Page 2 - Rcom

Top 10 biz headlines: NBFCs bailout likely, sops in Maharashtra & more

From credit card spending to RIL's Rs 10-trillion m-cap, Business Standard brings you the top business headlines of the day

RCom shares continue to hold on to upper circuit for 4th straight session

In terms of volume, 137,000 shares were traded on the BSE, while 3.9 million shares changed hands on the NSE

Airtel, RIL, three others may submit bids for RCom assets on Nov 25

The last date to submit bids will end on Monday and RCom (Reliance Communications) committee of creditors will also meet on the same day to open bid

Reliance Communications stock tanks over 8% as Sep quarter loss weighs

The company's scrip dropped 3.39 per cent to close at Rs 0.57 -- its record low -- on the BSE

Airtel withdraws bid for RCom assets sale, cites 'unfair' conduct by CoC

The CoC extended the deadline by 10 days and has decided to open bid now on November 25

RCom loss zooms to Rs 30,147 crore in Q2 on provisioning for liabilities

The company had reported Rs 338 crore in losses for the June quarter (Q1), and a profit of Rs 1,295 crore in Q2 last year

RCom's Sep-quarter loss at Rs 30,142 crore on provisioning for liabilities

RCom's total liability includes Rs 23,327 crore licence fee and Rs 4.987 crore spectrum usage charges

RCom asset sale: Deadline for bids extended by 10 days on Jio's request

Airtel has placed conditional bid to buy spectrum of RCom while Bharti Infratel has submitted bids for mobile towers

Bharti Airtel bids for RCom spectrum, Jio seeks deadline extension

It is believed that apart from Bharti Airtel and Bharti Infratel, there are four players that have made a bid

Airtel submit bids for RCom spectrum; Reliance Jio seeks deadline extension

Airtel has placed a conditional bid to buy RCom's spectrum, and Bharti Infratel has submitted bids for the Anil Ambani company's mobile towers

Single investor buying RCom would be preferred: Resolution professional

The AGM saw shareholders expressing disappointment on how their wealth got eroded because of the firm going bankrupt

RCom resolution professional seeks status quo on spectrum licences

The tribunal has asked the DoT to file its reply to the petition by September 24, after which the RP can file a rejoinder to DoT's reply by September 27. The matter will be heard next on September 30

RCom subsidiary files bankruptcy protection without prior consent

The B2B arm of RCom, GCX has voluntarily filed for bankruptcy protection under chapter 11 of the United States bankruptcy code last week, as per a regulatory filing

NCLAT refuses to entertain RCom resolution professional, sends him to NCLT

RCom RP had approached NCLAT with plea that Ericsson India refund Rs 577 crore given to it by RCom

Anil Agarwal's Twin Star Tech not to bid for RCom assets: Report

"Twin Star Technologies will not bid for RCom assets. The company is likely to make a formal announcement in the regard shortly," the source said

Anil Agarwal, Mukesh Ambani join suitors' list for acquiring RCom assets

RCom referred itself to the NCLT for insolvency proceedings after it failed to repay its debt worth Rs 45,000 crore

RCom unit seeks extension from holders as maturity looms for dollar bonds

GCX's attempts for a pact with bondholders comes on the heels of Suzlon Energy Ltd., an Indian wind-turbine maker, missing repayment of $172 million outstanding convertible notes last week

RCom default: NCLAT dismisses contempt petition against Anil Ambani

The appellate tribunal also said that it has not gone into merit and allowed the appeal to be withdrawn on May 29, 2018 after the minority shareholders and RCom reached settlement

Top 10 biz headlines: No relief for FPIs, more trouble for TikTok, and more

From super-rich tax to RCom's SIM swap fraud, Business Standard brings you the top headlines that made news on Thursday

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