Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Loading...
Search

Total 16 results found. Search for [ UVARCL ]

Results 1 to 16 of 16
BusinessToday.In
November 21, 2020
The central bank cited the flouting of the norms laid down under the Sarfaesi (Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest) Act and the willful violation of the RBI's pointers


Manu Kaushik
August 24, 2020
The bench hearing the AGR case has outlined three areas on which it would pass the judgement, and the next few days, particularly before September 2, are going to be pretty intense for the entire sector


Manu Kaushik
August 20, 2020
Financial creditors' dues take precedence over those of operational creditors under the IBC. Thus, if DoT has considered itself as an operational creditor, it slips below banks in the priority list of creditors. But the SCwants it the other way round


Manu Kaushik
August 19, 2020
With telecom department and creditors at the loggerheads, and each side presenting a convincing argument, it would be interesting to see what road the apex court takes to secure the AGR dues


Manu Kaushik
August 17, 2020
The government though played safe on the court's clarification by saying that it will support whatever position the apex court takes towards securing the dues


Manu Kaushik
August 14, 2020
At the hearing on the controversial AGR (adjusted gross revenues) case, the court reportedly said that if Jio is using public assets like spectrum, why it should not be liable to pay AGR dues


BusinessToday.In
August 14, 2020
Countering the government's stand on ownership of spectrum, the Committee of Creditors (CoC), led by the SBI told the Supreme Court that the spectrum is an essential and integral part of RCom's assets and is vital for its continuance as a going concern


BusinessToday.In
August 5, 2020
UV Asset Resolution Co Ltd (UVARCL) has offered bid of a little over Rs 16,000 crore and committed to pay 30 per cent of the sum upfront within 90 days


BusinessToday.In
August 5, 2020
As per the resolution plan, UV Asset Resolution Co Ltd (UVARCL) has been approved as buyer of RCom and its subsidiary RTIL, while Reliance Jio will get the tower and fiber assets of Reliance Infratel


BusinessToday.In
New Delhi, March 4, 2020
UV Asset Reconstruction Company has placed bids worth Rs 14,700 crore for assets of RCom and Reliance Telecom, while Mukesh Ambani's Reliance Jio has made an offer of Rs 4,700 crore for tower and fibre assets of Reliance Infratel


BusinessToday.In
February 24, 2020
According to sources, Reliance Communications' (RCom) committee of creditors (CoC) will vote on asset bids (received from UVARC and Reliance Jio) from which the lenders are likely to recover nearly Rs 23,000 crore


Nevin John
New Delhi, January 15, 2020
Ritesh Aggarwal, Chief Financial Officer of UVARC says the company has over Rs 1,000 crore worth of assets under management, and that the CoC of Aircel has approved UVARC's takeover plan


BusinessToday.In
New Delhi, January 15, 2020
Amazon Inc CEO Jeff Bezos visited Mahatma Gandhi's memorial in Delhi soon after he landed in India. Posting a video on Twitter, the world's richest man wrote he paid respects to \"someone who truly changed the world\"; Anil Ambani's bankrupt telecom company Reliance Communications (RCom) and its subsidiaries have finally received bids worth Rs 25,000 crore for its assets from his brother Mukesh Ambani's Reliance Jio Infocomm (RJio) and UV Asset Reconstruction Company (UVARCL); Aditya Birla Group Chairman Kumar Mangalam Birla, in a personal LinkedIn blogpost, has said that tensions between nationalism and globalisation will be the most defining trends of the current decade. \"While the march of globalisation is perhaps inevitable, what is certain is that the world is no longer flat,\" stated the billionaire businessman. This and more news on News Blast.Also read: No Indian company in US top 100 patent list; China the rising star


BusinessToday.In
New Delhi, January 15, 2020
'Will ensure Air India keeps operating uninterruptedly,' says Aviation MinistryThe Ministry of Civil Aviation said on Tuesday that it would make sure that Air India continues to operate 'uninterruptedly'. The ministry said that it aims to improve the airline's operations as the government plans to go ahead with Air India's disinvestment process. Aviation minister Hardeep Singh Puri had also said last year that it would be difficult to run the airline without privatising it.As comp...


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


PAGES 1 OF 1