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51-60 results from 308 for query «rcom»

8 August, 2017 3:10 PM Telcos failed to meet consumer satisfaction level: Trai survey

Telecom operators failed to meet customer satisfaction benchmark, as per a survey conducted by the sector regulator Trai across three circles — Delhi, Madhya Pradesh and Karnataka. A majority of customers in these circles are dissatisfied by efforts of telecom operators to address the call drop issue and other major counts such as network signal, data speed 51

14 July, 2017 3:59 PM Reliance Jio beats Airtel, Vodafone, Idea in wireless broadband service

TRAI report revealed Reliance Jio is ahead of Airtel, Vodafone, Idea and BSNL in terms of subscription. Reliance Jio's growth in telecom industry has been phenomenal, thanks to its disruptive strategy of free unlimited 4G data to its subscribers for three months as an introductory offer. It is now the top wireless broadband service provider in India 88

14 June, 2017 12:41 PM Anil Ambani not to draw RCom Chairman's salary in 2017-18

Mumbai: Telecom major Reliance Communications (RCom) Chairman Anil Ambani has voluntarily decided to forego his salary and commission from the company during the current financial year as part of its "strategic transformation programme", RCom announced on Wednesday. "Reliance Group Chairman Anil D. Ambani voluntarily decides to draw no salary or commission 114

14 June, 2017 9:16 AM Anil Ambani will not be drawing salary or commission from RCom in FY18

Reliance Communications' Chairman Anil Ambani will not be drawing salary or commission from Reliance Communications (RCom) for this fiscal year, reports CNBC-TV18. Reliance Communications' Chairman Anil Ambani will not be drawing salary or commission from Reliance Communications (RCom)Â for this fiscal year, reports CNBC-TV18. According to CNBC-TV 99

2 June, 2017 7:08 PM Banks give Reliance Communications seven month window to escape debt trap

MUMBAI: Reliance Communications got a seven-month respite on all its debt from bankers, bringing relief to a company that's been wracked by rating downgrades, its first annual loss and a plunging stock price. The joint lenders' forum (JLF) has allowed RCom a "standstill" for the period, during which the company won't need to service loans nor will it accrue 124

2 June, 2017 7:08 PM Anil Ambani's Reliance Communications Gets 7 Months To Repay Debt

Mr. Ambani (57) explained that the company is expeditiously closing the already announced strategic transactions with Aircel and Brookfield, to immediately reduce debt from ₹ 45,000 crore to approximately ₹ 20,000 crore; which is a reduction of 60 per cent or Rs. 25,000 crore. In a relief, the company has been given seven months from lenders both domestic 152

2 June, 2017 4:49 PM Lenders give RCom 7 months to service debt

Anil Ambani says firm will repay 60% of debt by September, ahead of deadline given by banks’ consortium The debt-laden Reliance Communications received a breather as lenders agreed to a debt restructuring plan under which the firm will get a ‘standstill’ period of seven months to sell assets and repay debt totalling ₹45,000 crore. In a media conference 62

2 June, 2017 1:30 PM Bankers okay SDR for Reliance Communications

MUMBAI: A joint lenders forum (JLF) meeting to decide on the future course of action on Reliance Communication has decided to convert a part of the company’s debt to equity even as they await the completion of the company’s deal to sell its tower assets to Brookfield Infrastructure. "At the meeting today the decision was taken to invoke SDR (Strategic 108

2 June, 2017 12:07 PM Bankers to restructure RCom debt under SDR

Bankers to Reliance Communications (RCom) have given an in-principle approval to rejig its debt under strategic debt restructuring (SDR) plan. A consortium of 22 lenders met in Mumbai in an urgent meeting on Friday to discuss the future course of action after one third of the Reliance Communications (RCom)'s gross debt of Rs 47,332 crore was downgraded 93

1 June, 2017 12:10 PM Franklin Templeton MF's fixed income investors worried over Rcom's downgrade

Bonds are of about six-month maturities offering 12.3 percent and collateralised by group company shares from Reliance Communications, Reliance Capital and Reliance Infrastructure. Franklin Templeton Mutual Fund's investors who had invested in fixed income schemes are worried that the collapse of Reliance Communications’ share price and a likely default 87