The National Company Law Appellate Tribunal reserved its order on a petition by Reliance Communications which has approached the tribunal seeking the ...
Supreme Court Directs Anil Ambani To Pay Rs 453Cr to Ericsson Within a Month
The Supreme Court verdict came as a setback to Anil Ambani, the apex court also pulled up the industrialist for his “cavalier attitude” demonstrated t...
RCom’s Reliance Reality To Develop Smart Fintech Centre
Reliance Realty, a wholly-owned subsidiary of Reliance Communications (RCom), would develop Maharastra’s first and largest Smart Fintech Centre ...
Anil Ambani’s RCom to File Insolvency After Failing to Repay Debt
RCom even failed to sell spectrum to Mukesh Ambani's Reliance Jio, a deal that was expected to bring some relief to the cash-strapped company. "RCom b...
Anil Ambani’s RCom Gets Attention from Potential Investors & Buyers
The company, which exited the flagship wireless businesses due to financial pressures and is also selling its spectrum, is looking to sell off the ent...
RCom Reinstated Bank Guarantees of Rs 774 Cr with Telecom Dept
"RCom and its subsidiary Reliance Telecom Limited have today reinstated bank guarantees aggregating Rs 774 crore with the Department of Telecommunicat...
Anil Ambani’s RCom Awarded by Frost & Sullivan
Reliance Communications (RCOM) has again won the prestigious Frost & Sullivan award for its pioneering SIP Trunking Service in the ‘New Prod...
Reliance Communications’ Consumer Base Registered Sharp Decline
By shifting the business model from B2C to B2B, the company has lost the subscriber base significantly. “RCom now serves only 35,300 customers worldwi...
RCom Approve Asset Sale Plan
RCom said its debt and liabilities would reduce by about 250 billion rupees ($3.91 billion) via debt prepayment and transfer of its wireless assets to...
