Bengaluru, Sept. 5 -- The shares of the telecommunication firm engaged in offering a comprehensive suite of telecom services, covering wireless, wired connections, domestic, and direct-to-home services, gained attention after the Bank of Baroda had categorized the loans with Reliance Communications and former director, Anil Ambani, as fraud.

With a market capitalization of Rs.389.94 crore, the shares of Reliance Communications Limited were trading at Rs.1.38, down by 3.50 percent from the previous day's closing price of Rs.1.43.

Fraudulent News As per recent reports, Bank of Baroda, a major public sector bank, has identified the loan accounts of Reliance Communications and its former director, Anil Ambani, as fraudulent. According to An...