|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||27.65 - 29.00|
|52 Week Range||26.55 - 36.15|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
REUTERS - Debt-laden Reliance Communications Ltd (RLCM.NS) said on Friday its shareholders approved its asset sale plan, under which the telecoms carrier would sell its wireless assets to Reliance Jio ...
REUTERS - Debt-laden telecoms carrier Reliance Communications Ltd (RLCM.NS) will hold a meeting of its bondholders on March 6 to seek approvals for asset-sale plans, the company said in a regulatory filing ...
RCom, controlled by businessman Anil Ambani and once India's second-biggest phone carrier, has faced a string of bankruptcy proceedings in recent months over unpaid dues. To raise funds and help repay what it owes, RCom announced plans to sell most of its wireless assets to another carrier Reliance Jio Infocomm Ltd owned by Mukesh Ambani - India's richest person and Anil Ambani's older brother.
India's Reliance Communications Ltd outlined on Tuesday a plan to cut its debt by 390 billion rupees ($6.09 billion) underpinned by the sale of assets for which some non-binding offers had already been made. Reliance Communications (RCom) said on Tuesday it would involve no write-offs to lenders or bondholders, nor conversion of debt to equity. The firm will exit the "strategic debt restructuring" process that allows lenders to conduct takeovers by swapping loans for equity, Anil Ambani, the businessman backing the company, told a news conference on Tuesday.
REUTERS - Telecom operator Reliance Communications Ltd (RCom) said on Monday it signed an agreement to sell its non-core Direct-to-Home business, in a bid to reduce debt load. Veecon Media & Television ...