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Reliance Infratel resolution plan approved by NCLT Mumbai – Jio to pick up the tower unit

The resolution Plan was approved by 100% of COC. According to the approved plan, RCom…

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Chinese banks have a lot to lose as Anil Ambani’s RCom assets may be worth a quarter of the loans

Lenders have claimed ₹49,000 crore from RCom, of which nearly a third of the claims are from ban…

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RCom's committee of creditors to meet on Monday

UV Asset Reconstruction Company is learnt to have placed a bid of around Rs 14,700 crore, while Re…

PTI   


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Supreme Court reserves order on recovery of AGR dues from insolvent telecom companies

A bench headed by Justice Arun Mishra is likely to pronounce the judgment on three counts: Stagg…

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RCom's committee of creditors to meet on Nov 20

New Delhi, Nov 19 () Reliance Communications' Committee of Creditors (CoC) will hold a meeting on N…

PTI   


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Anil Ambani is firefighting another charge that says RCom diverted funds into other group companies

The promoters of Reliance Communications (RCom) have refuted a fresh set of allegations that funds …

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Jio, UVARC emerge top bidders for RCom assets

New Delhi, Jan 14 () Reliance Communications' (RCom) assets have received bids of around Rs 25,000 …

PTI   


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RCom lenders might recover just a fourth of their loans after asset sale

The others who bid include UV Asset Reconstruction and US-based equity fund Varde Partners. …

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Two Anil Ambani Group stocks — which were trading for less than ₹1 — are buzzing again

The share prices of Anil Ambani’s Reliance Communication and Reliance Naval and Engineering (RNEL…

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Airtel and Voda-Idea could pay DoT, but what about ₹38,000 crore from defunct telcos?

It is not just Bharti Airtel and Vodafone-Idea that are affected by the Supreme Court order which w…