Page 5 - Reliance Communications

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

RCom's committee of creditors likely to vote on resolution plan on Feb 24

The banks are expecting that they will be able to salvage much more than what they did from Aircel

RCom Q3 consolidated loss widens to Rs 10,598 cr, income slips to Rs 263 cr

The company had posted a loss of Rs 238 crore in the same period a year ago

Jio, UVARC emerge top bidders for RCom assets with bids worth Rs 21,000 cr

Delhi-based UVARC has offered to pay about Rs 16,000 crore for the spectrum, real estate, and enterprise and data centre businesses of RCom and Reliance Telecom, which houses these assets

Top events: Nationwide strike, RCom CoC meet, Ghosn to hold presser, & more

Business Standard brings you top events that are lined up for Wednesday

SC rejects govt plea challenging tribunal refunding Rs 104 crore to RCom

TDSAT had asked government to return Rs 104 crore to now-bankrupt company after encashing bank guarantee of Rs 908 crore against spectrum charges of Rs 774 crore.

Relief for Anil Ambani as UK court dismisses Chinese bank's $680-mn claim

The hearing in the matter took place on November 7 and the order was issued on Monday

RCom to lose its undersea cable unit as clouds hang over debt revamp

The plan that got the nod this week will grant ownership of GCX to its own creditors in exchange for a debt write down of $150 million, according to a GCX statement and filings

Anil Ambani firms' CoC to discuss Bharti Airtel's offer on Thursday

Sources said Reliance Jio has offered Rs 3,600 crore within 60 days to buy Reliance Infratel.

Jio likely to bag Reliance Infra's tower, optical fibre for Rs 3,600 cr

Bharti Airtel has placed a bid of around Rs 1,800 crore for the same, according to the sources

Airtel submits Rs 9,500-cr bids for RCom assets sale; results out tomorrow

Along with Bharti Airtel, VFSI Holdings Pte Ltd and UV Asset Reconstruction Company Limited have submitted their bids.

Reliance, Bharti Airtel, 2 others bid for 3 Anil Ambani group companies

11 offers submitted for RCom, Reliance Telecom and Reliance Infratel

Reliance likely to make bid for RCom and its related companies today

Bharti Airtel also likely to reconsider its decision and bid

RCom lenders reject resignation of Anil Ambani, four other directors

The resignations were conveyed to the CoC in its meeting on November 20 and were unanimously rejected

Airtel, RIL, three others may submit bids for RCom assets on Nov 25

The last date to submit bids will end on Monday and RCom (Reliance Communications) committee of creditors will also meet on the same day to open bid

RCom lenders reject resignation of Anil Ambani, 4 other directors

Ambani along with four directors -- Ryna Karani, Chhaya Virani, Manjari Kacker and Suresh Rangachar -- had resigned from the company earlier this month.