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29 May, 2017 8:26 AM Anil Ambani Group stocks under pressure on debt concerns; RCom falls 24%

Reliance Infra, Reliance Capital, Reliance Power and Reliance Defence too down over 4% Shares of Reliance Anil Dhirubhai Ambani Group (ADAG) companies were under severe pressure, falling by up to 24% on BSE in intra-day deals on concerns of whether the group would be able to repay the high debt to banks amid poor March-quarter results. RCom tanked nearly 16

29 May, 2017 5:17 AM Reliance Communications Shares Plunge To Record Low On Debt Concerns

Reliance Communications shares fell as much as 20 per cent to an all-time low on Monday, after it reported a Rs 966 crore fourth-quarter loss and worries about its heavy debt load resurfaced. The company, controlled by billionaire Anil Ambani, over the weekend posted its second straight quarterly loss, dragged down by a price war in what is the world's 22

29 May, 2017 4:01 AM RCom plunges 7% on mounting debt woes, Q4 loss

NEW DELHI: Shares of telecom major Reliance Communications on Monday dropped for eighth time in the past 10 sessions after the firm on Saturday reported Rs 948 crore loss for the fourth quarter due to intense price war unleashed by Reliance Jio. The Anil Ambani-led firm had registered net profit of Rs 79 crore in the corresponding period of the previous 20

28 May, 2017 6:52 PM Over 10 banks red flag Anil Ambani's RCom over missed loan payments

MUMBAI | NEW DELHI: The plight of Reliance Communications is more serious than what credit rating agencies believe. The Anil Ambani-owned mobile phone operator has defaulted on its loan servicing obligations with more than 10 local banks, some of whom have categorised the exposure as "special mention account" in their asset books. SMA assets are loans 9

28 May, 2017 3:32 PM Reliance Communications hit by mobile price war

Jio’s free services forced competitors to reduce plan tariffs Indian mobile phone network operator Reliance Communications Ltd. posted its second straight quarterly loss, hit by the price war which has broken out in the world’s second-biggest mobile market by number of users. The introduction last year of rival Reliance Industries’ new Jio 4G broadband 19

28 May, 2017 11:11 AM RCom Posts Loss Of Rs 966 Crore In Q4, Hit By Price War

Mumbai: Mobile phone network operator Reliance Communications Ltd posted its second straight quarterly loss on Saturday, hit by the price war which has broken out in the world's second-biggest mobile market by number of users. The launch last year of rival Reliance Industries' new Jio 4G broadband service with free voice and data services has forced 24

22 May, 2017 7:14 PM Reliance Jio wants Airtel, Vodafone and Idea penalised for paying less in licence fee

NEW DELHI: Reliance Jio Infocomm has asked the telecom department to levy penalties on — and even terminate the licences of — Bharti Airtel, Vodafone India and Idea Cellular, alleging that the rivals paid around Rs 400 crore less in licence fee to the government than what they should have for the January-March quarter. Jio wrote to the Department of Telecom 22

22 May, 2017 4:50 AM Broadband users reaches 276.52 million: TRAI

According to a new data by Telecom Regulator Authority of India (TRAI), the number of broadband subscribers increased from 261.31 Million at the end of February- 17 to 276.52 million at the end of March-17 with a monthly growth rate of 5.82 percent. The data said that top five service providers constituted 87.48 percent market share of the total broadband 41

22 May, 2017 3:27 AM IPL 2017: MS Dhoni Fans Troll Harsh Goenka, Again, After Rising Pune Supergiant's Loss to Mumbai Indians

Mumbai Indians (MI) pulled off an incredible fightback to register a sensational win and lift the Indian Premier League (IPL) 2017 crown with an absolutely unbelievable one-run win over Rising Pune Supergiant (RPS)in Hyderabad on Sunday. RPS, who dominated the final from the first ball, botched up what appeared to be a modest run chase. Mumbai's bowlers 43

22 May, 2017 2:55 AM Mumbai beat Pune by one run to claim their third IPL crown

Mitchell Johnson’s final over heroics helped Mumbai Indians seal their third Indian Premier League title with a one-run win over Rising Pune Supergiant at the Rajiv Gandhi International Stadium, Hyderabad. If the first-time finalists Rising Pune Supergiants thought they'd boss over the big boys of Mumbai, they were in for a rude shock as Rohit Sharma 25