Member access

4-Traders Homepage  >  Shares  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Reliance Communications Ltd    RCOM   INE330H01018

End-of-day quote. End-of-day quote NATIONAL STOCK EXCHANGE OF INDIA - 08/22
122.65 INR   -0.41%
14h ago RELIANCE COMMUNICATIONS : Rcom: turnaround in the offing
3d ago RELIANCE COMMUNICATIONS : RCOM AIMS TO LOWER DEBT BY 37% TO Rs25,500 CRORE ..
3d ago RELIANCE COMMUNICATIONS : Rcom aims to cut debt by over 25%
SummaryQuotesChart AnalysisNewsCalendarCompanyFinancialsConsensusRevisions 

Reliance Communications Ltd. : Reliance Communications Names Gurdeep Singh President, CEO For Wireless Business

05/30/2012 | 06:08am US/Eastern
Recommend:
0

Reliance Communications Ltd. (532712.BY) Wednesday named the former operating chief of Aircel Ltd., Gurdeep Singh, as the president and chief executive of its wireless business.

The division was previously headed by Syed Safawi, who left the Indian mobile-phone operator in February when his contract as the president of the company's largest arm wasn't renewed.

Singh will also be a member of Reliance Communications' management board, the flagship company of the Reliance Group, headed by billionaire Anil Ambani, said in a statement. Singh had left Aircel in January.

Singh's appointment comes at a time when Reliance Communication's performance has been under pressure due to intense competition--which kept call charges very low--and high interest costs on the debt it took in 2010 to buy bandwidth and expand network. It has been trying to sell stakes in itself and some units to raise funds to repay debt of more than $6 billion, but hasn't been successful.

-By Dhanya Ann Thoppil, Dow Jones Newswires; +91-9886929464; dhanya.thoppil@dowjones.com

Recommend :
0
React to this article
Latest news on RELIANCE COMMUNICATIONS LT
14h ago RELIANCE COMMUNICATIONS : Rcom: turnaround in the offing
3d ago RELIANCE COMMUNICATIONS : RCOM AIMS TO LOWER DEBT BY 37% TO Rs25,500 CRORE IN 1 ..
3d ago RELIANCE COMMUNICATIONS : Rcom aims to cut debt by over 25%
4d ago RELIANCE COMMUNICATIONS : Rcom profit up 22% in q1 helped by voice calls
08/14 RELIANCE COMMUNICATIONS : 1Q FY2015 Earnings Call for Global Investors
08/14 RELIANCE COMMUNICATIONS : RCOM announces its unaudited financial results for the..
08/14 RELIANCE COMMUNICATIONS : RCOM GETS Rs650 CRORE FROM PROMOTER GROUP FIRM
08/13 IDEA CELLULAR : Gains most from number portability; rcom biggest loser
08/11RELIANCE COMMUNICATIONS LTD : quaterly earnings release
08/11 RELIANCE COMMUNICATIONS : RCOM RECEIVES Rs650 CRORE FROM PROMOTER GROUP
Advertisement
Chart
Duration : Period :
Reliance Communications Lt Technical Analysis Chart | RCOM | INE330H01018 | 4-Traders
Income Statement Evolution
Reliance Communications Lt : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF