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You Searched For "Anil Ambani RCom" and got 19 results


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Reliance Infratel resolution plan approved by NCLT Mumbai – Jio to pick up the tower unit

The resolution Plan was approved by 100% of COC. According to the approved plan, RCom…

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Chinese banks have a lot to lose as Anil Ambani’s RCom assets may be worth a quarter of the loans

Lenders have claimed ₹49,000 crore from RCom, of which nearly a third of the claims are from ban…

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4 mins read

Mukesh Ambani's strategy with Reliance Jio is avoiding Anil Ambani's mistakes with RCom

A bet on the wrong technology meant extra investments, which coincided with the global econ…

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2 mins read

Anil Ambani is firefighting another charge that says RCom diverted funds into other group companies

The promoters of Reliance Communications (RCom) have refuted a fresh set of allegations that funds …

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RCom chairman Anil Ambani, 4 other directors resign

New Delhi, Nov 16 () Reliance Communications Chairman Anil Ambani along with four directors have re…

PTI   


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RCom loans: Anil Ambani claims no personal guarantee given to three Chinese banks

Anil Ambani said he was defending himself against the claims by both SBI and the Chinese banks and…

PTI   


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RCom lenders reject resignation of Anil Ambani, 4 other directors

New Delhi, Nov 24 () Reliance Communications on Sunday said its lenders have rejected the resignati…

PTI   


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The creditors of Anil Ambani’s cash-strapped Reliance Communications are finally making it undergo bankruptcy proceedings

RCom owes around 31 creditors - mainly the State Bank of India - around ₹500 billion. The ca…

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Two Anil Ambani Group stocks — which were trading for less than ₹1 — are buzzing again

The share prices of Anil Ambani’s Reliance Communication and Reliance Naval and Engineering (RNEL…

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RCom lenders might recover just a fourth of their loans after asset sale

The others who bid include UV Asset Reconstruction and US-based equity fund Varde Partners. …

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Bharti Airtel treads where Reliance Jio is measuring its steps – RCom’s assets

However, many expected his brother Mukesh Ambani’s Reliance Jio to bid for the spectrum, fii…

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RCom’s lenders will ask Ericsson to pay back ₹580 crore, says report

According to sources, the payment made to Ericsson comes under ‘preferential transaction’ under …

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2 mins read

Mukesh Ambani may now have a reason to buy Anil Ambani's bankrupt RCom, say reports

This March, Reliance Industries had to go back on its plans to buy Reliance Communications d…

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2 mins read

Missed loan payments force banks to red flag Anil Ambani's Reliance Communications

SMA means loans with overdue interest payment from borrowers, marked SMA 1 if a loan isn't servi…

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RCom refuses to accept Moody’s and Fitch rating downgrades

The fall in shares accelerated the firm's losses in the past month to around 38%. It add…

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RCom’s unpaid loans could be termed NPAs, and banks are worried

In the recent past, three rating firms have downgraded the company's debt because of missed paym…

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2 mins read

Mukesh Ambani’s Reliance Jio decides that it may be too expensive to give brother Anil Ambani’s RCom a lifeline after all

As a consequence of this, the India’s Department of Telecommunications (DoT) has denied a no-…

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2 mins read

Anil Ambani’s RCom secures extension on crucial debt payment, avoiding bankruptcy and keeping hopes of a bailout alive

India’s Supreme Court has granted a reprieve to Anil Ambani’s Reliance Communications (RCom), gi…