RCom against closing insolvency plea, Ericsson wants it withdrawnEricsson insists it should be allowed to close insolvency proceedings against RCom. RCom is resisting the move.
29 Mar, 2019, 06.28 AM IST
RCom-Ericsson case: NCLAT declines to direct SBI to release Rs 259 croreThe order is a setback for Ambani, who now has only time till Tuesday to pay dues to Ericsson to escape jail.
16 Mar, 2019, 07.35 PM IST
Refuse to believe Rcom will let Anil Ambani go to jail, says SBIArguing for SBI, senior counsel NK Kaul reiterated that RCom had no right to have its dues paid by the Rs 260 crore “public money” held in ...
13 Mar, 2019, 07.40 PM IST
The call Anil Ambani never got from JioThe Supreme Court had directed DoT to approve RCom’s pact to sell spectrum to Jio after a Rs 1,400 crore guarantee.
22 Feb, 2019, 09.42 AM IST
SBI chief faces Ericsson contempt pleaThe Swedish co has dragged in the lead banker of RCom dues case & filed a third petition against Anil Ambani.
06 Feb, 2019, 08.31 AM IST
RCom accuses Ericsson of ‘distorting’ facts with contempt petitionIn its statement, the telecom operator, which is struggling to repay some Rs 46,000 crore of debt, said the Swedish company’s conduct “grav...
07 Jan, 2019, 08.07 AM IST
Can’t settle Ericsson dues of Rs 550 cr by given deadline: RCom tells SCRCom blames government for its inability as DoT has not yet cleared its spectrum sale to Jio.
13 Dec, 2018, 08.32 AM IST
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.
08 Oct, 2018, 11.15 AM IST
Ericsson targets RCom in SC hearing; Telco seeks 10 more days to settle duesEricsson has been pushing for an immediate payment of Rs 550 crore by Reliance Communications, which did not keep the September 30 deadline.
04 Oct, 2018, 11.49 PM IST
Reliance Communications may complete Rs 25,000-cr assets sale by Aug-end; to pay Ericsson Rs 550 croreReliance Communications in a regulatory filing said that it has "agreed to pay a settlement amount of Rs 550 crore to Ericsson on or before...
06 Aug, 2018, 04.40 PM IST
RCom shares jump over 4% on settlement talkThe NCLAT is scheduled to hear RCom and Ericsson dispute later today.
30 May, 2018, 09.46 AM IST
RCom, Ericsson talks hit fresh hurdle, but Anil Ambani may find an escape hatchEricsson is driving a hard bargain to recover its RCom dues. But experts said changes in the insolvency law may come to the rescue of the b...
25 May, 2018, 04.09 PM IST
Reliance Communications, Ericsson in talks to settle dues outside NCLTA third person said that the latest settlement amount being discussed is around Rs700 to Rs800 crore, after Ericsson rejected an initial of...
17 May, 2018, 11.40 PM IST
NCLT gives Reliance Communications and Ericsson a week’s time to negotiateEricsson had earlier told the tribunal that RCom had not paid them their dues for the past two years and only few post-dated cheques were g...
10 Mar, 2018, 10.51 AM IST
NCLT to hear Ericsson's RCom insolvency petition on November 9Two months back, the court had rejected Ericsson’s right to object to admitting the merger application of Aircel and RCom as the amount it ...
06 Oct, 2017, 05.46 PM IST
NCLT to hear Ericsson's insolvency petition against RCom on October 6First round of talks between Ericsson and RCom have been inconclusive, with the Swedish equipment maker sticking to its stand on dragging t...
26 Sep, 2017, 08.08 PM IST
Looming bankruptcy: Ericsson stays firm, seeks dues from Reliance CommunicationsEricsson said it expected Rs 550 crore to be paid upfront because RCom had promised them that amount in different stages of the process but...
21 Sep, 2017, 08.50 AM IST