Latest News on Rcom
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Rcom - Total results - 268
Oct 01, 2019
In a first, Anil Ambani threatened with class action suit at AGM after massive erosion of wealth, frequent rating downgrades irk shareholders"If I do not get satisfactory replies to my questions, in the next two-three months I will file a class action suit against RPower," a shareholder warned Anil Ambani.
Sep 30, 2019
In a first, RCom AGM to be chaired by resolution professional today; firms in diversified group to hold their AGMsRCom itself sought bankruptcy early February after its efforts to sell spectrum to Reliance Jio failed due to regulatory delays
Sep 19, 2019
NCLAT asks RCom to approach NCLT for Rs 577-cr refund from Ericsson, allows resolution professional to appeal in case of adverse orderReliance Communications (RCom) is presently going through the Corporate Insolvency Resolution Process under the supervision of the Mumbai-bench of National Company Law Tribunal.
Aug 23, 2019
Anil Agarwal's Twin Star Tech not to bid for debt-ridden RCom's assets; to make formal announcement soonRCom lenders have claimed dues of around Rs 49,000 crore on the company till May 2019.
Aug 06, 2019
Reliance Jio, Airtel likely to bid for RCom's physical assets; firms not keen to buy spectrum held by telcoNCLT in May superseded RCom board and appointed a resolution to run the company and also allowed the SBI-led consortium of 31 banks to form a committee of creditors.
Jul 23, 2019
NCLAT dismisses contempt petition against Anil Ambani over RCom payment defaultThe National Company Law Appellate Tribunal on Tuesday dismissed a contempt petition filed against Reliance Group Chairman Anil Ambani and other officials by minority shareholders alleging non-payment of dues by Reliance Infratel
Jul 03, 2019
NCLAT reserves order on admission of contempt plea filed against Anil Ambani, other officialsThe National Company Law Appellate Tribunal (NCLAT) on Wednesday reserved its order over the admission of a contempt petition filed against Reliance Group Chairman Anil Ambani and its other officials by minority shareholders alleging non-payment of dues by Reliance Infratel
Jun 25, 2019
Reliance Jio, BSNL drive telecom subscriber base to 1,183.77 mn in April: TRAI dataThe country's telecom subscriber base grew marginally to 1,183.77 million in April on account of net mobile customers gain by Reliance Jio and state-run telecom firm BSNL, according to the Telecom Regulatory Authority of India's (TRAI) report released on Monday
Jun 18, 2019
Claims against RCom swell to Rs 57,382 cr; Reliance ADAG companies among claimantsClaims against Reliance Communications (RCom) have risen to Rs 57,382.5 crore with new entities, including some Reliance Anil Dhirubhai Ambani Group companies, joining the creditors' list, according to a regulatory filing
May 30, 2019
Swedish telecom gear maker Ericsson considering new clauses in business deals to avoid RCom like situationsSwedish telecom gear maker Ericsson is considering tweaking provisions in business deals to avoid situations like those it is facing with Reliance Communications