RCOM.BO - Reliance Communications Limited

BSE - BSE Real Time Price. Currency in INR
0.8900
-0.0400 (-4.30%)
At close: 3:42PM IST
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Previous close0.9300
Open0.9200
Bid0.0000 x 0
Ask0.0000 x 0
Day's range0.8900 - 0.9700
52-week range0.5500 - 13.4800
Volume1,865,989
Avg. volume3,887,924
Market cap2.337B
Beta (5Y monthly)0.40
PE ratio (TTM)N/A
EPS (TTM)-140.1960
Earnings date05-Aug-2019 - 07-Aug-2019
Forward dividend & yieldN/A (N/A)
Ex-dividend date14-Aug-2013
1y target estN/A
  • Reliance Communications CEO steps down to focus on U.S. unit's bankruptcy process
    Reuters

    Reliance Communications CEO steps down to focus on U.S. unit's bankruptcy process

    Indian telecom company Reliance Communications Ltd's (RCom) Chief Executive Officer Bill Barney will step down but remain as head of its U.S. unit, Global Cloud Xchange (GCX), as it goes through bankruptcy proceedings, GCX said on Tuesday. GCX, an under-sea cable supplier, expects to complete the liquidation process by the end of the fourth quarter.

  • Reuters

    Indian appellate tribunal allows insolvency case against Reliance Communications to proceed: report

    An Indian appellate tribunal has lifted a stay on insolvency proceedings against business tycoon Anil Ambani's debt-laden Reliance Communications, the Economic Times reported on Tuesday. The decision by the National Company Law Appellate Tribunal (NCLAT) could potentially force Sweden's Ericsson to return 5.5 billion Indian rupees ($79.06 million) in dues and interest that RCom paid the telecoms equipment maker last month. Ericsson dragged RCom to the National Company Law Tribunal last year over unpaid dues from a deal it had signed in 2014 to deliver and operate RCom's network, but the proceedings had been stayed as the two sides negotiated an out of court settlement.

  • Free Press Journal

    RCom withdraws plea against NCLT order on bankruptcy proceedings

    Debt-ridden Reliance Communications (RCom) on Tuesday withdrew its petition challenging an NCLT order that allowed insolvency resolution process against the company.

  • Reuters

    Government says no link between Reliance tax relief in France and Rafale jet deal

    French newspaper Le Monde reported on Saturday that France waived a tax demand of 143.7 million euros on a French subsidiary of Reliance Communications in 2015 when it was negotiating to sell the jets to India. The longstanding tax dispute was resolved between February and October that year, Le Monde said.

  • Free Press Journal

    Withdrawal of plea against insolvency, Supreme Court approached

    Reliance Communications Ltd (RCom) asked the Supreme Court to allow the company to withdraw its application against insolvency.

  • India's RCom jumps after Mukesh Ambani bails out brother Anil on Ericsson dues
    Reuters

    India's RCom jumps after Mukesh Ambani bails out brother Anil on Ericsson dues

    Telecom equipment maker Ericsson received 4.62 billion rupees (50.79 million pounds)from RCom as unpaid dues from a deal it had signed in 2014, a spokeswoman said on Monday. India's richest man Mukesh Ambani, who controls oil-to-telecoms powerhouse Reliance Industries, appears to have offered support to ensure Anil Ambani paid off total dues of 5.5 billion rupees ($80 million) to Ericsson.

  • Reuters

    Reliance Communications jumps after Mukesh Ambani bails out brother Anil on Ericsson dues

    Telecom equipment maker Ericsson received 4.62 billion rupees ($67.42 million) from RCom as unpaid dues from a deal it had signed in 2014, a spokeswoman said on Monday. India's richest man Mukesh Ambani, who controls oil-to-telecoms powerhouse Reliance Industries, appears to have offered support to ensure Anil Ambani paid off total dues of 5.5 billion rupees ($80 million) to Ericsson.

  • Reuters

    Brotherly love at Reliance? India's Mukesh Ambani provides 'support' to brother Anil as debt paid off

    The Ambani brothers, whose public feud over control of the Reliance empire after their father's death in 2002 led to a split in the conglomerate, may have taken a major step to a more harmonious relationship on Monday. India's richest man Mukesh Ambani, who controls oil-to-telecoms powerhouse Reliance Industries that is now worth many times the troubled business group run by his younger brother Anil, appears to have offered some kind of support to ensure Anil paid off a 5.5 billion rupees debt. If Anil didn't pay the debt, then he had been threatened by India's Supreme Court with a prison term.

  • Reuters

    RCom scraps telecom asset sale to Reliance Jio

    Anil Ambani-led Reliance Communications Ltd said on Monday it terminated a deal to sell its telecom assets to Reliance Jio Infocomm, the mobile telecoms firm controlled by Anil's elder brother and Asia's ...

  • Free Press Journal

    Reliance Communications pays Rs 458.77 cr to Ericsson: Sources

    New Delhi: Racing against time to meet the Supreme Court’s deadline, Reliance Communications (RCom) has paid…

  • Free Press Journal

    NCLAT reserves order on Reliance Communications plea

    The National Company Law Appellate Tribunal Wednesday reserved its order on a petition by Reliance Communications which has approached the tribunal seeking the release of income tax refunds to clear dues of Ericsson.

  • Release of income tax refunds: NCLAT reserves order on Reliance Communications plea
    The Indian Express

    Release of income tax refunds: NCLAT reserves order on Reliance Communications plea

    Reliance Communications has been asked by both the Supreme Court and the NCLAT to pay Rs 550 crore to Ericsson.

  • Free Press Journal

    Reliance Communications lenders contend with first right over IT refunds

    Lenders of Reliance Communications (RCom) on Tuesday contended before the NCLAT that they have the first right over Rs 260 crore, which the debt-ridden company has received as the income tax refund.

  • Free Press Journal

    Investors oppose Reliance Communication’s plea to use IT refunds to settle

    Financial creditors of the debt ridden Reliance Communications on Wednesday opposed its plea to release the Income tax refunds to clear dues of Ericsson before the National Company Law Appellate Tribunal (NCLAT).