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Reliance Communications Ltd (RLCM.NS)

RLCM.NS on National Stock Exchange of India

52.60INR
29 Jul 2016
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Mon, May 30 2016

India's Reliance Communications Q4 net profit falls 22 pct

MUMBAI, May 30 India's Reliance Communications Ltd on Monday posted a 22 percent fall in its fourth-quarter net profit, hurt by lower revenue from voice and data services.

BRIEF-India's Reliance communications extends merger talks with Aircel by 30 days

* Extends talks for combination of wireless business with Aircel Limited by 30 days to June 22, 2016. Further company coverage: (Reporting by Himank Sharma)

Fitch Affirms Reliance Communications' at 'BB-'; Outlook Stable

(The following statement was released by the rating agency) SINGAPORE, March 02 (Fitch) Fitch Ratings has affirmed India-based telecoms service provider Reliance Communications Limited's (Rcom) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) of 'BB-'. The Outlook is Stable. Fitch has simultaneously affirmed the 'BB-' rating on Rcom's USD300m 6.5% senior secured notes due 2020. KEY RATING DRIVERS Deleveraging is Likely: The affirmation factors in Rcom's commitment to delev

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