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Tag Archives: Investors Service

Moody’s downgrades RCom’s corporate family rating

Moody’s Investors Service has downgraded corporate family rating and senior secured bond rating of Reliance Communications (RCom). The downgrade reflects the company’s weak operating performance, high leverage and fragile liquidity position. RCom had reported loss of Rs 948 crore in March quarter, compared to a net profit of Rs 79 ... Read More »