20-April-2024
Corporate News
 
Reliance Communications unit misses bond payment, files for bankruptcy
17-Sep-2019

A unit of Reliance Communications Ltd., Anil Ambani’s distressed telecom firm, has filed for bankruptcy protection. GCX Ltd., which owns the world’s largest private undersea cable system, is the latest company owned by the tycoon to stumble.

News Source:- https://www.business-standard.com/article/companies/reliance-communications-unit-misses-bond-payment-files-for-bankruptcy-119091600877_1.html