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Total 33 results found. Search for [ Rs 550 crore non-payment of dues ]

Results 1 to 21 of 33
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


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


BusinessToday.In
New Delhi, March 19, 2019
Shares of Reliance Communications rose 10 per cent in the early day trade after Anil Ambani-led company announced that it had cleared Ericsson dues.


PTI
March 17, 2019
Earlier, debt-ridden RCom in its plea before the NCLAT said that it wants to voluntarily go back into the insolvency process, as it will help to sell its assets in a time-bound manner.


PTI
February 22, 2019
Reliance Communications in a statement said that it is confident of raising the remaining about Rs 200 crore for payment to Ericsson, in order to ensure that the entire amount gets paid well within the four weeks timeline set by the apex court.


PTI
February 21, 2019



BusinessToday.In
New Delhi, February 21, 2019
According to RCom, a sum of Rs 118 crore had already been deposited with the Supreme Court.  It is confident of raising the balance Rs 200 crore for payment to Ericsson, in order that the entire Rs 550 crore plus interest thereon stands paid to the Swedish company.


BusinessToday.In
February 21, 2019
Anil Ambani's personal net worth has reportedly slumped 26% since the beginning of this year to $1.2 billion


PTI
February 20, 2019



PTI
February 20, 2019



Chitranjan Kumar
New Delhi, February 20, 2019
Shares of Reliance Anil Ambani's Reliance Group companies ended in negative terrain on Wednesday after the Supreme Court held the Chairman Anil Ambani guilty of contempt of court in a petition filed by Ericsson India against him over non-payment of dues worth over Rs 550 crore.


BusinessToday.In
February 20, 2019
The Reliance Group shares were the top losers on the BSE. While Reliance Communications share price fell 6.15% to 5.65, Reliance Capital fell 10.26% to 135.95. Shares of Reliance Infrastructure too lost 5.03% to 116.05 level.


BusinessToday.In
New Delhi, February 20, 2019
Ericsson-RCom case: The apex court finds Anil Ambani and two directors -- Reliance Telecom Chairman Satish Seth and Reliance Infratel Chairperson Chhaya Virani -- guilty in a contempt of court plea filed by Ericsson India.


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 13, 2019
Anil Ambani and fellow contemptors were ordered by the apex court to be present at the SC for the proceedings on Wednesday.


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 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.


PTI
January 7, 2019



PTI
January 7, 2019



PTI
January 7, 2019



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