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Total 16 results found. Search for [ RCom files for bankruptcy ]

Results 1 to 16 of 16
BusinessToday.In
New Delhi, June 15, 2020
The state-run lender has filed an application in the National Company Law Tribunal (NCLT) to recover the amount from Ambani under the personal guarantee clause of the bankruptcy law


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
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


PTI
February 20, 2019



BusinessToday.In
February 18, 2019
While Reliance Infrastructure share price surged 13.01% to 129.85, Reliance Capital share price rose 11.51% to 165.65 on the BSE.  The Reliance Communications share price surged over 12% to 6.15 on the BSE. The Reliance Power stock too surged over 9 percent to 11.70 in trade today.


PTI
New Delhi, February 13, 2019
Anil Ambani told the top court that with the failure of its assets sale deal with elder brother Mukesh Ambani-led Reliance Jio his company has entered insolvency proceedings and is not in control of the funds.


BusinessToday.In
New Delhi, February 12, 2019
RComasks Ericsson to accept Rs 118 crore of the total amount but the company counsel declined to accept the proposal.


BusinessToday.In
New Delhi, February 11, 2019
Reliance Group has accused its lenders L&T Finance and Edelweiss of illegally invoking pledged shares, calling it 'motivated and unwarranted'. Shares of Reliance Power plunged as much as 59 per cent last week.


Mudit Kapoor
February 9, 2019
The share of promoters in the Reliance Group companies have decreased in the bracket of 2 to 4 per cent, bringing down promoter stake in Reliance Capital below 50 per cent.


BusinessToday.In
New Delhi, February 8, 2019
Reliance Group companies lost Rs 13,000 crore, an unprecedented nearly 55%, in market capitalisation over just 4 days, causing substantial losses to 72 lakh institutional and retail shareholders.


Manu Kaushik
New Delhi, February 2, 2019
The past few years have been a period of slow death for RCom. Going to NCLT is a culmination of the events that has been unfolding over the past decade.


BusinessToday.In
New Delhi, February 2, 2019
The company board, in its stock exchange filing on Friday, explains the step has been taken to pare its pilling debt of over Rs 46,000 crore through the asset sale.


BusinessToday.In
New Delhi, February 2, 2019
Though many people are calling an election Budget, the Finance Minister believes it takes care of every sector of the economy.


BusinessToday.In
February 1, 2019
Reliance Communications said that two of its subsidiaries, Reliance Telecom and Reliance Infratel, will see to prompt implementation of the decision, whereas there will be no impact on its other arms.


BusinessToday.In
December 11, 2018
However, the DoT said that the approval for the spectrum sale can be granted only after the due diligence is complete.


BT Online
New Delhi, September 15, 2017
Reliance Communications and Aircel in September last year announced the merger of their wireless operations to create a combined entity with assets worth Rs 65,000 crore.


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