anil ambani


RCom skips payment of debentures worth Rs 375 crore

Feb 09 2018

Debt-ridden telecom firm Reliance Communications has skipped payment of debentures worth Rs 375 crore which was due on February 7.

Trai slams RCom for refusing to refund consumers' balance

Feb 06 2018

Trai slammed RCom for "usurping" unspent pre- paid balances and security deposit of its mobile customers after operations were shut down, calling it "unethical".

Fitch downgrades ratings on RCom arm Global Cloud Xchange

Jan 30 2018

Fitch downgraded Global Cloud Xchange (GCX), citing a variety of factors, including the woes of its parent Anil Ambani-led Reliance Communications (RCom).

RCom shares jump over 19 percent after Q3 earnings

Jan 30 2018

Reliance Comm soared over 19% after the company reported narrowing of consolidated loss to Rs 130 cr for the quarter ended Dec 2017.

Trai directs RCom to refund unspent money of mobile customers

Jan 19 2018

Following complaints from RCom customers, telecom regulator Trai directed the company to refund unspent balance and security deposit of its customers.

Reliance Communications to build $600-mn submarine cable

Jan 16 2018

Reliance Comm is laying a 68,000-km undersea cable to carry data across Europe and Asia, to be built at a cost of $600 mn.

'New' RCOM to be India's largest B2B business: Anil Ambani

Jan 04 2018

"New RCOM will be stronger and be India's largest B2B business. It is capex light and we are very conservatively structured," Ambani said.

RCom purchase not to impact RIL credit ratings: Moody's

Dec 29 2017

Moody's said RIL credit rating will not be affected following the acquisition of mobile telephony assets of RCom which will happen at less than Rs 25,000 crore.

RCom's dream run continues; shares soar 17 percent

Dec 29 2017

Shares of RCom continued their rally for the fourth straight session, ending 17 percent higher after Mukesh Ambani stepped in to bail out the debt-ridden firm.

RCom-RJio deal protects lenders' interest: SBI chief

Dec 29 2017

Rajnish Kumar said the telecom deal involving acquisition of wireless assets of RCom by RJio is a "good and welcome development" that fully protects lenders' interest.

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Stocks In News



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Jan Domestic Air Passenger Traffic At 1.15 Cr, Up 19.7% YoY

Air India Jan Passenger Load Factor At 84.6% vs 81.8% MoM

Jet Airways Jan Passenger Load Factor At 88.7% vs 88.5% MoM

IndiGo Jan Passenger Load Factor At 89.7% vs 90.8% MoM

SpiceJet Jan Passenger Load Factor At 95.0% vs 95.6% MoM

Air India Jan Market Share At 13.3% vs 13.1% MoM

Jet Airways Jan Market Share At 14.3% vs 14.6% MoM

IndiGo Jan Market Share At 39.7% vs 39.4% MoM

SpiceJet Jan Market Share At 12.6% vs 12.7% MoM

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