Rating agency ICRA has downgraded Reliance Capital’s short-term debt worth Rs 950 crore to A4. ICRA announced that the rating watch is with negative implications due to the company’s slow monetization of... Read more »
Telecom operators Vodafone Idea, Bharti Airtel and Reliance Jio have cleared the Rs 10,000 crore to the government in spectrum dues slated for April 10, but Anil Ambani-led Reliance... Read more »
The National Company Law Appellate Tribunal (NCLAT) reiterated Monday that Ericsson India Private Ltd would have to refund the Rs 576 crore including interest payment it got as dues... Read more »
Reliance Communications has paid Ericson Inc 4.62 billion rupees ($67.42 million) as ordered by the Supreme Court saving Anil Ambani the ignominy of facing a jail term. Ericson’s lawyers confirmed... Read more »
Anil Ambani, chairman of Reliance Communications has been held guilty of contempt of court by the Supreme court. According to reports, RCom did not observe the undertaking given by... Read more »