China approves $700 million loan to Pakistan: Finance Minister Ishaq DarThe credit facility, extended through the state-owned China Development Bank, comes as Pakistan is thrashing out a deal with the Internatio...
SpiceJet settles dispute with Credit SuisseLow-cost carrier SpiceJet on Wednesday said that it has signed and concluded the settlement and consent terms with Credit Suisse in a pendi...
SpiceJet settles $24 million financial dispute with Credit SuisseThe airline said that the documentation process of the settlement terms is underway. Notably, the process involves payment of the settlemen...
Lenders come to Anil Ambani's rescue, to pay RCom's Rs 774 cr spectrum dues to DoTLenders agreed to pay Rs 774 crore of deferred spectrum charges for RCom to prevent further litigation in the Anil Ambani-owned company’s d...
China Development Bank withdraws insolvency petition against Reliance CommunicationsSenior counsel Darius Khambatta said that since RCom’s asset monetisation plan is upto March 2018, CDB is accommodating for the benefit of ...
RCom surges 7% as CDB seen withdrawing insolvency filingCDB moved the NCLT in November against RCom and its subsidiary Reliance Telecom for its dues.
China Development Bank plans to withdraw plea against Reliance CommunicationCDB has already received some payment and is happy with the deal it is being offered, said a person familiar with the matter.
Ericsson ropes in CDB counsel Darius Khambata in fight against RComEricsson had earlier told the tribunal that RCom had not paid its dues for past two years and only a few postdated cheques had been given.
China Development Bank takes Reliance Communications to bankruptcy courtThe Anil-Ambani owned company owes close to Rs 9,000 crore to the bank.
NCLT approves Reliance Communications-Aircel merger, Brookfield dealThe NCLT also allowed Reliance Communications (RCOM) tower arm 51 per cent stake sale to Brookfield for Rs 11,000 crore.
Reliance Communications-Aircel merger: NCLT to take call on admitting case todayDoT told the tribunal that it would be appropriate for Aircel & RCom to take permission from SC since the issue with regard to 2G spectrum ...
China Development Bank puts a spanner in Aircel-RCom mergerAircel had sourced equipment from Chinese vendors such as Huawei and ZTE, which are backed by loans from the Chinese banks like CDB.
We're not here to make foes, says ZTE CEO Xu DejunZTE has excellent relationship with the China Development Bank (CDB) and we would be happy if there are some cooperation between CDB and Es...
- Reliance Communications pays $1.18 bn to redeem outstanding Foreign Currency Convertible Bonds
Reliance Comm today said it has paid USD 1.18 billion (Rs 5,825 crore) for redemption of its outstanding Foreign Currency Convertible Bonds.
- Reliance Communications gets Rs 1,780 crore as second tranche from China Development Bank
The facility includes Rs 6,000 crore for refinancing 3G spectrum fee payments by RCOM and Rs 2,700 crore for equipment imports from Chinese...
- Reliance Communications gets Rs 3,000 cr as first tranche from China Development Bank
Terming the loan as the largest in the history of telecom sector, the company said the balance drawdown is expected shortly.
- Coconut board seeks to spread cluster model in more states
Encouraged by its success in enhancing productivity (CDB) is extending the popular coconut cluster programme to more coconut producing area...