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Company CMP + / -
AISHWARYA ₹5.00 ▼0.22 (-4.21%)
AIRTEL ₹420.20 ▲9.05 (2.20%)
DHANUS ₹0.09 ▲0.01 (12.50%)
FINCABLES ₹487.10 ▼8.30 (-1.68%)
GTL ₹16.89 ▼0.04 (-0.24%)
GTLINFRA ₹6.32 ▲0.28 (4.64%)
HCLTECH ₹903.05 ▼1.65 (-0.18%)
HCL INFO ₹51.15 ▼0.40 (-0.78%)
HFCL ₹16.89 ▲0.15 (0.90%)
IDEA ₹91.85 ▼0.05 (-0.05%)
ITI ₹100.50 ▼2.05 (-2.00%)
KAVERITEL ₹10.90 ▼0.05 (-0.46%)
MTNL ₹20.80 ▼0.20 (-0.95%)
ONMOBILE ₹69.65 ▼0.05 (-0.07%)
RCOM ₹24.80 ▲0.55 (2.27%)
SHYAM TEL ₹16.50 ▼0.30 (-1.79%)
SPANCO ₹3.12 0.00 (0.00%)
SPICE MOBILE ₹27.50 ▼1.40 (-4.84%)
STERLITE TECH ₹231.60 ▲9.45 (4.25%)
TANLA ₹37.00 ▲0.25 (0.68%)
TATA COMM ₹647.60 ▼8.45 (-1.29%)
TTML ₹7.45 ▲0.05 (0.68%)
TULIP ₹1.41 ▼0.12 (-7.84%)
VINDHYAT ₹1,011.20 ▲61.15 (6.44%)
XLTELENE ₹1.81 ▼0.16 (-8.12%)

AISHWARYA

Company ID [BOM:532975] Last trade:₹5.00 Trade time:3:30PM GMT+5:30 Value change:▼0.22 (-4.21%)

AIRTEL

Company ID [BOM:532454] Last trade:₹420.20 Trade time:3:40PM GMT+5:30 Value change:▲9.05 (2.20%)

DHANUS

Company ID [BOM:532903] Last trade:₹0.09 Trade time:3:29PM GMT+5:30 Value change:▲0.01 (12.50%)

FINCABLES

Company ID [BOM:500144] Last trade:₹487.10 Trade time:3:30PM GMT+5:30 Value change:▼8.30 (-1.68%)

GTL

Company ID [BOM:500160] Last trade:₹16.89 Trade time:3:44PM GMT+5:30 Value change:▼0.04 (-0.24%)

GTLINFRA

Company ID [BOM:532775] Last trade:₹6.32 Trade time:3:48PM GMT+5:30 Value change:▲0.28 (4.64%)

HCLTECH

Company ID [BOM:532281] Last trade:₹903.05 Trade time:3:46PM GMT+5:30 Value change:▼1.65 (-0.18%)

HCL INFO

Company ID [BOM:500179] Last trade:₹51.15 Trade time:3:59PM GMT+5:30 Value change:▼0.40 (-0.78%)

HFCL

Company ID [BOM:500183] Last trade:₹16.89 Trade time:3:56PM GMT+5:30 Value change:▲0.15 (0.90%)

IDEA

Company ID [BOM:532822] Last trade:₹91.85 Trade time:3:40PM GMT+5:30 Value change:▼0.05 (-0.05%)

ITI

Company ID [BOM:523610] Last trade:₹100.50 Trade time:3:58PM GMT+5:30 Value change:▼2.05 (-2.00%)

KAVERITEL

Company ID [BOM:590041] Last trade:₹10.90 Trade time:3:30PM GMT+5:30 Value change:▼0.05 (-0.46%)

MTNL

Company ID [NSE:MTNL] Last trade:₹20.80 Trade time:3:30PM GMT+5:30 Value change:▼0.20 (-0.95%)

ONMOBILE

Company ID [BOM:532944] Last trade:₹69.65 Trade time:3:42PM GMT+5:30 Value change:▼0.05 (-0.07%)

RCOM

Company ID [BOM:532712] Last trade:₹24.80 Trade time:3:59PM GMT+5:30 Value change:▲0.55 (2.27%)

SHYAM TEL

Company ID [BOM:517411] Last trade:₹16.50 Trade time:3:30PM GMT+5:30 Value change:▼0.30 (-1.79%)

SPANCO

Company ID [BOM:508976] Last trade:₹3.12 Trade time:2:28PM GMT+5:30 Value change:0.00 (0.00%)

SPICE MOBILE

Company ID [BOM:517214] Last trade:₹27.50 Trade time:3:30PM GMT+5:30 Value change:▼1.40 (-4.84%)

STERLITE TECH

Company ID [BOM:532374] Last trade:₹231.60 Trade time:3:52PM GMT+5:30 Value change:▲9.45 (4.25%)

TANLA

Company ID [BOM:532790] Last trade:₹37.00 Trade time:3:54PM GMT+5:30 Value change:▲0.25 (0.68%)

TATA COMM

Company ID [BOM:500483] Last trade:₹647.60 Trade time:3:46PM GMT+5:30 Value change:▼8.45 (-1.29%)

TTML

Company ID [BOM:532371] Last trade:₹7.45 Trade time:3:55PM GMT+5:30 Value change:▲0.05 (0.68%)

TULIP

Company ID [BOM:532691] Last trade:₹1.41 Trade time:3:26PM GMT+5:30 Value change:▼0.12 (-7.84%)

VINDHYAT

Company ID [BOM:517015] Last trade:₹1,011.20 Trade time:3:40PM GMT+5:30 Value change:▲61.15 (6.44%)

XLTELENE

Company ID [BOM:532788] Last trade:₹1.81 Trade time:3:30PM GMT+5:30 Value change:▼0.16 (-8.12%)
CMP = Current Market Price

Teledata

Tele Data

Mobile Subscribers Yearwise comparision

Aircel-RCOM merger faces opposition from China Development bank

May 03, 2017

China Development Bank (CDB) has objected to the $6 billion merger of Reliance Communications (RCOM) and Aircel’s operations even as regulators including the Competition Commission of India have approved the deal.

In its National Company Law Tribunal (NCLT) filing, CDB has referred to an earlier NCLT order based on a representation from RCOM dispensing the need to get lender approvals, which the China-based bank has objected to. Further, CDB has claimed that the assets being transferred between the operators are offered as security to the bank. Therefore, it has sought lender’s approval as both the companies have outstanding debt and the lender wants to know who will service the loan commitments. CDB has also sought a creditors’ meeting with both companies ahead of the merger to discuss loan settlement terms.

Aircel had sourced equipment from China-based vendors such as Huawei and ZTE, which are backed by loans from China-based banks like CDB. In addition, RCOM has loans worth over $1 billion from China-based banks. Moreover, CDB accounted for 37.11 per cent of RCOM’s total secured debt as of September 2016. However, RCOM had sought a waiver on the loans on the grounds that the deal with Aircel would only affect shareholders. Further, as per RCOM, although the debt would move between the companies, it would not have any impact on the lenders.

 
 

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