December 26th, 2017 7:12 PM 1 COMMENTS

RCom Exits SDR Framework; Says Asset Monetisation to Reduce Debt by 85%

Reliance Communications (RCom)said that it has exited Reserve Bank of India’s strategic debt restructuring (SDR) framework with zero equity conversion and zero loan write-offs for lenders and bondholders, and it is along with its lenders is now monetising valuable assets which will help it to reduce debt to Rs 6000 crore or 85% of the total debt. "I am delighted with the comprehensive resolution for the benefit of all stakeholders... Read More

June 14th, 2017 6:16 PM 26 COMMENTS

Anil Ambani to Draw No Salary or Commision from Reliance Communications in Current Financial Year

Reliance Communications (RCom) has been under immense pressure due to ongoing events in the Indian telecom sector. The telecom operator led by Anil Ambani is not able to match the current low-cost tariffs scenario created by Reliance Jio in the market, followed by the India's top three telecom operators and state-run operator BSNL. The new development in the company is that the Chairman of... Read More

Recent Comments

Sahil Shah :

I would be in minority to have used single SIM only most of the times. I have bought 2nd SIM…

Tariff Hikes Unable to Put a Dent on Dual SIM…

as1 :

if there is no 5g coverage then how in status bar its 5g written.

Satellite Internet Key for Rural India, Says DoT Official: Report

Khan Yunus :

Even my village (population 2000 approx) airtel launched 5G here this Sunday my district bhind Madhya Pradesh

Airtel Added 2367 Towers in Gujarat Between Dec 2022 -…

Shivraj Roy :

Focuses on affordability by increasing tariffs every year lol

Jio Focuses on Affordability with Ongoing Short-Term Data-Only Plan

Shree :

There is no confusion in secondary, it can only be Jio or BSNL, as Jio has free incoming call /…

Airtel Added 2367 Towers in Gujarat Between Dec 2022 -…

Load More
Enable Notifications OK No thanks