RCom

Premium

TMT

08 July, 2021

Legal hurdles could bedevil lenders efforts aimed at fresh bidding for RCom's telecom biz

Lenders to Reliance Communications Ltd (RCom) are considering restarting the bidding process for the company's telecom business, which may create ......

Beena Parmar

Finance

12 June, 2020

SBI puts Anil Ambani in dock for guarantee given on loans to his firms

The country’s largest lender State Bank of India (SBI) has taken Anil Ambani to the bankruptcy tribunal for a personal ......

Beena Parmar

TMT

10 June, 2020

Tribunal okays UV ARC's sharp haircut for Aircel lenders, but with tweaks

The National Company Law Tribunal (NCLT) has approved the insolvency resolution plan of UV Asset Reconstruction Company Ltd to acquire ......

Beena Parmar

TMT

05 March, 2020

Creditors okay Mukesh Ambani, UV ARC's resolution plans for R-Com, subsidiaries

A creditor panel led by the State Bank of India has okayed the bankruptcy resolution plans of Mukesh Ambani-owned Reliance ......

Beena Parmar

General

15 January, 2020

Grapevine: UV ARC, Jio top bidders for RCom assets; Advent, Kedaara eye Sequent

UV Asset Reconstruction Company Ltd has emerged as the highest bidder for Reliance Communications (RCom) and Reliance Telecom Ltd with ......

Ankit Agarwal

General

25 November, 2019

Grapevine: Zomato frontrunner for UberEats; Mitsui, CPPIB in talks for RMZ projects

Uber’s India food delivery business, UberEats, has been put on the block again for close to $500 million (Rs 3,583 ......

Ankit Agarwal

People

24 September, 2019

RCom CEO steps down to focus on US unit's bankruptcy process

Indian telecom company Reliance Communications Ltd’s (RCom) (RLCM.NS) Chief Executive Officer Bill Barney will step down but remain as head ......

Reuters

TMT

06 August, 2019

Reliance Jio, Airtel keen on physical assets of bankrupt RCom

Anil Ambani-led Reliance Communications (RCom) has found potential buyers in Bharti Airtel and brother Mukesh's Reliance Jio Infocomm Ltd, which ......