You Searched For "rcom bankruptcy proceedings" 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
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
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
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…
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’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-…
4 mins read
SC asks Centre to clarify stand on why Reliance Jio be not asked to pay AGR related dues
It had asked other telecom companies under insolvency, including Aircel Limited, Aircel Cellular L…
PTI
4 mins read
Paid Rs 195 cr AGR related dues including spectrum sharing charges, Reliance Jio tells SC
A bench of Justices Arun Mishra, S Abdul Nazeer and M R Shah which would continue hearing in the m…
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 …
3 mins read
Every one of India’s biggest billionaires is dealing with the telecom crisis differently
The conglomerate with interest in businesses ranging from cement to mining and a 147-y…
4 mins read
As Reliance Jio turns three, another telecom venture of Mukesh Ambani is counting down to its end
It's been three years since Mukesh Ambani launched Jio, a business that is close to his heart. More…
1 min read
Anil Ambani’s Reliance Capital repays ₹72.6 crore loans; stock tanks
This amount includes the payment the company has made in both interest and principal. “Thi…