Reliance Communications Ltd.
TMT
Aircel lenders approve UV ARC's bid, to get less than 1% of dues
UV Asset Reconstruction Company Ltd has received approval of the lenders to Aircel Ltd to buy the debt-laden telecom company ......
TMT
NCLT starts bankruptcy process for Reliance Communications
The National Company Law Tribunal (NCLT) on Thursday admitted Reliance Communications Ltd (RCom) for insolvency and allowed it to exclude ......
Infrastructure
Stressed assets this week: Jet in limbo; ABG Shipyard heads to liquidation
During the January-March quarter, 73 cases ended in liquidation, taking the total number of such cases to 378 since the ......
Finance
RCom opts to resume insolvency process, withdraws plea against NCLT order
Anil Ambani-led Reliance Communications Ltd (RCom) on Tuesday withdrew its petition challenging an order of the National Company Law Tribunal ......
Markets
How the profile of India's billion-dollar valuation firms changed in past decade
Ten years ago, this week, the Indian stock market bottomed out after the carnage from the collapse of Lehman Brothers. ......
TMT
Supreme Court finds Anil Ambani guilty of contempt in Ericsson case
India's Supreme Court on Wednesday found Anil Ambani, chairman of debt-laden Reliance Communications (RCom), guilty of contempt of court for wilfully ......
TMT
RCom slumps 54% to all-time low after approaching bankruptcy court
Reliance Communications Ltd (RCom) shares plunged by more than half to a record low on Monday, after the Indian telco said ......
TMT
Reliance Jio extends deadline to acquire Reliance Communications's assets
Reliance Industries Ltd said on Monday that its subsidiary Reliance Jio Infocomm Ltd has extended the term of the definitive ......
TMT
RCom a step closer to completing asset sale as tower unit settles with PE backers
Industrialist Anil Ambani-led Reliance Communications Ltd said on Tuesday unit Reliance Infratel Ltd has reached a settlement with its minority ......
Manufacturing
Stressed assets: Tata Steel buys Bhushan Steel; Jaypee, Tecpro face fraud charges
The National Company Law Tribunal’s various branches are monitoring several hundred cases of stressed assets. In the second of a ......