E-PaperJio Rcom Deal News
The $41 billion wealth gap that divides the Ambani brothers
The sale of RCom assets to Reliance Jio brings the saga of Mukesh Ambani and Anil Ambani full circle and sets the stage for the next chapter in the story of one of India's greatest business dynasties
8 min read22 Oct 2018RCom to exit telecom fully to focus on realty: Anil Ambani
Reliance Communications's first priority is to resolve its over 40,000 crore debt, says Reliance Group chairman Anil Ambani at the RCom AGM
2 min read18 Sep 2018RCom completes ₹ 3,000 crore asset sale to Reliance Jio
Anil Ambani-led Reliance Communications (RCom) has completed the sale of fibre assets worth 3,000 crore to Mulesh Ambani-led Reliance Jio
1 min read27 Aug 2018RCom sells assets worth ₹ 2,000 crore to Reliance Jio
The sale of media convergence nodes concluded today represents the initial tranche of the planned RCom-Reliance Jio deal
1 min read23 Aug 2018SC tells RCom, Reliance Jio to maintain status quo on asset sale plan
Supreme Court has asked RCom and Reliance Jio to maintain status quo on their Rs25,000 crore asset sale until the next hearing
1 min read23 Mar 2018RCom gets bondholders’ nod for asset sale to Reliance Jio
Reliance Communications hopes to cut its debt by Rs39,000 crore from Rs45,000 crore with its asset sale to Reliance Jio
1 min read22 Mar 2018SBI seeks Supreme Court nod for RCom asset sale to Reliance Jio
SBI's move comes a day after RCom approached the Supreme Court for stay on orders of the Bombay HC and NCLT barring it from selling assets to Reliance Jio without prior approval
1 min read21 Mar 2018RCom says to appeal NCLT order against Reliance Infratel asset sale
NCLT has stayed the Reliance Infratel asset sale, part of the larger RCom-Jio deal, in response to a petition filed by investor HSBC Daisy Investments
1 min read13 Mar 2018Bombay HC dismisses RCom’s appeal against tribunal order stalling asset sale
RCom and its subsidiaries had objected to an arbitration tribunal's ruling stating that Ericsson was an unsecured creditor
2 min read9 Mar 2018CCI clears proposals for RCom asset sale to Reliance Jio
The proposals cleared include RCom's telecom towers, spectrum, optical fibre network in India and media convergence nodes
1 min read9 Mar 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared