Articles about China Development Bank

Had to sell jewelry to pay legal costs: Anil Ambani

26 Sep 2020

Business
Had to sell jewelry to pay legal costs: Anil Ambani

Anil Ambani, once the world's sixth-richest man, told a court in London on Friday that he sold his jewelry to meet legal costs and that his expenses are being borne by his family, reports said.

RCom to exit SDR, reduce debt by Rs. 39,000cr: Ambani

27 Dec 2017

Business
RCom to exit SDR, reduce debt by Rs. 39,000cr: Ambani

Anil Ambani-owned Reliance Communications has announced it would exit the ongoing Strategic Debt Restructuring (SDR) scheme of its lenders by selling its Rs. 25,000cr-worth telecom assets, including towers, spectrum and optical fiber by Mar'18.

More trouble for RCom: China Development Bank files insolvency case

28 Nov 2017

Business
More trouble for RCom: China Development Bank files insolvency case

There's more trouble brewing for Anil Ambani's debt-ridden Reliance Communications as China Development Bank (CDB) filed an insolvency case against it.

RCom cancels merger with Aircel, says it was mutual

02 Oct 2017

Business
RCom cancels merger with Aircel, says it was mutual

Due to the disruption caused by Jio in the already financially strained telecom sector, some players decided to merge in order to survive.

China eyes up Pakistan: Dawn newspaper leaks CPEC master plan

16 May 2017

World
China eyes up Pakistan: Dawn newspaper leaks CPEC master plan

In a shocking instance, reputed Pakistani daily Dawn leaked the Long Term Plan for the China Pakistan Economic Corridor (CPEC), currently under discussion at China's ongoing OBOR summit. The document had not been circulated to provincial governments for assent yet.