Reliance Communications Shares

Paytm, India's largest IPO to date, closed 27% below the issue price on listing day. It impacted sentiment in the entire stock market. The flop show should not come as a surprise to you as this is not the first time a high-profile IPO has eroded investors wealth on listing day.

The exemption, however, deals specifically with the shared spectrum used by companies and does not include their original dues

Vodafone Idea Limited which owes more than Rs 50,000 crore in AGR-related dues had sought 15 years to pay its part

AGR Case: The Supreme Court was hearing a batch of petitions seeking staggered payment of dues to the tune of around Rs 92,000 crore to the government by various telecom companies.

On August 14, the top court had sought the details of spectrum sharing pact between RCom and Jio

The bench also asked the Department of Telecom to file the requisite documents in the matter

Reports say that Mr Read has communicated to the Prime Minister Narendra Modi government that it will not provide any more capital in India.

Anil Ambani, 60, is struggling to save the remnants of his telecommunications-to-infrastructure empire from collapse. In June, Reliance Group said it repaid Rs 35,000 crore in the previous 14 months through asset disposals, excluding Reliance Communications.

Anil Ambani's Reliance Group companies surged after Reliance Communications repaid dues to Swedish telecom giant Ericsson a day before a Supreme Court deadline.

Sensex and Nifty edged higher but gains were capped as auto shares like Hero MotoCorp, Maruti Suzuki and Tata Motors came under selling pressure.

The Supreme Court said that Anil Ambani will go to jail for three months if he doesn't pay Rs 450 crore to Ericsson India within four weeks.

Over 12 crore RCom shares changed hands in less than 45 minutes of trade compared to their 30-day average of 6.3 crore. RCom, controlled by Anil Ambani, said on Friday that its lenders had not received any proceeds from asset monetisation plans, and that its overall debt resolution process had not made any progress.

The court in its order directed the telecom department to approve RCom's spectrum trading deal within seven days of the order and told RCom to furnish Rs 1,400 crore worth of corporate guarantee.

Shares of Bharti Airtel plunged 5.99 per cent to Rs 461.45 on BSE. The scrip of Idea Cellular tumbled 6.48 per cent to Rs 92.95 and Reliance Communications (RCom) lost 2 per cent to Rs 28.60.

Shares of Anil Ambani-controlled Reliance Communications surged nearly 35 per cent to Rs 41.77 today after the telecom operator signed an agreement to sell its wireless assets to Reliance Jio Infocomm, the telecom arm of elder brother and billionaire Mukesh Ambani's oil conglomerate Reliance Industries. While the two companies did not disclose the ...

Paytm, India's largest IPO to date, closed 27% below the issue price on listing day. It impacted sentiment in the entire stock market. The flop show should not come as a surprise to you as this is not the first time a high-profile IPO has eroded investors wealth on listing day.

The exemption, however, deals specifically with the shared spectrum used by companies and does not include their original dues

Vodafone Idea Limited which owes more than Rs 50,000 crore in AGR-related dues had sought 15 years to pay its part

AGR Case: The Supreme Court was hearing a batch of petitions seeking staggered payment of dues to the tune of around Rs 92,000 crore to the government by various telecom companies.

On August 14, the top court had sought the details of spectrum sharing pact between RCom and Jio

The bench also asked the Department of Telecom to file the requisite documents in the matter

Reports say that Mr Read has communicated to the Prime Minister Narendra Modi government that it will not provide any more capital in India.

Anil Ambani, 60, is struggling to save the remnants of his telecommunications-to-infrastructure empire from collapse. In June, Reliance Group said it repaid Rs 35,000 crore in the previous 14 months through asset disposals, excluding Reliance Communications.

Anil Ambani's Reliance Group companies surged after Reliance Communications repaid dues to Swedish telecom giant Ericsson a day before a Supreme Court deadline.

Sensex and Nifty edged higher but gains were capped as auto shares like Hero MotoCorp, Maruti Suzuki and Tata Motors came under selling pressure.

The Supreme Court said that Anil Ambani will go to jail for three months if he doesn't pay Rs 450 crore to Ericsson India within four weeks.

Over 12 crore RCom shares changed hands in less than 45 minutes of trade compared to their 30-day average of 6.3 crore. RCom, controlled by Anil Ambani, said on Friday that its lenders had not received any proceeds from asset monetisation plans, and that its overall debt resolution process had not made any progress.

The court in its order directed the telecom department to approve RCom's spectrum trading deal within seven days of the order and told RCom to furnish Rs 1,400 crore worth of corporate guarantee.

Shares of Bharti Airtel plunged 5.99 per cent to Rs 461.45 on BSE. The scrip of Idea Cellular tumbled 6.48 per cent to Rs 92.95 and Reliance Communications (RCom) lost 2 per cent to Rs 28.60.

Shares of Anil Ambani-controlled Reliance Communications surged nearly 35 per cent to Rs 41.77 today after the telecom operator signed an agreement to sell its wireless assets to Reliance Jio Infocomm, the telecom arm of elder brother and billionaire Mukesh Ambani's oil conglomerate Reliance Industries. While the two companies did not disclose the ...