Search Results for: RCom

RCom trouble: Lenders press for more collateral from Reliance Group promoters

Anil Ambani appears in court for the second successive day after Ericsson moves contempt petition amid Reliance Group stock meltdown over bankruptcy plea.

Feb 13, 2019

Reliance Power shares meltdown: Anil Ambani-led firm seeks Sebi ban on Edelweiss Securities

Anil Ambani-led company alleges market abuse after heavy erosion in market cap of group companies following the sale of shares pledged to lenders.

Feb 11, 2019

Lenders react sharply to Anil Ambani remarks on fire sale of ADAG firms' shares

Shares of Anil Ambani group companies lost Rs 14,000 crore in market cap prompting Ambani to attribute motives to the fire sale.

Feb 9, 2019

Ericsson files contempt plea against SBI chief over Rcom's Rs 550 cr dues - Report

Ericsson accuses SBI of not helping to retrieve the dues from RCom in its capacity as the lead banker during RCom's attempts to sell wireless assets to Reliance Jio.

Feb 6, 2019

RCom meltdown: Anil Ambani's pain is Mukesh Ambani's gain

Asset sale to Reliance Jio, which would have brought nearly Rs 18,000-crore to debt laden Rcom, floundered after creditors demanded payment ahead of the sale.

Feb 5, 2019

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

RCom shares plunge more than 50% after bankruptcy move

The Reliance Communications board has said it now looks at comprehensive debt resolution within the next 270 days.

Feb 4, 2019

Failing to pay debt, Anil Ambani led Reliance Communications files for insolvency

Now with RCom filing for insolvency, the company has become the latest telecom player after Aircel to do so.

Feb 2, 2019

RCom sinks deeper into the red as net loss widens to Rs 238 crore in Q3

A marginal rise in Q3 total income to Rs 1,083 crore from the preceding quarter's Rs 1,014 crore fails to buoy the bottom line

Jan 24, 2019

Double setback for RCom, Anil Ambani in legal tangle with Ericsson

After Ericsson sought arrest and detention of Ambani,RCom said on Sunday the Swedish telecom gear maker was sensationalising the issue of dues recovery and setting off a media trial.

Jan 7, 2019

Ericsson seeks arrest and detention of Anil Ambani over Rs 550 crore dues

In early October, Reliance Communications had sought 60 more days for repayment of Rs 550 crore to Ericsson.

Jan 4, 2019

Sohrabuddin case: CBI judge acquits all 22 accused in his final verdict

All the accused, who were mostly police officials from Gujarat and Rajasthan, were out on bail during the years-long trial.

Dec 22, 2018

1984 anti-Sikh riots: Ex-Congress leader Sajjan Kumar's plea seeking more time rejected

Sajjan Kumar had sought more time to surrender so he could settle some family matters, as the court ordered him behind bars for the rest of his remaining life.

Dec 21, 2018

When will 'achhe din' come for Lord Ram? Shiv Sena calls Ayodhya issue another 'jumla' for BJP

Shiv Sena said the BJP has not woken up despite its recent electoral defeats in three states.

Dec 20, 2018

Mukesh Ambani's firm ditches sibling's RCom in spectrum sale deal

DoT withholds approval to deal after Reliance Jio letter disowns liability for past spectrum dues of RCom.

Dec 19, 2018

Anil Ambani-led Reliance Group shares surge after Supreme Court verdict on Rafale deal

RCom shares surge to an intra-day high of 6.6% while other Reliance ADAG companies did well following the top court order.

Dec 14, 2018

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