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RCOM EARNINGS
AGR Case: Supreme Court asks Rcom to explain fall in asset valuation from Rs 35,000 crore to Rs 5,304 croreThe top court directed RCom's legal representative to explain how the Rcom and its units value eroded from Rs 35,000 crore in 2019 to Rs 5,...- Moody's warns of downgrading RCom's overseas cable armThe Bermuda-incorporated GCX is a subsidiary of RCom through an intermediary holding company Global Cloud Xchange.
- RCom Q4 net loss widens to Rs 19,827 crore, hurt by one-time chargeRCom's losses significantly widened because of a one-time charge the Anil Ambani-owned telco had to factor in due to the closure of its wir...
- Reliance Communications posts Rs 1221 crore loss in June quarterRCom said the grim earnings numbers in the June quarter were triggered by "disruptive pricing" and "unprecedented competitive intensity" in...
- Q4 results: Jio’s onslaught to take a toll on rivals’ booksThe Q4 profit and consolidated revenue estimates are based on an ET Poll, averaging the forecasts of eight brokerages (for Airtel and Idea)...
- Rcom stock loses 4.5% after 'sell' call from Deutsche bankWe believe RCom could lose around 100-150 bps (basis points) revenue share over the next two years,” Deutsche Bank said in a report.
- Aircel case in Supreme Court not going to impact merger: Reliance CommunicationsRCom expects to cut down 70 per cent of its debt totalling around Rs 42,000 in 2017-18 by leveraging its assets including by merger of its ...
- Post Aircel merger, Reliance Communications says focus now on tower dealGurdeep Singh, chief executive-consumer business at RCom, didn’t talk about specifics related to tower deal, but said the company was focus...
- Reliance Communications Q1 net profit jumps 34% at Rs 177 croreReliance Communications today reported a 34 per cent jump in its net profit at Rs 177 crore for the quarter ended June 30 on the back of gr...
- Morgan Stanley sees 30% upside in Reliance Communications post Rs 1200 cr dealThe investment bank has raised the stock’s target price from Rs 56 to Rs 86, an upside of 30 per cent from the current market price.
- RCom pays Rs 8,585.04 cr for 3G spectrumReliance Communications today paid Rs 8,585.04 crore to the government towards securing the 3G spectrum.
- RCOM to adopt new quarterly incentive scheme from AprilAnil Ambani’s Reliance Communications (RCOM) will switch to a quarterly performance-linked incentive scheme from April 1, 2010.
- RCom to go for quarterly staff performance reviewAnil Ambani’s Reliance Communications will switch to a quarterly performance-linked incentive scheme from April 1, 2010.
- Buy Bharti and Reliance Communications on weakness:KIM ENG SecuritiesKIM ENG Securities has recommended ‘Buy’ on Bharti Airtel and Reliance Communications on declines. The brokerage plans to review its foreca...
- India Infoline downgrades Bharti & RComIndia Infoline has downgraded its rating on telecom majors like Bharti Airtel and Reliance Communications to ‘Market Performer’ from earlie...
- Telcos stretch it thin with fresh rate warThe immediate fallout of RCom’s move is that its new tariff, named ‘Simply Reliance’ , will chop average revenue that a telco generates per...
- Falling tariffs to dent telcos' profit marginsThe telecom sector appears to be readying for one of the worst quarters in terms of profit growth, with the average slipping to 8.7% for Ap...
- RCOM may outsource services to cut costsRCOM is looking at outsourcing the management of its broadband and fixed-line services in a bid to cut costs. The contract, which could be ...
- CVC orders probe against DoT staffCVC has ordered an investigation against officials of the department of telecom, who have allegedly been involved in a case pertaining to u...
- Rcom fails to impress marketReliance Communications (RCOM) underperformed market expectations with a net profit growth of around 24% (year-on-year) for the quarter end...
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