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Reliance Communication
Reliance Communication News
Supreme Court
20 Feb 2019
Pay Rs 453 crore to Ericsson within 4 weeks or face 3-month jail: SC to Ambani
Ericsson had sought action against Ambani and others for failing to pay Rs 550 crore towards settlement to the company.
Supreme Court
12 Feb 2019
Ericsson-RCom case: SC asks Anil Ambani to appear before it tomorrow
Ericsson had sought action against Ambani and others for failing to pay Rs 550 crore towards settlement to the company by September-end last year.
Department of Telecom
31 Oct 2017
Reliance Communications completes merger with MTS
The Russian conglomerate Sistema controlled SSTL will get 10 percent stake in RCom as part of the deal.
Department of Telecom
24 Oct 2017
DoT approves RCom-Sistema Shyam merger
The closure of the transaction is expected by the first week of November 2017.
Reliance Communication
31 May 2017
RCom bond sell-off gathers pace after Moody's rating cut
A sell-off in Reliance Communications Ltd`s bonds accelerated on Wednesday after rating agency Moody`s cut its rating on the company deeper into junk territory, underscoring the extent of its debt woes.
Reliance Jio
12 Sep 2016
Reliance Jio has a new competitor! On recharge of Rs 40 get full talk time plus 1GB data
Rcom has a new offer for its pre-paid GSM subscribers.
Arun Jaitley
08 Jul 2016
Congress has scored self-goal on telecom issue: Arun Jaitley
Finance Minister Arun Jaitley on Friday said the Congress has scored a "self-goal" by calling under-reporting of Rs 46,000 crore revenue by six telecom firms an NDA scam as the "impropriety" had taken place during the UPA regime.
Reliance RJio
07 Mar 2016
RJio to give free WiFi at 6 stadiums for T20 World Cup matches
Telecom operator Reliance Jio will provide free WiFi services at six cricket stadiums during the upcoming T20 World Cup matches
Reliance Jio
15 Feb 2016
Reliance Jio, 8 other telcos form knowledge sharing alliance
Announced Monday, members of the alliance include BT, Deutsche Telekom, Reliance Jio Infocomm Limited, Millicom, MTS, Orange, Rogers, TeliaSonera and TIM.
RCom
22 Oct 2015
RCom in talks with BSNL, Vodafone, Idea for 3G-ICR like 2G deal
Telecom operator Reliance Communications is planning to roll out a 3G ICR-like roaming agreement to continue 2G service in Bihar, West Bengal and Assam after its right to use 2G spectrum expires in December.
Anil Ambani
30 Sep 2015
Asset sales keyword as Anil Ambani addresses marathon of AGMs
On a day that seemed like marathon of AGMs, Reliance Group Chairman Anil Ambani Wednesday announced asset sales at three group firms as he addressed shareholders of various group firms one after another.
Anil Ambani
30 Sep 2015
Reliance Communications to partner Reliance Jio in 4G services
Reliance Communications Ltd (RCom), controlled by tycoon Anil Ambani, will partner with Reliance Industries Ltd`s telecom subsidiary to launch fourth-generation (4G) mobile phone services by year-end, the company`s chairman said on Wednesday.
Reliance Communication
31 Jul 2015
RComm unit stake sale draws US interest: Sources
Reliance Communications, India`s fourth-biggest mobile phone carrier and headed by billionaire Anil Ambani, is looking at a valuation of about $4 billion for the unit, which has about 45,000 mobile phone masts, the sources said.
RCom
15 Jun 2015
RCom, Sistema in talks to merge telecom biz in India
Anil Ambani-led Reliance Communication Monday said it is in talks with AFK Sistema to merge the Russian conglomerate's Indian telecom operations through a cashless stock swap.
Airtel
27 Mar 2015
Airtel, RCom gain capability for 4G service across country
Bharti Airtel and Reliance Communications (RCom) have gained capability to provide 4G services across the country as they bagged requisite spectrum in the concluded spectrum auction.
RCom
13 Feb 2015
RCom Q3 Net up 86% at Rs 201 crore
The company had posted a net profit of Rs 108 crore in the same quarter a year ago.
RCom
05 Feb 2015
RCom, Avaya ink Rs 500 cr customer care ops upgrade deal
Though the companies declined to disclose the exact deal size, the transaction is believed to be in the range of Rs 450-500 crore, according to sources.
Aurangabad municipal corporation
19 Jul 2014
Civic body seals 61 mobile towers for evading property tax
Coming down on defaulters, the Aurangabad Municipal Corporation has sealed 61 mobile towers for non-payment of property tax.
Reliance Communication
25 Jun 2014
RCom raises Rs 4,800 cr in the biggest fund-raising by a pvt co
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.
Reliance Communication
24 Jun 2014
RCom to raise Rs 4,300 crore from investors, promoters
The offer price of the QIP has been fixed at Rs 142.13 a share, which is a 5 percent discount to the floor price of Rs 149.61.
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