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Total 152 results found. Search for [ RCom Chairman Anil Ambani ]

Results 1 to 21 of 152
BusinessToday.In
New Delhi, September 30, 2019
Reliance Capital has decided to shut its two lending arms - Reliance Commercial Finance and Reliance Home Finance -- by December. Both the credit verticals have a cumulative asset of over Rs 25,000 crore


BusinessToday.In
New Delhi, September 18, 2019
GCX, which owns the world's largest private sub-sea cable system, filed for bankruptcy protection in a US court on September 15 after it missed payments on its $350 million of 7% bonds that matured earlier in August


BusinessToday.In
July 23, 2019
RCom was admitted in the National Company Law Tribunal for insolvency proceedings in February becoming the first Anil Ambani group company to be officially declared bankrupt


BusinessToday.In
New Delhi, July 17, 2019
Lenders plan to call bids for Jet Airways' asset sale by July 20The lenders to the bankrupt Jet Airways, who met here Tuesday for the first time since the carrier was sent to the NCLT, are understood to have decided to call for expressions of interest to sell the meager assets of the airline by Saturday. The insolvency resolution professional for the airline Ashish Chhawchharia and the lenders led by State Bank will be laying down the bidding criteria, a source told PTI.Mukesh Amb...


Nevin John
July 16, 2019
In March, with a dramatic intervention, Mukesh Ambani saved his younger brother from imprisonment by paying the dues of Rs 580 crore owed by Anil's firm to the Swedish telecom equipment maker Ericsson


BusinessToday.In
New Delhi, July 10, 2019
The probe flags transactions worth Rs 5,500 crore in the books of Reliance Communications, Reliance Telecom and Reliance Telecom Infrastructure; RCom denies the allegations


BusinessToday.In
July 1, 2019
However, if sold, the 700,000 sq ft property belonging to Reliance Group Chairman Anil Ambani which is located on Mumbai's Western Express Highway, could fetch up to Rs 1,500-2,000 crore.


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


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.


PTI
May 31, 2019



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


BusinessToday.In
May 13, 2019
Apart from the Anil Ambani telco and its two units Reliance Infratel and Reliance Telecom, the debt of its other subsidiaries and step-down companies will also be taken into account hence the expected claim amount is pegged much higher than the telco's debt of Rs 46,000 crore


Nevin John
New Delhi, May 13, 2019
NBFC crisis and indiscriminate borrowing to beef up its subsidiaries is at the root of Reliance Capital's crisis.


PTI
New Delhi, May 9, 2019
With this, RCom, which owes over Rs 50,000 crore to banks, has become the first Anil Ambani group company to be officially declared bankrupt


PTI
May 7, 2019
RCom's committee of creditors will have to approve a new RP with a 66 per cent vote after the NCLT starts the insolvency process


PTI
April 30, 2019



PTI
New Delhi, April 30, 2019
RCom in May last year had filed a petition before the National Company Law Appellate Tribunal (NCLAT) against the NCLT order on a plea by global telecom gear maker Ericsson


Nevin John
New Delhi, April 30, 2019
The financial services businesses of Anil Ambani are facing crises as the rating agencies doubt the group's ability to repay the debts. In some cases, they indicate at the possibility of defaults as it happened in IL&FS and DHFL.


PTI
April 30, 2019



PTI
New Delhi, April 8, 2019
Swiss telecom gear maker Ericsson, which received its unpaid dues of Rs 550 crore from Anil Ambani's RCom last month following a Supreme Court order, is opposing the move.


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