NCLAT stays insolvency proceedings against RCom; directs it to pay Rs 550 crore to Ericsson
The period would start from June 1.
May 30, 2018, 17:56 PM ISTReliance Infratel gets shareholders' nod for tower unit's merger with Brookfield Infrastructure
The company has already received approval from Competition Commission of India for the proposed scheme of arrangement.
May 02, 2017, 13:25 PM ISTCCI okays sale of Reliance Infratel tower unit to Brookfield
The Competition Commission of India has approved the proposed sale of the tower division of Reliance Communications' subsidiary, Reliance Infratel, to Canada-based Brookfield Infrastructure Group.
Mar 23, 2017, 15:49 PM ISTRCom to sell entire stake in Reliance Infratel; to fetch about Rs 22,000 crore
RCom owns about 96 percent stake in Infratel and the sale would fetch it around Rs 22,000 crore, which will be used to retire some debt.
Nov 24, 2015, 21:24 PM ISTRCom short-lists bidders for stake sale in tower arm
Reliance Infratel has more than 45,000 mobile towers, and proceeds from the stake sale will help the company reduce debt this fiscal.
Aug 17, 2015, 16:09 PM IST