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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......

Govt banks may go after personal guarantors of bad loans

The finance ministry has asked public sector banks to monitor cases where insolvency proceedings could be initiated against individuals who are guarantors of corporate debtors that have defaulted......

Court stays insolvency proceedings against Anil Ambani

The Delhi high court on Thursday put on hold the insolvency resolution process (IRP) proceedings against Reliance Communications (RCom) chairman Anil Ambani in relation to the recovery of Rs 1,200......

NCLT initiates bankruptcy proceedings against Anil Ambani

Anil Ambani had given a personal guarantee to the loans given by SBI to Reliance Communications and Reliance Infratel in August 2016. The NCLT has directed to initiate......

Chinese banks may get Rs 7,000 cr from 3 Anil Ambani firms

Chinese banks -- China Development Bank, China Exim Bank and Industrial and Commercial Bank of China (ICBC) -- will get a lion share of 30 per cent or Rs 7,000 crore in RCOM/RTL/RITL resolution......

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