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

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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...

Jio moves bankruptcy tribunal for audit reports on Reliance Infratel, parent

Finance

Jio moves bankruptcy tribunal for audit reports on Reliance Infratel, parent

Reliance Jio Infocomm has moved the bankruptcy tribunal for forensic audit reports on tower firm ...

UV ARC to sell Aircel assets, start low-cost businesses in bid to repay lenders

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UV ARC to sell Aircel assets, start low-cost businesses in bid to repay lenders

UV Asset Reconstruction Company Ltd plans to resume certain operations of Aircel Ltd and sell ...

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

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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

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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 ...

Grapevine: Munjal, DSP Group founder eye Yes Bank stake; Bharti bids for R-Com assets

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Grapevine: Munjal, DSP Group founder eye Yes Bank stake; Bharti bids for R-Com assets

Sunil Munjal, chairman of Hero Corporate Services Ltd, and Hemendra Kothari, veteran investment ...

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...