RCom Aircel

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15d
The Economic Times
RCom debt may translate into 50% haircut for banks: Goldman Sachsthe Anil Ambani-led telco looking to cut its . 47,000-crore plus debt via alter
The Economic Times / Posted 15 days ago
the Anil Ambani-led telco looking to cut its . 47,000-crore plus debt via alternate ` asset sales after its merger with Aircel was scrapped. The US brokerage, however, said the Indian banking system is unlikely to be derailed by stress in the... Read more
18d
The Economic Times
Reliance Communications withdraws tower demerger scheme from NCLTMUMBAI: Reliance Communications (Rcom) has withdrawn from the National Company
The Economic Times / Posted 18 days ago
MUMBAI: Reliance Communications (Rcom) has withdrawn from the National Company Law Tribunal (NCLT) a scheme to demerge its towers into a separate company which was a precursor to the tower unit stake sale to Canada’s Brookfield, and said it will file... Read more
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18d
The Economic Times
As telecom sector reels, need for government to step indown 10 per cent to under Rs 10,000 crore. With its proposed merger being call
The Economic Times / Posted 18 days ago
down 10 per cent to under Rs 10,000 crore. With its proposed merger being called off due to regulatory and legal hurdles, Aircel will find itself hard put to pay off its debts. RCom, meanwhile, has in its communications spoken of a revised plan to... Read more
41 related articles
19d
The Economic Times
High debt to limit Reliance Communications' ability to renew spectrum: CLSA"High leverage will limit RCom's ability to buyback spectrum in auctions in 202
The Economic Times / Posted 19 days ago
"High leverage will limit RCom's ability to buyback spectrum in auctions in 2021. This could drive a sharp drop in its 2G revenue coverage and potentially hit revenue," the brokerage firm said in a report. RCom and Aircel had signed binding... Read more
41 related articles
19d
The Economic Times
RCom fate hangs in balance; stock tanks 9% post Aircel deal collapseThe sudden collapse of the RCom-Aircel deal has raised concerns yet again on th
The Economic Times / Posted 19 days ago
The sudden collapse of the RCom-Aircel deal has raised concerns yet again on the long-term survival of Anil Ambani's telecom business, even as the group's other arms continue to reel under massive debt burden. Ashwin Mohan joins-in with more... Read more
19d
The Economic Times
RCom's debt-repayment plan hits snag as Aircel deal collapsesWidely known as RCom and controlled by wealthy businessman Anil Ambani, the com
The Economic Times / Posted 19 days ago
Widely known as RCom and controlled by wealthy businessman Anil Ambani, the company is saddled with net debt of about $6.8 billion. It has earned a temporary reprieve from its banks, who have agreed to a standstill on its debt obligations as part of... Read more
41 related articles
19d
The Economic Times
Modi government weighing options to help weak telcos exit smoothlymergers and acquisition rules, top officials said, a day after the proposed mer
The Economic Times / Posted 19 days ago
mergers and acquisition rules, top officials said, a day after the proposed merger between Reliance Communications and Aircel fell through due to legal and regulatory uncertainties. A senior official at the ministry said that the solutions for... Read more
41 related articles
20d
asianage
Debt-saddled RCom's repayment plan hits snag as Aircel deal collapsesReliance Communications is reassessing debt repayment options after a deal to m
asianage / Posted 20 days ago
Reliance Communications is reassessing debt repayment options after a deal to merge its wireless arm with smaller rival Aircel was scrapped, dealing a fresh blow to the embattled Indian telecoms company. Widely known as RCom and controlled by... Read more
41 related articles
20d
The Economic Times
India unveils third National Wildlife Action Plan for 2017-2031for reducing GST slabs, hints FM Arun Jaitley Government should help resolve h
The Economic Times / Posted 20 days ago
for reducing GST slabs, hints FM Arun Jaitley Government should help resolve hyper-competition, debt issues after RCom-Aircel deal collapse: Experts Government should relax fiscal deficit targets, boost expenditure: Assocham More reforms... Read more

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