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RCOM INSOLVENCY NEWS
Bombay HC dismisses Anil Ambani’s petition against SBI’s ‘fraud’ classification to RCom loan accountThe Bombay High Court dismissed Anil Ambani's writ petition challenging the State Bank of India's decision to classify Reliance Communicati...- Bombay HC dismisses Anil Ambani’s plea against SBI classifying his loan account as fraudThe Bombay High Court dismissed Anil Ambani's plea challenging SBI's classification of his and Reliance Communications' loan accounts as "f...
- Reliance Communications shares drop 2% on ‘fraud’ notice from Central Bank of IndiaReliance Communications shares fell after receiving a show-cause notice from the Central Bank of India proposing to classify Rs 400 crore o...
- Anil Ambani’s Reliance responds after ED raids 35 sites in Rs 3,000 cr money laundering probeThe Enforcement Directorate raided 35 locations linked to Anil Ambani’s Reliance Group in a ₹3,000 crore money laundering probe tied to YES...
- NCLT orders urgent implementation of Reliance Infratel resolution planAs per the orders of the NCLT made public on Wednesday, the court allowed Jio’s arm, Reliance Project and Property Management Services Ltd ...
- Unraveling of Reliance Capital shows why RBI hates big business in bankingThe unraveling of Reliance Capital Ltd. shows why the Reserve Bank of India remains reluctant to allow big business groups into mom-and-pop...
- Supreme Court orders payment of AGR dues over a period of 10 yearsThe government had sought a 20-year time frame for telcos to pay back their balance AGR dues, while the two most affected telcos- Vodafone ...
- The $41 billion wealth gap that divides Mukesh and Anil AmbaniThe tale of the brothers' diverging fortunes began 16 years ago, when their father died without a will.
- India’s richest brothers and how they grew $41 billion apartThe group’s profitable financial services firm Reliance Capital Ltd. has also seen its shares decline this year
- RCom confirms it's in advanced talks with Ericsson to settle duesRCom said it is confident of speedily proceeding with its plan to sell wireless assets to Reliance Jio for Rs 18,000 crore to pare its Rs 4...
- Weekly roundup: Bombay Rayon, Idea and Varun Beverages among top stocks that hogged limelightMetal, consumer durables and capital goods sectors made handsome gains last week.
- ETMarkets Morning Podcast: What's buzzing on D-Street this morning?Nifty futures on the Singapore Stock Exchange were trading higher singing the same tone and indicating a positive start for Nifty in India.
- Reliance Jio to buy out RCom’s wireless assetsThis agreement also came about a decade after the brothers divided the Ambani empire between with them, with the telecom interests going to...
- Chinese lenders may take 70% in RCom's Dhirubhai Ambani Knowledge CityBids from builders like Hiranandani and Godrej Properties have been received to build the complex, according to people close to the ongoing...
- This Rakesh Jhunjhunwala stock surged over 15% last week; 52 stocks hit all-time highsSectorwise, the BSE Metal index tanked 4 per cent, followed by BSE PSU index and BSE IT.
- Reliance Communications told bondholders they're on par with lenders: CitigroupBondholders told they will be treated the same as bank lenders in terms of their ability to recover funds.
- Tariffs are at bottom in telecom and cannot get worse: Dipen Sheth, HDFC Securities“Jio can continue to with its irrational pricing for next five years to gain marketshare”
- ETMarkets Podcast: What will sway your market today?Early morning Nifty50 futures on the Singapore Stock Exchange were trading 10 points higher, indicating a flat to positive start for the do...
- 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...
- 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...
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