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$Anil Ambani-led Reliance Group on Wednesday said it has sent a Rs 1,000 crore defamation notice to Mumbai Congress president Sanjay Nirupam for making \false and baseless\ allegations against the company.$ Business

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.

18 March 2019 6:05 PM IST

Reliance Group Chairman, Anil Ambani (Photo: File)

Business

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,

18 March 2019 3:44 PM IST

In an earlier report, the committee had recommended the option of handing over the management of BSNL and MTNL to those professionals who have a proven track record of facing a stiff competitive environment coupled with efficient management of finances, equipment, manpower and modern marketing strategies.

Business

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.

17 March 2019 1:19 PM IST

Reliance Communications (RCom) on Friday said that it was in advanced talks with Ericsson to resolve commercial issues to exit the bankruptcy proceedings.

Business

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...

16 March 2019 10:51 AM IST

The six lane Delhi-Agra Toll Road. (Photo: ANI)

Business

Reliance Infrastructure offloads stake in Delhi-Agra Toll Road to...

Reliance Infrastructure will utilise proceeds of this transaction entirely to reduce its debt, it said in regulatory...

15 March 2019 12:47 PM IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTI

Business

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.

14 March 2019 9:11 AM IST

Business

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.

14 March 2019 8:48 AM IST

RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.

Business

NCLAT pulls up RCom lenders over Rs 37,000 cr asset sale 'golden...

The NCLAT has asked all the lenders to file a two-page note over that and directed to list the matter on Tuesday.

12 March 2019 8:53 AM IST

The company remains confident to be able to monetise some of these assets over the next two quarters and bring down the debt significantly, Reliance Capital said in a filing to stock exchanges. (Photo: Twitter)

Business

Reliance Capital claims stake sale to halve its debt soon

The Anil Ambani group-run company is sitting on a debt of over Rs 18,000 crore.

7 March 2019 1:07 PM IST

Govt shares Rafale price details with the SC, makes public timeline of negotiations that preceded the deal in a bid to dispel doubts about alleged wrongdoing.(Representational image)

India

Rafale documents cited by Prashant Bhushan were stolen: Centre to SC

Venugopal said those who put documents on Rafale deal in public domain guilty under Official Secrets Act and contempt of...

6 March 2019 9:40 AM IST

India

Watch: Rahul Gandhi performes folk dance with locals in Jharkhand

Gandhi said, 'It is matter of shame that IAF protects country but PM steals money from the Air Force and puts it in...

2 March 2019 5:03 PM IST

I stand with the people of Andhra Pradesh. What kind of a Prime Minister is he? He did not fulfil the commitment made to the people of Andhra Pradesh. Modi tells a lie wherever he goes. He has got no credibility left, Rahul said. (Photo: ANI)

India

PM can't do without PR, attacked us despite unity talk: Rahul

Slamming PM, party chief Rahul Gandhi Friday said Modi can't refrain from engaging in public relations exercise 'even...

2 March 2019 8:47 AM IST