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BusinessToday.In
New Delhi, June 19, 2019
Trump to hold extended talks with Xi on sidelines of G20 in Japan, Chinese banks seek Rs 14,775 crore from Anil Ambani's RCom, Facebook takes aim at e-commerce with Libra cryptocurrency and other news on News Blast.


BusinessToday.In
New Delhi, June 19, 2019
Day after lenders move NCLT, tribunal to hear Jet Airways case todayThe National Company Law Tribunal (NCLT) will hear Jet Airways' insolvency case today after the SBI-led consortium of 26 banks took the beleaguered airline to the tribunal to recover their dues of over Rs 8,500 crore. The lenders have been trying to sell the airline for the past five months but failed to find a buyer.Chinese banks seek Rs 14,775 crore from Anil Ambani's RComChinese banks, including China Developme...


Reuters
New Delhi, June 19, 2019
The former foreign minister was far ahead of the rest of the pack, stretching a lead which, for many, makes Johnson the all but inevitable victor to replace Prime Minister Theresa May and take on Britain's so far ill-fated Brexit negotiations


PTI
New Delhi, June 18, 2019
The decision of the lenders to seek bankruptcy comes exactly two months after the airline stopped flying on April 17, after being on the fringe since last July


PTI
New Delhi, June 18, 2019
In April last year, the RBI had asked payment firms to ensure their data are stored exclusively on local servers, setting a tight six-month deadline for compliance


BusinessToday.In
New Delhi, June 18, 2019
The Anil Ambani headed company borrowed Rs 9,863.89 crore from China Development Bank, which happens to be the biggest creditor to the debt-laden telecom company


BusinessToday.In
New Delhi, June 18, 2019
Extending previous session losses, Reliance Infrastructure share price declined as much as 16.90 per cent to hit a record low of Rs 46.95 on the BSE


BusinessToday.In
New Delhi, June 17, 2019
Anil Ambani, once the 6th richest man in the world with a wealth of $42 billion in 2008 has now crashed out of the billionaire club. Watch the video for more.


Nevin John | Avirat Parekh
June 17, 2019
The value of Ambani's un-encumbered equity stands at Rs 765 crore ($109 million) - barely 2 times the $50 million Bombardier Global Express jet he flies.


BusinessToday.In
June 14, 2019
The Modi Government is planning to sell 8,600 megahertz of telecom airwaves across multiple frequency bands in its latest round of spectrum auction in 2019.


BusinessToday.In
New Delhi, June 9, 2019
Reliance Power on Saturday reported a net loss of Rs 2,951.82 crore for the financial year 2018-19 as against net profit of Rs 840.46 crore in FY18; total income during the fiscal declined to Rs 8,534.26 crore from Rs 9,871.01 crore a year earlier


BusinessToday.In
New Delhi, June 6, 2019
As per DoT, the spectrum belongs to the government and does not come under the definition of property of telcos.


PTI
May 31, 2019
China Development Bank, LIC and SBI have the highest exposure in the dues.


PTI
May 31, 2019



PTI
May 31, 2019



BusinessToday.In
May 31, 2019
The bulk of the claims, to the tune of Rs 49,000 crore, have been directed at RCom followed by claims worth Rs 24,000 crore against Reliance Telecom, which held the GSM operations, and Rs 12,000 crore against the group's tower arm Reliance Infratel


PTI
New Delhi, May 30, 2019
Ericsson sued RCom and its promoter Anil Ambani to recover dues of about Rs 1,500 crore, of which it managed to receive only Rs 550 crore


PTI
May 30, 2019



BusinessToday.In
May 30, 2019
Share Market Updates: Suzlon, Justdial, Infibeam, DCM Shriram and Adani Power were the top gainers on BSE, while on NSE, YES Bank, Bharti Airtel, NTPC, TCS and Bajaj Finance were the top gaining stocks.


PTI
New Delhi, May 30, 2019
RCom is estimated to have a total debt of over Rs 45,000 crore, which includes exposure of public sector banks also.


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