RCOM
- Business
RCOM lenders reject Anil Ambani’s resignation
Mumbai: Reliance Communications Limited (RCOM) has rejected the resignations tendered by Anil Dhirubhai Ambani and four other directors, instructing them to continue holding their posts till the insolvency resolution process of RCOM…
- Business
TDSAT asks DoT to return Rs 2,000 cr bank guarantee to Reliance Communications
Mumbai: TDSAT has directed the Department of Telecommunications (DoT) to return Rs 2,000 crore bank guarantee to Reliance Communications, said a spokesperson of the telecom firm in a statement on Monday. “Telecom…
- Stock Market
Sensex loses ground by over 170 points in early trading
Mumbai: Domestic stock markets opened on a weak note on Monday, the S&P BSE Sensex down by 174 points at 36,295. At 11:15 am, the Nifty 50 was also at 10,835, down…
- Business
Reliance Communications to approach NCLT for debt resolution
Mumbai: The management of Reliance Communications Limited (RCOM) has decided to approach the National Company Law Tribunal (NCLT) with a debt resolution plan which includes among other things the sale of all…