|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||0.9000 - 1.0000|
|52-week range||0.5000 - 13.5000|
|Beta (5Y monthly)||0.40|
|PE ratio (TTM)||N/A|
|Earnings date||21-Jan-2020 - 25-Jan-2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||17.00|
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.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! If you're interested in Reliance Communications Limited (NSE:RCOM), then you might want to consider i...
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.
Debt-ridden Reliance Communications (RCom) on Tuesday withdrew its petition challenging an NCLT order that allowed insolvency resolution process against the company.
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.
Reliance Communications Ltd (RCom) asked the Supreme Court to allow the company to withdraw its application against insolvency.
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.
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.
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.
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 ...
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.
Reliance Communications has been asked by both the Supreme Court and the NCLAT to pay Rs 550 crore to Ericsson.
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.