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RCOM SUPREME COURT
CBI arrests former CEOs of RCFL, RHFL in Reliance ADA Group loan diversion case; Rs 7,623 cr loss to PSBsAccording to the CBI, the two former executives are accused of causing a combined wrongful loss of Rs 7,623 crore to public sector banks. I...- SBI seeks Supreme Court review of spectrum ruling in Aircel case, warns of banking and IBC risksSBI has moved the Supreme Court seeking review of its February 13 ruling that barred telecom spectrum from being treated as an asset under ...
- Reliance Comm liable to pay SSTL AGR dues, DoT identifies combined liability worth more than Rs 25k crIn February 2019, RCom filed for insolvency. Under the proceedings, the DoT has claimed nearly Rs 30,000 crore in dues from RCom, of which ...
- Reliance Communications lenders to seek Rs 580 crore from Ericsson claiming violation of IBCMoney was paid by Reliance Communications to Ericsson under Supreme Court order.
- Mukesh Ambani rescues Anil, pays Ericsson Rs 462 crore duesMy sincere and heartfelt thanks to my respected elder brother, Mukesh, and Nita, says Anil Ambani.
- 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.
- 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.
- RCom requests "urgent approval" from lenders to release Rs 260 crore for payment of Ericsson duesThe company said it is confident of raising balance Rs 200 crore within four weeks to pay back dues to Ericsson according to apex court ord...
- Ericsson won’t accept settlement from RCom without SC directionThe Supreme Court has reserved orders on Ericsson’s contempt petitions against RCom and its chairman Anil Ambani .
- 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.
- Reliance Communications asks TDSAT to confirm spectrum dues are not Jio’sThe Supreme Court bench on Friday adjourned the case for three weeks after learning about the application filed by the Anil Ambani-owned te...
- Ericsson seeks jail for RCom Chairman Anil Ambani unless dues clearedThe Swedish firm said Ambani should not be allowed to travel overseas and sought his detention in civil prison.
- Reliance Communications, Reliance Telecom have just Rs 19 crore in accountsRCom informed the Delhi HC that it has Rs 17.86 crore in 119 bank accounts, while RTL has over Rs 1.48 crore.
- Supreme Court grants Reliance Communications till Dec 15 to pay EricssonThe court has also directed that RCom will have to pay Ericsson an additional payment, calculated at 12% per annum of the due amount for no...
- TDSAT rejects DoT’s plea for bank guarantees from RComDoT says it can’t accept land as a guarantee, and instead is pressing for bank guarantees.
- Ericsson files contempt plea against Anil Ambani over duesSwedish co moves SC after rejecting RCom’s request for 60-day extension to deadline.
- RCom requests Supreme Court to quash insolvency process, allow asset saleThe Anil Ambani-owned telco told the top court that the value of its assets is getting eroded if these clauses are not removed since buyers...
- NCLAT vacates stay on Reliance Infra’s tower, fibre saleThe order comes a day after the SC gave a partial relief to RComm on Thursday, allowing it to sell most of its assets to Mukesh Ambani-owne...
- Confident about expeditious completion of asset sale plan: RComThe comments follow the Supreme Court order earlier in the day that status quo be maintained on RCom's sale of certain assets to Reliance J...
- Supreme Court to hear RCom case against Bombay HC decision on ThursdayRCom moved the SC last week, after the Bombay HC dismissed its appeal against an arbitration tribunal ruling to bar the sale or transfer of...
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