reliance communications

RCom lenders reject resignation of Anil Ambani and 4 other directors

RCom lenders reject resignation of Anil Ambani and 4 other directors

RCom had posted a consolidated loss of Rs 30,142 crore for September 2019 quarter due to provisioning for liabilities after the Supreme C...Read More

Anil Ambani resigns as Director of debt-ridden Reliance Communications

Anil Ambani resigns as Director of debt-ridden Reliance Communications

Reliance Communications Chairman Anil Ambani along with four directors have resigned from the company, which is going through insolvency ...Read More

Three Chinese banks sue Anil Ambani for USD 680 million unpaid loan

Three Chinese banks sue Anil Ambani for USD 680 million unpaid loan

Troubles for Indian tycoon Anil Ambani doesn't seem to be ending. Reports have surfaced saying that three Chinese banks are suing Anil Am...Read More

‘Approach NCLT for Rs 577 crore refund from Ericsson’

‘Approach NCLT for Rs 577 crore refund from Ericsson’

Reliance Communications is presently going through the Corporate Insolvency Resolution Process under the supervision of the Mumbai-bench ...Read More

Anil Ambani's Reliance Marine to face insolvency proceedings

Anil Ambani's Reliance Marine to face insolvency proceedings

Reliance Marine and Offshore (RMOL), a subsidiary of the Anil Ambani-controlled Reliance Naval and Engineering is under insolvency procee...Read More

Reliance Jio, Bharti Airtel to bid for Reliance Communication's physical assets

Reliance Jio, Bharti Airtel to bid for Reliance Communication's physical assets

Reliance Jio and Bharti Airtel have expressed interest in bidding for physical telecom infrastructure of Anil Ambani-led Reliance Communi...Read More

Billionaire to Bankruptcy! Tracing Anil Ambani’s loan-ly fall from dizzying heights

Billionaire to Bankruptcy! Tracing Anil Ambani’s loan-ly fall from dizzying heights

In a media conference, Anil Ambani revealed that more than Rs 35,000 crore of loans have been paid back in the last 14 months.

Chinese lenders demand USD 2.1 billion from Anil Ambani's Reliance Communications

Chinese lenders demand USD 2.1 billion from Anil Ambani's Reliance Communications

In what can be seen as a major setback to Anil Ambani's Reliance Communications Ltd., major Chinese lenders, including China Development ...Read More

Reliance Communications’s bankruptcy begins

Reliance Communications’s bankruptcy begins

Mumbai: The National Company Law Tribunal (NCLT) Thursday allowed Reliance Communications (RCom) to exclude the 357 days spent in litigat...Read More

Reliance Communications promoters’ shareholding declines to 22 per cent

Reliance Communications promoters’ shareholding declines to 22 per cent

New Delhi: Reliance Communications promoters’ stake has come down to 22 per cent in January-March 2019 quarter, with family and group fir...Read More

Will soon decide on Reliance Communications insolvency petition: NCLAT

Will soon decide on Reliance Communications insolvency petition: NCLAT

New Delhi: The National Company Law Appellate Tribunal on Monday said it would decide on the insolvency of debt-ridden Reliance Communica...Read More

Reliance Communications-Reliance Jio asset sale deal called off

Reliance Communications-Reliance Jio asset sale deal called off

New Delhi: Just at a time when Anil Ambani narrowly escaped a 3-month jail term by paying off Rs 458.77 crore to the Swedish telecom equi...Read More

Reliance Communications pays Rs 458.77 cr to Ericsson: Sources

Reliance Communications pays Rs 458.77 cr to Ericsson: Sources

New Delhi: Racing against time to meet the Supreme Court’s deadline, Reliance Communications (RCom) has paid Rs 458.77 crore of dues to S...Read More

BSNL to move NCLT against Reliance Communications soon

BSNL to move NCLT against Reliance Communications soon

New Delhil: State-owned telecom firm BSNL will approach National Company Law Tribunal this week to recover dues of about Rs 700 crore fro...Read More

NCLAT reserves order on Reliance Communications plea

NCLAT reserves order on Reliance Communications plea

New Delhi: The National Company Law Appellate Tribunal Wednesday reserved its order on a petition by Reliance Communications which has ap...Read More

Reliance Communications lenders contend with first right over IT refunds

Reliance Communications lenders contend with first right over IT refunds

New Delhi: Lenders of Reliance Communications (RCom) on Tuesday contended before the NCLAT that they have the first right over Rs 260 cro...Read More

Investors oppose Reliance Communication’s plea to use IT refunds to settle

Investors oppose Reliance Communication’s plea to use IT refunds to settle

New Delhi: Financial creditors of the debt ridden Reliance Communications on Wednesday opposed its plea to release the Income tax refunds...Read More

Supreme Court rejects contempt plea against SBI head

Supreme Court rejects contempt plea against SBI head

NEW DELHI: The Supreme Court on Wednesday dismissed the contempt case against the chairman of State Bank of India, moved by Ericsson Indi...Read More

SC holds Anil Ambani guilty of contempt, jail term on cards if Rs 453 crore not paid to Ericsson

SC holds Anil Ambani guilty of contempt, jail term on cards if Rs 453 crore not paid to Ericsson

Mumbai: In a big setback for Anil Ambani, the Supreme Court today held Reliance ADAG chairman guilty of contempt. Pleas were filed by tel...Read More

Sale of Reliance Communications assets barred till February 12

Sale of Reliance Communications assets barred till February 12

New Delhi: The NCLAT on Monday asked Reliance Communications (RCom) to not sell or transfer any movable or immovable assets till February...Read More

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