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HSBC DAISY INVESTMENTS
NCLAT disposes of contempt plea against Reliance InfratelThe six-month period has come to an end following which HSBC Daisy and other nine minority shareholders holding 4.26 per cent stake in Reli...
RCom arm clears Rs 1,400 crore hurdle to seal spectrum deal with JioA Supreme Court bench headed by Justice Rohinton F Nariman had asked DoT to approve RCom’s spectrum deal with Jio within seven days of rece...
TDSAT rejects DoT’s plea for bank guarantees from RComDoT says it can’t accept land as a guarantee, and instead is pressing for bank guarantees.
Reliance Communications spectrum sale to Jio may hit surety snagWith DoT unlikely to accept land as guarantee, Anil Ambani's hopes of a brotherly bailout are fading fast.
RCom shares jump over 4% on settlement talkThe NCLAT is scheduled to hear RCom and Ericsson dispute later today.
RCom reaches pact with minority investors of Infratel; moves closer to truce with EricssonA truce between Ericsson and the telco appeared imminent, with both sides veering towards Rs 600-700 crore as settlement amount that would ...
NCLT admits Ericsson's bankruptcy plea against RCom, subsidiariesReliance Infratel, the tower subsidiary of Rcom, is also battling HSBC Daisy Investments & other minority shareholders opposing sale of the...
Desperately need to sell towers & fibre in public interest, Reliance Infratel tells NCLATThe case will be heard next on May 14, and then HSBC Daisy Investments and minority shareholders will argue their side on May 16 and 17.
Stay on RCom tower, fibre sale continues till April 23 after NCLAT recalls earlier orderThe Appellate court will now hear the matter of RCom seeking removal of the stay on the sale of those assets which was issued by the Nation...
Supreme Court stays NCLAT order that allowed Reliance Communication to sell tower assetsThe apex court on Monday agreed to hear the plea of HSBC Daisy Investments and some other minority shareholders who have about 4% stake in ...
HSBC Daisy Investments, shareholders move SC against NCLAT stay order on Reliance Infratel's asset saleThe NCLAT on Friday had vacated stay on Anil Ambani-led Reliance Communications' unit that restrained the company from selling its mobile t...
Supreme Court lets Reliance Communications sell spectrum & realty to Reliance Jio to pare debtRCom in December signed agreement with Reliance Jio to sell spectrum, mobile towers, fiber network and Media Convergence Node (MCN).
NCLT continues stay on sale of Rcom towers, fibreRcom is in the process of selling its tower and optic fibre assets to Jio for Rs 8000 crore, of which Rs 5,000 crore would be for the tower...
Another setback for Anil Ambani, NCLT stays sale of Reliance Infratel assetsThis is the second hurdle for RCom in its attempt to cut Rs 45,000 crore of debt. An arbitration tribunal stalled RCom’s asset sale plan on...
Global PEs back Reliance Communications' plan to sell stake in tower arm to BrookfieldLast October, RCom had inked a non-binding pact with Brookfield Infrastructure Group to sell a majority 51% stake in Reliance Infratel for ...
Reliance Communications set to announce tower stake sale, valued at Rs 22,000 crore: Sources"The deal will be announced within a couple of days, and will value Infratel at around Rs 22,000 crore," one of the people said.
R-Com, private equity investors spar over Reliance Infratel's valuationThe PE investors want to sell their less than 4% stake in Reliance Infratel back to the promoter because they oppose its merger with anothe...