Reliance Communications

Timelines

Once 6th richest man, Anil Ambani isn't a billionaire now
Business

Once 6th richest man, Anil Ambani isn't a billionaire now

Anil Ambani, the chairman of Reliance Communications, may have fallen out of the billionaire club.
SC to Anil Ambani: Pay dues or go to prison
India

SC to Anil Ambani: Pay dues or go to prison

On Wednesday, the Supreme Court, while hearing Ericsson's case against Anil Ambani-led Reliance Communications for non-clearance of dues, found Ambani guilty of contempt.
Dichotomy of Kapil Sibal: Attacks Ambani outside court, defends inside
Politics

Dichotomy of Kapil Sibal: Attacks Ambani outside court, defends inside

Senior Congress leader Kapil Sibal changed gears on Tuesday as he defended and attacked businessman Anil Ambani just minutes apart, prompting BJP to slam him.
SC to hear Ericsson's plea against Anil Ambani tomorrow
India

SC to hear Ericsson's plea against Anil Ambani tomorrow

The Supreme Court today adjourned for tomorrow the hearing on a contempt notice issued to Reliance Communication Ltd (RCom) Chairman Anil Dhirubhai Ambani and others on a plea filed by Ericsson India for allegedly not clearing its dues of Rs. 550 crore.
EVMs are foolproof, says EC; rejects 2014 polls #EVMHacking claims
India

EVMs are foolproof, says EC; rejects 2014 polls #EVMHacking claims

The Election Commission of India today maintained that Electronic Voting Machines (EVMs) used in India are foolproof and cannot be tampered with.
Reliance Communications to exit telecom to focus on real estate
Business

Reliance Communications to exit telecom to focus on real estate

Billionaire Anil Ambani today announced that the cash-strapped Reliance Communications will be completely exiting the telecom business to concentrate on real estate in future.
Mukesh Ambani's Reliance Jio buying brother Anil's RCom wireless assets
Business

Mukesh Ambani's Reliance Jio buying brother Anil's RCom wireless assets

As expected, Mukesh Ambani's Reliance Jio is taking over the wireless assets of his brother Anil's Reliance Communications, which is burdened with a massive Rs. 45,000cr-debt.
RCom to exit SDR, reduce debt by Rs. 39,000cr: Ambani
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.
Mahesh Bhupathi, Lara Dutta take Gitanjali Gems to insolvency
Business

Mahesh Bhupathi, Lara Dutta take Gitanjali Gems to insolvency

Mahesh Bhupathi and Lara Dutta, brand ambassadors of Gitanjali Gems, have taken the company to insolvency as operational creditors.

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