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Reliance Communications Ltd (RLCM.NS)

RLCM.NS on National Stock Exchange of India

25.75INR
26 May 2017
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Sat, May 27 2017

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Reliance Communications hit by Indian mobile price war

MUMBAI Indian mobile phone network operator Reliance Communications Ltd posted its second straight quarterly loss on Saturday, hit by the price war which has broken out in the world's second-biggest mobile market by number of users.

Reliance Communications hit by Indian mobile price war

MUMBAI, May 27 Indian mobile phone network operator Reliance Communications Ltd posted its second straight quarterly loss on Saturday, hit by the price war which has broken out in the world's second-biggest mobile market by number of users.

BRIEF-India's Sun Pharma says expects to launch psoriasis drug next year

* MD Dilip Shanghvi says needs to execute U.S. business better

Debt concerns pile pressure on shares in India's Reliance Communications

MUMBAI Shares in Indian telco Reliance Communications fell nearly 10 percent on Wednesday after a sell-off in its bonds, sparked by concerns that the debt-laden firm may be unable to repay its lenders amid intense competition in the sector.

BRIEF-Reliance Communications makes payment on 6.5 pct senior secured notes

* Says half yearly interest payment on 6.5% senior secured notes issued by co paid on time and on due date on 8 may Source text for Eikon: Further company coverage:

BRIEF-Reliance Communications says unit Reliance Infratel gets shareholders' approval for tower business demerger

* Reliance Infratel gets its shareholders' approval with 98% majority for demerger of tower business to Brookfield Infrastructure Group

BRIEF-Reliance Communications gets members' nod for demerger of wireless business into Aircel

* Says Reliance Communications receives its shareholders' approval with 99.99 pct majority for the demerger of wireless business into Aircel Limited

BRIEF-Reliance Communications gets competition commission approval for proposed demerger of wireless business

* Reliance communications receives competition commission approval for proposed demerger of wireless business into Aircel

BRIEF-Reliance Communications gets stock exchange, SEBI nod for demerger of wireless business into Aircel

* Says Reliance Communications receives stock exchange and SEBI approvals for proposed demerger of wireless business into Aircel Ltd

BRIEF-Reliance Communications says no merger talks have occurred with Tata Teleservices

* Reliance Communications clarifies on news item, "Tata Tele in early talks to join RCom Aircel MTS combine".

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