Reliance Communications Ltd.
TMT
Reliance Infratel lenders to take 90% haircut as Jio set to take control
Reliance Infratel Ltd’s financial creditors will take a haircut of as much as 90% on their loans under a court-approved ......
TMT
Reliance Jio gets NCLT nod to buy Anil Ambani's debt-laden tower firm
The bankruptcy tribunal has approved billionaire Mukesh Ambani-led Reliance Jio’s plan to acquire younger brother Anil Ambani’s debt-laden Reliance Infratel ......
Finance
Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets
The resolution of distressed assets under the Insolvency and Bankruptcy Code (IBC) has hit a big stumbling block with the ......
General
Delhi High Court halts insolvency proceedings against Anil Ambani
The Delhi High Court on Thursday halted insolvency proceedings against Reliance Group chairman Anil Ambani, the younger brother of India's ......
Finance
Smaller ARCs chase bulk deals to step up bad-loan purchases
Smaller asset reconstruction companies (ARCs) are stepping up their bad-loan purchases as they consider buying in bulk a pool of ......
People
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 ......
Infrastructure
R-Com's undersea cable unit files for bankruptcy in US
Global Cloud Xchange (GCX), an arm of Anil Ambani-owned debt-laden Reliance Communications Ltd, has voluntarily filed for bankruptcy in the ......
Finance
In charts: The big Indian business houses that have virtually crumbled
For the past several months, Dewan Housing Finance Corp Ltd has been struggling to survive. The Kapil Wadhawan-led company reported ......
Infrastructure
Reliance Group's Anil Ambani says will make timely debt service payments
Reliance Group chairman Anil Ambani said on Tuesday his diversified telecoms to financial services and infrastructure group was fully committed ......
Finance
Reliance Capital to exit mutual funds business, sell stake to Nippon Life
Reliance Capital Ltd, the financial services arm of Anil Ambani-led Reliance Group, is exiting the mutual fund business by selling ......
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