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  RJio to take over mobile biz assets of Anil Ambani's debt-ridden RCom

  Business | December 28, 2017 23:56 IST

  The announcement comes days after RCom disclosed a deal with lenders under which Rs 40,000 cr will be raised through sale of assets, averting an imminent takeover by the 35 local and foreign banks.

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  Only 'moral financing' prevails, says Anil Ambani after announcing massive debt reduction for RCom

  Business | December 27, 2017 13:45 IST

  Anil Ambani said on Tuesday that the company has achieved full resolution of RCom's debt, cutting it by Rs 25,000 crore to Rs 6,000 crore by monetising assets.

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  RCom announces massive debt reduction, shares zoom 30 per cent

  Business | December 26, 2017 16:05 IST

  Reliance Group's Chairman Anil Ambani on Tuesday announced plan to reduce the company's debt by Rs 25,000 crore to Rs 6,000 crore.

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  In biggest debt reduction by an Indian corporate, RInfra inks Rs 18,800 cr deal to sell Mumbai power business to Adanis

  Business | December 21, 2017 17:01 IST

  While the total deal value of the sale of Reliance Energy is Rs 13,251 crore, regulatory assets estimated at Rs 5,000 crore and net working capital on closing estimated at Rs 550 crore would also accrue to RInfra.

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  Anil Ambani-led Reliance Group sues Congress' Abhishek Singhvi for Rs 5,000 cr

  Business | December 15, 2017 16:12 IST

  The Anil Ambani-controlled group was among the three wilful defaulters named by Singhvi whose loans the government had allegedly written off.

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  More trouble for RCom, two Chinese lenders back CDB’s insolvency petition against Anil Ambani's telco

  Business | December 06, 2017 14:29 IST

  The ICBC and Export-Import Bank of China are planning to support China Development Bank's insolvency petition against RCom.

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  China Development Bank drags debt-ridden RCom to bankruptcy court over $2bn debt

  Business | November 28, 2017 9:04 IST

  In a statement issued on Monday, RCom said it was ‘surprised’ by the ‘untimely and premature action’ of the China Development Bank.

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  Anil Ambani-controlled Reliance ADAG shares fall up to 15 pc on BSE, RCom down to single digit

  Business | November 15, 2017 17:03 IST

  Shares of debt-ridden Reliance Communications touched a new low of Rs 9.75 in its first ever fall to single digits.

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  Anil Ambani’s RCom concludes merger with Sistema Shyam Teleservices

  Business | November 01, 2017 11:32 IST

  Reliance Communications' board also approved issuing 10 per cent equity in the company to Sistema Shyam Teleservices, as part of the agreement between the two.

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  No loan write off needed, lenders to take 51% after conversion: RCom

  Business | October 30, 2017 23:24 IST

  RCom offered a comprehensive debt-resolution plan to its domestic and foreign lenders, saying it will not involve any loan write-off by the lenders.

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  Anil Ambani's Reliance Communications to shut down 2G business by November 30: report

  Business | October 25, 2017 15:47 IST

  Reliance Communications has asked most its employees to exit the company by November 30, a media report said.

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  Boost to Anil Ambani as DoT clears Reliance Communications – Sistema Shyam merger

  Business | October 24, 2017 9:28 IST

  The merger between Sistema Shyam and Reliance Communications promises Rs 700 crore extra income and two million new users for Anil Ambani's telco.

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  Ambani-led RCom’s shares drop to all-time low after Aircel merger deal collapses

  Business | October 03, 2017 21:45 IST

  Shares of Anil Ambani owned Reliance Communications (Rcom) plunged to an all-time low on Tuesday, after the company called off its plan to merge with Aircel Ltd

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  Brookfield to revise deal for 51 pc stake in RCom’s mobile tower business after Aircel merger fails

  Business | October 03, 2017 10:08 IST

  Canadian firm Brookfield will pay less for the 51 per cent stake in RCom's mobile tower business.

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  In veiled reference to Jio, Anil Ambani says telecom heading from choice-driven market to monopoly

  Business | September 27, 2017 11:28 IST

  Wireless sector is slowly moving from a hugely customer-friendly market towards either oligopoly, duopoly or potentially a monopoly

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  Anmol Ambani at 31st Reliance Capital AGM: 'Together we are digital, disruptive, dreamers'

  Business | September 26, 2017 17:20 IST

  Anmol Ambani on Tuesday addressed shareholders at 31st annual general meeting (AGM) of Reliance Capital, the financial services arm of the Anil Ambani-led Group.

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  Reliance Capital to launch standalone health insurance arm

  Business | September 26, 2017 17:13 IST

  Reliance Capital already offers health insurance products and the move to have a standalone offering is to increase retail presence in the already cluttered mediclaim segment.

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  'One Nation, One Tax, One Market': GST brings promise of economic liberation, says Anil Ambani

  June 29, 2017 13:18 IST

  Ambani said what Prime Minister Narendra Modi had done in three years on GST could not be done in the previous 30 years

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  Reliance Communications chief Anil Ambani not to draw any salary this financial year

  June 14, 2017 16:16 IST

  Anil Ambani-led Reliance Communications is reeling under debts and faced credit downgrades over its inability to pay back loans

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  Reliance Communications gets 7 months for debt servicing; to cut liabilities by 60 pc

  June 02, 2017 21:14 IST

  Reliance Communications has close to Rs 45,000 crore debt on its books.