Reliance Communications 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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Reliance Communications Appeals Against Order Banning Asset Sales
An arbitration tribunal had barred the indebted firm from selling assets without its permission earlier.
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Court Bars Reliance Communications From Selling Assets
RCom owed banks Rs 45,516 crores as of March 2017 when it last made public its debt numbers, and more to vendors.
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Reliance Jio To Buy All Wireless Assets Of RCom, 100% Proceeds To Reduce Debt
RCom expects the transactions with Reliance Jio Infocomm to close in a phased manner between January and March 2018, subject to the lenders' and other applicable approvals.
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RCom Shares Continue Rally, Rise Nearly 90% In 3 Days
The Reliance Communications shares soared 7.72 per cent to end at Rs 30.96 on the BSE. During the day, it had shot up 18.12 per cent to Rs 33.95.
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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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RCom to Sell DTH Arm BIG TV to Pantel Tech, Veecon Media
The move is aimed at reducing debt and benefiting all stakeholders, including lenders and shareholders, of RCom, the company said in a statement.
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CARE Downgrades Aircel Ratings As Firm Delays Debt Repayments
Aircel has delayed payment of interest on its debt obligations on account of its "weak liquidity position," CARE said.
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RCom Not To Repay Any Debt For The Time Being
RCom said that it is not making any payment to lenders or bond-holders for the time being as it is under 'standstill period' with invocation of SDR
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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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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.
-
Reliance Communications Appeals Against Order Banning Asset Sales
An arbitration tribunal had barred the indebted firm from selling assets without its permission earlier.
-
Court Bars Reliance Communications From Selling Assets
RCom owed banks Rs 45,516 crores as of March 2017 when it last made public its debt numbers, and more to vendors.
-
Reliance Jio To Buy All Wireless Assets Of RCom, 100% Proceeds To Reduce Debt
RCom expects the transactions with Reliance Jio Infocomm to close in a phased manner between January and March 2018, subject to the lenders' and other applicable approvals.
-
RCom Shares Continue Rally, Rise Nearly 90% In 3 Days
The Reliance Communications shares soared 7.72 per cent to end at Rs 30.96 on the BSE. During the day, it had shot up 18.12 per cent to Rs 33.95.
-
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.
-
RCom to Sell DTH Arm BIG TV to Pantel Tech, Veecon Media
The move is aimed at reducing debt and benefiting all stakeholders, including lenders and shareholders, of RCom, the company said in a statement.
-
CARE Downgrades Aircel Ratings As Firm Delays Debt Repayments
Aircel has delayed payment of interest on its debt obligations on account of its "weak liquidity position," CARE said.
-
RCom Not To Repay Any Debt For The Time Being
RCom said that it is not making any payment to lenders or bond-holders for the time being as it is under 'standstill period' with invocation of SDR
-
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.
