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Rcom Spokesperson

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Over 1,42,000 people rescued in flood-hit J&K so far

Over 1,42,000 people have been rescued from the flood-ravaged parts of Jammu and Kashmir so far, as the relief operations launched by the Armed forces entered the 12th day on Saturday. “Armed......

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......

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 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......

Anil Ambani says his net worth is nearly zero

In what is in effect a deposit to be paid into court pending a full trial in the case, Judge David Waksman has set a six-week timeline for Anil to pay $100 million to three Chinese banks as he......

Reliance, Airtel and 2 others bid for three Anil Ambani group companies

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......

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