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Page 7 - Reliance Communications

NCLAT refuses to ask SBI to give RCom tax refunds worth Rs 260 cr

Appellate tribunal has asked all parties to ensure that the settlement plea is followed in letter and spirit

NCLAT refuses to ask SBI to give RCom tax refunds worth Rs 260 cr
Updated On : 15 Mar 2019 | 10:22 PM IST

NCLAT refuses to direct SBI to release I-T refund of Rs 260 crore to RCom

No direction can be given to any party to settlement to perform certain duties to ensure settlement between other parties, says NCLAT

NCLAT refuses to direct SBI to release I-T refund of Rs 260 crore to RCom
Updated On : 15 Mar 2019 | 6:33 PM IST

NCLAT pulls up RCom lenders over Rs 37,000 cr asset sale 'golden outlook'

The NCLAT was hearing RCom's plea, which has approached the appellate tribunal seeking waiver over the moratorium placed by it on February 4

NCLAT pulls up RCom lenders over Rs 37,000 cr asset sale 'golden outlook'
Updated On : 12 Mar 2019 | 1:50 AM IST

Lenders awaiting SC order to resolve Rs 10,600-crore Reliance Naval debt

Reliance Naval is the second company in the Anil Ambani group after Reliance Communications that is facing NCLT proceedings

Lenders awaiting SC order to resolve Rs 10,600-crore Reliance Naval debt
Updated On : 25 Feb 2019 | 11:21 PM IST

Lenders may refuse to take RCom's request for release of Rs 260 crore

Anil Ambani firm requested banks to release Rs 260 crore from escrow account to pay Ericsson

Lenders may refuse to take RCom's request for release of Rs 260 crore
Updated On : 23 Feb 2019 | 2:53 AM IST

Anil Ambani companies' stand is an 'attempt to mislead, smacks deceit': HC

In its initial observations, court finds fault in arguments made against Edelweiss companies for the sale of pledged shares

Anil Ambani companies' stand is an 'attempt to mislead, smacks deceit': HC
Updated On : 21 Feb 2019 | 11:03 PM IST

Anil Ambani group lenders not to sell pledged shares till September

Move follows understanding with 90% of creditors, group vows to stick to repayment schedule in loan agreements, promoters to sell 30% stake in RPower

Anil Ambani group lenders not to sell pledged shares till September
Updated On : 18 Feb 2019 | 11:17 AM IST

CJI Ranjan Gogoi sacks two SC staff for tampering with orders on RCom

Case related to requirement of personal appearance of RCom chairman Anil Ambani in Ericsson contempt case

CJI Ranjan Gogoi sacks two SC staff for tampering with orders on RCom
Updated On : 14 Feb 2019 | 2:09 PM IST

Got only Rs 790 cr from Jio deal so far, zero from fibre assets: RCom to SC

Top court reserves verdict in contempt plea moved by Ericsson against Anil Ambani, other executives of RCom

Got only Rs 790 cr from Jio deal so far, zero from fibre assets: RCom to SC
Updated On : 13 Feb 2019 | 11:10 PM IST

Hearing of contempt notice to Anil Ambani on Ericsson plea adjourned to Wed

The Bench said it will continue hearing the contempt plea tomorrow due to paucity of time and assembling of a special Bench in the post-lunch session

Hearing of contempt notice to Anil Ambani on Ericsson plea adjourned to Wed
Updated On : 12 Feb 2019 | 3:56 PM IST

Bankrupt RCom arm to develop 132-acre land in Navi Mumbai as fintech centre

In the past, chairman Anil Ambani had claimed that the plot had a development potential of Rs 25,000 crore

Bankrupt RCom arm to develop 132-acre land in Navi Mumbai as fintech centre
Updated On : 11 Feb 2019 | 5:40 PM IST

RCom's decline and fall: How debt, bad decisions, Jio brought down company

Analysts say RCom had many assets but it did not time the sale right

RCom's decline and fall: How debt, bad decisions, Jio brought down company
Updated On : 06 Feb 2019 | 10:54 PM IST

RCom taking insolvency route out of 'dishonest intention': Ericsson to SC

Ericsson also names SBI chairman in fresh contempt plea against RCom for not paying Rs 550 cr, sources say

RCom taking insolvency route out of 'dishonest intention': Ericsson to SC
Updated On : 06 Feb 2019 | 10:17 PM IST

RCom seeks relief from RBI diktat to speed up Reliance Jio deal

Under the circular, 100% of the members of the committee of creditors have to accept the offer of debt resolution

RCom seeks relief from RBI diktat to speed up Reliance Jio deal
Updated On : 05 Feb 2019 | 9:22 PM IST

RCom goes to NCLT to speed up Jio deal, hopes move will expedite DoT nod

On Monday, RCom also moved the NCLAT to withdraw its opposition to an insolvency petition filed by Ericsson India in the NCLT

RCom goes to NCLT to speed up Jio deal, hopes move will expedite DoT nod
Updated On : 05 Feb 2019 | 2:24 AM IST

Telecom disputes tribunal exempts RCom from one-time spectrum charge

TDSAT also directed the DoT to return a Rs 2,000 cr bank guarantee made by the debt-laden company

Telecom disputes tribunal exempts RCom from one-time spectrum charge
Updated On : 04 Feb 2019 | 7:33 PM IST

Anil Ambani's Reliance Communications lays out debt resolution plan

Reliance Communications's net debt stood at around $7 billion as of March 2017 when it last made the number public.

Anil Ambani's Reliance Communications lays out debt resolution plan
Updated On : 03 Feb 2019 | 7:07 PM IST

Debt-ridden RCom to file for bankruptcy as lenders fail to reach consensus

The company Board cited lack of approvals and consensus on important issues as the primary reason for its decision

Debt-ridden RCom to file for bankruptcy as lenders fail to reach consensus
Updated On : 03 Feb 2019 | 6:57 PM IST

Reliance Communications says will not be paying Rs 375 crore to NCD holders

The company has posted a consolidated loss of Rs 341 crore for the third quarter ended December 2018. It had registered a loss of Rs 206 crore in the same quarter a year ago

Reliance Communications says will not be paying Rs 375 crore to NCD holders
Updated On : 23 Jan 2019 | 11:23 PM IST

SC asks RCom's Anil Ambani to appear in contempt case filed by Ericsson

Ericsson had also sought that the RCom chairman and others, who had violated court orders, be detained in civil prison unless they purge themselves by making the payment

SC asks RCom's Anil Ambani to appear in contempt case filed by Ericsson
Updated On : 10 Jan 2019 | 12:50 AM IST