If raters get away by moving from AAA to D overnight after companies default, as happened with DHFL, YES Bank, RCom, and IL&FS, it shows a complete breakdown in the rating system. It calls for......
India's telecom sector has been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies. India could go back to a private sector duopoly with......
UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group’s Reliance Communications and Reliance Telecom, which are in the National Company Law......
Resignations of Anil Ambani and four other directors were conveyed to the CoC of RCom in its meeting on November 20 and were unanimously rejected. The Committee of Creditors (CoC) of Reliance......
More asset sales may be only way out, though most of the group companies’ ratings have been downgraded and their combined market value is now a fraction of their combined debt. The Anil......