PRESS RELEASES. Get all the latest news and updates on Reliance Communications only on News18.com. Now, RCom will be handled by NCLT professionals to bring an insolvency resolution. Now, RCom will be handled by NCLT professionals to bring an insolvency resolution. Reliance Communications Limited (popularly, R.Comm) was an Indian mobile network provider headquartered in Navi Mumbai that offered voice and 2G and 3G data services. MUMBAI: UV Asset Resolution Co Ltd (UVARCL) and Reliance Jio Infocomm (Jio) are set to be declared the preferred bidders for Reliance Communications’ assets after lenders overwhelmingly voted in favour of the resolution plans submitted by these companies, people familiar with the voting which was completed late on Wednesday evening said. Reliance Communications News: This is the News-site for the company Reliance Communications on Markets Insider IANS. All rights reserved.For reprint rights. Reliance Infrastructure has decisively crossed the 200-day moving average (DMA), as per the daily chart. RCOM’s World-Class Mumbai Data Center Facility Receives Additional Endorsement March 12, 2019; RCOM & GCX wins award for Most Effective Recruitment Campaign at the HR Talent Management Leadership Awards February 16, 2019; RCOM & GCX Announce Strategic Transformation Plans Across India & Emerging Markets September 26, 2018 At around 1314 hours, share price of RCom has plunged by a whopping 32.93% or Rs 3.82, trading at Rs 7.78 per piece on BSE. On a plea by Anil Ambani's Reliance Communication Ltd (RComm) and Reliance Telecom Ltd (RTL) against the declaration of their accounts in the … Rcom has closed its telecommunications business in 2019 and filed for bankruptcy. Dec 31, 2018, 18:00 PM IST Reliance Communications’ committee of creditors (CoC) will hold a meeting on Wednesday, the company said in a... SC rejects Government's plea … Reliance Communications Ltd., incorporated in the year 2004, is a Small Cap company (having a market cap of Rs 566.93 Crore) operating in Telecommunications sector. Get Reliance Communications latest news, breaking news, videos, photos, special reports, trends, top news, opinions on Reliance Communications at Business Standard Reliance Communications NSE -4.65 % (RCom) has terminated its asset sale plan with Reliance Jio Infocomm (Jio), blaming lack of consent from its lenders and permissions from telecom department for the deal fall out among other reasons. Reliance Communications Limited (popularly, RCOM) was an Indian mobile network provider headquartered in Navi Mumbai that offered voice and 2G and 3G data services. The National Company Law Tribunal (NCLT) will take up the resolution plan of Reliance Communications and Reliance Telecom Infrastructure Ltd (RTIL) on August 19. Synopsis According to legal sources, the telecom regulator has filed an application for RCom and Reliance Telecom seeking that provision be made in resolution plan that post paid subscribers get back their unspent money and deposits. Delhi HC issues notices to SBI, others in Anil Ambani personal guarantee case Explore Reliance Communication photos, videos, खबरें और समाचार on India.com Reliance Communications Ltd (RCom), controlled by tycoon Anil Ambani, will partner with Reliance Industries Ltd`s telecom subsidiary to … Read full articles, watch videos, browse thousands of titles and more on the "Reliance Communications" topic with Google News. Troubles started for RCom as it. The … A unit of Reliance Communications Ltd., Anil Ambani’s distressed telecom firm, has filed for bankruptcy protection. ETtech.com brings latest reliance communications news, views and updates from all top sources for the Indian Technology industry. Reliance Communications announced that Pantel Technologies, which sells the Penta brand of tablets in India, has purchased its Big TV DTH service. Reliance Communication Latest breaking news, pictures, photos and Video News. This March, Reliance Industries had to go back on its plans to buy Reliance Communications due to the many legal and other hurdles created by the by Telecom Ministry and the younger Ambani's lenders. Reliance Communications, often stylised as RCom, is an Indian telecommunications company founded by Indian business tycoon Shri Dhirubhai H Ambani.The company is … Offering enterprise solutions riding on an integrated global telecommunications network and world-class data centers, Reliance Communications (RCOM) empowers … Sep 30, 2015, 15:46 PM IST RCOM’s World-Class Mumbai Data Center Facility Receives Additional Endorsement March 12, 2019; RCOM & GCX wins award for Most Effective Recruitment Campaign at the HR Talent Management Leadership Awards February 16, 2019; RCOM & GCX Announce Strategic Transformation Plans Across India & Emerging Markets September 26, 2018 Reliance Jio is owned by Mukesh Ambani, the elder brother of RCom owner Anil Ambani. Get latest Reliance Communication News in Hindi, updates and stories. Reliance Communications to partner Reliance Jio in 4G services . Find Reliance Communication news headlines, photos, videos, comments, blog posts and opinion at The Indian Express. Reliance Communications Ltd (RCom), controlled by tycoon Anil Ambani, will partner with Reliance Industries Ltd`s telecom subsidiary to launch fourth-generation (4G) mobile phone services by year-end, the company`s chairman said on Wednesday. Reliance Communication Latest breaking news, pictures, photos and Video News. ETTelecom.com brings latest reliance communication news, views and updates from all top sources for the Indian Telecom industry. Mumbai: Billionaire Anil Ambani Tuesday announced that the cash-strapped Reliance Communications will be completely exiting the telecom business to concentrate on real estate in future. The approval was almost unanimous with a … Reliance Communications (RCom) plunged by more than half to its record low in early trade on Monday, after the company said it will seek a fast-track resolution through a … According to people familiar with the matter, the delay is because of “last minute paper work” at DoT. Experts & Broker view on Reliance Communications Ltd. buy sell tips. Non compete waived, allowing Jio to enter, Merger falls apart and voice servcices discontinued, The rise and fall of Anil Ambani’s Reliance Communications, CESC Ventures picks 8.49% stake in tech firm. Anil Ambani has taken all possible measures for repayment of Reliance Communications Rs 46,000 crore debt. At around 1314 hours, share price of RCom has plunged by a whopping 32.93% or … The National Company Law Tribunal (NCLT) will take up the resolution plan of Reliance Communications and Reliance Telecom Infrastructure Ltd (RTIL) on August 19. RCom initially debuted as Reliance Infocomm offering free unlimited incoming calls along with a free mobile phone in 2002. Read Politics news, current affairs and news headlines online on Reliance Communications News … Get Reliance Communications Ltd (RCOM-IN:National Stock Exchange of India) real-time stock quotes, news and financial information from CNBC. MUMBAI: The Department of Telecommunication is likely to give its nod to Reliance Communications' spectrum sale to Reliance Jio on Tuesday, a day later than the timeline it had committed to the Supreme Court last week. What charts say, MCA defends IBC provision on personal insolvency in Anil Ambani case, SC rejects SBI plea to vacate stay on invoking Anil Ambani's personal guarantees, Delhi HC stays insolvency resolution proceedings against Anil Ambani, RBI's order could spell trouble for ARC-owning PE funds, say experts, AGR case: Supreme Court puts spectrum users in the dock on IBC firms' dues, AGR case: Supreme Court fears bankruptcy proceedings may consume dues, AGR case: Liquidation the only option without spectrum sale, RCom tells SC, Reliance Communications' resolution in limbo as DoT raises objection, AGR case: Telecom companies can use spectrum but not own it, says SC, AGR case: SC seeks details of spectrum sharing between RCom, Reliance Jio, SC asks Centre to prepare plan for recovering AGR dues from bankrupt telcos, Birla Tyres to RCom, low-denomination stocks hit top gear on Dalal Street, How Reliance Jio's Google deal in India threatens Chinese mobile market, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email). ETTelecom August 05, 2020, 12:58 IST Business RCom heads for insolvency The Anil Ambani-promoted firm had moved the application to withdraw its challenge to the insolvency order after the Board of the company on February 1 decided that it would file for insolvency as … Senior advocate Harish Salve, who represents RCom and its committee of creditors, said it will be forced to go into liquidation if spectrum sale not a... 1.00 am | 20 Aug 2020 | Business Standard, Plan approved by lenders leaves nothing for dept; NCLT adjourns hearing, 10.12 pm | 19 Aug 2020 | Business Standard, Jio tells court it has paid Rs 195 crore dues, 7.54 pm | 14 Aug 2020 | Press Trust of India, Spectrum is a government property, not private, and anyone using it is liable to pay the dues, the apex court said, 11.13 pm | 10 Aug 2020 | Business Standard, Justice Arun Mishra said: "We want to go into the cause for initiation of insolvency against telcos under the IBC. 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