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RELIANCE JIO INFRATEL
SC restores Exim Bank of China, others as financial creditors in Reliance Infratel's insolvency processThe Supreme Court reinstated China Development Bank and others as financial creditors in Reliance Infratel's insolvency case, overturning a...- Jio proposes to deposit Rs 3,720 crore in escrow account to acquire RCom's tower, fibre assetsJio's subsidiary Reliance Projects and Property Management Services in an application before NCLT last month said that the company is commi...
- State Bank of India moves to remove Reliance Infratel’s fraud tagThe move comes days after Reliance Jio Infocomm, the designated buyer of Infratel’s assets, had moved the bankruptcy court to seek forensic...
- Reliance Infratel ‘fraud’ tag to go after sale: LendersIn a bid to get the resolution of Anil Ambani’s Reliance Infratel back on track, lenders led by SBI have said that the ‘fraud’ tag on the c...
- Jio seeks Reliance Infratel's forensic audit reports, moves bankruptcy courtThe probe, which looked at transactions between May 2017 and March 2018, found three large entries buried under hundreds of thousands of ot...
- Jio drags Reliance Infratel back to NCLT, seeks audit reports from lendersThe bench directed Jio to furnish application copies to all parties and asked them to file their replies and adjourned the hearing to June ...
- NCLT gives nod to Doha Bank petition on Reliance Infratel resolutionUnder the plan approved by NCLT, lenders may recover less than Rs 4000 crore through the resolution plan of Reliance Infratel. Some 13 of t...
- Jio proposes Rs 6,127 crore resolution plan for Reliance InfratelJio tabled the resolution plan in the National Company Law Tribunal on Monday and said it had additionally paid Rs 250 crore for asset main...
- NCLAT dismisses I-T dept plea against Reliance Jio on demerger of tower, fiber unitsThe Ahmedabad-bench of National Company Law Tribunal (NCLT) had earlier this year granted permission to the composite scheme of arrangement...
- Brookfield Infrastructure Partners to pump Rs 25,215 crore into Reliance’s tower assetsA wholly owned RIL unit to invest the amount in Tower Infrastructure Trust that will own 100% of equity capital of Reliance Jio Infratel
- Jio Infratel may raise Rs 10,000 crore post Brookfield DealAs per analysts, Jio’s parent RIL said it is making good progress to monetise Jio Digital Fibre under a similar deal structure, although it...
- Brookfield-led team to buy out Jio's tower arm in multi-stage dealProceeds will allow Mukesh Ambani-led RIL reduce debt & free up cash to take on rivals Airtel and Voda Idea.
- Brookfield, Reliance inch closer to a towering dealApart from Brookfield, RIL chief Mukesh Ambani is likely to invest in Jio’s towers in his personal capacity.
- Jio gets NCLT 'Ok' to demerge fibre, tower assetsThe company is seeking regulatory approvals for demerging the fibre and tower businesses into Jio Digital Fibre Pvt Ltd and Reliance Jio In...
- 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...
- Bharti Infratel proves a better choice for investors than India's telecommunications sectorBharti Infratel will benefit from an expected investment surge as operators are likely to augment their data offerings using the airwaves i...
- Bharti Infratel not to gain from Reliance Jio deal immediatelyCheered by its deal this week to rent out towers to Reliance Jio Infocomm, investors drove Bharti Infratel's shares up 8% in two days.
- Bharti Infratel hits 52-week high on tower deal with Reliance JioBharti Airtel also managed to rally over 1 per cent in early trade. The stock pared some of the gains and was trading 0.4 per cent higher a...
- Mukesh Ambani-owned Reliance Jio Infocomm, Bharti Infratel sign tower sharing agreementReliance Jio Infocomm today signed an agreement with Bharti Infratel to utilise the latter's tower infrastructure.
- Bharti Infratel in talks with RIL for tower sharingEnergy-focused RIL took a step closer to launching 4G telecom services with a deal to lease undersea cable capacity from Bharti Airtel.
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