SC seeks Ambani’s response on Ericsson’s contempt petition 

he Supreme Court on Monday issued notice to Reliance Communication Ltd (RCom) Chairman Anil Dhirubhai Ambani and others on a contempt petition filed by Ericsson India over non-payment of its dues. A bench headed by Justice R F Nariman sought a response from Ambani and others in four weeks.  Continue Reading

RCom seeks shareholders’ nod to raise borrowing limits to Rs 50K cr

The company said its annual general meeting is scheduled to be held on 18 September, to consider various proposals, including revising borrowing limits, alterations to the Articles of Association of the company, and private placement of non-convertible debentures or other debt securities. Continue Reading