Reliance Communications

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

12 Feb 2020

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.

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

19 Jun 2019

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

20 Feb 2019

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.

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

13 Feb 2019

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

12 Feb 2019

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.

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

21 Jan 2019

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.

Reliance Communications to exit telecom to focus on real estate

18 Sep 2018

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.

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

28 Dec 2017

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.

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

27 Dec 2017

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.

Mahesh Bhupathi, Lara Dutta take Gitanjali Gems to insolvency

21 Dec 2017

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.

More trouble for RCom: China Development Bank files insolvency case

28 Nov 2017

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.

Where do Ambani brothers stand 11 years after split?

25 Nov 2017

Where do Ambani brothers stand 11 years after split?

Mukesh Ambani's Reliance Industries recently raised $800-million (Rs. 51.66-billion) -to reduce its massive debt of Rs. 2.14-trillion to some extent- through the sale of 10-year bonds overseas at the cheapest rate for a non-financial Indian issuer.

Telecom mass layoffs: 75,000 employees lost jobs in one year

15 Nov 2017

Telecom mass layoffs: 75,000 employees lost jobs in one year

Thousands of people working in India's telecom industry are grappling with massive job losses. The sector lost a fourth of its three-lakh workforce in the last 12 months.

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

25 Oct 2017

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.

RCom cancels merger with Aircel, says it was mutual

02 Oct 2017

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.

Telcos are violating net neutrality, say content creators

31 Aug 2017

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.

With 18Mbps, Jio has topped 4G speed since seven months

04 Aug 2017

With 18Mbps, Jio has topped 4G speed since seven months

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

01 Aug 2017

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.

CAG Report: Six private telcos under-reported revenue by Rs. 61,000cr

23 Jul 2017

CAG Report: Six private telcos under-reported revenue by Rs. 61,000cr

The country's apex audit body Comptroller and Auditor General of India (CAG) said six private telecom players understated revenues of Rs. 61,065cr over five years (FY 2011-15).

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

06 Jul 2017

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.

Reliance Communications looks to sell 133 acre IT park

20 Jun 2017

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.

How expensive are Reliance Jio "free" services?

15 Jun 2017

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.

Reliance Jio leaves other telcos far behind in download speed

05 Jun 2017

Reliance Jio leaves other telcos far behind in download speed

According to the latest report by telecom regulator TRAI, Reliance Jio broke its erstwhile record of 18.48 Mbps and clocked in a high download speed of 19.12 Mbps, topping the 4G network speed chart for the month of April.

Anil Ambani: RCom-Aircel merged entity to be called Aircom

02 Jun 2017

Anil Ambani: RCom-Aircel merged entity to be called Aircom

In his media briefing today, Anil Ambani announced that the merged entity of RCom and Aircel has been named Aircom. RCom will hold 50% stake in the newly formed company.

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

30 May 2017

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.

CCI approves de-merger of wireless division, says RCom

21 Mar 2017

CCI approves de-merger of wireless division, says RCom

Reliance Communications has said the Competition Commission of India has approved the de-merger of its wireless division into Aircel Ltd and Dishnet Wireless Ltd.

SC gives Swamy two weeks to present evidence against Chidambaram

11 Feb 2017

SC gives Swamy two weeks to present evidence against Chidambaram

The SC has refused to probe P. Chidambaram's role in the 2006 Aircel Maxis deal at this stage, giving BJP leader Subramanian Swamy two weeks to present credible evidence of illegality allegedly committed by Chidambaram.

SC threatens to auction Aircel if Krishnan continues to abscond

04 Feb 2017

SC threatens to auction Aircel if Krishnan continues to abscond

A livid SC bench threatened to end the proposed merger of Aircel with Reliance Communications and to sell the spectrum allocated to Aircel.

ED moves SC against Maran brothers in Aircel-Maxis case

03 Feb 2017

ED moves SC against Maran brothers in Aircel-Maxis case

The Enforcement Directorate (ED) today moved the Supreme Court against a trial court's decision to acquit the Maran brothers in the Aircel-Maxis case.

All accused in Aircel-Maxis case acquitted

02 Feb 2017

All accused in Aircel-Maxis case acquitted

A special court on Thursday acquitted all those who were accused in the Aircel-Maxis case, including former Telecom Minister Dayanidhi Maran and his brother Kalanithi Maran.

Aircel to SC: Don't shut our operations

30 Jan 2017

Aircel to SC: Don't shut our operations

Telecom operator Aircel has asked the SC not to halt its operations in the country, saying it had no control over the actions of its parent company Maxis, and its promoter T Ananda Krishnan.

Telecom spectrum holdings to rise

20 Jan 2017

Telecom spectrum holdings to rise

Telecom secretary J.S. Deepak stated that due to structural changes and consolidation, the telecom spectrum holding for all operators will rise to 40MHz from 18MHz in 2017.

RCom-Brookfield deal: Investors see no upside

24 Dec 2016

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.

Investors decry RCom's plans

17 Oct 2016

Investors decry RCom's plans

RCom's recent disclosure of a non binding term sheet with Brookfield Infrastructure for RCom's tower assets has drawn flak from investors.

Reliance Communications sells its tower business

16 Oct 2016

Reliance Communications sells its tower business

Reliance Communications (RCom) has agreed to sell a majority stake in its mobile phone tower business.

Telecom auction moves at snail's pace

06 Oct 2016

Telecom auction moves at snail's pace

Overall, the telecom auction progressed extremely slowly, receiving bids worth a mere Rs.2,482 crore.

India's biggest spectrum auction: All you need to know

03 Oct 2016

India's biggest spectrum auction: All you need to know

With over 2354.55 MHz of spectrum up for auction across seven bands, India's biggest spectrum auction garnered Rs.53.53 crore on 1 October.

What made news last week?

19 Sep 2016

What made news last week?

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

Reliance Communications merges with Aircel

14 Sep 2016

Reliance Communications merges with Aircel

RCom and Aircel just announced their merger in the largest ever consolidation deal in Indian telecom sector.