MUMBAI: The Bombay high court on Friday stayed a Canara Bank order passed in November 2024 classifying the loan account of industrialist Anil Ambani’s now defunct Reliance Communications (RCom ...

This March, RIL and Reliance Communications (RCom) terminated the sale agreement by mutual consent after Department of Telecommunications (DoT) refused to clear the sale The lenders of RCom too ...

The others who bid include UV Asset Reconstruction and US-based equity fund Varde Partners. Rcom’s assets include airwaves in 14 telecom circles, 43,000 telecom towers, licence for its 800 MHz ...