RCom's troubles seem far from over despite firefighting measures being initiated by the lenders. The debt-laden company will be shutting do...

“The company is renegotiating the tower transactions with all the interested parties, including Brookfield Infrastructure Group,” RCom said...

The asset management company added that it was being 'patient' in pursuing the RCom deal and 'several other potential opportunities in this...

Reliance Communications, which is reeling under a debt burden of about Rs 46,000 crore, recently called off merger talks with Aircel, citin...

HSBC said it does not expect any material improvement in the company's credit profile in the near term.

In a statement Wednesday, the Anil Ambani-owned telco said it will file a fresh scheme of demerger of the towers of Reliance Infratel befor...

Reliance Communications (Rcom) added four of its senior management to its Board on Monday, a day after it decided to call off its merger wi...

Canadian investor Brookfield will still try to salvage its acquisition of RCom towers at a revised price after RCom’s merger talks with Air...

Indus is a three-way JV between Vodafone, Bharti Infratel and Idea. Voda and Bharti own 42% each while Idea owns 11.15%. US' Providence own...

RCom’s merger proposal with Aircel has already received approvals from Sebi, CCI, BSE and NSE.

The merger could set the ball rolling for a sale of RCom’s stake in its tower unit to Canada’s Brookfield. Together, the deals could reduce...

"A company which is a part of the Brookfield Infrastructure Group, will acquire 100% of Towercom Infrastructure Private Ltd.,” the company ...

The Anil Ambani-led telecom company agreed to sell a 51% stake in Reliance Infratel, the company’s tower unit, to Canada’s Brookfield Group...

The move comes a day after the Anil Ambani led telco signed a deal with Brookfield Group to sell a 51% stake in the telecom company’s tower...

As per the agreement Anil Ambani owned firm will enjoy certain information and other rights, but will not be involved directly or indirectl...

Sources say, valuations have already been revised from an earlier Rs 21,500 crore, Brookfield is valuing the portfolio at around Rs 16,500 ...

RCom, the country’s fourth-largest telco, has been seeking to pare its mammoth debt, pegged at Rs 42,000 crore.