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  CBI raids locations linked to Anil Ambani in Rs 2,000 crore SBI fraud case

  India | August 23, 2025 12:25 IST

  The CBI has lodged an FIR against Reliance Communications (RCOM) and its promoter Anil Ambani for allegedly defrauding State Bank of India (SBI) of over Rs 2,000 crore.

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  Jio-RCom spectrum sharing deal not connected with AGR liability: Sources

  Business | August 15, 2020 13:12 IST

  A Supreme Court bench had on Friday sought to know why Reliance Jio Infocomm Ltd (RJIL) must not pay adjusted gross revenue (AGR) dues of Reliance Communications since it has been using the latter's spectrum since 2016.

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  RCom hits upper circuit for 6th straight session

  Business | November 29, 2019 11:10 IST

  Along with Bharti Airtel, VFSI Holdings Pte Ltd and UV Asset Reconstruction Company Limited have submitted their bids.

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  Bharti Airtel submits Rs 9,500-cr bids for RCom assets

  Business | November 28, 2019 23:39 IST

  Along with Bharti Airtel, VFSI Holdings Pte Ltd and UV Asset Reconstruction Company Limited have submitted their bids. "Bharti Airtel seems to be the highest bidder with bids of around Rs 9,500 crore. However, the final result will be known on Friday after the committee of creditors (CoC) opens all the bids," the source said.

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  RCom shares rally 6 per cent to hit upper circuit on asset sale buzz

  Business | November 25, 2019 10:48 IST

  Bharti Airtel, RIL and three others are likely to bid for the assets of debt-ridden Reliance Communications on Monday, according to sources close to the development.

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  Reliance Communications rubbishes French media report on tax issue

  India | April 13, 2019 21:44 IST

  The Reliance Communications on Saturday rubbished a media report which claimed that taxes to the tune of 143.7 million euro were waived by the French authorities for a France-based company of Anil Ambani "just a few months" after Prime Minister Narendra Modi announced the decision to buy 36 Rafale fighters in 2015.  

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  China Development Bank drags debt-ridden RCom to bankruptcy court over $2bn debt

  Business | November 28, 2017 9:04 IST

  In a statement issued on Monday, RCom said it was ‘surprised’ by the ‘untimely and premature action’ of the China Development Bank.

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  Moody's withdraws RCom's corporate family rating on 'default'

  Business | November 18, 2017 13:03 IST

  Moody's Investors Service has withdrawn debt-laden Reliance Communications' corporate family rating, citing a missed scheduled payment related to the company's dollar bond.

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  No loan write off needed, lenders to take 51% after conversion: RCom

  Business | October 30, 2017 23:24 IST

  RCom offered a comprehensive debt-resolution plan to its domestic and foreign lenders, saying it will not involve any loan write-off by the lenders.

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  Anil Ambani's Reliance Communications to shut down 2G business by November 30: report

  Business | October 25, 2017 15:47 IST

  Reliance Communications has asked most its employees to exit the company by November 30, a media report said.

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  Ambani-led RCom’s shares drop to all-time low after Aircel merger deal collapses

  Business | October 03, 2017 21:45 IST

  Shares of Anil Ambani owned Reliance Communications (Rcom) plunged to an all-time low on Tuesday, after the company called off its plan to merge with Aircel Ltd

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  Brookfield to revise deal for 51 pc stake in RCom’s mobile tower business after Aircel merger fails

  Business | October 03, 2017 10:08 IST

  Canadian firm Brookfield will pay less for the 51 per cent stake in RCom's mobile tower business.

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  In veiled reference to Jio, Anil Ambani says telecom heading from choice-driven market to monopoly

  Business | September 27, 2017 11:28 IST

  Wireless sector is slowly moving from a hugely customer-friendly market towards either oligopoly, duopoly or potentially a monopoly

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  NCLT approves RCOM-Aircel merger, Brookfield deal: report

  August 14, 2017 17:06 IST

  Sources said the merger scheme before the NCLT-Mumbai Bench will see the final order being passed on September 13, 2017.

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  Bankers to meet next week, may recast bad loans of Anil Ambani

  June 01, 2017 16:51 IST

  The Anil Ambani-owned firm has defaulted on its loan servicing obligations with more than 10 banks.

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  RCom-Aircel merger gets shareholders’ nod for wireless business

  April 24, 2017 14:46 IST

  Reliance Communications (RCOM) has received 99.99 per cent shareholders approval for merger of its wireless business with Aircel, a company statement said here on Monday.

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  Anil Ambani-led RCOM​ gets CCI approval for Aircel merger

  March 20, 2017 20:38 IST

  Anil Ambani-led Reliance Communications has received an approval of the Competition Commission of India (CCI) for the proposed merger with Aircel.

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  'Joy of Holi': Reliance Communications offers 1GB data for Rs. 49

  March 10, 2017 20:17 IST

  In the new ‘joy of Holi’ offer, Telecom operator Reliance Communications (RCOM) today announced a new offering to provide 1GB data to new 4G customers for Rs 49 whereas 3GB data will be priced at

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  Reliance announces pre-paid MoviNet Plan giving 2.5 GB at Rs 235

  July 27, 2016 18:49 IST

  Reliance Communications (RCOM) today launched a new content-bundled data offer, MoviNet Plan, which includes movies, music and Internet access. The pre-paid MoviNet Plan starts at a price of Rs. 235 per month and gives 2.5

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  RCom, Reliance Jio in talks for spectrum sharing: Anil Ambani

  September 30, 2015 16:07 IST

  Mumbai: Terming it as a "virtual consolidation" in the highly-competitive telecom space, Anil Ambani today said his group firm RCom is tying up 'trading and sharing' of spectrum with Mukesh Ambani-led Reliance Jio including for