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Total 41 results found. Search for [ RCom crisis ]

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Nevin John
February 13, 2020
Last week, Ambani told a London court that he has no meaningful assets to liquidate, after he was ordered to set aside $100 million in his dispute with three Chinese banks

January 12, 2020
As part of the debt resolution process, lenders of the Reliance Home Finance, which had defaulted on some debt repayment obligation following the crisis in shadow banking industry, appointed Grant Thornton in August 2019 for forensic audit

Anand Adhikari
New Delhi, January 8, 2020
The total debt obligation of the company stands at Rs 11,891 crore as of December 2019. The debentures - listed and unlisted - constitute 60 per cent of the total debt of the company

Anand Adhikari
New Delhi, January 7, 2020
Even as banks lower their NPAs for the year, new areas of stress are emerging that may create headaches for the financial sector and the RBI

New Delhi, November 25, 2019
Bharti Airtel share price jumped 5.86 per cent to touch an intraday high of Rs 445.70 apiece compared to Friday's close level of Rs 421 on the BSE. Vodafone Idea share price soared 6.55 per cent to touch a day's high of Rs 6.99

New Delhi, November 18, 2019
Weighed down by the development, RCom share price declined over 3 per cent in opening trade to touch an all-time low of Rs 0.57 apiece against previous closing price of Rs 0.59

Rashmi Pratap
November 13, 2019
These companies cut across sectors and include Vakrangee, PC Jeweller, Arvind, Rain Industries and Indiabulls Real Estate, among others. Most may never go back to their past highs

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...

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

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.

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.

New Delhi, March 15, 2019
The apex court has asked RCom group to pay Rs 453 crore in four weeks, by March 19, failing which Ambani will have to go to jail.

March 13, 2019
The pledged shares belonged to promoters including that of Ambani, his family members and RCom group entities, according to a BSE filing.

New Delhi, March 13, 2019
While RCom and its financial lenders fight over the Rs 260 crore tax refund that the company wants to tap to repay Ericcson, the appellate tribunal warns that failure to make the payment will compel it to pass orders for insolvency.

New Delhi, February 19, 2019
Data pertaining to BSE 500 constituent stocks reveal that 314 stocks slipped below their face value on February 18, 2019. Among the individual stocks, Adlabs Entertainment, IL&FS Transport, Punj Lloyd, Reliance Naval and Reliance Communication slipped below their face value on the bourses.

January 7, 2019
Debt-laden Reliance Communications accused Swedish telecom gear maker Ericsson of attempting media trial and sensationalising the issue of dues recovery

Manu Kaushik
New Delhi, June 11, 2018
The scale of value destruction in the telecom sector has been huge. Only sensible policies and practices can save it now.
New Delhi, December 29, 2017
Mukesh Ambani-led Reliance Jio Infocomm is ready to bail out younger brother Anil Ambani's debt-ridden telecom business by buying the wireless assets

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