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02 Feb, 2012

Reliance Comm stock nosedives despite no inviolvement in today's SC judgement

It has proved to be a shocking day for 11 telecom companies, who's 2G licences issued during A Raja's tenure have been cancelled by the Supreme Court. Company stocks saw a drastic fall today post the verdict. However, though none of Reliance Communication's licences have been cancelled, its stock nosedived to an intraday low of Rs 91.05 a share post the judgement.


Source: BloombergUTV.com

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31 Jan, 2012

Anil Ambani was not director of Swan Tel: witness tells court

Anil Ambani was not director of Swan Tel: witness tells court


Source: Moneycontrol.com

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24 Jan, 2012

Reliance Comm cuts off Etisalat over payments

RELIANCECOMM-ETISALAT:Reliance Comm cuts off Etisalat over payments


Source: Moneycontrol.com

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24 Jan, 2012

Reliance Communications cuts off Etisalat over payments

Reliance Communications said it has disconnected from its network a mobile phone joint venture between Abu Dhabi-based Etisalat ETEL.AD and India's DB Group over non-payment of fees for using its


Source: Sify.com

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24 Jan, 2012

R-Com cuts off Etisalat over payments

The joint venture, Etisalat DB, said separately that it has been facing network disruption across the country since last Friday due to a technical issue beyond its control


Source: Livemint.com

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24 Jan, 2012

Is the worst behind for R-Com?

R-Com has a net-debt to EBITDA of 4.9 and total debt of Rs 34,896 crore as of the September quarter


Source: Livemint.com

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24 Jan, 2012

RCom, Etisalat DB spar on tower rental

Etisalat DB's mobile network collapsed across its 15 circles after Reliance Communications refused to lease out tower capacity to the company until it cleared all dues. Etisalat DB, formerly known...


Source: The Hindu Business Line

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18 Jan, 2012

Reliance Comm plans $1.5 bln unit IPO - Source

Telecoms company Reliance Communications is looking to raise about $1.5 billion through an initial public offering of its undersea cable unit in Singapore, a source with direct knowledge said on


Source: Sify.com

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18 Jan, 2012

Anil Ambani knocks on China's doors yet again to borrow money for Reliance Comm

Reliance Communications yesterday said it will borrow $1.18 billion from Chinese lenders China Development Bank Corp, Export-Import Bank of China and Industrial & Commercial Bank of China. The proceeds will be used for Anil Ambani's mobile-phone operating company to redeem convertible debt maturing on March 1.


Source: BloombergUTV.com

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18 Jan, 2012

RCom to repay $1.8-bn FCCB via Chinese loan

Reliance Communications (RCom), the flagship company of Anil Ambani-led Reliance Group has arranged loan for refinancing its $1.18-billion Foreign Currency Convertible Bonds (FCCBs) due on March 1,


Source: Sify.com

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