New Delhi: Shares of cash starved Reliance Communication<\/a> (RCom<\/a>) hit lower circuit on Tuesday after the Department of Telecommunication<\/a> (DoT<\/a>) refused to renew its licence. 信实通讯股价下跌5%,其每日电路极限,周二至3.36卢比。然而,柜台结算周一3.53卢比。52961 .90 BSE Sensex指数交易,由81.9点或0.15%报写这个报告的时间。点拒绝延长的电信牌照安尼尔•安巴尼领导公司,除非它清除其法定的会费26000卢比。 新德里:股票现金匮乏信实通信(信实电信)周二触及低电路后电信部门(点)拒绝延长其执照。
The DoT<\/a> refused to renew the telecom licence of the Anil Ambani led firm unless it clears its statutory dues of Rs 26,000 crore. If the bankrupt telco fails to do so it will be forced to surrender its spectrum and its asset sale plan under the insolvency process will get derailed.
Shares of Reliance Communication<\/a> tanked 5 per cent, its daily circuit limit, to Rs 3.36 on Tuesday. However, the counter settled at Rs 3.53 on Monday. BSE Sensex<\/a> was trading at 52,961.90, up by 81.9 points or 0.15 per cent at the time of writing this report.
“DoT has informed RCom<\/a> that it cannot renew telecom licences unless previous spectrum related dues are cleared. This followed the resolution professional’s (RP) communication to the department that as per Insolvency and Bankruptcy Code, its dues come under a moratorium and it does not have to pay them,” said an official aware of the developments.
RCom had written to the DoT, requesting that its telecom licence be renewed for another 20 years. RCom owns a pan-India<\/a> telecom licence and holds airwaves in the 850 MHz band in 14 of India’s 22 telecom circles. Its permits expire in July.
<\/p><\/body>","next_sibling":[{"msid":84164427,"title":"D-Street\u2019s mega puzzle: Why is analysts\u2019 consensus \u2018buy\u2019 for 2021 not performing","entity_type":"ARTICLE","link":"\/news\/d-streets-mega-puzzle-why-is-analysts-consensus-buy-for-2021-not-performing\/84164427","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"84164493","title":"Race to become the vanguard of India's stock market is on","entity_type":"IMAGES","seopath":"markets\/stocks\/news\/rcom-hits-lower-circuit-after-dot-refuses-to-renew-licence\/race-to-become-the-vanguard-of-indias-stock-market-is-on","category_name":"RCom hits lower circuit after DoT refuses to renew licence","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-947982\/84164493.cms?width=150&height=112","link":"\/image\/markets\/stocks\/news\/rcom-hits-lower-circuit-after-dot-refuses-to-renew-licence\/race-to-become-the-vanguard-of-indias-stock-market-is-on\/84164493"},{"msid":"84161183","title":"Department of Telecommunications won\u2019t renew licence until RCom clears dues","entity_type":"ARTICLE","seopath":"industry\/telecom\/telecom-news\/department-of-telecommunications-wont-renew-licence-until-rcom-clears-dues","category_name":"Telecom News","synopsis":"\u201cDoT has informed RCom that it cannot renew telecom licences unless previous spectrum related dues are cleared. This followed the resolution professional\u2019s (RP) communication to the department that as per Insolvency and Bankruptcy Code, its dues come under a moratorium and it does not have to pay them,\u201d said an official.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-100063\/84161183.cms?width=150&height=112","link":"\/news\/industry\/telecom\/telecom-news\/department-of-telecommunications-wont-renew-licence-until-rcom-clears-dues\/84161183"},{"msid":"84084326","title":"Vodafone-Idea's tariff plea: Telecom department to seek Trai's view","entity_type":"ARTICLE","seopath":"industry\/telecom\/telecom-news\/vodafone-ideas-tariff-plea-telecom-department-to-seek-trais-view","category_name":"Telecom News","synopsis":"Senior officials added that the government is all for a market that has four telcos - three private and one public - and that any possible relief cannot be given just to one player but to the entire industry.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-212999\/84084326.cms?width=150&height=112","link":"\/news\/industry\/telecom\/telecom-news\/vodafone-ideas-tariff-plea-telecom-department-to-seek-trais-view\/84084326"}],"msid":84164851,"entity_type":"ARTICLE","title":"RCom hits lower circuit after DoT refuses to renew licence","synopsis":"Shares of Reliance Communication tanked 5 per cent, its daily circuit limit, to Rs 3.36 on Tuesday. However, the counter settled at Rs 3.53 on Monday. BSE Sensex was trading at 52,961.90, up by 81.9 points or 0.15 per cent at the time of writing this report. The DoT refused to renew the telecom licence of the Anil Ambani led firm unless it clears its statutory dues of Rs 26,000 crore. ","titleseo":"telecomnews\/rcom-hits-lower-circuit-after-dot-refuses-to-renew-licence","status":"ACTIVE","authors":[{"author_name":"Pawan Nahar","author_link":"\/author\/479250723\/pawan-nahar","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479250723.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":false,"msid":479250723,"author_name":"Pawan Nahar","author_seo_name":"pawan-nahar","designation":"Copy Editor","agency":false}}],"analytics":{"comments":0,"views":1670,"shares":0,"engagementtimems":8350000},"Alttitle":{"minfo":""},"artag":"ETMarkets.com","artdate":"2021-07-06 11:23:40","lastupd":"2021-07-06 11:24:06","breadcrumbTags":["reliance communication share price","pan-India","Reliance Communication","DoT","Stock Market","RCom","Industry","Department of telecommunication","BSE sensex"],"secinfo":{"seolocation":"telecomnews\/rcom-hits-lower-circuit-after-dot-refuses-to-renew-licence"}}" data-authors="[" pawan nahar"]" data-category-name="" data-category_id="" data-date="2021-07-06" data-index="article_1">
RCom点击率低电路后点拒绝更新执照
的点拒绝续约的电信牌照安尼尔•安巴尼领导公司,除非它清除其法定的会费26000卢比。如果破产电信未能这样做,它将被迫放弃其频谱和资产出售计划破产程序下会出轨。
的股票信实通信下跌5%,其每日电路极限,周二至3.36卢比。然而,柜台结算周一3.53卢比。BSE Sensex在52961 .90交易,由81.9点或0.15%报写这个报告的时间。
写了RCom点,要求其电信牌照是再延长20年。信实电信拥有一pan-India电信牌照,电波在14 850 MHz频带的印度22电信圈。它允许7月到期。
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New Delhi: Shares of cash starved Reliance Communication<\/a> (RCom<\/a>) hit lower circuit on Tuesday after the Department of Telecommunication<\/a> (DoT<\/a>) refused to renew its licence.
The DoT<\/a> refused to renew the telecom licence of the Anil Ambani led firm unless it clears its statutory dues of Rs 26,000 crore. If the bankrupt telco fails to do so it will be forced to surrender its spectrum and its asset sale plan under the insolvency process will get derailed.
Shares of Reliance Communication<\/a> tanked 5 per cent, its daily circuit limit, to Rs 3.36 on Tuesday. However, the counter settled at Rs 3.53 on Monday. BSE Sensex<\/a> was trading at 52,961.90, up by 81.9 points or 0.15 per cent at the time of writing this report.
“DoT has informed RCom<\/a> that it cannot renew telecom licences unless previous spectrum related dues are cleared. This followed the resolution professional’s (RP) communication to the department that as per Insolvency and Bankruptcy Code, its dues come under a moratorium and it does not have to pay them,” said an official aware of the developments.
RCom had written to the DoT, requesting that its telecom licence be renewed for another 20 years. RCom owns a pan-India<\/a> telecom licence and holds airwaves in the 850 MHz band in 14 of India’s 22 telecom circles. Its permits expire in July.
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