You Searched For "RCom bankruptcy" and got 18 results
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1 min read
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…
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 …
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…
2 mins read
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…
2 mins read
Supreme Court reserves order on recovery of AGR dues from insolvent telecom companies
A bench headed by Justice Arun Mishra is likely to pronounce the judgment on three counts: Stagg…
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…
1 min read
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. …
2 mins read
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…
2 mins read
Airtel and Voda-Idea could pay DoT, but what about ₹38,000 crore from defunct telcos?
It is not just Bharti Airtel and Vodafone-Idea that are affected by the Supreme Court order which w…
1 min read
'RCom creditors approve Rs 23,000 cr asset sale plan to Jio, UVARCL'
"Loans of Chinese lenders will reduce by nearly 65 per cent to around Rs 4,000 crore from around Rs…
PTI
1 min read
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…
1 min read
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 …
2 mins read
Banks will have to pay price if any telco files for bankruptcy: SBI Chairman
"If there is a negative impact on any enterprise, it impacts a larger ecosystem, whether it is ban…
PTI
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…
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-…
1 min read
SBI takes Anil Ambani to NCLT to recover Rs 1,200 cr
A spokesperson of Anil Ambani in a statement said: "The matter relates to a corporate loan availed…
PTI
1 min read
US court approves GCX restructuring plan
New Delhi, Dec 5 () Undersea cable firm Global Cloud Xchange, formerly a Reliance Communications' a…
PTI
1 min read
Ericsson may have to repay its entire settlement with interest if Anil Ambani’s company is sent for liquidation
Hearing the RCom-Ericsson case, a judicial bench at the National Company Law Appellate Tribunal …