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61-70 results from 308 for query «rcom»

30 May, 2017 6:07 PM Moody's investors service and rating firms downgrades Reliance Communications

Kolkata: Moody’s Investors Service and local ratings firms ICRA and CARE downgraded Reliance Communications on Tuesday, a day when the telecom operator’s shares hit an all-time low as concerns grew over its mountain of debt. Moody’s cut RCom’s debt ratings to Caa1 from B2, suggesting very high risk of default, and said those were on review for further 63

30 May, 2017 4:42 PM Agencies cut Reliance Communications debt ratings again

Kolkata: Moody’s Investors Service and local ratings firms ICRA and CARE downgraded Reliance Communications on Tuesday, a day when the telecom operator’s shares hit an all-time low as concerns grew over its mountain of debt. Moody’s cut RCom’s debt ratings to Caa1 from B2, suggesting very high risk of default, and said those were on review for further 121

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 132

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 42

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 29

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 61

2 May, 2017 3:03 PM Rel Infra tower unit sale okayed

The shareholders of Reliance Infratel Ltd. (RITL), a subsidiary of Reliance Communications Ltd. (RCom), have approved the demerger of the tower division of RITL into Brookfield Infrastructure Group. Rapid Holdings 2 Pte. Ltd.,part of the Brookfield group, will acquire 100% of the demerged entity Towercom Infrastructurecreating the second-largest independent 50

3 April, 2017 7:29 PM With 83mn customers, Jio set to break even on EBITDA

KOLKATA: Reliance Jio Infocomm is likely to break even at the Ebitda (earnings before interest, taxes, depreciation & amortisation) level by FY18 with at least 83 million customers generating an ARPU (average revenue per user) of Rs 246 per month, analysts and experts said, enthused by the 4G newcomer’s strong 60% customer conversion to paid services 160

29 March, 2017 3:54 PM Reliance Jio converts 50 million subscribers to Prime members

In an analyst presentation made early March, Reliance Jio said it expects to gain over 50 per cent of revenue market share based on huge expected data demand and growth in the next three-four years. Mumbai: Reliance Jio Infocomm has so far converted at least 50 million subscribers to become Prime members, a company executive said. This means almost half of the 100 million-plus 34

23 March, 2017 3:58 PM CCI okays sale of Reliance Infra tower unit to Brookfield

RCom had said it will utilise the sale proceeds entirely to reduce debt. Competition watchdog Competition Commission of India (CCI) has approved the Rs. 11,000 crore proposed transaction involving the sale of the tower division of Reliance Infratel Limited, a subsidiary of Reliance Communications Ltd (RCom) to Brookfield Infrastructure Group. The Anil Ambani-led 128