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Total 149 results found. Search for [ RCom insolvency ]

Results 1 to 21 of 149
BusinessToday.In
New Delhi, January 14, 2020
UVARC has reportedly placed bids worth Rs 16,000 crore for spectrum, real estate assets and data centres of RCom and Reliance Telecom Ltd, while RJio placed bids worth Rs 4,700 crore for tower and fibre assets of Reliance Infratel Ltd


BusinessToday.In
New Delhi, December 17, 2019
Share price of Reliance Capital was locked in the 5 per cent upper circuit at Rs 11.90 on the BSE. In the last three trading sessions, the stock of the NBFC firm has hit upper circuit limit of 5 per cent


PTI
New Delhi, November 29, 2019
The telecom arm of Reliance Industries has placed the highest bidder of around Rs 3,600 crore for mobile tower and optical fibre assets of Reliance Infratel. Reliance Jio did not bid for RCom spectrum


BusinessToday.In
November 27, 2019
Catch the top stories from the world of business and economy with BusinessToday.In's end of day (EOD) report


Manu Kaushik
November 27, 2019
The committee of creditors (CoC) has rejected the resignations saying these cannot be accepted. It asked the directors, including Ambani, to perform their duties until the insolvency proceedings are concluded


Dipak Mondal
New Delhi, November 25, 2019
The National Company Law Tribunal gave a go-ahead to the resolution plan of Royale Partners after the Committee of Creditors accepted its Rs 900-crore bid by 73.13 per cent vote share


BusinessToday.In
New Delhi, November 25, 2019
Varde Partners, Bharti Airtel and Reliance Industries, UV Asset Reconstruction Company (UVARCL) are among the main contenders for RCom assets


BusinessToday.In
November 24, 2019
RCom said in a BSE filing that its committee of creditors (CoC) had in their meeting held on November 20 \"expressed a unanimous view that the resignations cannot be accepted\"


BusinessToday.In
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


PTI
November 17, 2019
Bharti Airtel, Bharti Infratel and private equity firm Varde Partners have already submitted their bids for assets of Reliance Communications, while Reliance Jio has sought extension of the asset sale deal deadline by another 10 days.


PTI,BusinessToday.In
New Delhi, September 29, 2019
RCom AGM: On the venue front, there is a change from the past as the financially embattled group has chosen to hold the meetings in KC College auditorium instead of one of the biggest auditoriums in the city


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
The Union Cabinet approved amendments to the Insolvency and Bankruptcy Code (IBC) to adhere to strict timelines and maximise the value of insolvent company from the resolution plan


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


PTI
July 2, 2019



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...


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


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
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.


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