Search Results for: RCom

Digital India gets a boost as government sets 100-day horizon for 5G trials

India will join a select band of countries with commercial 5G-grade communication services; Ravi Shankar Prasad pushes for spectrum auction this year for the first time after 2016.

Jun 3, 2019

Claims for up to Rs 1 lakh crore may hit Anil Ambani-led RCom in bankruptcy case

Domestic and international lenders, operational creditors, government agencies, and telecom tower companies have started filing claims ahead of May 21 deadline.

May 13, 2019

reliance communications, anil ambani, rcom debt default, rcom loan default, rcom downgrade, rcom share price, adag, indian telecom sector

How will Anil Ambani raise Rs 14,000 crore needed to save Reliance Capital?

Reliance Capital's cash reserves have dwindled and the firm hit by exposure to other floundering entities of the group is trying to raise funds from asset sales.

May 4, 2019

Voters in Punjab, Kerala, Andhra Pradesh and Tamil Nadu prefer Rahul Gandhi over PM Modi

PM Modi has the maximum positive lead over Rahul Gandhi in Haryana (61.50 per cent).

Apr 21, 2019

Anil Ambani's RCom in limbo as deal with Mukesh's Jio snaps; court cases drag on

Telecom operator scrapped Rs 7,300-crore spectrum sales deal with Jio after DoT refused nod for transfer amid mounting dues of unpaid license fees.

Apr 20, 2019

Reliance Communications denies France waived taxes for Anil Ambani-led company

Reliance Communications rubbished a media report which claimed that taxes to the tune of 143.7 million euro were waived by the French authorities.

Apr 13, 2019

Mukesh Ambani helped his younger brother Anil Ambani to pay off debt owed to Sweden's Ericsson

RCom insolvency: Ericsson in legal bind as NCLAT hints at lifting stay on case

Appellate company law court observes Ericsson will have to return to RCom Rs 550 crore it got following contempt proceedings in the Supreme Court if the stay on bankruptcy proceedings is lifted.

Apr 9, 2019

Mukesh and Anil Ambani: A storied billionaire sibling rivalry is finally ending?

In one of the quirks of destiny, while the wealth of Mukesh grew exponentially, Anil saw his riches dwindling over the years.

Mar 19, 2019

Anil Ambani invokes 'family values' after elder brother Mukesh saves him from jail

On Monday, RCom paid the Swedish company Rs 4.6 billion, which also received an additional Rs 30 million from the Supreme Court's registry that the Anil Ambani-led firm had deposited as penalty interest.

Mar 19, 2019

The rise and fall of Anil Ambani: Here's how things became worse for world's 6th richest person

As per Forbes valuation, the younger son of industrialist Dhirubhai Ambani was listed as the world's sixth richest person in 2008. In just a decade, he is now struggling to save his reputation.

Mar 16, 2019

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, smiles as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018.

Mukesh Ambani's e-commerce foray: Shoppers hope for high-volt Diwali fireworks

E-commerce industry relishes the prospect of intense competition with Reliance Retail's entry into the market space already lit up by the intense rivalry between Amazon and Flipkart.

Mar 7, 2019

Ericsson case: Anil Ambani guilty of contempt, directed to pay Rs 453 crore or face 3 months jail

Banks may refuse to release funds to save Anil Ambani jail time

Lenders' boards may not allow RCom's request for releasing Rs 260-crore tax refund held in escrow account for paying off Ericsson after Supreme Court verdict.

Feb 23, 2019

Anil Ambani set to exit mutual fund biz with Reliance Capital stake sale

Company invites foreign partner Nippon Life Insurance to acquire entire 43% stake in Reliance Nippon Life Asset Management

Feb 22, 2019

What's Anil Ambani's net worth? Quicksilver erosion of $43 bln over a forgettable decade

Anil Ambani's net worth shrunk from $45 billion to $1.7 billion in 2019 and his flagship company RCom is burdened with Rs 45,000 crore debt.

Feb 21, 2019

Ericsson case: Anil Ambani guilty of contempt, directed to pay Rs 453 crore or face 3 months jail

Ericsson had filed the case against Anil Ambani in 2018 for not clearing its dues of Rs 550 crore.

Feb 20, 2019

1 2 3 4 5 6 7 8 9 10 Next