Ambani along with Chhaya Virani, Ryna Karani, Manjari Kacker, Suresh Rangachar have resigned as directors of RCom, said regulatory filing
The tribunal has asked the DoT to file its reply to the petition by September 24, after which the RP can file a rejoinder to DoT's reply by September 27. The matter will be heard next on September 30
HSBC Daisy had moved the appellate tribunal over alleged default of payment of Rs 230 crore by Reliance Infratel
SBI says lenders have first right over tax refund, RCom cannot saddle responsibility of paying Ericsson on banks
The apex court has also imposed a fine of Rs 1 crore each on them, if not deposited within a month they will have to serve one month in jail.
He said the telecom sector needed a minimum of Rs 100,000 crore a year to expand and maintain quality of service
Reliance Infra, Reliance Capital, Reliance Power and Reliance Defence too down over 4%