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Anil Ambani, 4 others resign from bankrupt Reliance Communications
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Nov 16 (ANI): Billionaire industrialist Anil Ambani on Saturday resigned as Director of Reliance Communications as the bankrupt telecom operator nears sale of its assets under an insolvency process.
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RCom posts Q2 loss of Rs 30,142 crore on provisioning of liabilities
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Nov 16 (ANI): Bankrupt telecom operator Reliance Communications has posted a consolidated loss of Rs 30,142 crore for the second fiscal quarter (July to September) due to provisioning of liabilities after the recent Supreme Court ruling on statutory dues.
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