Loading Ticker...

Tag Archive for 'reliance globalcomm'

RBI Approved Reliance Communications For Refinancing From China

Reliance Communications Logo

Reliance Communications Ltd. received the permission from the Reserve Bank of India for the refinancing from Industrial and Commercial Bank of China Ltd (ICBC) and Export Import Bank of China (EXIM) for deliverance of its outstanding FCCBs (Foreign Currency Convertible Bonds). The terrific FCCBs of US$ 1,182 million (approximately Rs. 5,825 crore at the prevailing […]

Continue Reading...

Reliance Globalcom Will Soon IPO In Singapore

Reliance Globalcom is planning an IPO in Sinagpore

According to sources, Reliance Communications is planning an initial public offering (IPO) of Reliance Globalcom in Singapore. Reliance may sell 75% stake in this company, through which Reliance Communications is looking forward to raising up to $1.5 billion. The company has a debt of nearly Rs 32,000 crore by the end of September 2011. To […]

Continue Reading...