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RCOM BOARD MEETING
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.- 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% ...
- Anil Ambani's RCom's bankruptcy begins; next hearing on May 30With this, RCom, which owes over Rs 50,000 crore to banks, has become the first Anil Ambani group company to be officially declared bankrup...
- 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.
- RCom seeks nod to raise borrowing limits to Rs 50,000 croreThe resolution enables the company's board to borrow funds which may at any time not exceed Rs 50,000 crore.
- Reliance Communications board to meet on Aug 12 to review merger with AircelThe $6-billion merger of debt-ridden telecom operators RCom and Aircel has already received approvals from the Securities and Exchange Boar...
- Merger with Aircel likely this week after Reliance Communications board meetingThe matter is likely to come up for discussions at the RCom board meeting scheduled for Wednesday to consider and approve unaudited financi...
- RCOM, Sistema to merge in all-stock deal; SSTL to get around 10% stake in combined entityReliance Communications is merging the telecom business of Sistema Shyam Teleservices (SSTL) with itself in a cashless deal worth around Rs...
- Anil Ambani-led Reliance Communications mulls merger with Sistema Shyam's MTSThe firms had entered into talks in May for a possible merger of their operations via a stock swap, where MTS could get a stake of 8-10% of...
- Reliance Communications to seek approval to issue shares to QIBs at AGMThe proposed resolution at the forthcoming AGM of the Company is merely an enabling one, in line with the practice followed at AGMs for the...
- India to have just 4-5 national level operators: Anil AmbaniHe also said RCom will have greater cooperation on a wide range of services with Reliance Jio Infocomm, which is led by his elder brother M...
- Cash-strapped Reliance Communications set to give up strategic stakeThe Anil Dhirubhai Ambani Group (ADAG) is ready to sell a strategic stake in Reliance Communications (RCOM) as the company seeks to infuse ...
- MTN to reopen merger lines with Anil AmbaniSouth Africa's MTN could reopen merger negotiations with Reliance Communications in a board meeting to be held today. Top 10 telcos of the ...
- Will RCom-MTN deal be resurrected?With the Ambani brothers deciding to smoke the peace pipe, speculation is rife on whether the deal between Anil Ambani's Reliance Communica...
- E-auction of tea is around the cornerThe Tea Board of India has roped in Reliance Communications, which will provide the MPLS-VPN leased line for conducting the e-auction acros...
- Anil Ambani inching closer to Mukesh in pay packageAnil Ambani is a whisker away from his elder brother Mukesh after an annual remuneration of Rs 30 crore. Young Billionaires | Modern Moguls...
- MTN may hold board meeting to discuss RCOM dealSources close to the development indicated that MTN could hold a board meeting to discuss the status of talks. Porsche's new phone | Day in...
- MTN may hold board meeting tomorrow to discuss RCOM dealSouth African telecom giant MTN, which on Wednesday extended agreement for exclusive talks with India's Anil Ambani Group firm RCOM till Ju...
- Haze over MTN deal as deadline passesAnil Ambani-controlled Reliance Communications (RCOM) and South African telco MTN played out their own little cliffhanger. New iPhone I Por...
- MTN may hold board meeting on Thursday to discuss RCOM dealMTN is likely to convene a board meeting to discuss the agreement for exclusive talks with RCOM for an amalgamation deal. Market Newsletter...
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