June 7th, 2017 8:20 PM 2 COMMENTS

RCom Brushes Off the Recent Rating Actions by Fitch and Moody’s

Reliance Communications led by Anil Ambani have rejected all the downgrades made Moody's and Fitch the other day, which resulted in the company's shares go down by 4 percent, making the operator's losses to 38 percent in the last month. RCom urges that the ratings by "Moody's and Fitch apply only to these USD bonds. We respectfully disagree with the recent rating actions by both these agencies and believe that... Read More

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