SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

RCom deposits partial payment of Rs 131 crore to Ericsson

08 Jan 2019 Evaluate

Reliance Communications (RCOM) has been given 4 weeks’ time by the Supreme Court to file its response to the contempt petition filed by Ericsson. Thereafter, Ericsson has been given one week’s time to file its rejoinder. The matter will be taken up for hearing thereafter.

RCOM has deposited a partial payment of Rs 131 crore to Ericsson from the operational funds available with the Company.

RCOM has taken all required steps towards enabling the settlement and remains fully committed to make the payment to Ericsson from the proceeds of the Spectrum sale.

RCOM is India’s foremost and truly integrated telecommunications service provider.

Reliance Comm Share Price

1.05 0.01 (0.96%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1846.55
Vodafone Idea 9.62
Indus Towers 412.35
Tata Communications 1521.05
Bharti Hexacom Ltd. 1538.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×