An update from Reliance Communications Limited ( ($IN:RCOM) ) is now available. Reliance Communications Limited has announced that its trading ...

Bombay High Court stays banks’ action to label Anil Ambani and Reliance Communications as fraud, citing violation of RBI Master Directions.

RCom was seeking a partial repayment of the ₹550 crore that Reliance Group paid Ericsson in 2019 to purge a Supreme Court contempt order for repeatedly defaulting on its dues to the Swedish company.

Ambani had approached the High Court challenging show cause notices issued by Indian Overseas Bank, IDBI Bank and Bank of ...

The Bombay High Court has paused fraud classification proceedings against Anil Ambani and Reliance Communications initiated ...

Court flags violation of RBI’s Master Directions, says unsigned forensic audit cannot trigger fraud proceedings ...

The Bombay High Court has stayed banks’ actions to label Anil Ambani and Reliance Communications as fraud, citing violations ...

The Bombay High Court has suspended actions by three banks against Anil Ambani and Reliance Communications, citing violations of RBI's Master Directions.

The Bombay High Court granted relief to Anil Ambani in multiple suits filed against the consortium of banks, claiming that ...