The Enforcement Directorate has formally charged Reliance Communications and Reliance Infrastructure with serious financial ...
Shares in debt-laden Reliance Communications (RCom) fell close to 50% on Monday as the Anil Ambani-owned company announced that it would seek bankruptcy protection from India's insolvency tribunal. At ...
Some of the triggers that led the State Bank of India to conduct a forensic audit and classify the Reliance Communications loan account as ‘fraud’. 1. Reliance Communications (Rcom) and its two ...
Mobile telephony consumers may soon have a wider choice of operators, with the soft launch of GSM service by Anil Ambani group’s RCOM in Delhi to become the first company in India to offer both CDMA ...
HONG KONG/MUMBAI/BEIJING (Reuters) - Two major Chinese lenders plan to support a move by China Development Bank to put Indian wireless carrier Reliance Communications (RCom) into insolvency court as ...
MUMBAI (Reuters) - Indian tycoon Anil Ambani, who controls Reliance Communications (RLCM.NS), is due to hold a media briefing on Friday in a bid to reassure investors after worries over the mobile ...
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On Saturday, the ED submitted two chargesheets to a special court, targeting Reliance Communications (RCom) and Reliance ...
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New Delhi: Reliance Communications will shortly move the insolvency tribunal seeking bankruptcy protection as the Anil Ambani-owned company seeks to sell assets, repay lenders and pare its ...
NEW DELHI | MUMBAI: An appellate tribunal has vacated a stay on insolvency proceedings against Reliance Communications (RCom) and its two units, which will make the Anil Ambani-owned telco the second ...
Reliance Communications announced a deal that would see its tower business combine with smaller rival GTL Infrastructure RCom will demerge its tower arm, Reliance Infratel, into GTL Infrastructure and ...