1. Lenders to Take Over Anil Ambani’s RCom Lenders are set to take control of Anil Ambani’s Reliance Communications Ltd after the company’s debt reduction plan failed. The banks have decided to convert Rs 7 000 crore of loans into equity. The conversion will take place between 7 and 15 December Punit Garg executive director at RCom said in an interaction with BloombergQuint. The lenders will get a
1. Lenders to Take Over Anil Ambani’s RCom Lenders are set to take control of Anil Ambani’s Reliance Communications Ltd after the company’s debt reduction plan failed. The banks have decided to convert Rs 7 000 crore of loans into equity. The conversion will take place between 7 and 15 December Punit Garg executive director at RCom said in an interaction with BloombergQuint. The lenders will get a
1. Lenders to Take Over Anil Ambani’s RCom Lenders are set to take control of Anil Ambani’s Reliance Communications Ltd after the company’s debt reduction plan failed. The banks have decided to convert Rs 7 000 crore of loans into equity. The conversion will take place between 7 and 15 December Punit Garg executive director at RCom said in an interaction with BloombergQuint. The lenders will get a
Aditi Dutta is a working professional. She enjoys reading, writing and ruminating in whatever time she is able to steal for herself. She lives in Gurgaon with her husband and two children.