Reliance Communications

Reliance Communications shares plunge yet again on loan repayment, debt downgrading woes

Anil Ambani-owned Reliance Communications reported dismal Q4 results amid mounting loans and downgrading of its debt by credit rating agencies.

May 31, 2017

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Reliance Communications lays off 800 employees: Report

Falling revenues and margins are forcing Anil Ambani's Reliance Communications to take drastic steps such as laying off employees.

Apr 7, 2017

Supreme Court dismisses Rs 4,800 crore tax liability on R-Com

SC rejects the SLP filed by the Income Tax department against R-Com treating the proceeds from foreign currency convertible bonds as 'unexplained cash credits'

Nov 22, 2016

Reliance Communications, Aircel announce merger: Is this a tactic for expansion or just survival?

Apart from reducing their debt, the two telcos hope to see a synergy in a highly competitive business in India.

Sep 14, 2016

Reliance Communications, Aircel likely to sign merger agreement in September

Reliance Communication, Aircel merger is expected to create India's third largest telecom company with 196 million subscribers.

Aug 27, 2016

Vodafone, Idea Cellular in 'exploratory' mega merger talks: Report

Even though Idea denied such rumours, CNBC-TV18 reported the two telcos have assessed the challenges and opportunities of such a move.

Aug 23, 2016

Ambani's $20 billion bet on TV, telecoms may rekindle wealthy brothers' rivalry

Mukesh Ambani's television unit has been aggressively wrapping up deals with hundreds of small players in a street-by-street effort.

Mar 8, 2016

DoT's revenue may touch Rs 49,200 crore in FY17 from spectrum auctions

The Department of Telecom's estimated revenue in FY17 will be Rs 4,000 crore higher than the projected amount in this fiscal.

Feb 18, 2016

Free Basics from Facebook paid platform now

Facebook Free Basics a paid platform now: Report

After TRAI's ruling against differential pricing, Reliance Communications has decided to charge its users for Faceboook's Free Basics, The Times of India reports.

Feb 11, 2016

Bharti Airtel, Vodafone, Idea Cellular may 'skip' 700MHz spectrum auction: Fitch Ratings

The reserve price for the 700 MHz band spectrum is expensive, according to analysts and companies.

Jan 29, 2016

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