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Friday
December 2019
12:03 AM 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.


VodaIdea shares gain over 8 pc amid asset sale plan
Gold falls Rs 73, silver slides by Rs 89
Sensex spurts over 170 points in choppy trade
ICICI Bank inaugurates new service center in Bahrain
Govt hikes toria MSP by Rs 525 per quintal for this year
BSL plans to revamp operations; focuses on bottomlin
Budget-making team of Finance Ministry short of two key officials
Govt working on more measures to boost economy; income tax rate cut under consideration: FM
Bank fraud: ED attaches Rs 34-cr assets of Gujarat company
Nepal SBI posts 13 pc growth in net profit for FY19
Vodafone-Idea to shut if no relief provided by govt: Kumar Mangalam Birla
China says to exempt 'some' US soybean, pork from tariffs
RBI keep repo rate unchanged
Saudi Aramco raises USD 25.6 bn in largest-ever IPO
Rupee ends steady ahead of RBI policy outcome
Three directors of PMC Bank arrested
Bharti Airtel shares slip over 1 pc on rating concerns
Govt open to further reforms: Sitharaman
Rupee pares initial losses, settles 8 paise higher at 71.66 a dollar
Tax cut aimed at attracting investment, generating jobs:FM
KERALA NEWS
Kerala shocked by plight of poor mother, six children
 Thiruvananthapuram: This hapless mother was unable to find food to fill the little stomach of her ch  
Kerala: Youth hurled down by Policeman during vehicle checking, seriously injured
Kerala High Court takes suo moto case against lawyers protested against magistrate
School girl killed of snakebite: Separate demonstrations by YC, SFI turns violent, police resorts to lathicharge
INTERNATIONAL NEWS
US military convoy in Afghanistan targeted by car bomb
 Kabul: An Afghan official says a powerful suicide bombing has targeted a US military convoy near the
First commercial electric plane takes flight in Canada
Trump meets Russia's Sergey Lavrov, warns against attempt to interfere in 2020 elections: WH
2 Algeria ex-PMs get heavy jail terms in graft trial
NATIONAL NEWS
Debt-ridden farmer commits suicide in Maharashtra
 Nagpur: A debt-ridden farmer allegedly committed suicide in Nagpur district of Maharashtra on Wednes
SC to consider appointing ex-apex court judge to enquire into Hyderabad encounter
Detained leaders in J&K to be released by local administration, Situation normal: Shah
Passage of Citizenship Amendment Bill is attack on Indian Constitution, says Rahul Gandhi
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