Reliance Communications has stated that any action taken by Union Bank of India to identify the telco's loan accounts as fraudulent is not ...

“…the board of directors of two wholly owned RCom subsidiaries, RRL and CPL (referred to as `selling companies’) have vide their respective...

RCom's September quarter numbers marked the second highest loss posted by any Indian corporate till date.

RP petitioned for an extension as its 180 days period to complete RCom's resolution would get over in Oct.

Anil Ambani-led Rcom is presently going through Corporate Insolvency Resolution Process.

Money was paid by Reliance Communications to Ericsson under Supreme Court order.

The claim will be among the highest demanded from companies that have gone for insolvency.

NCLT will now hear the insolvency case on May 7 and appoint an IRP to manage the company – under a debt of some Rs 46,000 crore.

Ericsson started insolvency proceedings against RCom in 2017 over non-payment of dues of over Rs 1,500 cr.

RCom has pleaded the tribunal to go ahead with insolvency proceedings against it as it is unable to pay dues to its lenders.

Ericsson insists it should be allowed to close insolvency proceedings against RCom. RCom is resisting the move.

If the tribunal goes ahead with its threat, the payment to Ericsson will be left in the lurch.

RCom requested that Rs 260 crore of tax refunds held in a trust fund by lenders be released on behalf of the telco to pay Swedish telecom g...

RCom even failed to sell spectrum to Mukesh Ambani's Reliance Jio, a deal that was expected to bring some relief to the cash-strapped compa...

Battle between Ericsson and RCom has been raging for more than a year over settlement of Rs 550 crore

Ericsson had earlier told the tribunal that RCom had not paid its dues for past two years and only a few postdated cheques had been given.

Two months back, the court had rejected Ericsson’s right to object to admitting the merger application of Aircel and RCom as the amount it ...