Reliance Communications Limited (popularly, RCOM) was an Indian mobile network provider headquartered in Navi Mumbai that offered voice and 2G and 3G data services. RCom, weighed under a debt of Rs 46,000 crore, did not … Find Reliance Communication news headlines, photos, videos, comments, blog posts and opinion at The Indian Express. Get latest Reliance Communication News in Hindi, updates and stories. The National Company Law Tribunal (NCLT) will take up the resolution plan of Reliance Communications and Reliance Telecom Infrastructure Ltd (RTIL) on August 19. Get Reliance Communications Ltd (RCOM-IN:National Stock Exchange of India) real-time stock quotes, news and financial information from CNBC. GCX Ltd., which owns the world’s largest private undersea cable … While the personal guarantee matter is being heard by the SC, the fate of dues worth Rs 45,000 crore, including to the Chinese banks, will be decided ... 10.34 pm | 27 Aug 2020 | Press Trust of India. Interim Resolution Professional (IRP) Pardeep Kumar Sethi, however, admitted dues of Rs 30 crore out of fresh claims of Rs 8,189 crore, taking admitted claims so far to Rs 49,223.88 … Business Standard News: Check out Reliance Communications (RCOM) latest news, breaking news headlines from Business Standard News | Page 1 Reliance Communication News. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". (File) Reliance Communications, controlled by the Anil Ambani group, Friday decided to opt for insolvency proceedings through the National Company Law Tribunal (NCLT) after failing to sell assets to pay up debt to the tune of around Rs 45,000 crore. RCOM’s World-Class Mumbai Data Center Facility Receives Additional Endorsement March 12, 2019; RCOM & GCX wins award for Most Effective Recruitment Campaign at the HR Talent Management Leadership Awards February 16, 2019; RCOM & GCX Announce Strategic Transformation Plans Across India & Emerging Markets September 26, 2018 The … This March, Reliance Industries had to go back on its plans to buy Reliance Communications due to the many legal and other hurdles created by the by Telecom Ministry and the younger Ambani's lenders. Now, RCom will be handled by NCLT professionals to bring an insolvency resolution. Reliance Communications Leaves 3,000 Employees Out in the Cold. A unit of Reliance Communications Ltd., Anil Ambani’s distressed telecom firm, has filed for bankruptcy protection. Anil Ambani’s Reliance Communication just gave you 15% gains; Know why Fri, Nov 30, 2018 Such an outburst of love in Anil Ambani’s RCom was due to a good news given by Supreme Court, which meant that the deal with brother Mukesh Ambani’s Reliance … Reliance Communications’ committee of creditors (CoC) will hold a meeting on Wednesday, the company said in a... SC rejects Government's plea … ", Dream run may come to a screeching halt anytime, warn analysts as fundamentals do not back them. Latest Energy News; Reliance communications; Reliance Communications. RCOM’s World-Class Mumbai Data Center Facility Receives Additional Endorsement March 12, 2019; RCOM & GCX wins award for Most Effective Recruitment Campaign at the HR Talent Management Leadership Awards February 16, 2019; RCOM & GCX Announce Strategic Transformation Plans Across India & Emerging Markets September 26, 2018 Reliance Infrastructure has decisively crossed the 200-day moving average (DMA), as per the daily chart. The approval was almost unanimous with a … Kindly visit the Manage my subscription page to discover the benefits of this programme. Reliance Communications owed financial creditors ₹ 49,193.46 crore at the time of being taken to bankruptcy court in May 2018. What charts say, MCA defends IBC provision on personal insolvency in Anil Ambani case, SC rejects SBI plea to vacate stay on invoking Anil Ambani's personal guarantees, Delhi HC stays insolvency resolution proceedings against Anil Ambani, RBI's order could spell trouble for ARC-owning PE funds, say experts, AGR case: Supreme Court puts spectrum users in the dock on IBC firms' dues, AGR case: Supreme Court fears bankruptcy proceedings may consume dues, AGR case: Liquidation the only option without spectrum sale, RCom tells SC, Reliance Communications' resolution in limbo as DoT raises objection, AGR case: Telecom companies can use spectrum but not own it, says SC, AGR case: SC seeks details of spectrum sharing between RCom, Reliance Jio, SC asks Centre to prepare plan for recovering AGR dues from bankrupt telcos, Birla Tyres to RCom, low-denomination stocks hit top gear on Dalal Street, How Reliance Jio's Google deal in India threatens Chinese mobile market, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email). 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