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Militants attack 3 mobile telecom showrooms in Srinagar; 1 hurt

Security personnel cordon off the site of blasts at Karan Nagar in Srinagar. All photographs: Umar Ganie/Rediff.com Suspected militants on Friday carried out a series of grenade attacks in......

Over 1,42,000 people rescued in flood-hit J&K so far

Over 1,42,000 people have been rescued from the flood-ravaged parts of Jammu and Kashmir so far, as the relief operations launched by the Armed forces entered the 12th day on Saturday. “Armed......

Hectic activity in Pak's Khushab nuke site

Pakistan is going ahead with the construction of its third heavy nuclear reactor at the Khushab site at a much faster pace, a Washington-based think tank has said. "Construction of the third......

RCom, Aircel may sign $300 mn infrastructure deal

Reliance Communications' tower business Reliance Infratel is likely to enter into an end-to-end telecom infrastructure agreement with Aircel for towers, voice carriage and bulk bandwidth worth......

Tata Sons to invest Rs 2,000 crore more in telecom arm

Funds will be raised via non-cumulative preference shares issued to Tata Sons on rights basis Within days of the Delhi High Court clearing the way for a settlement between Tata Sons and NTT......

Fitch pours cold water on Jio's dreams

Says, Jio unlikely to gain 2% revenue market share in 2017 Global rating agency Fitch does not see Reliance Jio, the new entrant in the highly competitive telecom space, gaining even 2 per cent of......

RCom to use Rs 11k cr from stake sale in cell towers to cut debt

Reliance Communications Ltd (RCom) on Friday announced the sale of 51 per cent stake in its telecom tower business to Canada-based Brookfield Infrastructure Group, for an upfront cash payment......

Partnership with Jio a virtual merger: Anil Ambani

Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this Anil Ambani, chairman of the......

Saketh gets wild card for Chennai Open

India's No. 1 ranked player Saketh Myneni and Norway's tennis sensation Casper Ruud have been offered the last two wild cards for the 22nd edition of the Aircel Chennai Open. Chennai's local hero......
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Anil's summer sale keeps aspirations afloat for Reliance

Most credit rating agencies have already downgraded it. There are fears of the account itself developing into a major NPA, but the Anil Ambani led... ...

http://www.sify.com/finance/anils-summer-sale-keeps-aspirations-afloat-for-reliance-news-corporate-rg2nGFhfchbai.html
Anil Ambani decides to forego salary from RCOM in current FY

With the company reeling under a huge pile of debt, Reliance Communications (RCOM) chairman Anil Ambani has decided to forego his salary and... ...

http://www.deccanherald.com/content/617335/anil-ambani-decides-forego-salary.html
RCom rejects rating downgrades by Moody's, Fitch

Telecom operator Reliance Communications today rejected credit rating cuts by Moody's and Fitch as the agencies' views apply only on its USD 300... ...

http://www.mydigitalfc.com/telecommunication/rcom-rejects-rating-downgrades-moodys-fitch-995
No positive signal for RCom; more downgrades haunt stock

With no positive news around to trigger any significant buying at the counter, and instead, the bears continuing to hammer the stock, Reliance... ...

http://www.sify.com/finance/no-positive-signal-for-rcom-more-downgrades-haunt-stock-news-sensex-rghpuQcedaeaj.html
RCom's shares, bonds fall after new rating downgrades

Mumbai: Shares and bonds in embattled Indian mobile carrier Reliance Communications fell on Wednesday after Moody's and Fitch further downgraded... ...

http://www.sify.com/finance/rcoms-shares-bonds-fall-after-new-rating-downgrades-news-sensex-rghjFPjidhfbb.html

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