Reliance Communications: News

12 Feb 2020

Narendra Modi

Vijay Mallya, Nirav Modi, Anil Ambani may lose these assets

In a bid to recover debt from Indian tycoon owners of bankrupt companies, creditors are now looking at their personal possessions.

19 Jun 2019

Reliance Group

Once 6th richest man, Anil Ambani isn't a billionaire now

Anil Ambani, the chairman of Reliance Communications, may have fallen out of the billionaire club.

SC to Anil Ambani: Pay dues or go to prison

On Wednesday, the Supreme Court, while hearing Ericsson's case against Anil Ambani-led Reliance Communications for non-clearance of dues, found Ambani guilty of contempt.

13 Feb 2019

Anil Ambani

Dichotomy of Kapil Sibal: Attacks Ambani outside court, defends inside

Senior Congress leader Kapil Sibal changed gears on Tuesday as he defended and attacked businessman Anil Ambani just minutes apart, prompting BJP to slam him.

SC to hear Ericsson's plea against Anil Ambani tomorrow

The Supreme Court today adjourned for tomorrow the hearing on a contempt notice issued to Reliance Communication Ltd (RCom) Chairman Anil Dhirubhai Ambani and others on a plea filed by Ericsson India for allegedly not clearing its dues of Rs. 550 crore.

21 Jan 2019

India

EVMs are foolproof, says EC; rejects 2014 polls #EVMHacking claims

The Election Commission of India today maintained that Electronic Voting Machines (EVMs) used in India are foolproof and cannot be tampered with.

18 Sep 2018

Mukesh Ambani

Reliance Communications to exit telecom to focus on real estate

Billionaire Anil Ambani today announced that the cash-strapped Reliance Communications will be completely exiting the telecom business to concentrate on real estate in future.

28 Dec 2017

Mukesh Ambani

Mukesh Ambani's Reliance Jio buying brother Anil's RCom wireless assets

As expected, Mukesh Ambani's Reliance Jio is taking over the wireless assets of his brother Anil's Reliance Communications, which is burdened with a massive Rs. 45,000cr-debt.

27 Dec 2017

Reliance Jio

RCom to exit SDR, reduce debt by Rs. 39,000cr: Ambani

Anil Ambani-owned Reliance Communications has announced it would exit the ongoing Strategic Debt Restructuring (SDR) scheme of its lenders by selling its Rs. 25,000cr-worth telecom assets, including towers, spectrum and optical fiber by Mar'18.

21 Dec 2017

Gitanjali Gems

Mahesh Bhupathi, Lara Dutta take Gitanjali Gems to insolvency

Mahesh Bhupathi and Lara Dutta, brand ambassadors of Gitanjali Gems, have taken the company to insolvency as operational creditors.

28 Nov 2017

Bombay High Court

More trouble for RCom: China Development Bank files insolvency case

There's more trouble brewing for Anil Ambani's debt-ridden Reliance Communications as China Development Bank (CDB) filed an insolvency case against it.

25 Oct 2017

India

Reliance Communications to shut down 2G operations, cut several jobs

The Anil Ambani-owned Reliance Communications has reportedly decided to shut down its 2G mobile services within a month and terminate thousands of employees by 30 November.

02 Oct 2017

Idea Cellular

RCom cancels merger with Aircel, says it was mutual

Due to the disruption caused by Jio in the already financially strained telecom sector, some players decided to merge in order to survive.

31 Aug 2017

Bharti Airtel

Telcos are violating net neutrality, say content creators

Content firms have said that the demand for a revenue-sharing model by the telcos like Airtel, Telenor and Reliance Communications, was "unfair and unreasonable" and went against the foundations of net neutrality.

01 Aug 2017

Reliance Jio

Jio effect: RCom offers dongle+1GB/day+SIM at Rs. 5,199!

Jio has unleashed a bloodbath in the industry. In the latest offer in the market, Reliance Communications is selling a 4G SIM card plus a Wi-Pod dongle plus a whopping 1GB data per day for a year, all at Rs. 5,199.

06 Jul 2017

India

Top brands Amazon, Vodafone, Jio under fire for misleading ads

Among the 199 complaints received from consumers by Advertising Standard Council of India (ASCI) against companies showcasing misleading ads, as many as 130 advertisements have been upheld.

20 Jun 2017

India

Reliance Communications looks to sell 133 acre IT park

Anil Ambani-led Reliance Communications Limited is looking to snag buyers or jointly develop the massive 133 acre Dhirubai Ambani Knowledge centre (DAKC), reports said.

15 Jun 2017

India

How expensive are Reliance Jio "free" services?

There will be a general consensus if one says that the history of Indian telecom can now be broken down into two very distinct time frames, one that was before Jio and the other after Jio.

30 May 2017

Mukesh Ambani

RCom is hurting and it's not only the debt burden

This could have been the premise of a Bollywood potboiler but it isn't.

24 Dec 2016

India

RCom-Brookfield deal: Investors see no upside

Reliance Communication's deal with asset management group Brookfield Infrastructure to sell its tower business hardly excited any investors.

23 Sep 2016

Foreign Investment

Telenor and Tikona in discussions to merge

Norwegian company, Telenor is in discussions with Tikona Digital to merge their broadband spectrum business.

19 Sep 2016

Tamil Nadu

What made news last week?

The Cauvery-water dispute turned violent, leading to clashes in Tamil Nadu and Karnataka.