Reliance Communications - Corporate Debt

Last Modified: Thu Jun 29 2017 16:32:19 GMT+0530 (India Standard Time)
  • ₹45,000 crore
    Outstanding debt of Anil Ambani group's flagship company - Reliance Communications as of 31 Mar 2017.
  • ₹966 crore
    loss reported for the quarter that ended in March 2017.
  • Dec 2017
    Deadline given by the company's lenders to clear off its entire debt.
  • 2
    deals lined up by the company for sale of its assets that it hopes to close by 30 Sep 2017.
  • ₹11,000 crore
    Canada's Brookfield Group will pay for a 51% stake in Reliance Infratel, the company’s tower unit.
  • ₹14,000 crore
    Aircel will pay for a 50% stake in the mobile business.
  • Rs. 10,000 crore
    Estimated amount the company hopes to get from sales of two of its prime properties in Delhi and Navi Mumbai. Real estate services company JLL has been hired to broker a deal for its corporate office in central Delhi and Dhirubhai Ambani Knowledge City (DAKC) in Mumbai.