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Stock Market Today: Sensex, Nifty rebound; Tata Steel, Bharti Airtel, SAIL stocks gain

Stock Market Today: Sensex, Nifty rebound; Tata Steel, Bharti Airtel, SAIL stocks gain

Wed, Sep 04, 2019

The BSE Sensex rebound and clocked 161 points gain after the closing bell and closed at 36,724 levels. The 50-Stock Nifty index logged 38 points gain and closed at 10,836 levels after the closing bell.

Sensex nudge down, Nifty retains 11K levels; Vodafone Idea, Reliance Capital, Biocon stocks bleed

Sensex nudge down, Nifty retains 11K levels; Vodafone Idea, Reliance Capital, Biocon stocks bleed

Tue, Aug 20, 2019

The BSE Sensex nudged 74 points down and closed at 37,328 levels while the 50-stock Nifty lost 36 points but retained the psychological 11,000 levels after closing at 11,017 levels.

Sensex tanks 462 points, Nifty loses 11K levels; Vedanta, Bharti Airtel, Coffee Day Enterprise stocks bleed

Sensex tanks 462 points, Nifty loses 11K levels; Vedanta, Bharti Airtel, Coffee Day Enterprise stocks bleed

Thu, Aug 01, 2019

After opening weak post-recovery in the second half of the previous trade session, the Indian indices extended its losses as both Sensex and Nifty lost near 1.2 per cent in the intraday trade.

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Reliance Communications dips over 2 percent as Fitch withdraws ratings

Reliance Communications dips over 2 percent as Fitch withdraws ratings

Wed, Dec 06, 2017

Reliance Communications stock today opened at Rs 11.10 and slumped 2.38 per cent to touch an intra-day low of Rs 11.07 on the BSE.

In Pics: One year of ADAG and Reliance Communications Chairman, Anil Ambani

In Pics: One year of ADAG and Reliance Communications Chairman, Anil Ambani

Fri, Dec 01, 2017

Anil Dhirubhai Ambani, chairman of ADAG Group and Reliance Communications is an Indian business magnate. His real time net worth has been as on December 1, 2017 stood at $ 2.4 billion as per Forbes data. He is also the younger sibling of Mukesh Ambani, the richest man in India.

Reliance Communications claims all 31 lenders oppose China bank's insolvency plea

Reliance Communications claims all 31 lenders oppose China bank's insolvency plea

Fri, Dec 01, 2017

Anil Ambani-led RCom today claimed that a majority of its lenders are opposing China Development Bank's (CDB) decision to initiate insolvency proceedings against the embattled telco that's saddled with over Rs 45,000 crore of debt that has turned dud.

Reliance Communications enters into pact to sell DTH operation

Reliance Communications enters into pact to sell DTH operation

Tue, Nov 28, 2017

The company said the transaction will help it to reduce the liability of unsecured creditors, benefitting all stakeholders, including lenders and shareholders of RCOM.

Reliance Communications shares drop nearly 10% post CDB action, DTH sale announcement

Reliance Communications shares drop nearly 10% post CDB action, DTH sale announcement

Tue, Nov 28, 2017

After RCom said it was 'surprised' by China Development Bank's move to file a petition with NCLT, shares of the company came under fire.

RCom shares soar 12% on real estate assets sale buzz

RCom shares soar 12% on real estate assets sale buzz

Tue, Nov 21, 2017

In terms of equity volume, 164.41 lakh shares of the company were traded on BSE and over 16 crore shares changed hands on NSE during the day.

RCom arm sends notice to rivals for campaign against it

RCom arm sends notice to rivals for campaign against it

Fri, Nov 17, 2017

RCom Global Cloud Xchange (GCX) said that it has sent "a 'Cease & Desist' notice and/or injunction to a number of competitors in India, after learning from its Enterprise customers that these competitors are carrying out an illegal and malicious campaign, spreading misinformation and wrongly implying that Reliance Enterprise Voice services will shortly be discontinued".

Reliance Communications shares down 14% after company reports September-quarter loss

Reliance Communications shares down 14% after company reports September-quarter loss

Mon, Nov 13, 2017

Reliance Communications Ltd shares fell more than 9 percent in early trade on Monday after the company reported a loss in the September quarter.

Not paying interest to lenders in light of SDR, says Reliance Communications

Not paying interest to lenders in light of SDR, says Reliance Communications

Tue, Nov 07, 2017

Anil Ambani-led Reliance Communications (RCom) today said the company is not paying interest or principal amount for the time being to any lenders or its bondholders in view of the strategic debt restructuring scheme and consequent standstill period till December 2018.

RCom to shut voice calls from Dec 1, subs can port till Dec 31

RCom to shut voice calls from Dec 1, subs can port till Dec 31

Fri, Nov 03, 2017

The Telecom Regulatory Authority of India (Trai) in direction to all telecom operators said that RCom on October 31, 2017 intimated it that "RCL (Reliance Communications Limited) shall provide only 4G data services to its customers and as a result will discontinue to provide voice services to the subscribers... with effect from 1st December 2017."

Agreed to new loan repayment plan, RCom says

Agreed to new loan repayment plan, RCom says

Tue, Oct 31, 2017

Debt-laden Indian telecoms company Reliance Communications Ltd has agreed a new debt repayment plan with lenders, including a pledge to raise up to 170 billion rupees ($2.6 billion) by selling assets such as mobile towers, it said on Monday.

Telecom wars intensifies; Airtel targets Reliance Communications' 2G customers with ad

Telecom wars intensifies; Airtel targets Reliance Communications' 2G customers with ad

Sat, Oct 28, 2017

A print ad by Bharti Airtel has said it welcomes all Reliance Communication customers after speculation that the company will be closing down its business.

Airtel’s shares touch 52 week high on Sensex in early trade

Airtel’s shares touch 52 week high on Sensex in early trade

Tue, Oct 24, 2017

After the disruptor, Reliance Jio hiked tariff plans last week telecom stocks have been buzzing on D-Street.

India mobile carriers rally on hopes for easier competition after Jio price rise

India mobile carriers rally on hopes for easier competition after Jio price rise

Mon, Oct 23, 2017

Shares in Indian wireless operators rose sharply on Monday after Reliance Industries Ltd`s Jio telecom unit increased mobile data tariffs, raising hopes of an easing in the cut-throat competition that has eroded profits in the sector.

Reliance Communications gets final nod from DoT for merger with Sistema

Reliance Communications gets final nod from DoT for merger with Sistema

Mon, Oct 23, 2017

The long awaited merger between RCom and Sistema announced in 2015 is finally coming to a close. The deal has received its final approval from the Department of Telecom on Monday.

Reliance Communications expands board; elevates Punit Garg to Executive Director

Reliance Communications expands board; elevates Punit Garg to Executive Director

Mon, Oct 02, 2017

The Board of Directors of Reliance Communication has expanded its board by inducting senior executives.

Mukesh Ambani hits back at brother Anil’s insinuations; says ‘Have to root out inefficiencies across the digital ecosystem’

Mukesh Ambani hits back at brother Anil’s insinuations; says ‘Have to root out inefficiencies across the digital ecosystem’

Wed, Sep 27, 2017

Seemingly concerned over the telecom sector's health the Ambani brothers have made hard hitting remarks pointing out the growing competition in the industry.

After Vodafone now Reliance Communications introduces 1GB a day pack

After Vodafone now Reliance Communications introduces 1GB a day pack

Tue, Aug 29, 2017

Reliance Communication is back with another data pack. We give you the details.

Reliance Communications pushes for Freedom Pack; offers 1GB data per day for Rs 349

Reliance Communications pushes for Freedom Pack; offers 1GB data per day for Rs 349

Thu, Aug 17, 2017

Reliance Communications is offering 1GB data and unlimited calls to any network in the country at Rs 349.

Reliance Communications rolls out ‘Data ki Azadi’ offer for Rs 70

Reliance Communications rolls out ‘Data ki Azadi’ offer for Rs 70

Mon, Aug 14, 2017

RCom launches a new plan for Independence Day. We tell you all about it.

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