As RCom faces insolvency test; Mukesh Ambani"s hope of bailing it out fade

Insolvency administrators will now oversee disposal of RCom assets under rules that could bar him from bidding for them......»»

Category: topSource: business-standardMay 17th, 2018

Ford CEO Hackett faces tough test to drive change, FT reports

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewall4 hr. 54 min. ago

Karnataka election fallout: Cong pins hope on live telecast of floor test

The Karnataka governor has appointed BJP leader Bopaiah as the pro-tem speaker.....»»

Category: topSource: business-standardMay 19th, 2018

Insolvency: RCom, Ericsson India likely to settle dispute outside NCLT

Ericsson had filed a petition with the NCLT.....»»

Category: topSource: business-standardMay 17th, 2018

Four years of Modi government: Riding on GST, insolvency law

While glitches attended its roll-out and the tax is not as simple as originally planned, many hope the GST Council will stabilise the tax and improve the tax-GDP ratio.....»»

Category: topSource: business-standardMay 16th, 2018

RCom"s insolvency jeopardises $3.7 bn deal; shares and bonds tumble

Shares of RCom, as the company is known, dropped as much as 9.7 percent on Wednesday in Mumbai, while its 2020 dollar bonds plummeted the most in more than seven months.....»»

Category: topSource: business-standardMay 16th, 2018

Mapping insolvency: NCLT admits RCom, two subsidiaries under IBC

Move comes after Ericsson approaches tribunal for repayment of dues of Rs 11.5 bn.....»»

Category: topSource: business-standardMay 15th, 2018

Mukesh Ambani"s East West Pipeline begins its second round of restructuring

A petition will now be filed in the Ahmedabad Bench of the National Company Law Tribunal to get approval of the scheme from the company's creditors.....»»

Category: topSource: business-standardMay 11th, 2018

Mukesh Ambani"s Reliance Jio tariff pulls down shares of telecom companies

Bharti Airtel fell 6.4 per cent, while Idea Cellular plunged nearly 12 per cent, the most in a decade, on fears that Jio's new plan will erode revenues and margins.....»»

Category: topSource: business-standardMay 11th, 2018

Mukesh Ambani"s RJio piles on pressure with new Rs 199 postpaid plan

Jio's Rs 199 plan offers 25 GB of data along with free calling and free subscription of Jio apps.....»»

Category: topSource: business-standardMay 10th, 2018

Despite Mukesh Ambani"s Reliance Jio hit, incumbents cling to market share

Airtel, Vodafone, BSNL increase subscriber share while Idea manages to retain.....»»

Category: topSource: business-standardMay 6th, 2018

Mukesh Ambani"s daughter Isha to tie knot with Anand Piramal in December

Anand is the founder of Piramal Realty. Prior to that, he had founded Piramal Swasthaya, a rural healthcare initiative.....»»

Category: topSource: business-standardMay 6th, 2018

CryptoWatch: Bitcoin rally faces key test as it nears $10,000

After a fruitful four weeks for owners of digital currencies, which has seen the total value of all coins climb 72% to $460 billion, one analyst has suggested owners need to take stock as the No. 1 digital currency enters a crucial level......»»

Category: topSource: marketwatchMay 4th, 2018

Why LeBron James Wants Liverpool to Win the Champions League

Liverpool will hope to win a sixth European Cup when it faces Real Madrid on May 26......»»

Category: topSource: newsweekMay 3rd, 2018

The key local elections battlegrounds that will decide Theresa May"s fate

REUTERS/Peter Nicholls Theresa May faces a major test of her leadership as English voters prepare to go to the polls in the local electio.....»»

Category: topSource: businessinsiderMay 2nd, 2018

Mukesh Ambani"s Reliance Jio challenge and changing goalposts of telcos

Jio wants to grab 50 per cent revenue share in the mobile market within three-four years of its launch (it has been on for 18 months).....»»

Category: topSource: business-standardMay 1st, 2018

Mukesh Ambani-owned Reliance Jio"s subscriber revenue rate highest in Q4

The launch of services by Jio in September 2016 had disrupted the whole telecom sector, with operators matching low rates to maintain competitive edge.....»»

Category: topSource: business-standardApr 29th, 2018

News digest: RIL Q4 results, Bank stocks rally, Hindi audiences, and more

Mukesh Ambani-led Reliance Industries (RIL) reported a consolidated net profit of Rs 94.35 billion for the quarter ending March 31 (Q4).....»»

Category: topSource: business-standardApr 27th, 2018

Reliance Jio posts net profit of Rs 5.1 bn in Q4; subscriber base up 16%

The Mukesh Ambani-led telco, however, saw an 11 per cent drop in average revenue per user.....»»

Category: topSource: business-standardApr 27th, 2018

Canada"s WestJet CEO faces labor headwinds as pilots weigh strike

MONTREAL (Reuters) - WestJet Airlines new chief executive is facing his first major test as the Canadian carrier's pilots weigh strike action and larger rival Air Canada on Thursday offered to accommodate travelers if there is a disruption......»»

Category: topSource: reutersApr 26th, 2018

Facebook faces Wall Street; Shire deal; Credit Suisse soars

1. Facebook's Wall Street test: Facebook will face the investors for the first time since the Cambridge Analytica scandal erupted......»»

Category: topSource: cnnApr 25th, 2018