SC rejects SBI plea for resuming insolvency proceedings against Anil Ambani; matter listed for 6 Oct
The State Bank of India had moved the apex court to recover Rs 1,200 crore that it had loaned to two firms of the then-chairman of Reliance Communications
UK court orders Anil Ambani to pay $717 mn to 3 Chinese banks within 21 days; seeking legal advice, says firm
A spokesperson for Anil Ambani said the matter pertains to an alleged personal guarantee for a corporate loan availed by Reliance Communications Limited (RCom) in 2012 for global refinancing.
Anil Ambani-led Reliance Group companies' shares worth over Rs 3.3 cr sold through open market transactions
Anil Ambani-led Reliance Group companies' shares worth over Rs 3.31 crore were offloaded through open market transactions on Thursday
Reliance Group Chairman Anil Ambani on Thursday appeared before the Enforcement Directorate in Mumbai in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others, officials said
Yes Bank crisis: ED summons Subhash Chandra, Naresh Goyal, Sameer Gehlaut, other top corporate honchos for questioning this week
The Enforcement Directorate (ED) has summoned top corporate honchos, including Essel Group promoter Subhash Chandra, Jet Airways founder Naresh Goyal and Indiabulls chairman Sameer Gehlaut, to appear before it this week in connection with its money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said on Monday
Reliance Group Chairman Anil Ambani has filed an adjournment application and sought more time to appear before the Enforcement Directorate (ED) in connection with the ongoing money laundering probe related to Yes Bank co-founder Rana Kapoor
Anil Ambani was asked to depose at the Enforcement Directorate office in Mumbai on Monday as his group companies are among the big entities whose loans went bad after borrowing from the crisis-hit bank.
Anil Ambani-led Reliance Group on Wednesday said its entire debt from troubled Yes Bank is fully secured and was availed in the ordinary course of business
Anil Ambani's Reliance Home Finance defaulted on loan repayment of Rs 40 crore in February: Regulatory filing
Of the loan default dated 8 February, 2020, the disclosure of which was made on 10 March to the exchanges, Rs 40 crore is towards principal and Rs 0.08 crore as interest to its lender Punjab and Sind Bank.
With lenders approving a Rs 23,000 crore resolution plan for Reliance Communication, as much as Rs 5,500 crore will flow to Chinese banks, clearing about 55 percent of their principal dues, including of those lenders to whom firm's promoter Anil Ambani had allegedly given a personal guarantee
Debt refinancing loan case: UK High Court to set terms in Chinese banks' claim against RCom chief Anil Ambani
According to court documents, RCom had sought the loan from the Chinese banks in order to meet its obligations under certain foreign currency convertible bonds due to mature on 1 March 2012.
TDSAT had on 21 December 2018 directed the Centre to return around Rs 104 crore to RCom after encashing bank guarantee of Rs 908 crore against spectrum charges of Rs 774 crore.
UK court dismisses Chinese bank plea for conditional order in $680 mn claim against RCom chief Anil Ambani
The hearing in the matter took place on 7 November and the order was issued on Monday, a spokesperson for Anil Ambani said in a statement.
UK High Court has dismissed a $680 million claim application filed by Chinese banks against Reliance Communications Chairman Anil Ambani, a spokesperson of Ambani said on Monday
Bharti Airtel submits conditional bids of around Rs 9,500 crore for debt-ridden RCom' telecom assets
I Squared Capital, which was expected to buy RCom's data centre and optical fibre, also did not submit bids.
Airtel, Reliance Jio submit bids for debt-ridden RCom telecom assets; Committee of Creditors to meet today
RCom's secured debt is estimated to be around Rs 33,000 crore. Lenders have submitted claims of around Rs 49,000 crore in August.
Varde Partners, Bharti Airtel and Reliance Industries, UV Asset Reconstruction Company (UVARCL) are among the main contenders for RCom assets
Reliance Capital says shareholding in RGIC transferred to IDBI Trustee Services; does not disclose financial details
The shareholding has been transfered upon invocation of pledge by the IDBI Trustee Services, Reliance Capital said in a stock exchange filing.
Reliance Communications Chairman Anil Ambani along with four directors have resigned from the company, which is going through insolvency process,
Reliance General Insurance, part of Anil Ambani-led Reliance Group, has decided to withdraw its proposed initial share sale offer