Reliance Communications

Ericsson seeks arrest and detention of Anil Ambani over Rs 550 crore dues

In early October, Reliance Communications had sought 60 more days for repayment of Rs 550 crore to Ericsson.

Jan 4, 2019

Reliance Communications' settlement with Ericsson over dues unlikely for now: Report

Ericsson had signed a seven-year deal in 2014 to operate and manage RCom's nationwide telecoms network. The company is now seeking 1.55 billion rupees ($170 million) from RCom and two of its subsidiaries.

May 18, 2018

Aircel shutdown leaves 5,000 employees in lurch over salary dues

The Gurugram-based firm was in talks to merge with Reliance Communications, but the talks failed to materialize and the carrier then decided to shut down operations in 6 regions.

Mar 27, 2018

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Stocks to watch on March 22: Sun Pharma, Coal India, JP Associates

Shares in Reliance Communications are likely to move on report the firm has received bondholders' approval for asset monetization plan.

Mar 22, 2018

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Stocks to watch on March 13: Bata India, InterGlobe Aviation, NBCC India

Stocks such as Bata India, InterGlobe Aviation, NBCC India are likely to move in trades on Tuesday.

Mar 13, 2018

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Stocks to watch on March 12: Bharti Airtel, Jet Airways, Shree Renuka Sugars

Stocks such as Bharti Airtel, Jet Airways, Shree Renuka Sugars are likely to move in trades on Monday.

Mar 12, 2018

Airtel and Vodafone likely to buy debt-ridden RCom's spectrum

The telcos are looking for RCom's 2100 MHz spectrum in 13 circles–Delhi, Mumbai, Kolkata, Punjab, Madhya Pradesh, Bihar, Assam.

Dec 1, 2017

RCom to sell DTH arm Reliance BIG TV to reduce debt

The company said that following the change of ownership, services to its 1.2 million subscribers and continuity for about 500 employees of Reliance BIG TV won't be interrupted in any manner.

Nov 29, 2017

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China Development Bank files insolvency suit against debt-ridden Reliance Communication

Earlier, RCom's operational creditors Ericsson India and Manipal Tech have already filed bankruptcy petitions against the telecom company as dues were not cleared.

Nov 28, 2017

Reliance Communications and Aircel lash out at rivals for causing them 'irreparable damage' with false advertising

RCom and Aircel have now accused Bharti Airtel, Vodafone and Idea Cellular of trying to poach its customers through false advertising.

Nov 18, 2017

Slowdown in telecom sector puts 100,000 jobs at risk; is Bharti Airtel first to face the heat?

Facing the heat of the economic slowdown, Bharti Airtel has reportedly reduced its headcount by 1,805 employees in India in the last one year.

Nov 1, 2017

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1,000 to 1,200 RCom workers to get laid off as company shuts most wireless businesses

The company has communicated to its employees that their last working day will be November 30.

Oct 26, 2017

You can always go home: Reliance Communications to re-absorb 4,000 staffers after Ericsson deal debacle

RCom and Ericsson decided to sever ties over non-payment of dues to the latter, amounting to approximately Rs 1,150 crore and now 4,000 employees are set to rejoin Reliance Communications.

Oct 11, 2017

RCom in tight spot as tower operators cut services citing pending dues

Reliance Communications owes GTL and its unit CNIL about Rs 95 crore and Rs 20 crore to Rs 25 crore each to ATC and Bharti Infratel.

Oct 6, 2017

Anil Ambani flags 'creative destruction' of telecom sector

Sector under stress, and banks are not lending he says, pointing out that many operators have seen value erosion and large losses over the past year.

Sep 26, 2017

NCLT approves Reliance Communications-Aircel merger, Brookfield deal

The tribunal on Monday overruled objections of Bharti Infratel, GTL and Ericcson.

Aug 14, 2017

Jio effect: Reliance Communications joins data tariff war with new Rs 299 unlimited plan

Reliance Communications introduces new Rs. 299 plan with unlimited data, voice calls and text messages.

Aug 11, 2017

Under NCLT heat, RCom seeks time for Aircel merger, tower business sale

Says it is "running against time", in talks with China Development Bank to rethink its opposition to deal.

Jul 28, 2017

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Jio-graphic: Price slashes by Reliance upstart bleed Airtel bottomline

Net profits decline 75% in Q1 thanks to sops from Ambani-backed Reliance Jio; smallest profit in 18 quarters

Jul 25, 2017

Here's why Reliance Jio, Airtel, Vodafone and Idea clashed over interconnect usage charges

Reliance Jio and Airtel engaged in a serious spat over the implementation of interconnect usage charges in rural areas.

Jul 21, 2017

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