State Bank of India has decided to report the loan account of Reliance Communications Ltd (RCOM) as “fraud” and to report the name of Anil D Ambani (erstwhile director of the Company) to the RBI, as ...

Delhi’s Rouse Avenue Court on Friday remanded Gautam Bhailal Doshi in judicial custody till July 1. The ED, while arguing in ...

MUMBAI (Reuters) - Indian tycoon Anil Ambani, who controls Reliance Communications (RLCM.NS), is due to hold a media briefing on Friday in a bid to reassure investors after worries over the mobile ...

Some of the triggers that led the State Bank of India to conduct a forensic audit and classify the Reliance Communications loan account as ‘fraud’. 1. Reliance Communications (Rcom) and its two ...

MUMBAI (Reuters) - Reliance Communications said on Wednesday it had applied to a tribunal to withdraw a plan to spin-off its towers business, as a first step towards renegotiating the deal after ...

Amitabh Jhunjhunwala was already lodged in Delhi's Tihar Jail in connection with a separate investigation being conducted by the Enforcement Directorate (ED).

On the day Reliance Communications (RCom) announced the quarterly losses of Rs 30,163 crore, its chairman Anil Ambani resigned as the director of the insolvent telco, which effectively meant ...

Reliance Communications announced a deal that would see its tower business combine with smaller rival GTL Infrastructure RCom will demerge its tower arm, Reliance Infratel, into GTL Infrastructure and ...

The sale was a result of lenders invoking shares pledged with them. Anil Ambani’s Reliance Communications, which recently had to pay Ericsson dues worth Rs 580 crore, saving its chairman from going to ...

NEW DELHI | MUMBAI: An appellate tribunal has vacated a stay on insolvency proceedings against Reliance Communications (RCom) and its two units, which will make the Anil Ambani-owned telco the second ...

MUMBAI/BEIJING, Nov 28 (Reuters) - Indian telecom player Reliance Communications' (RCom) planned debt restructuring could be complicated by China Development Bank's (CDB) triggering of insolvency ...

New Delhi: Reliance Communications will shortly move the insolvency tribunal seeking bankruptcy protection as the Anil Ambani-owned company seeks to sell assets, repay lenders and pare its ...