Page 5 - Reliance Communications

Anil Ambani may sell or lease out Mumbai headquarters to pare debt: Report

Several companies of the Anil Dhirubhai Ambani Group are in the legal crosshairs for not paying back debt. As of March 2018, the group's consolidated debt stood at Rs 1.72 trillion

NCLT appoints Deloitte's Aneesh Nanavati as RP for Reliance Communications

According to RCom's own admission, financial creditors have made claims worth Rs 57,382 cr from RCom and its two subsidiaries as of June 16

Reliance Communications denies France gave a waiver on unit's tax dues

RCom issued the denial after Le Monde newspaper reported that four years ago France dropped a demand for about $159 mn in taxes owed by Reliance's subsidiary in Europe

Ericsson will have to refund Rs 550 cr if RCom insolvency proceeds: NCLAT

Appellate tribunal's observations came during a hearing on RCom to initiate insolvency against self

NCLAT stays DoT show-cause notice to RCom; next hearing on April 8

Appellate tribunal says would like to hear DoT before giving an order

NCLAT stays DoT's show cause to RCom for cancellation of spectrum licence

NCLAT's direction came over hearing of an application moved by RCom

Reliance Communications pays Rs 462 crore to Ericsson

Late last month, the Supreme Court had ordered Anil Ambani's RCom and two of its directors to pay Ericsson Rs 450 crore within four weeks or face a three-month jail term for contempt of court

NCLAT refuses to ask SBI to give RCom tax refunds worth Rs 260 cr

Appellate tribunal has asked all parties to ensure that the settlement plea is followed in letter and spirit

NCLAT refuses to direct SBI to release I-T refund of Rs 260 crore to RCom

No direction can be given to any party to settlement to perform certain duties to ensure settlement between other parties, says NCLAT

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

The NCLAT was hearing RCom's plea, which has approached the appellate tribunal seeking waiver over the moratorium placed by it on February 4

Lenders awaiting SC order to resolve Rs 10,600-crore Reliance Naval debt

Reliance Naval is the second company in the Anil Ambani group after Reliance Communications that is facing NCLT proceedings

Lenders may refuse to take RCom's request for release of Rs 260 crore

Anil Ambani firm requested banks to release Rs 260 crore from escrow account to pay Ericsson

Anil Ambani companies' stand is an 'attempt to mislead, smacks deceit': HC

In its initial observations, court finds fault in arguments made against Edelweiss companies for the sale of pledged shares

Anil Ambani group lenders not to sell pledged shares till September

Move follows understanding with 90% of creditors, group vows to stick to repayment schedule in loan agreements, promoters to sell 30% stake in RPower

CJI Ranjan Gogoi sacks two SC staff for tampering with orders on RCom

Case related to requirement of personal appearance of RCom chairman Anil Ambani in Ericsson contempt case

Got only Rs 790 cr from Jio deal so far, zero from fibre assets: RCom to SC

Top court reserves verdict in contempt plea moved by Ericsson against Anil Ambani, other executives of RCom

Hearing of contempt notice to Anil Ambani on Ericsson plea adjourned to Wed

The Bench said it will continue hearing the contempt plea tomorrow due to paucity of time and assembling of a special Bench in the post-lunch session

Bankrupt RCom arm to develop 132-acre land in Navi Mumbai as fintech centre

In the past, chairman Anil Ambani had claimed that the plot had a development potential of Rs 25,000 crore

RCom's decline and fall: How debt, bad decisions, Jio brought down company

Analysts say RCom had many assets but it did not time the sale right

RCom taking insolvency route out of 'dishonest intention': Ericsson to SC

Ericsson also names SBI chairman in fresh contempt plea against RCom for not paying Rs 550 cr, sources say