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Rcom Fy

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RCom FY'09 net up 12% at Rs 6,044 cr

Anil Ambani group firm Reliance Communications on Monday said its consolidated net profit rose by 11.91 per cent to Rs 6,044.93 crore (Rs 60.44 billion) for the year ended March 31, 2009, over the......

An RBI model for the Securities Market?

If raters get away by moving from AAA to D overnight after companies default, as happened with DHFL, YES Bank, RCom, and IL&FS, it shows a complete breakdown in the rating system. It calls for......

What next for Anil Ambani?

Resignations of Anil Ambani and four other directors were conveyed to the CoC of RCom in its meeting on November 20 and were unanimously rejected. The Committee of Creditors (CoC) of Reliance......

The little-known company that's buying up distressed telcos

UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group’s Reliance Communications and Reliance Telecom, which are in the National Company Law......

India's telcos continue to dial the wrong number

India's telecom sector has been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies. India could go back to a private sector duopoly with......

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