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FORTUNA PUBLIC RELATIONS
The sale of xAI comes with tax, financial and legal benefits for xAI and SpaceX investorsInstead of combining the two companies into one and fully integrating operations, Musk decided to retain xAI, which runs social media plat...- Elon Musk denies report of potential Starlink IPO in 2024The billionaire entrepreneur has previously said he intended to list Starlink when revenue growth and cash flow became smooth and predictab...
- Avaya India moves NCLT against Reliance Communications“Rcom has not paid dues for call centre services from January to September , 2017,” said legal counsel for Avaya, Abhishek Adke.
- Why last-in-queue lenders file most insolvency lawsuits in IndiaSuch parties have triggered 44 per cent of corporate insolvencies this year, according to the latest data from the Insolvency and Bankruptc...
- Reliance Communications bondholders organize after defaultReliance Comms’ dollar note investors hold only a small portion of the company’s overall debt.
- 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.
- Fitch will no longer provide ratings for Reliance Communications“Fitch has chosen to withdraw the ratings on RCom for commercial reasons,” the global rating agency said. “Accordingly, Fitch will no longe...
- Reliance Communications disputes Fortuna Public Relations' claimsFortuna Public Relations was the fifth company to file for an insolvency petition against the operator that has decided to shut its wireles...
- After Hours: PSU banks back with a bang, Wipro falls over 2%Here's a quick roundup of top stocks and sectors that made headlines in today's session.
- RCom plunges 7% after PR firm files insolvency case, Fitch withdraws ratingThe NCLT plans to hear the case on December 19.
- Fortuna PR becomes fifth company to file insolvency plea against RComMany companies have filed insolvency petitions against the Anil Ambani-owned company after its plans to merge with Aircel went off course t...
- Walmart India appoints Fortuna PR as communications advisorWalmart India is a wholly owned subsidiary of Walmart Stores Inc, the world's leading retailer, and owns and operates 21 Best Price Modern ...
- Kumar pleads guilty in Galleon caseAnil Kumar, a former McKinsey director, told a judge he leaked inside information to Galleon Group LLC founder Raj Rajaratnam over five yea...
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