Anil Ambani
Ambanis: Blood is thicker than water
The vicissitudes of competitive business couldn't have been more glaring than in two brothers' case.
RCom shares jump after Mukesh Ambani bails out brother Anil on Ericsson dues
Telecom equipment maker Ericsson received 4.62 billion rupees ($67.42 million) from RCom as unpaid dues.
Brother Mukesh steps in to spare Anil jail stay
The Supreme Court had last month held Ambani in contempt for not paying Ericsson's dues despite promising to do so.
Reliance Communications pays Rs 458.77 crore to Ericsson: sources
Failure to cough up the dues would have meant that RCom Chairman Anil Ambani would have faced a 3-month jail term.
A day left for Anil Ambani to pay USD 80 mn to avoid jail
The repeated failure to comply and Ambani's personal guarantee landed him in trouble last month,
BSNL to approach NCLT this week against RCom to recover Rs 700 cr
BSNL has already invoked bank guarantee of around Rs 100 crore submitted by RCom for default on payments, said sources.
RCom-Ericsson case: NCLAT declines to direct SBI to release Rs 259 cr
Apex court has asked RCom group to pay Rs 453 crore in four weeks, by March 19, failing which Ambani will have to go to jail.
Reliance Infrastructure offloads stake in Delhi-Agra Toll Road to Singapore firm
Reliance Infrastructure will utilise proceeds of this transaction entirely to reduce its debt, it said in regulatory filings.
Lenders sell 12 crore shares of Reliance Communications
Company has been reeling under a debt of around Rs 47,000 crore and has opted for invoking bankruptcy proceedings.
NCLAT reserves order on RCom plea to release funds
RCom has been asked by both the Supreme Court and the NCLAT to pay Rs 550 crore to Ericsson.