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HSBC DAISY MAURITIUS
NCLAT seeks Anil Ambani's reply on HSBC Daisy's contempt plea over non-payment of duesHSBC Daisy moved the appellate tribunal over alleged default of payment of Rs 230 crore by Reliance Infratel.- More queue up in SC to recover dues from Anil AmbaniA group of minority investors of Reliance Infratel led by HSBC Daisy Investments has now moved SC.
- NCLAT to hear contempt plea against Anil Ambani on February 25A two-member bench headed by Justice S.J. Mukhopadhaya said that it would hear on February 25 the contempt plea filed by HSBC Daisy Investm...
- 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 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 ...
- 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 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...
- Top stocks in focus on Friday, 23 June 2017Here is a list of top stocks that are likely to be in focus in today's trading session.
- 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 Communication signs binding pact with Brookfield for $1.6 bn tower stake saleAs per the agreement Anil Ambani owned firm will enjoy certain information and other rights, but will not be involved directly or indirectl...
- Brookfield set to seal Rs 11,000 crore RCom tower deal this weekThe Canadian fund manager, the second biggest alternate asset manager in the world, will acquire a 51% stake in the SPV while RCom will hav...
- Brookfield set to buy majority stake in Reliance Communication towers; Anil Ambani to stay on as minority partnerSources say, valuations have already been revised from an earlier Rs 21,500 crore, Brookfield is valuing the portfolio at around Rs 16,500 ...
- RCOM to sell tower, optic fibre biz to PE firms for Rs 30,000 croreRCOM intends to utilise the proceeds of the proposed transaction to reduce its debt, which is estimated at about Rs 40,000 crore.
- Reliance Communications likely to announce stake sale in Reliance InfratelThe sale of RCOM’s stake in Reliance Infratel to a private equity player would likely mark its complete exit from the telecom tower busines...
- 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.
- Reliance Communications on course to exit from telecom tower business“Final binding bids and financial commitment and closure of the deal is, therefore, expected to be in another two weeks from then, around O...
- Anil Ambani-owned Reliance Communications looks to sell 51% stake in Reliance InfratelReliance Infratel, with some 45,000 towers and over 120,000 km of intra- and inter-circle fibre, trails Indus Towers and Bharti Infratel.
- 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...
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