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US, European funds buy majority of RCom's over Rs 4,800 cr QIP

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.

RCom raises Rs 4,808 cr in share sale to institutional buyers

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.

RCOM shares fall on share sale below market price

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.

RCom raises Rs 4,800 cr in the biggest fund-raising by a pvt co

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.

RCom launches roaming plan 'One India One Rate'

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.

RCOM launches free roaming offers with One India, One Rate Plans

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.

RCom shares down 4% on Q4 earnings

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.

RCom increases tariffs by up to 20% for pre-paid users

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.

RCom launches two international roaming packs

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.

RCom ropes in former Airtel Mobility chief Vinod Sawhny as CEO

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.

Vodafone not to bid for spectrum in 7 circles, RCom in 8 areas

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.

Reliance Globalcom appoints William Barney as CEO

Last Updated: Friday, January 17, 2014, 20:38

Reliance Globalcom, a unit of Reliance Communications (RCom) on Friday appointed William (Bill) Barney as CEO of its three offshore businesses, comprising Flag Telecom, Yipes and Vanco.