RCom
RCom: NCLAT allows insolvency proceedings
An NCLAT bench headed by Chairman Justice S J Mukhopadhaya allowed RCom to withdraw its appeal.
RCom withdraws plea against NCLT order allowing bankruptcy proceedings
An NCLAT bench headed by Chairman Justice S J Mukhopadhaya allowed RCom to withdraw its appeal.
NCLAT stays DoT's show cause notices to RCom for cancellation of spectrum licence
A two-member bench also stayed the DoT's letter dated March 20, 2019 to Axis Bank to encash the bank guarantee of Rs 2,000.
RCE pledges 12.50 cr shares of RCom with IndusInd Bank
RCE held 49.06 crore shares in RCom amounting to 17.74 pc stake, of which it had previously pledged 4.85 pc.
RCom shares continue to gain, rally 10 per cent
On the traded volume front, 150.71 lakh shares were traded on BSE and over 3 crore shares changed hands on NSE.
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.
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 pulls up RCom lenders over Rs 37,000 cr asset sale 'golden outlook'
The NCLAT has asked all the lenders to file a two-page note over that and directed to list the matter on Tuesday.