Care Ratings cut Reliance Capital’s bonds by 8 notches to D from BB, citing delay in coupon payments on several of lender’s non-convertible debentures.
GCX Ltd, which owns the world’s largest private undersea cable system, is the latest among Anil Ambani’s companies to file for bankruptcy in the past year.
Reliance Naval says cash crunch is impacting progress of existing projects leading to extended timelines & thereby erosion of confidence amongst clients.
A bankruptcy tribunal ruling favouring banks will deal another blow to Anil Ambani’s stressed empire after his wireless carrier slipped into insolvency.
More than Rs 930 billion deep in debt, business tycoon Anil Ambani is waging a war to raise money to sail through after his flagship firm Reliance Communications Ltd slipped into insolvency.
Dice have been found dating to the Bronze Age in various Harappan sites in present-day northwest India and throughout Pakistan. And it’s very possible that some had female owners.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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