Page 3 - Rcom

Chinese lenders demand at least $2.1 billion from Anil Ambani's RCom

State-owned China Development Bank, with loans worth Rs 9,860 crore ($1.4 billion) was the biggest creditor to the indebted telecom company, according to a filing made by the company to stock exchange

Doha Bank moves law tribunal, seeks stay on decisions of RCom lenders

Ericsson has been opposed to RCom's move of undergoing insolvency proceedings

Anil Ambani's RCom's bankruptcy proceedings begin; next hearing on May 30

RCom was in trouble for years forcing it to discontinue operations two years ago

RP takes over RCom board; corporate insolvency resolution process to resume

The NCLT has also directed the interim RP to file a progress report of the CIRP. The next hearing is on May 30

Setback for Ericsson as NCLAT lets RCom withdraw plea against insolvency

Ericsson opposes insolvency as it may have to refund the entire Rs 550 crore it has gotten as per Supreme Court's orders

NCLAT reserves verdict on RCom plea to use tax refunds worth Rs 260 cr

RCom wants to use tax refunds worth Rs 260 crore to pay off Ericsson's Rs 550 crore, following an SC order on same

NCLAT reserves order on RCom plea to release funds to clear Ericsson dues

RCom has been asked by both the Supreme Court and the NCLAT to pay Rs 550 crore to Ericsson

Liability of past dues rests only with RCom, not Reliance Jio: TDSAT

Telecom appellate tribunal asks DoT to reconsider RCom's plea to issue NoC for spectrum trading

Liability of past spectrum dues is only ours and not Jio's: RCom to TDSAT

Past dues related only to spectrum and not licence as being demanded by DoT, says RCom

RCom asks lenders to allow release of Rs 260 crore directly to Ericsson

RCom said it had received the sum as income tax refunds and is lying in its bank account

SC's order on Ericsson's contempt plea against Anil Ambani, others on Wed

RCom had told the court they had tried to move 'heaven and earth' to ensure Ericsson gets its due but was unable to do so due to failure of assets sale deal with Jio

SC reserves order on Ericsson's case against RCom chief Anil Ambani, others

The plea by Ericsson had sought that the court direct Ambani and the lenders forum to hand over the Rs 550 crore with interest from sale proceeds as per the October 23 order

Anil Ambani Group shares under pressure; RCom plunges 48%

Reliance Capital, Reliance Naval and Engineering, Reliance Infrastructure, Reliance Home Finance, Reliance Power and Reliance Nippon Life were down up to 14 per cent on the BSE in intra-day trade.

Anil Ambani's RCom to go for insolvency process after failure to repay debt

RCom even failed to sell spectrum to Mukesh Ambani's Reliance Jio, a deal that was expected to bring some relief to the cash-strapped company

Reliance Communications losses widen to Rs 238 crore in Q3

Indian operations' revenue and Ebitda stood at Rs 415 crore and Rs 6 crore, respectively, while global business contributed revenue and Ebitda of Rs 779 crore and Rs 153 crore, respectively

RCom raps creditor Ericsson for 'sensationalising' the debt issues

Ericsson India signed a seven-year deal in 2014 to operate and manage RCom's nationwide telecom network Romita Majumdar

Will clear dues, but oppose Ericsson's media trial and sensationalism: RCom

Ericsson earlier moved the SC seeking initiation of contempt proceedings for the second time against RCom for allegedly not complying with its order to clear dues of Rs 550 crore

Ericsson case: RCom gets relief from TDSAT, can go ahead with spectrum sale

The debt-laden firm pointed out that 38 secured lenders of the group have already approved the sale of the said spectrum

Two buyers interested in RCom's leftover businesses: Company official

Ambani had announced that RCom will be completely exiting the telecom business to concentrate on real estate in future. The proceeds from the sale will go to its creditors, he had said

Anil Ambani's RCom to develop 133-acre infotech park in Navi Mumbai

The valuation of this project, according to an HDFC Realty study, is estimated to be over Rs 250 billion, Anil Ambani said