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11-20 results from 308 for query «rcom»

23 August, 2018 6:11 AM Reliance Communications Sells Rs 2,000 Crore-Assets To Reliance Jio

Reliance Communications said it completed sale of media convergence nodes and related infrastructure assets worth Rs 2,000 crore to Reliance Jio. Reliance Communications Ltd said on Thursday it completed the sale of its media convergence nodes (MCNs) and related infrastructure assets worth Rs 2,000 crore ($285.4 million) to Reliance Jio Infocomm 80

17 August, 2018 2:30 AM Stocks in the news: BEML, Maruti Suzuki, Bank of India, Tech Mahindra, NBCC, TCS, Kotak Mahindra Bank, RCom

BEML | Maruti Suzuki | Bank of India | Tech Mahindra | NBCC | AstraZeneca Pharma | Kotak Mahindra Bank are the stocks which are in news today. BEML: The company flagged off the nation’s first 150T electric dump truck. Maruti Suzuki: The company has hiked car prices by up to Rs 6,100 (ex-showroom Delhi) effective August 16. Bank of India: The lender 174

6 August, 2018 9:46 AM Reliance Communications, Sweden's Ericsson reach $80 million settlement

In May, India`s bankruptcy court admitted a plea by Ericsson seeking insolvency resolution against RCom over unpaid service dues. Reliance Communications Ltd (RCom) said on Monday it had received approval from the Supreme Court to proceed with the sale of its wireless assets to Reliance Jio after it agreed to pay 5.5 billion rupees ($80.06 million) to settle 105

18 July, 2018 2:31 PM RCom reports smaller loss in first quarter

Debt-laden Indian telecoms company Reliance Communications Ltd (RCom) reported a narrower first-quarter loss of Rs 3.42 billion (USD 34 million) on Wednesday, citing lower expenses in terms of access charges and licensing fees. It was the company's seventh straight quarterly loss and compared with a loss of Rs 12.21 billion a year ago. RCom is yet to complete 66

12 July, 2018 1:16 PM RCom alleges DoT of bias for not demanding bank guarantee from Vodafone

Reliance Communications has alleged DoT of adopting discriminatory approach by demanding bank guarantee from the company for one-time spectrum charges, while approving Vodafone-Idea merger without making similar demand, sources said today. In a letter dated July 10, 2018 to telecom secretary Aruna Sundararajan, debt-ridden telecom firm Rcom referred 85

3 July, 2018 2:27 PM Telecom Department Asked To Release RCom's Rs 2,000 Crore Bank Guarantee

The TDSAT order will reduce non-funded exposure of banks by Rs 2,000 crore and help in accelerating RCom's asset monetisation programme. New Delhi: Giving a major relief to Reliance Communications (RCom), the Telecom Dispute Settlement and Appellate Tribunal (TDSAT) on Tuesday directed the Department of Telecommunications (DoT) to release the bank guarantee 61

29 June, 2018 8:33 AM Reliance Communications gains 8% on settlement agreement between Infratel & HSBC

Reliance Communications share price rallied nearly 8 percent intraday on Friday after the final settlement agreement between the tower subsidiary and its minority shareholder HSBC. Reliance Infratel and its minority shareholder HSBC Daisy Investments (Mauritius) today submitted final consent terms of their settlement before NCLAT over sale of tower and fibre 60

29 May, 2018 4:24 PM RCom offers Rs.500 crore to Ericsson, NCLAT for amicable settlement

Swedish telecom gear maker Ericsson is seeking Rs. 11.55 billion ($170.22 million) from RCom and two of its units. Reliance Communications (RCom) has offered ₹500 crore for an out-of-court settlement with Swiss telecom equipment maker Ericsson while its subsidiary Reliance Infratel has reached an amicable settlement with its minority investors led by HSBC Daisy 88

24 May, 2018 4:24 AM Telecom subscriber base again crosses 1.2 bn mark in March

Telecom subscriber base in the country again crossed 1.2 billion mark, with mobile service companies recording a net addition of over 26 million customers in March, according to monthly subscriber report of telecom regulator Trai released. "The number of telephone subscribers in India increased from 1,179.83 million at the end of February 2018 to 1,206.22 million 91

18 May, 2018 3:19 PM RCom, Ericsson in talks outside NCLT

To try resolve issues relating to dues Anil Ambani-run Reliance Communications on Friday said it is in advanced stages of discussions with Ericsson for settling issues related to unpaid dues outside of the insolvency and bankruptcy proceedings. “We confirm that RCom and Ericsson are at an advanced stage of discussions to expeditiously resolve commercial 82