Anil Ambani - Wikipedia
WEBIn early 2019, a court in Mumbai held Ambani in criminal contempt for non-payment of personally guaranteed debt Reliance Communications owed to Swedish gear maker Ericsson. Instead of jail time, the court gave him a month to come up with the funds.
Reliance Communications - Wikipedia
WEBReliance Communications Limited has paid ₹ 5.5 billion (equivalent to ₹ 6.8 billion or US$82 million in 2023) to Swedish multinational telecom and networking firm Ericsson a day before the Supreme Court’s deadline, the Anil Ambani-led company said in a statement.
The rise and fall of Anil Ambani’s Reliance Communications
WEBBallooning debt, telecom tariff wars, failed capital raising would spell doom for the company over the next few years. Here’s a look at the rise and the fall of RCom. RCom initially debuted as ...
Reliance Communications: On father's birthday, Mukesh Ambani gives Anil ...
WEBDec 29, 2017 · NEW DELHI: Anil Ambani ’s struggling telecom operations received a bail-out from elder brother Mukesh’s Reliance Jio as the siblings announced a wide-ranging, but expected, deal for spectrum, towers and optic fibre assets on their father's birthday.
Good news for Anil Ambani as NCLAT dismisses tax claim against Reliance …
WEB3 days ago · CIRP Against Reliance Communication. Corporate Insolvency Resolution Process (CIRP) against Reliance Communication was initiated on June 22, 2019. The state tax department had filed two claims ...
What is the contempt case against Anil Ambani’s Reliance Communications ...
WEBFeb 20, 2019 · The Supreme Court Wednesday held Reliance Communications (RCom) chairman Anil Ambani guilty of contempt for not paying Rs 550 crore dues owed to Swedish telecom giant Ericsson.
Mukesh Ambani’s buyout of Anil Ambani’s RCom: This is how the …
WEBDec 29, 2017 · Mukesh Ambani-owned Reliance Jio Infocomm on Thursday purchased a clutch of wireless assets from Anil Ambani’s Reliance Communications (RCom) including wireless spectrum, tower, fibre and media...
Reliance Communications: NCLAT order out! Major tax relief for Anil …
WEB3 days ago · The National Company Law Appellate Tribunal (NCLAT) has provided a big relief to Anil Ambani ’s debt-ridden Reliance Communications (RCom) by setting aside a petition filed by the state tax department claiming dues from the telecommunications company observing that it was based on the assessment made after the initiation of …
Anil Ambani resigns as Reliance Communications director
WEBNov 16, 2019 · Anil Ambani has resigned as the director of Reliance Communications. The move comes even as lenders to the telecom company are looking to sell RCom assets.
Reliance Jio | Mukesh Ambani’s Reliance Jio to acquire assets of Anil …
WEBNov 22, 2022 · Mukesh Ambani’s Reliance Jio (Jio) has secured the approval of the National Company Law Tribunal (NCLT) to acquire the tower and fibre assets owned by younger brother Anil Ambani’s Reliance Communications (R-Com) for Rs 3,720 crore.
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