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January 2020
4:12 PM IST
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Business News
Anil Ambani resigns as director of Reliance Communications
 
New Delhi: Anil Ambani has resigned as director of Reliance Communications, the debt-ridden company said in a filing on Saturday.

According to the filing, Ambani along with Chhaya Virani, Ryna Karani, Manjari Kacker, Suresh Rangachar have resigned as directors of RCom.

"Your good office may also note that Shri Manikantan V., has also tendered his resignation as a director and Chief Financial Officer of the Company earlier. The aforementioned resignations shall be put up to the committee of creditors of the Company for their consideration," the filing added.

RCom, which is currently going through insolvency process, has posted a consolidated loss of Rs 30,142 crore for July-September 2019 due to provisioning for liabilities after the Supreme Court ruling on statutory dues.


Looking to build new businesses in India on top of existing verticals: Canon
Rupee strengthens 2 paise to 71.19 on easing crude prices
Budget will have 'plan of action' on economy: Javadekar
India, Iran should work to expedite Chabahar Port development, connectivity to Afghanistan: Zarif
Forex reserves rise by USD 58 mn to record high of USD 461.21 bn
India, US in advance-stage talks to resolve trade issues: Goyal
Gadkari urges states to come forward in the drive for curbing accidents
IndusInd Bank down 5.44 pc to Rs 1400.60
Rupee up by 7 paise against USD
CCI directs probe against Amazon, Flipkart
Panic stricken depositors mill around bank after RBI caps withdrawal limit
US removes currency manipulator label on China ahead of inking of trade deal
Flipkart opens two warehouses in Haryana, to create over 5,000 local jobs
Rupee cuts short 5-day gaining streak; edges down 1 paise to 70.87 against dollar
Rupee extends gains by 8 paise to 70.86 against US dollar
Centre to set up panel to examine issues on royalty rates for major minerals
Tata Motors global sales dip 3 pc dip to 97,348 units in Dec
Huawei exec can be extradited to US, Canada attorney general says
Sebi brings new system audit norms for exchanges, clearing corporations
Oil PSU unions oppose BPCL disinvestment
KERALA NEWS
Kerala set to get two fab labs
 Kochi: Kerala will get two new fab labs this weekend when Chief Minister Pinarayi Vijayan inaugurate  
Sabarimala pilgrimage season ends peacefully
Mortal remains of Keralites to bring back quickly, says Union Minister V Muraleedharan
Kerala govt will continue fight against CAA: Minister
INTERNATIONAL NEWS
Trump trial opens with clash over witnesses
 Washington: The historic impeachment trial of US President Donald Trump opened with fireworks Tuesda
Trump 'would have loved' to have met Thunberg at Davos
China''s ex-Interpol chief sentenced to over 13 years in prison for corruption
Thousands of missing persons during Lanka''s civil war are ''dead'': President Gotabaya Rajapaksa
NATIONAL NEWS
India falls to 51st position in EIU's Democracy Index
 New Delhi: India slipped 10 places to 51st position in the 2019 Democracy Index's global ranking, ac
Plea filed in Delhi HC seeking contempt proceedings against 'Chhapaak' makers
Centre moves SC seeking 7-day deadline for hanging death row convicts
Court modifies Azad''s bail order, allows him to visit Delhi for medical, election purposes
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