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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

Gayathri
Gayathri is an engineer, and the author of Time Racers. Her works have been published in leading newspapers, magazines and websites. Her family is the main source of inspiration for her literary attempts - and she is confident they will provide her with enough drama to last out her writing career!
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