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Total 15 results found. Search for [ UV Asset Reconstruction Company ]

Results 1 to 15 of 15
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


BusinessToday.In
October 27, 2020
Yes Bank had taken 'symbolic possession' of Reliance Center after company failed to repay dues worth Rs 2,892 crore in July; Reliance Group says matter is sub-judice and it'll take all effective steps to protect its interests


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


Nevin John
August 14, 2020
The present option before Anil Ambani's Reliance Group is to shift the office back to Ballard Estate, which was the headquarters of the company until early 2018


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


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
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
May 6, 2019
In January, the Supreme Court had directed the Sunil Mittal telco to pay Rs 453 crore to Aircel for 4G spectrum purchased in 2016 but the former had deducted Rs 112 crore from this amount against inter-connection charges


Hari Hara Mishra
January 30, 2019
A guaranteed basic income through direct cash transfer could be more effective in supporting low income households when existing support programs like the Public Distribution System have not proved very effective.


Hari Hara Mishra
New Delhi, February 4, 2018
With growing stress in balance sheets of stressed companies and that of large banks, role of Asset Reconstruction Companies (ARCs)- envisaged as an institutional response to tackle growing NPAs-  have come into sharper focus.


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