Fri, Jan 05, 2018
CDB, which is owed around $2 billion along with two other Chinese banks, had filed the petition in November seeking insolvency proceedings against RCom, saying a large amount of loan principal and interest payments was overdue.
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Fri, Dec 29, 2017
Last month, China Development Bank initiated insolvency proceedings at India`s National Company Law Tribunal, adding that a large amount of principal and interest from RCom was overdue.
Wed, Dec 06, 2017
Reliance Communications stock today opened at Rs 11.10 and slumped 2.38 per cent to touch an intra-day low of Rs 11.07 on the BSE.
Fri, Dec 01, 2017
Anil Ambani-led RCom today claimed that a majority of its lenders are opposing China Development Bank's (CDB) decision to initiate insolvency proceedings against the embattled telco that's saddled with over Rs 45,000 crore of debt that has turned dud.
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