Last Updated: Friday, July 25, 2014, 14:46
The company said that it will use about Rs 1,500 crore (USD 250 million) of the proceeds to refinance the Standard Chartered Bank Loan Facility.
Last Updated: Wednesday, July 02, 2014, 21:19
US and European institutional investors bought a majority of shares in the over Rs 4,800-crore QIP offering by telecom operator Reliance Communications.
Last Updated: Friday, June 27, 2014, 19:59
Reliance Communications (RCom) on Friday said it raised about Rs 4,808 crore by selling shares to institutional investors to help trim debt.
Last Updated: Wednesday, June 25, 2014, 12:17
Shares of leading telecom operator Reliance Communications (RCOM) fell Wednesday after the company priced a proposed share sale for institutional investors at a discount to the current market price.
Last Updated: Wednesday, June 25, 2014, 11:31
The company, which opened the qualified institutional placement (QIP) at a price of Rs 142.13 a share, got total bids of more than Rs 12,000 crore, of which it retained Rs 4,800 crore, sources said.
Last Updated: Monday, June 09, 2014, 15:38
The pre-paid users will get free incoming calls while roaming with a pack of Rs 45 with validity of one month and outgoing calls will be charged 40 paisa/min.
Last Updated: Monday, June 09, 2014, 15:20
Under One India, One Rate Plans, both post-paid and pre-paid GSM customers will have to pay only their home plan tariffs while on roaming.
Last Updated: Monday, May 05, 2014, 20:42
Share price Reliance Communications Monday fell by nearly 4 percent after it reported 48.5 percent dip in consolidated net profit for the fourth quarter ended March 31.
Last Updated: Wednesday, April 16, 2014, 22:40
The company has also raised headline or base tariff rates by 7 percent to 1.6 paise per second from 1.5 paise, RCom said in a statement.
Last Updated: Monday, March 31, 2014, 15:07
The roaming pack for UK is available for a rental of Rs 849 per month, wherein users will be charged Rs 25 per MB for data and Rs 25 for call back to India.
Last Updated: Tuesday, February 11, 2014, 00:18
The company's consumer business will comprise DTH and consumer broadband business. Singh will report to Sawhny.
Last Updated: Tuesday, January 28, 2014, 01:47
"Vodafone's required documents were not found for seven service areas in B and C category. Hence, the company will not be able to bid for airwaves in these areas," the source said.
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