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Thursday, March 28, 2024
TopicRCom

Topic: RCom

Anil Ambani’s RCom enters bankruptcy again in an attempt to sell its assets

The National Company Law Appellate Tribunal lifted interim orders on Reliance Communications that temporarily halted the bankruptcy case.

Mukesh Ambani set to reap rewards from brother Anil’s telecom woes

Reliance Jio Infocomm and RCom terminated a 2017 deal that helped Anil Ambani stave off bankruptcy.

India, take a lesson on how to get the Anil Ambanis to pay up

Ericsson snagged a sweet deal by exploiting RCom’s initial reluctance to enter in-court bankruptcy, and then getting a jail risk for Anil Ambani thrown into the mix.

Anil Ambani has a day to piece together $80 million to settle dues and avoid jail

His companies suffered a setback last week after a lower court refused to free up tax refunds withheld by lenders.

Anil Ambani’s RCom tells Supreme Court its asset sale to Jio is at risk

The govt has moved the Supreme Court against allowing the sale unless it is given Rs 29.4 billion in bank guarantees from either company.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.