Rcom News
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Anil Ambani Tells Supreme Court He Won't Leave Country Without Permission
The Supreme Court expressed serious concern over an "unexplained delay" by ED and CBI in probing alleged large-scale bank loan frauds linked to RCOM, its group companies, and promoter Anil Ambani.
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Anil Ambani, RCom's Loan Accounts Declared 'Fraud' By Bank Of Baroda
In a significant step, Bank of Baroda, one of India's leading public sector banks, has declared the loan accounts of Reliance Communications Ltd. (RCom) and its erstwhile Director, Anil Ambani, as 'fraud', according to an exchange filing.
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Anil Ambani Pays Ericsson Day Before Deadline, Avoids Jail: 10 Points
Industrialist Anil Ambani on Monday avoided jail by paying Swedish telecom equipment maker Ericsson Rs 458.77 crore in dues a day before the Supreme Court's deadline. Anil Ambani has thanked Mukesh Ambani for his "timely support" in paying his dues. Last month, the top court had ordered Anil Ambani's Reliance Communications or RCom and two of its d...
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Top Court Asks Anil Ambani To Pay Or Face Jail In Ericsson Case: 10 Facts
Industrialist Anil Ambani was held guilty of contempt today by the Supreme Court, which said he will go to jail for three months if he doesn't pay Rs 453 crore to Ericsson India within four weeks. The court tore into the Reliance Communications chairman for what it called a "cavalier attitude" and fined him and two of his directors Rs 1 crore each....
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Reliance Communications Pays 62 Lakh To Regulator To Settle Case
The Securities and Exchange Board of India on Friday said Reliance Communications (RCOM) has settled its case with the regulator by paying Rs 62.40 lakh over alleged non-cooperation with credit rating agencies and debenture trustee.
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Ericsson Dispute: Anil Ambani's RCom Seeks More Time To Repay 550 Crores
Reliance Communications (RCom) on Tuesday said the company has sought another 60 days for repayment of Rs 550 crore to its unsecured creditor, the Swedish telecom major Ericsson, as its spectrum sale could not be completed due to factors beyond control.
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Reliance Jio to Buy RCom's Mobile Towers, Spectrum, and Other Wireless Infrastructure Assets
Reliance Jio on Thursday announced the acquisition of wireless infrastructure assets of Reliance Communications (RCom) and its affiliates.
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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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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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Company Law Tribunal Approves Withdrawal Of RCom, Aircel Merger Deal
RCom, which is reeling under a debt of about Rs 46,000 crore, had called off merger talks with Aircel, citing "legal and regulatory" delays and "various interventions by vested interests".
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Anil Ambani Tells Supreme Court He Won't Leave Country Without Permission
The Supreme Court expressed serious concern over an "unexplained delay" by ED and CBI in probing alleged large-scale bank loan frauds linked to RCOM, its group companies, and promoter Anil Ambani.
-
Anil Ambani, RCom's Loan Accounts Declared 'Fraud' By Bank Of Baroda
In a significant step, Bank of Baroda, one of India's leading public sector banks, has declared the loan accounts of Reliance Communications Ltd. (RCom) and its erstwhile Director, Anil Ambani, as 'fraud', according to an exchange filing.
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Anil Ambani Pays Ericsson Day Before Deadline, Avoids Jail: 10 Points
Industrialist Anil Ambani on Monday avoided jail by paying Swedish telecom equipment maker Ericsson Rs 458.77 crore in dues a day before the Supreme Court's deadline. Anil Ambani has thanked Mukesh Ambani for his "timely support" in paying his dues. Last month, the top court had ordered Anil Ambani's Reliance Communications or RCom and two of its d...
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Top Court Asks Anil Ambani To Pay Or Face Jail In Ericsson Case: 10 Facts
Industrialist Anil Ambani was held guilty of contempt today by the Supreme Court, which said he will go to jail for three months if he doesn't pay Rs 453 crore to Ericsson India within four weeks. The court tore into the Reliance Communications chairman for what it called a "cavalier attitude" and fined him and two of his directors Rs 1 crore each....
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Reliance Communications Pays 62 Lakh To Regulator To Settle Case
The Securities and Exchange Board of India on Friday said Reliance Communications (RCOM) has settled its case with the regulator by paying Rs 62.40 lakh over alleged non-cooperation with credit rating agencies and debenture trustee.
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Ericsson Dispute: Anil Ambani's RCom Seeks More Time To Repay 550 Crores
Reliance Communications (RCom) on Tuesday said the company has sought another 60 days for repayment of Rs 550 crore to its unsecured creditor, the Swedish telecom major Ericsson, as its spectrum sale could not be completed due to factors beyond control.
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Reliance Jio to Buy RCom's Mobile Towers, Spectrum, and Other Wireless Infrastructure Assets
Reliance Jio on Thursday announced the acquisition of wireless infrastructure assets of Reliance Communications (RCom) and its affiliates.
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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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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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Company Law Tribunal Approves Withdrawal Of RCom, Aircel Merger Deal
RCom, which is reeling under a debt of about Rs 46,000 crore, had called off merger talks with Aircel, citing "legal and regulatory" delays and "various interventions by vested interests".
