MUMBAI (Reuters) - Indian tycoon Anil Ambani, who controls Reliance Communications (RLCM.NS), is due to hold a media briefing on Friday in a bid to reassure investors after worries over the mobile ...

Some of the triggers that led the State Bank of India to conduct a forensic audit and classify the Reliance Communications loan account as ‘fraud’. 1. Reliance Communications (Rcom) and its two ...

Tuesday's rally marked the fourth straight day of gains, taking the four-day cumulative gain to 18.42%, even as the broader market remained under severe volatility. Despite the renewed interest in the ...

Reliance Communications (RCom), once a formidable force in India's booming telecommunications industry, had a rapid ascent and a spectacular decline. In the latest development about the beleaguered ...

MUMBAI (Reuters) - Reliance Communications said on Wednesday it had applied to a tribunal to withdraw a plan to spin-off its towers business, as a first step towards renegotiating the deal after ...

The sale was a result of lenders invoking shares pledged with them. Anil Ambani’s Reliance Communications, which recently had to pay Ericsson dues worth Rs 580 crore, saving its chairman from going to ...

On the day Reliance Communications (RCom) announced the quarterly losses of Rs 30,163 crore, its chairman Anil Ambani resigned as the director of the insolvent telco, which effectively meant ...

Reliance Communications announced a deal that would see its tower business combine with smaller rival GTL Infrastructure RCom will demerge its tower arm, Reliance Infratel, into GTL Infrastructure and ...

Jio placed bid for tower and fibre assets of Reliance Infratel Ltd (RITL) and UVARC for assets of RCom and Reliance Telecom Ltd. “SBI board has approved a resolution plan for RCom. It is expected to ...

Simply sign up to the Indian business & finance myFT Digest -- delivered directly to your inbox. India’s Ambani brothers have completed the first part of a long pending multibillion-dollar telecom ...

New Delhi: Reliance Communications will shortly move the insolvency tribunal seeking bankruptcy protection as the Anil Ambani-owned company seeks to sell assets, repay lenders and pare its ...