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Reliance Communications Ltd (RLCM.NS)

RLCM.NS on National Stock Exchange of India

11.35INR
17 Oct 2018
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Rs-0.45 (-3.81%)
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Latest Key Developments (Source: Significant Developments)

Reliance Communications Says Granted Relief By Telecom Disputes Settlement & Appellate Tribunal
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Reliance Communications Ltd ::SAYS RELIANCE COMMUNICATIONS GRANTED RELIEF BY TELECOM DISPUTES SETTLEMENT & APPELLATE TRIBUNAL.SAYS SPECTRUM TRADING TO BE COMPLETED WITHOUT BANK GUARANTEE OF 29 BILLION RUPEES DEMANDED BY DOT.SAYS RCOM TO RECEIVE 9.75 BILLION RUPEES FROM SALE OF SPECTRUM.TO PAY ERICSSON 5.50 BILLION RUPESS & RITL MINORITY INVESTORS 2.30 BILLION RUPEES FROM SPECTRUM TRADING PROCEEDS.  Full Article

Reliance Communications Says One97 Communications Filed Petition Against Co, Units
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - Reliance Communications Ltd ::ONE97 COMMUNICATIONS HAS FILED PETITION AGAINST CO, RELIANCE TELECOM AND RELIANCE WEBSTORE, UNITS OF CO.SAYS MATTER AGAINST RELIANCE TELECOM LIMITED IS LISTED FOR HEARING ON 26TH OCTOBER, 2018 AT NCLT.PETITION FOR CERTAIN BILLS SUBMITTED FOR SERVICES ALLEGEDLY RENDERED FOR 202.5 MILLION RUPEES.  Full Article

Reliance Communications Says 2 Strategic Buyers Have Shown Interest To Buy Stake In Co - ET NOW
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - :RELIANCE COMMUNICATIONS SAYS 2 STRATEGIC BUYERS HAVE SHOWN INTEREST TO BUY STAKE IN CO - ET NOW.  Full Article

Reliance Communications Says Co Undertaking Initiatives To Enhance Network Infrastructure
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Reliance Communications Ltd ::CURRENTLY UNDERTAKING SERIES OF INITIATIVES TO ENHANCE NETWORK INFRASTRUCTURE, PROCESSES.  Full Article

RCom Completes Sale Of Fibre Assets Worth 30 Bln Rupees To Reliance Jio
Monday, 27 Aug 2018 

Aug 27 (Reuters) - Reliance Communications Ltd ::SAYS COMPLETES SALE OF FIBRE ASSETS WORTH 30 BILLION RUPEES, TO RELIANCE JIO INFOCOMM.WITH COMPLETION OF FIBRE MONETIZATION TRANSACTION, 178,000 KMS FIBRE STAND TRANSFERRED TO RJIO.  Full Article

Ericsson Objects To Settlement Terms For Reliance Communications Insolvency Case - CNBC-TV18
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - :ERICSSON OBJECTS TO SETTLEMENT TERMS FOR RELIANCE COMMUNICATIONS INSOLVENCY CASE - CNBC-TV18.  Full Article

Reliance Industries Exec Says Doesn't See GRM Impacted Going Forward
Friday, 27 Jul 2018 

July 27 (Reuters) - Reliance Industries Ltd's Joint CFO V Srikanth, Reliance Jio's Head of Strategy, Anshuman Thakur::EXEC SAYS IRAN IS VERY SMALL PORTION FOR US; FROM NOVEMBER, WE WILL BE COMPLIANT TO THE SANCTIONS ON IRAN.EXEC SAYS LOTS OF GRADES OF CRUDE THAT CAN BE TAKEN FROM IRAQ AND SAUDI ARABIA.EXEC DEMAND FOR OIL WILL STAY FIRM IN THIS QUARTER ALSO.EXEC SAYS DO NOT SEE GRM TO BE IMPACTED GOING FORWARD.EXEC SAYS PETCHEM HAS RAMPED UP FULLY AND THERE WILL BE NO FURTHER VOLUME INCREASE.EXEC SAYS CONSUMER BUSINESS CONTRIBUTION FROM HERE WILL KEEP GOING UP.EXEC SAYS NO PAYMENT HAS BEEN MADE FOR RCOM SO FAR.EXEC SAYS THROUGH RELIANCE RETAIL, CO WILL NOW EXPAND INTO SMALLER CITIES.  Full Article

RCom Says Reliance Infratel Informed NCLAT Of Settlement Between It And Minority Investors
Tuesday, 29 May 2018 

May 29 (Reuters) - Reliance Communications Ltd ::UNIT RELIANCE INFRATEL INFORMED NCLAT THAT AMICABLE SETTLEMENT HAS BEEN ARRIVED AT BETWEEN IT AND MINORITY INVESTORS.SAYS UNIT RELIANCE INFRATEL INFORMED NCLAT THAT CONSENT TERMS WILL BE FILED SHORTLY.SETTLEMENT ENABLE CO TO PROCEED WITH ASSET MONETISATION OF 80 BILLION RUPEES.SETTLEMENT WITH MINORITY INVESTORS PAVES WAY FOR VACATION OF STAY GRANTED BY NCLT ON SALE OF RITL'S TOWER AND FIBRE ASSETS.  Full Article

India's Bankruptcy Court Admits Ericsson's Insolvency Plea Against RCom
Tuesday, 15 May 2018 

May 15 (Reuters) - :INDIA'S BANKRUPTCY COURT ADMITS ERICSSON'S INSOLVENCY PLEA AGAINST RELIANCE COMMUNICATIONS.  Full Article

RCom Says Awaiting Detailed Order From NCLT After Court Admits Ericsson's Insolvency Plea
Tuesday, 15 May 2018 

May 15 (Reuters) - Reliance Communications Ltd ::SAYS AWAITING DETAILED ORDER FROM INDIA'S BANKRUPTCY COURT ADMITTING ERICSSON'S INSOLVENCY PLEA AGAINST CO.  Full Article