Page 4 - Reliance Communications

AGR case: Telecom companies can use spectrum but not own it, says SC

Jio tells court it has paid Rs 195 crore dues

DoT as operational creditor to get zero proceeds from RCom, RTL resolutions

Department of Telecommunications (DoT) and government object to the resolution plans of RCom and RTL

Telecom dept raises objections to Reliance Communications resolution plan

The committee of creditors of Reliance Communication (RCom) approved a resolution plan, which involves lenders receiving Rs 23,000 crore

Jio tells SC it paid Rs 195 cr as AGR dues, including for spectrum sharing

It said there is no question of one operator paying the Adjusted Gross Revenue (AGR) related dues of another firm, as suggested by the apex court earlier, and it has cleared all its dues

SC seeks govt view on Reliance Jio's liability for RCom's AGR dues

Reliance says no legal basis for payment; the next hearing in the matter has been adjourned till August 19

SC asks govt to clarify why Reliance Jio shouldn't pay RCom's AGR dues

Govt says there is a difference of opinion between Department of Telecommunication and Corporate Affairs Ministry on the issue of sale of spectrum during insolvency proceedings.

AGR case: Give airwave details of bankrupt telecom firms, says SC

Seeks spectrum-sharing info from RCom, Aircel, Videocon

AGR case: SC seeks details of spectrum sharing between RCom, Reliance Jio

Spectrum is a government property, not private, and anyone using it is liable to pay the dues, the apex court said

Telecom stocks trade flat ahead of today's SC hearing on AGR payments

In its last hearing, the SC had asked the Centre to prepare a plan for recovering AGR dues from bankrupt telecom operators

SC asks Centre to prepare plan for recovering AGR dues from bankrupt telcos

Justice Arun Mishra said: "We want to go into the cause for initiation of insolvency against telcos under the IBC."

25 years of telecom: Boon for India's business tycoons, bane for MNCs

Big business houses such as the Tatas, Anil Ambani, multinationals like Malaysian tycoon T Ananda Krishna of Maxis failed to create viable businesses

Sebi slaps Rs 1 cr fine on CARE Ratings over lapses in RCom case

In May 2017, CARE Ratings downgraded the ratings assigned to non-convertible debentures (NCDs) issued by RCom to default

From Sukh Ram to Mukesh Ambani, here're the men who changed telecom

With a charge of Rs 18/min for voice calls to free voice calls now, and a burgeoning subscriber base, India's telecom sector has come a long way. We look at the men who made all of this possible

Chinese banks face increased litigation to recover Anil Ambani dues

SBI moves NCLT to invoke Anil Ambani's guarantee almost two years after RCom was first sent to the Tribunal for recovery of dues by Indian creditors

Stock investing: Cull overleveraged companies from your portfolio

At a time when revenues have been disrupted, these are the ones that could go belly up first

Flaws in Today Homes IBC process, UVARC demands offer to be reconsidered

The CoC in this case comprise over 1,757 residential flat owners spread across 18 towers and 21 commercial units in Noida. No banks are creditors

RCom's resolution plan to sell Rs 23,000 cr assets filed before NCLT

The plan entails realisation of around Rs 23,000 crore from sale of RCom assets and clawback of money paid to some of the lenders.

RCom lenders okay Rs 230 bn resolution plan; Chinese banks to get Rs 55 bn

Under the plan, 38 lenders of RCom can recover over 70 per cent of their outstanding of Rs 33,000 crore secured debt, they said.

RCom resolution plan: Committee of creditors to meet again on March 2

The voting results on the various resolutions to sell RCom, Reliance Telecom and Reliance Infratel is expected to be declared on March 4

RCom creditors meet on Monday, may vote on Jio bid for Rs 4,700 cr assets

The CoC will also put to a vote asset bids received from UV Asset Reconstruction Company