Tag: RCom

Department of Telecommunications won’t renew licence until RCom clears dues

The Department of Telecommunications (DoT) has refused to renew ‘ (RCom) telecom licence unless it clears its statutory dues of ₹26,000 crore. If the bankrupt...

Reliance Communications’ resolution may hit a bump as banks mark its account as fraud

Mumbai: The bankruptcy resolution process for Reliance Communications (RCom) may hit another hurdle with State Bank of India, Union Bank of India and Indian Overseas...

RBI calls up UVARCL to explain flouted norms; RCom, Aircel resolution plans in the balance

MUMBAI: The Reserve Bank of India (RBI) has warned UV Asset Reconstruction Company (UVARCL) that its certificate of registration may be cancelled unless it explains...

DoT opposes RCom resolution plan, says RP hasn’t sought nod for spectrum assets sale

Mumbai: The Department of Telecommunications has launched a scathing attack on resolution professional Deloitte’s handling of Reliance Communications’ insolvency case, alleging that its permission has...

RCom tells SC it did not evade paying AGR dues , indicates it is not liable for SSTL’s dues

Reliance Communications (RCom) has told the Supreme Court (SC) that its insolvency process had started before the apex court’s hearing and verdict on adjusted gross...