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Total 35 results found. Search for [ anil ambani chinese bank loan ]

Results 1 to 21 of 35
BusinessToday.In
October 12, 2020
The court has asked the lenders for their opinion on a plea by the younger Ambani brother requesting them to be included in his challenge to a separate bankruptcy case against him in India


Nevin John
October 7, 2020
\"No funds whatsoever were provided by Mukesh Ambani to Anil Ambani in a personal capacity, nor was there any gift,\" says Anil Ambani's spokesperson


BusinessToday.In
September 28, 2020
After the hearing, a spokesperson said that contrary to exaggerated perceptions of his flamboyance and lavish lifestyle, Anil Ambani has always been a simple man of simple tastes


BusinessToday.In
September 26, 2020
Bankim Thanki, who represented three Chinese banks, said list of his witnesses and assets provided by Ambani was incomplete; he even pointed out to shopping done by Ambani using his credit card from luxurious stores like Harrods, Dolce and Gabbana and Harvey Nichols


PTI
June 23, 2020
Ambani seemed to indicate that he did give a personal guarantee to India's largest lender SBI, which has moved the National Company Law Tribunal (NCLT) to recover Rs 1,200 crore


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


PTI
May 23, 2020
A spokesperson for Anil Ambani said the matter pertains to an alleged personal guarantee for a corporate loan availed by Reliance Communications Limited (RCom) in 2012 for global refinancing


PTI
February 8, 2020
The Reliance Group indicated that it plans to appeal against a UK court ruling that asked Anil Ambani to pay USD 100 million towards a conditional order granted to 3 Chinese banks pursuing the recovery of approx USD 680 million


BusinessToday.In
New Delhi, February 7, 2020
Case pertains to a loan worth $925 million given to Ambani's now bankrupt Reliance Communications in February 2012; RCom repaid a portion of the loan, but defaulted on its payment obligations in February 2017


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 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
December 16, 2019
The UK High Court stated Anil Ambani's defence is inexplicably incomplete, implausible and highly unlikely and will be shown to be opportunistic and false at trial


BusinessToday.In
New Delhi, July 10, 2019
The probe flags transactions worth Rs 5,500 crore in the books of Reliance Communications, Reliance Telecom and Reliance Telecom Infrastructure; RCom denies the allegations


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


BusinessToday.in
January 5, 2018
RCom owed nearly one-fourth of its $7 billion total secured debt to CDB, its biggest foreign lender.


PTI
December 26, 2017



BusinessToday.in
December 26, 2017
Anil Ambani-led Reliance Communications on Tuesday announced that it will exit the ongoing SDR process and will reduce debt by about Rs 25,000 crore through the sale of some of its spectrum, tower and real estate assets.


Nevin John
December 6, 2017
Anil Ambani's Reliance Communications (RCom) had warnings from many quarters when it took loans from Chinese banks.


Mail Today Bureau
November 29, 2017
The move is aimed at reducing the debt burden of the company. The transaction will help reduce the liability of unsecured creditors, benefiting all stakeholders, including lenders and shareholders of RCom, the company said.


Nevin John
New Delhi, November 28, 2017
China Development Bank (CDB) filed an insolvency petition on 24 November against Reliance Communications to recover its loan of $1.78 billion (Rs 11,460 crore), according to media reports.


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