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Reliance Communications

19 Mar 2019

RCom shares zoom 10%; hit upper circuit after payment to Ericsson

The scrip jumped 10 per cent to Rs 4.40, its upper circuit limit, on the BSE.

14 Mar 2019

Lenders sell 12 crore share of Reliance Communications

The sale was a result of lenders invoking shares pledged with them.

31 May 2018

RCom shares in demand; soar 20%

The order of the National Company Law Appellate Tribunal clears the way for Anil Ambani-led RCom to sell its telecom towers, spectrum and fibre assets to Reliance Jio.

Reliance Communications

29 Dec 2017

RCom shares jump nearly 35% on Reliance Jio deal

In four days, the stock has zoomed over 129 percent.

20 Dec 2017

RCom zooms nearly 36%; other Reliance group stocks also shine

The sharp rise in the stock came amid reports that the National Company Law Tribunal (NCLT) adjourned the hearing of insolvency petitions filed against Reliance Communications to early next month.

06 Dec 2017

RCom slips 5% on bourses as Fitch withdraws ratings

During the day, RCom stock opened at Rs 11.10 and slumped 5.64 percent to touch an intra-day low of Rs 10.70 on the BSE. At the end of today's trading session the stock was quoted at Rs 10.78, down 4.94 percent.

Reliance Communications

28 Nov 2017

RCom shares end nearly 4% lower on insolvency case buzz

BSE had sought clarification from Reliance Communications after market hours on Monday with respect to news that China Development Bank has filed an insolvency case against it.

Reliance Communications

28 Nov 2017

RCom's shares slide after reports of CDB insolvency case against it

RCom is attempting to convert roughly 70 billion rupees of its debt to equity via a strategic debt restructuring plan.

13 Nov 2017

RCom shares plunge 13.5% on Q2 loss

This is the fourth straight quarter of loss for the company.

14 Sep 2017

RCom shares fall 3% after Ericsson's insolvency petition

The stock opened lower and fell further 2.98 percent to Rs 21.15 on BSE.

09 Aug 2017

RCom plans to issue shares to lenders in lieu of debt

Telecom operator Reliance Communications, which is reeling under debt of about Rs 45,000 crore, plans to issue shares to lenders for the debt that it has raised from them, as per a regulatory filing of the company.

07 Jun 2017

RCom shares dive over 4% on further downgrade in ratings

Shares of Reliance Communications on Wednesday fell over 4 percent after Fitch and Moody's Investors Service further downgraded the company's credit ratings, citing a fragile liquidity position and limited ability to repay debt.

Reliance Communications

30 May 2017

Moody's downgrades RCom; Company says will clear debt by September 30

Moody's Investors Service has downgraded Reliance Communications' corporate family rating and senior secured bond rating on account of weak performance and "fragile" liquidity position.

29 May 2017

RCom shares hit record low on fourth-quarter loss, debt woes

Shares of mobile carrier Reliance Communications Ltd fell as much as 20 percent to an all-time low on Monday, after it reported a USD 150 million fourth-quarter loss and worries about its heavy debt load resurfaced.

RCom-Aircel merger

24 Apr 2017

RCom-Aircel merger gets shareholders' approval

Reliance Communications (RCOM) has received 99.99 percent shareholders approval for merger of its wireless business with Aircel, a company statement said here on Monday.

Reliance Communications

02 Nov 2015

RCom shares surge over 6% on Sistema deal

Shares of Reliance Communications (RCom) surged over 6 percent Monday after the company announced the acquisition of Russian conglomerate Sistema's Indian telecom unit in an all-stock deal that will create an operator with 118 million subscribers.

16 Jun 2015

RCom shares reverse early gains on profit-booking

The stock ended at Rs 58.70, down 0.25 percent, on the BSE. In intra-day trade, shares of the company gained 2.97 percent to Rs 60.60.

Reliance Communications

16 Jun 2015

RCom shares up 3% on merger talks with Sistema

Shares of Reliance Communications on Tuesday rose nearly 3 percent after the company said it's in talks to buy Russia-based Sistema's Indian arm to consolidate its position as the nation's fourth-largest telecom player.

29 May 2015

RCom Q4 net profit jumps by 46% to Rs 228 cr

Shares of RCom closed at Rs 67.8 a unit, up 5.28 percent from previous close on BSE.

Reliance Communications

25 Jun 2014

RCOM shares fall on share sale below market price

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.

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