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Legal hurdles could bedevil lenders efforts aimed at fresh bidding for RCom's telecom biz

TMT

Legal hurdles could bedevil lenders efforts aimed at fresh bidding for RCom's telecom biz

Lenders to Reliance Communications Ltd (RCom) are considering restarting the bidding process for the...

SBI puts Anil Ambani in dock for guarantee given on loans to his firms

Finance

SBI puts Anil Ambani in dock for guarantee given on loans to his firms

The country’s largest lender State Bank of India (SBI) has taken Anil Ambani to the bankruptcy ...

Tribunal okays UV ARC's sharp haircut for Aircel lenders, but with tweaks

TMT

Tribunal okays UV ARC's sharp haircut for Aircel lenders, but with tweaks

The National Company Law Tribunal (NCLT) has approved the insolvency resolution plan of UV Asset ...

Creditors okay Mukesh Ambani, UV ARC's resolution plans for R-Com, subsidiaries

TMT

Creditors okay Mukesh Ambani, UV ARC's resolution plans for R-Com, subsidiaries

A creditor panel led by the State Bank of India has okayed the bankruptcy resolution plans of Mukesh...

Grapevine: UV ARC, Jio top bidders for RCom assets; Advent, Kedaara eye Sequent

General

Grapevine: UV ARC, Jio top bidders for RCom assets; Advent, Kedaara eye Sequent

UV Asset Reconstruction Company Ltd has emerged as the highest bidder for Reliance Communications (...

Grapevine: Zomato frontrunner for UberEats; Mitsui, CPPIB in talks for RMZ projects

General

Grapevine: Zomato frontrunner for UberEats; Mitsui, CPPIB in talks for RMZ projects

Uber’s India food delivery business, UberEats, has been put on the block again for close to $500 ...

RCom CEO steps down to focus on US unit's bankruptcy process

People

RCom CEO steps down to focus on US unit's bankruptcy process

Indian telecom company Reliance Communications Ltd’s (RCom) (RLCM.NS) Chief Executive Officer Bill...

Reliance Jio, Airtel keen on physical assets of bankrupt RCom

TMT

Reliance Jio, Airtel keen on physical assets of bankrupt RCom

Anil Ambani-led Reliance Communications (RCom) has found potential buyers in Bharti Airtel and ...

RCom opts to resume insolvency process, withdraws plea against NCLT order

Finance

RCom opts to resume insolvency process, withdraws plea against NCLT order

Anil Ambani-led Reliance Communications Ltd (RCom) on Tuesday withdrew its petition challenging an ...

RCom calls off asset sale to Reliance Jio, settles dues with Ericsson

Finance

RCom calls off asset sale to Reliance Jio, settles dues with Ericsson

Swedish telecom equipment maker Ericsson has received 4.62 billion rupees ($67.42 million) from ...