Reliance Communications
Indian telecommunications company
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Reliance Communications Limited (RCOM) was an Indian mobile network provider headquartered in Navi Mumbai, Maharashtra that offered voice and 2G and 3G and 4G data services.
In February 2019, the company filed for bankruptcy as it was unable to sell assets to repay its debt. It has an estimated debt of ₹500 billion against assets worth ₹180 billion.
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CBI searches home of Anil Ambani, RCom premisesIndiaTimes - Published | |
Bank fraud case: FIR registered against Anil Ambani; CBI raids premises linked to RCOMThe CBI raided premises linked to Reliance Communications and Anil Ambani concerning a suspected large-scale bank fraud, following an FIR registration. This action follows the ED's questioning of..IndiaTimes - Published | |
Canara Bank classifies Reliance Communications accounts as 'fraud'Canara Bank has classified accounts belonging to Reliance Communications and Reliance Telecom as "fraudulent." RCom, currently undergoing insolvency proceedings, stated that this classification is not..IndiaTimes - Published | |
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