The Enforcement Directorate has formally charged Reliance Communications and Reliance Infrastructure with serious financial ...
Some of the triggers that led the State Bank of India to conduct a forensic audit and classify the Reliance Communications loan account as ‘fraud’. 1. Reliance Communications (Rcom) and its two ...
HONG KONG/MUMBAI/BEIJING (Reuters) - Two major Chinese lenders plan to support a move by China Development Bank to put Indian wireless carrier Reliance Communications (RCom) into insolvency court as ...
Just days after RCom paid off Ericsson dues saving Anil Ambani from a possible jail term, his stake in the telco fell about 15% after private sector lender IndusInd Bank and Axis Trustee Services sold ...
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MUMBAI (Reuters) - Indian tycoon Anil Ambani, who controls Reliance Communications (RLCM.NS), is due to hold a media briefing on Friday in a bid to reassure investors after worries over the mobile ...
Shares of Reliance Communications Ltd lost as much as 9.47% after the Supreme Court ordered the company to pay ₹550 crore to telecom equipment company Ericsson in four weeks. Ericsson India Pvt. Ltd ...
Shares in debt-laden Reliance Communications (RCom) fell close to 50% on Monday as the Anil Ambani-owned company announced that it would seek bankruptcy protection from India’s insolvency tribunal. At ...
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RCom money laundering: Delhi HC seeks ED's reply on Sateesh Seth's plea
The Delhi High Court has sought a response from the Enforcement Directorate on a petition by ex-Reliance ADAG MD Sateesh Seth ...
Reliance Communications announced a deal that would see its tower business combine with smaller rival GTL Infrastructure RCom will demerge its tower arm, Reliance Infratel, into GTL Infrastructure and ...
NEW DELHI | MUMBAI: An appellate tribunal has vacated a stay on insolvency proceedings against Reliance Communications (RCom) and its two units, which will make the Anil Ambani-owned telco the second ...
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