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......
Finance ministry advises banks to invoke personal guarantees of all promoters whose companies have gone to NCLT for debt resolution. IMAGE: Reliance Communications (RCom) chairman Anil Ambani......
The dispute between RCom and Chinese banks led by ICBC started after Anil Ambani led company defaulted on its loans to Indian as well as Chinese banks. A British court on May 22 asked Ambani to pay......
The three companies for sale are Reliance Communications, Reliance Telecom and Reliance Infratel. Four companies, including Mukesh Ambani’s Reliance group and Bharti Airtel, on Monday......
The junior Ambanis - Anmol and Anshul - were inducted on the board to respect the wishes of the shareholders who during the recent AGM asked the management to get fresh blood into the company by......