Rcom: Latest News and Updates, Top Stories, Videos, Photos About Rcom

NCLT Mumbai Approves Sale of Reliance Communications Real Estate Assets

The National Company Law Tribunal (NCLT) Mumbai has approved the sale of certain unencumbered real estate assets of Reliance Communications (RCom) as part of the company's insolvency resolution process....

Govt Owes RCom Rs 104 Crore After SC Rejects Plea Challenging TDSAT’s Order

On Tuesday, the Supreme Court rejected the Central Government's plea challenging TDSAT's (Telecom Disputes Settlement and Appellate Tribunal) order directing refund of Rs 104.34 crore to Reliance Communication (RCom). The bench of R F Nariman and S Ravindra Bhat said, "We ...

Anil Ambani And 4 Others Resign As RCom Directors

Anil Ambani and four others have resigned as directors of Reliance Communications Ltd (RCom) amid ongoing insolvency proceedings. In a BSE filing, Reliance Communications Ltd informed the exchange of that five directors, including Anil D Ambani, Chhaya Virani, Ryna Karani, ...

Shares Of RCom Surge 10% On Debt Repayment

Shares of Anil Ambani-led Reliance Communications (RCom) gained 10 percent in early morning trade today and has remained at the price of Rs 4.40 apiece throughout the day. The surge follows the company's announcement that it had paid Rs 550 crore ...

RCOM And Reliance JIO Asset Sale Terminated

The agreements between RCOM, RTL, RITL (RCOM Group) and Reliance Jio (RJIL) respectively for sale of certain specified telecom assets have been terminated by mutual agreement. According to a release issued by RCom the said transactions have become incapable of being ...

Supreme Court Holds Anil Ambani Guilty Of Contempt

The Supreme Court on Wednesday held Reliance Communications chairman Anil Ambani and two other directors guilty of contempt for not willfully paying dues worth Rs 550 crore to the Swedish telecom equipment maker Ericsson. According to a PTI report, they faced ...

Reliance Communications To Voluntarily File For Bankruptcy

Reliance Communications Ltd will be filing for bankruptcy to resolve its debt related matters. The Anil Ambani-led company that has over Rs 40,000 crore in debt said on Friday evening that has been unable to gain 100 percent approval of all ...

RCom Shares Fall Sharply After DoT Rejects RCom-RJio Deal To Trade Airwaves

In Wednesday morning trade, shares of RCom plunged as much as 13% as DoT rejected the company's deal with Mukesh Ambani led Reliance Jio to trade airwaves as the structure of the deal is not in conformance with its guidelines. ...

RCom Shares Jump 15% As NCLAT Allows Asset Sale To RJio

RCom scrip after the approval by the NCLAT to sell its assets to Jio has surged by 15% in today's early morning session to Rs. 20.10 on the BSE. The surge in stock price has come on the back of National ...

Rcom Shares Rally 103% In Two Days

In an extension to yesterday's surge in the share price of Anil Ambani led Reliance Communications Limited (RCom) has jumped by almost 103 percent at Rs 21.30 today on NSE (National Stock Exchange). The stock opened as low as Rs 10.55 ...

RCom Share Prices Shoot Up by 46% On Ericsson Settlement Reports

Reliance Communications (RCom) Limited's share price surged as much as 45.97 percent from the previous close to Rs 15.40 at 1:36 pm after various news report suggested that the company was in settlement talks with Ericsson. It has not seen this ...

Best Short Term Money Making Investment Ideas For 2018

Most investment opportunities are able to generate limited returns these days. Fixed Income securities are offering very low interest rates; gold has gone nowhere in the last 1 year and real estate has been hit by demonetization. Equity shares are horribly ...

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