The little-known Delhi firm behind the Rs 16,000-crore bid for Anil Ambani's telecom assetsAmid rising speculations around RCom's final fate, UVARCL has generated a lot of interest in industry and media circles.
05 Aug, 2020, 02.23 PM IST
SBI board approves Rs 23,000-crore RCom insolvency resolution plan: SourcesJio placed bid for Reliance Infratel's tower and fibre assets & UVARC for assets of RCom & Reliance Telecom.
04 Mar, 2020, 08.47 AM IST
RCom's committee of creditors to meet on MondayUV Asset Reconstruction Company is learnt to have placed a bid of around Rs 14,700 crore, while Reliance Jio has made an offer of Rs 4,700 ...
23 Feb, 2020, 04.05 PM IST
Jio, UVARC emerge top bidders for RCom assetsReliance Jio had placed Rs 4,700-crore bids for mobile tower and fibre assets of RITL. With this, the 38 lenders of RCom would recover 75% ...
14 Jan, 2020, 07.41 PM IST
Airtel, Infratel among 6 bidders for RCom assets; Jio stays awayJio is said to have asked RCom’s RP for a 10-day extension of the Nov 11 deadline for submission of bids.
13 Nov, 2019, 06.15 AM IST
Anil Agarwal's Twin Star Tech not to bid for RCom assetsAnil Agarwal-promoted Twin Star Technologies pulled out as a bidder for telecom assets of debt-ridden RCom.
23 Aug, 2019, 06.26 AM IST
Jio, Airtel to compete for RCom assetsPrivate equity firms, AMCs, tower operators among 10-12 firms have submitted EoIs.
05 Aug, 2019, 02.10 PM IST
RCom, Jio terminate asset sale agreement by mutual consentBoth the companies had entered into an agreement for sale of RCom's assets in December 2017.
18 Mar, 2019, 11.02 PM IST
RCom to sell more spectrum to Jio to reduce debtThis will be in addition to the 122 MHz in the same band that Rcom is already selling to Jio.
11 Aug, 2018, 09.06 PM IST
Sistema sells its 10 per cent stake to exit Reliance CommunicationsSistema JSFC took a call to exit RCom after the beleaguered telco recently got embroiled in insolvency proceedings, a person with direct kn...
21 Jun, 2018, 08.38 AM IST
Supreme court orders Status Quo on RCom assets saleIn view of intervening court holidays on march 29 and 30, the matter has been fixed for hearing in the following week on Thursday, April 5
22 Mar, 2018, 11.17 PM IST
Confident about expeditious completion of asset sale plan: RComThe comments follow the Supreme Court order earlier in the day that status quo be maintained on RCom's sale of certain assets to Reliance J...
22 Mar, 2018, 05.35 PM IST
Reliance Jio to buy out RCom’s wireless assetsThis agreement also came about a decade after the brothers divided the Ambani empire between with them, with the telecom interests going to...
29 Dec, 2017, 07.26 AM IST
Ambani to Ambani's rescue! Jio to buy RCom assets, inks pactAnil Ambani led Reliance Communications said that it will utilise the proceeds of the monetisation of this cash deal solely for pre-payment...
28 Dec, 2017, 07.10 PM IST
Lenders clear sale of RCom Delhi, Chennai assets for Rs 801 cr"Lenders have approved sale of real estate asset RCom holds in Delhi and Chennai for Rs 801 cr to Brookfield," a source privy to the develo...
20 Nov, 2017, 05.29 PM IST
Reliance Communications stock jumps over 5% in intraday trade after CLSA ‘Outperform’ viewThe brokerage said the upgrade was on expectations that the telecom operator would soon reduce its debt with proceeds of its telecom tower ...
15 Dec, 2015, 03.00 AM IST
Reliance Communications' deal to sell towers will lower its debt by 60%: CLSARCom announced the signing of a term sheet with Tillman and TPG for the sale and leaseback of its 43,400 towers held by its subsidiary Reli...
14 Dec, 2015, 06.03 PM IST