Moody’s downgrade ratings of Rcom’s arm

02 Aug 2019

Global rating agency Moody's Investors Service has downgraded its rating on Reliance Communications’ (Rcom) subsidiary -- Global Cloud Xchange (GCX) with a negative outlook due to payment default on a $350 million borrowing.

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

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323