Anil Ambani Debt
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Prized Assets That Nirav Modi, Vijay Mallya, Anil Ambani May Lose In Dues
Weeks after India's criminal enforcement bureau announced a second auction of the prized personal possessions of fugitive jeweler Nirav Modi including his favorite watch and his Rolls Royce Ghost, the United Kingdom High Court recently asked Anil Ambani to deposit $100 million of his personal wealth to partially pay back debt due to a trio of Chine...
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Reliance Industries' Mukesh Ambani Provides 'Support' to Brother Anil as Ericsson Debt Paid Off
Reliance Communications said the requisite payment had been made to Ericsson to comply with an Indian Supreme Court judgement.
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Reliance Communications Moves Appellate Court to Withdraw Ericsson Appeal
RCom said on Friday it will seek fast-track resolution of its debt through the National Company Law Tribunal (NCLT), the country's court that deals with bankruptcy cases.
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Why We Chose Anil Ambani's Firm Despite Massive Debt: Dassault Sources
Dassault, one of the world's most established and experienced defence manufacturers, picked Anil Ambani's debt-ridden firm as a partner in India, "because it was registered with the MCA (Ministry of Corporate Affairs) and had land in Nagpur which provided access to the runway," said top sources at the French firm, speaking to NDTV on the condition ...
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RCom Soars 25% For Second Consecutive Day On Debt-Reduction Plan
RCom said the new plan would involve no write-offs by lenders or bondholders, nor conversion of debt to equity.
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RCom Announces New Debt Reduction Plan Without Write-Offs
The reduction would allow the company to provide "zero" write-offs to lenders and bondholders, as well as no conversion of debt to equity, Anil Ambani told a news conference.
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Two More Banks In Fray To Recover Debts From Reliance Communications
Two major Chinese lenders plan to support a move by China Development Bank to put RCom into insolvency court.
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Opinion: The Contrasting Telecom Fortunes Of Mukesh And Anil Ambani
Mukesh Ambani, India's richest man, sold 10-year dollar notes at just 130 basis points over U.S. Treasuries on Monday. None of the existing debt of Indian nonfinancial issuers, including state-owned firms, was raised this cheaply, according to Bloomberg News reporters Carrie Hong and Neha D'silva.
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Anil Ambani Telecom Is High-Profile Default On International Debt
It's India's most high-profile default on international debt since the nation's insolvency and bankruptcy code was passed in May 2016.
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Reliance Communications To Sell Big TV To Trim Debt
Veecon Media & Television will buy 100% equity stake in Reliance Big TV Ltd.
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RCom to Stop Voice Calls From December 1, Subscribers Can Port Till December 31
RCom, reeling under debt of around Rs. 46,000 crores, decided to shut down its voice call services after it failed to close its wireless business merger deal with Aircel.
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New Challenge For Lenders To Anil Ambani's Telecom And Its $7 Billion Debt
Last week, Reliance Communications Ltd. proposed banks convert about 15 percent of the loans owed to them into a 51 percent stake, a move facilitated by the central bank's Strategic Debt Restructuring program.
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Anil Ambani's RCom To Shut Voice Calls In A Month. Here's Why
The Anil Ambani-led Reliance Communications is under a debt of around Rs.46,000 crore.
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Reliance Communications Says It's Agreed To New Loan Repayment Plan
RCom said it would repay lenders an additional Rs 10,000 crore through the sale and commercial development of its real estate near Mumbai and in eight other cities.
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Reliance Communications Blames 'New Operator' Reliance Jio for Industry's Financial Woes
Anil Ambani-led Reliance Communications on Tuesday blamed "freebies" offered by a new telecom operator - an apparent reference to Mukesh Ambani-run group firm Reliance Jio.
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Prized Assets That Nirav Modi, Vijay Mallya, Anil Ambani May Lose In Dues
Weeks after India's criminal enforcement bureau announced a second auction of the prized personal possessions of fugitive jeweler Nirav Modi including his favorite watch and his Rolls Royce Ghost, the United Kingdom High Court recently asked Anil Ambani to deposit $100 million of his personal wealth to partially pay back debt due to a trio of Chine...
-
Reliance Industries' Mukesh Ambani Provides 'Support' to Brother Anil as Ericsson Debt Paid Off
Reliance Communications said the requisite payment had been made to Ericsson to comply with an Indian Supreme Court judgement.
-
Reliance Communications Moves Appellate Court to Withdraw Ericsson Appeal
RCom said on Friday it will seek fast-track resolution of its debt through the National Company Law Tribunal (NCLT), the country's court that deals with bankruptcy cases.
-
Why We Chose Anil Ambani's Firm Despite Massive Debt: Dassault Sources
Dassault, one of the world's most established and experienced defence manufacturers, picked Anil Ambani's debt-ridden firm as a partner in India, "because it was registered with the MCA (Ministry of Corporate Affairs) and had land in Nagpur which provided access to the runway," said top sources at the French firm, speaking to NDTV on the condition ...
-
RCom Soars 25% For Second Consecutive Day On Debt-Reduction Plan
RCom said the new plan would involve no write-offs by lenders or bondholders, nor conversion of debt to equity.
-
RCom Announces New Debt Reduction Plan Without Write-Offs
The reduction would allow the company to provide "zero" write-offs to lenders and bondholders, as well as no conversion of debt to equity, Anil Ambani told a news conference.
-
Two More Banks In Fray To Recover Debts From Reliance Communications
Two major Chinese lenders plan to support a move by China Development Bank to put RCom into insolvency court.
-
Opinion: The Contrasting Telecom Fortunes Of Mukesh And Anil Ambani
Mukesh Ambani, India's richest man, sold 10-year dollar notes at just 130 basis points over U.S. Treasuries on Monday. None of the existing debt of Indian nonfinancial issuers, including state-owned firms, was raised this cheaply, according to Bloomberg News reporters Carrie Hong and Neha D'silva.
-
Anil Ambani Telecom Is High-Profile Default On International Debt
It's India's most high-profile default on international debt since the nation's insolvency and bankruptcy code was passed in May 2016.
-
Reliance Communications To Sell Big TV To Trim Debt
Veecon Media & Television will buy 100% equity stake in Reliance Big TV Ltd.
-
RCom to Stop Voice Calls From December 1, Subscribers Can Port Till December 31
RCom, reeling under debt of around Rs. 46,000 crores, decided to shut down its voice call services after it failed to close its wireless business merger deal with Aircel.
-
New Challenge For Lenders To Anil Ambani's Telecom And Its $7 Billion Debt
Last week, Reliance Communications Ltd. proposed banks convert about 15 percent of the loans owed to them into a 51 percent stake, a move facilitated by the central bank's Strategic Debt Restructuring program.
-
Anil Ambani's RCom To Shut Voice Calls In A Month. Here's Why
The Anil Ambani-led Reliance Communications is under a debt of around Rs.46,000 crore.
-
Reliance Communications Says It's Agreed To New Loan Repayment Plan
RCom said it would repay lenders an additional Rs 10,000 crore through the sale and commercial development of its real estate near Mumbai and in eight other cities.
-
Reliance Communications Blames 'New Operator' Reliance Jio for Industry's Financial Woes
Anil Ambani-led Reliance Communications on Tuesday blamed "freebies" offered by a new telecom operator - an apparent reference to Mukesh Ambani-run group firm Reliance Jio.
