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With immediate effect, the NCLT discontinued Kothari’s services and appointed Prashant Jain as the new RP in the case.
State Bank of India (SBI) is classifying the loan account of insolvent Reliance Communications as fraudulent, citing alleged diversion of funds in a case dating back to 2016. The disclosure was made b ...
The shares of Reliance Infrastructure and Reliance Power witnessed a downtrend in trade on Thursday after the SBI deemed the ...
SBI has tagged Reliance Communications' account as fraud and named Anil Ambani to the RBI, citing irregularities in loan conduct before the company entered insolvency ...
Reliance Infrastructure and Reliance Power assert that SBI's classification of Reliance Communications' loan as fraud has no ...
In this article, we explore the latest twist in the ongoing saga of Reliance Communications—once a telecom giant, now mired in insolvency and fraud allegations.
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Reliance Infrastructure and Reliance Power on Thursday said SBIs classification of Reliance Communications loan account as ...
Reliance Infrastructure and Reliance Power -- issued a clarification to the exchanges that the action by the State Bank of ...
India's Reliance Communications said late on Tuesday that State Bank of India has decided to report its loan account as ...
Reliance Infrastructure and Reliance Power said that both companies are separate and independent listed companies and have no ...
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Last year, state-run Canara Bank also tagged the RCom loan account as ‘fraud,’ a decision that the Bombay high court stayed.
The bank said it gave Anil Ambani and the company several chances in the past two years to respond to the allegations, but ...
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