Infratel

The National Company Law Tribunal (NCLT) on Monday gave its approval to Jio for the acquisition of Reliance Infratel (RITL).The tribunal asked Jio to deposit Rs 3,720 crore in the State Bank…

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Telecom operator Jio has proposed to deposit Rs 3,720 crore in an escrow account to complete the acquisition of Reliance Infratel which is undergoing liquidation process.Billionaire Mukesh…

China Development Bank, Export Import Bank of China, Shubh Holdings Pte and SC Lowy Asset Management are the signatories to the letter. Four financial institutions, including two Chinese…

The Supreme Court on Tuesday rejected the challenge of operational creditors on approval of resolution plan of the Reliance Infratel Limited by NCLT saying the plan has been duly approved by…

(This story originally appeared in on Jun 10, 2021)Mumbai: In a bid to get the resolution of Anil Ambani’s Reliance Infratel back on track, lenders led by have said that the ‘fraud’ tag on…