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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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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…

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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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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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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 …

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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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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 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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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. …

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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

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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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…

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1 min read

Reliance Jio has been Mukesh Ambani's 'dream unfulfilled' for decades

The ambitious project, called Jio, might look dreamy, but it’s a dream that the elder Ambani has be…

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1 min read

Airtel, Idea, Rcom are not going to be happy with their revenues, thanks to Reliance Jio

The top telecom players are likely to report lower earnings in January-March and also post a fa…

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1 min read

Anil Ambani: RCom, Jio have virtually merged; our voice is shared

"As far as our 100 million customers are concerned, as far as our 1 million retailers are concerned…

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1 min read

The rise and fall of Anil Ambani’s Reliance Communications

Long before Reliance Jio, around the time when millennials were mere children, Reliance Infocomm ha…

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1 min read

Meet 24-year-old Jai Anmol Ambani, who will be handling RCom and take home Rs 12 million

Anmol was appointed as the additional director by the board in August. Though, according to the rep…

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1 min read

RCom in advanced trading talks with Jio, says Anil Ambani

While addressing the shareholders at RCom’s Annual General Meeting, Ambani said that the deal with …

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1 min read

Telecom firms ready themselves for deals as Reliance Industries enter the game

The Telecom sector is preparing for a long-awaited shake-up as highly indebted players jostle for a…