The big brother bailout
The history of how Anil Ambani got Reliance Infocomm, ran it to the ground, and finally got older brother Mukesh Ambani to come to his rescue and save him from a jail term.
ericssion
March 2019
May 2018
R-Com reaches settlement with minority investors
A settlement with shareholders such as HSBC Daisy Investments improves R-Com’s chances of proceeding with its deal with Reliance Jio, but the Ericsson matter needs to be resolved too.
R-Com-Ericsson saga raises several questions
With bilateral negotiations and a court case proceeding simultaneously, much rides on Ericsson’s approach in its face-off with R-Com.
RCom shares plunge on NCLT’s bankruptcy action
The National Company Law Tribunal’s Mumbai bench admitted three petitions by Ericsson to start bankruptcy proceedings at Anil Ambani’s Reliance Communications.
