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Reliance Infratel Limited

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Jio gets nod to acquire Reliance Infratel

The National Company Law Tribunal (NCLT) on Monday gave its approval to Jio for the acquisition of Reliance Infratel (RITL). Photograph: PTI Photo The tribunal asked Jio to deposit Rs 3,720 crore......

New twist to Anil Ambani's bankruptcy case

The Delhi high court on Monday sought the Centre and SBI's reply to former RCom chairman Anil Ambani's plea to include the Chinese banks, which have got a decree of $717 million against him from a......

Nifty50 valuation hits all-time high as investors bid up share prices

The current valuation is 38 per cent higher than the 10-year average of 22x and over 50 per cent higher than the 20-year average of around 20x. As equity investors bid up share prices on Dalal......

No personal guarantee given to Chinese banks: Anil Ambani

He, however, seemed to indicate that he did give a personal guarantee to India's largest lender SBI, which has moved the NCLT to recover Rs 1,200 crore. Beleaguered businessman Anil Ambani on......

Chinese banks face SBI hurdle in recovering Anil Ambani dues

With the State Bank of India moving the National Company Law Tribunal’s Delhi bench to enforce the personal guarantees of Ambani, it will delay the recovery of dues by the Chinese banks which......

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