Rcom

RBI's revised ARC norms: Aircel, RCom debt resolution faces uncertainty

Reliance Communications, then owned by Anil Ambani, had to shut down its business operations as a result of its high debt burden and a failed merger with Aircel

5 years of IBC: Debt-ridden RCom awaits court approval to allow UVARCL bid

While the RBI is now planning to allow ARCs to bid for bankrupt companies, RCom's resolution is now stuck in courts

SC rejects SBI plea for resuming insolvency proceedings against Anil Ambani

The Supreme Court Thursday dismissed a plea by SBI seeking resumption of insolvency proceedings against the then chairman of RCom, Anil Ambani, to recover Rs 1,200 crore loan granted to his two firms

Chinese Banks may get Rs 7,000 cr from RCom, RTL resolution plan: Report

The National Company Law Tribunal (NCLT) Mumbai is scheduled to hear the resolution plan of RCOM, RTL and RITL on Friday, the source added

ICICI sees risk of losing RCom case of Rs 210 cr in preferential payment

Indian lender says resolution professional for bankrupt telecom company has made claims which have a 'likelihood' of succeeding.

Stock investing: Cull overleveraged companies from your portfolio

At a time when revenues have been disrupted, these are the ones that could go belly up first

Entire debt from YES Bank is secured, committed to repay: Reliance Group

As many as 44 companies belonging to 10 large business groups reportedly accounted for bad loans of Rs 34,000 crore of YES Bank

SBI board accepts resolution plan for sale of RCom, subsidiaries

According to sources in the bank, the final voting on the resolution will be over on Wednesday

RCom resolution plan: Committee of creditors to meet again on March 2

The voting results on the various resolutions to sell RCom, Reliance Telecom and Reliance Infratel is expected to be declared on March 4

RCom's committee of creditors likely to vote on resolution plan on Feb 24

The banks are expecting that they will be able to salvage much more than what they did from Aircel

RCom Q3 consolidated loss widens to Rs 10,598 cr, income slips to Rs 263 cr

The company had posted a loss of Rs 238 crore in the same period a year ago

Anil Ambani was a wealthy businessman, now he is not: Lawyer tells UK court

Ambani denies providing authority for any such guarantee, resulting in the High Court action in the UK - the jurisdiction agreed to as part of the terms of the loan agreement

Jio, UVARC emerge top bidders for RCom assets with bids worth Rs 21,000 cr

Delhi-based UVARC has offered to pay about Rs 16,000 crore for the spectrum, real estate, and enterprise and data centre businesses of RCom and Reliance Telecom, which houses these assets

Will not face insolvency proceedings, says Anil Ambani's Reliance Infra

The executive mentioned earlier said with the payment of Rs 1,700 crore to lenders, RInfra would not need to go through an insolvency process

RCom CoC to seek 24-day extension for asset sale as deadline ends on Jan 10

The other bidders include Bharti Airtel, Värde Partners and UV Asset Reconstruction Company (UVARCL)

Top events: Nationwide strike, RCom CoC meet, Ghosn to hold presser, & more

Business Standard brings you top events that are lined up for Wednesday

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From Air India privatisation to lay offs at Samsung India, read all the top headlines here.

Reliance Communications' committee of creditors to meet on Wednesday

Reliance Communications is going through the corporate insolvency resolution process under the supervision of the Mumbai-bench of National Company Law Tribunal

Relief for Anil Ambani as UK court dismisses Chinese bank's $680-mn claim

The hearing in the matter took place on November 7 and the order was issued on Monday

Top 10 business headlines: RBI monetary policy, IL&FS net loss and more

From Jio tariffs hike to Bharat Bond Exchange Traded Fund, Business Standard brings you the top headlines of the day