Ericsson India News

Companies

Ericsson moves contempt plea against RCom in apex court

The court orders cited by include those of 3 March 2018, 23 October 2018 and 7 January 2019Ericsson has also sought contempt proceedings against Reliance Infratel Ltd and its chairperson Chhaya Virani

1 min read5 Feb 2019
Companies

NCLAT asks Ericsson to file objection over RCom's plea for insolvency

A two-member bench also said that until further orders, no one can sell, alienate, or create third party rights over RCom’s assetsThe appellate tribunal has directed to list the matter on February 12 for orders

1 min read4 Feb 2019
Companies

Ericsson India moves Supreme Court, seeks contempt action against Anil Ambani & others

Besides seeking contempt proceedings against RCom chairman Anil Ambani and two others, Ericsson has also sought that they be detained in civil prison unless they purge themselves by making the payment.

3 min read4 Jan 2019
Market

Opening bell: Asian stocks edge-up; Bajaj Auto, Amara Raja, Ashok Leyland earnings today

In other news, RCom is in talks with Ericsson India for a settlement and Malaysia's IHH Healthcare extends the deadline for acceptance of its offer for Fortis Healthcare

1 min read18 May 2018
Companies

China Development Bank, Ericsson insolvency petitions against RCom to be heard on 5 Jan

NCLT adjourned insolvency petitions filed by China Development Bank and Ericsson against RCom to 5 January because of a scheduled meeting of the telecom company's lenders later this month

2 min read19 Dec 2017
Market

RCom shares, bonds fall after Ericsson’s insolvency petition

RCom extended losses today, falling nearly 3%, a day after the local arm of Sweden's Ericsson filed a plea with an insolvency court against Reliance Communications

2 min read14 Sep 2017
Industry

Ericsson moves NCLT against RCom to recover Rs1,154 crore dues

RCom says the Indian unit of Ericsson has filed insolvency petitions against the telecom company and two of its subsidiaries before NCLT to recover dues

2 min read14 Sep 2017
Industry

Firms must invest in reskilling staff in new technologies: Ericsson India’s HR head

As telecom mergers result in loss of jobs, the new jobs that will be created will be more specialized and advanced than existing ones, says Ericsson's Sameer Khanna

2 min read4 Apr 2017

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