Watch Ericsson case- Clear dues or face jail, Supreme Court tells Anil Ambani With HD Quality
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Watch Ericsson case- Clear dues or face jail, Supreme Court tells Anil Ambani With HD Quality
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News video | 3287 views
Supreme Court of India has ordered Anil Ambani-led RComm to cough up Rs 453 crore to resolve unpaid issues. In case of failure of this payment within four weeks, Anil Ambani can face imprisonment. Samanwaya Routray explains the details of the judgement.
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Watch Ambani in Ericsson soup- SC orders payment of dues else jail for Anil With HD Quality
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Reliance Communications (RCom) has completed paying Swedish telecom gear maker Ericsson nearly Rs 580 crore, thereby ensuring the telco’s chairman Anil Ambani does not go to jail. With Monday’s payment of Rs 462 crore, the debt-laden telco ends its 18-month long battle with Ericsson which had claimed dues for its maintenance services. The deadline for RCom to make the payment was March 19, failing which Anil Ambani would have had to serve a jail term of three months.
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Watch Anil Ambani averts jail term, RCom clears Ericsson dues of Rs 462 crore With HD Quality
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Reliance Communications chairman Anil Ambani confirmed that the telco has repaid Swedish telecom gear maker Ericsson its dues and thanked his brother Mukesh Ambani and his sister-in-law Nita Ambani for the 'timely support'. 'My sincere and heartfelt thanks to my respected elder brother, Mukesh, and Nita, for standing by me during these trying times, and demonstrating the importance of staying true to our strong family values by extending this timely support. I and my family are grateful we have moved beyond the past, and are deeply touched with this gesture,' said a company spokesperson in a statement sent to the media.
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Watch Ericsson case- Anil Ambani thanks elder brother Mukesh Ambani for timely support With HD Quality
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In a big setback for Anil Ambani, the Supreme Court today held Reliance Group chairman and its two directors guilty of contempt in pleas filed by telecom equipment maker Ericsson for not clearing its dues of Rs 550 crore. Court asked Ambani to pay Rs 453 crore to Ericsson in four weeks, failing which he will have to serve three months of jail term.
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Watch Ericsson case- SC holds Anil Ambani guilty of contempt, to be jailed if he fails to pay Rs 453 crore With HD Quality
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The Supreme Court on Monday sought the response from Reliance Communications (RCOM) Chairman Anil Ambani on a contempt plea by telecom company Ericsson for its failure to pay outstanding dues of about Rs 550 crore.
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Reliance Communication (RCom) Chairman Anil Ambani on Wednesday told the Supreme Court the Rs 550 crore dues could not be paid to Ericsson in pursuance to the undertaking as its Rs. 18,100 crore deal with the Reliance Jio did not fructify. Asserting that he was not in the contempt of court for not clearing the dues, the RCom Chairman said the undertakings were conditional and the payment was subject to the deal with Jio going through.
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Watch Ericsson's contempt plea- SC reserves order against Anil Ambani With HD Quality
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SC holds Anil Ambani guilty of contempt, orders RCom to pay Ericsson
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Watch SC holds Anil Ambani guilty of contempt, orders RCom to pay Ericsson With HD Quality
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Nita Ambani Tells About Akash Ambani Wedding | shloka mehta
Reliance Foundation's chairperson and founder Nita Ambani talked openly about her children in India Today Conclave 2018. During this, he also talked about the marriage of his elder son, Akash Ambani. Regarding the wedding of Akash, he said that Mukesh and I have given my children the freedom to choose their life partner. He also said that when my son wants to marry and he will marry from whom we will marry, we will welcome him.
Reliance Foundation's chairperson and founder Nita Ambani talked on many issues in Conclave's 'The Great Equalizer: Sports and Education for All' session. During this, he told about the works done by the Reliance Foundation and also discussed the goals of the Foundation. He also gave answers to many questions about his personal life. Meanwhile, Nita Ambani shared many things about Isha and Anant too.
Let me tell you that there were reports recently that Akash Ambani could be married this year and this marriage could be from Shloka Mehta. It was being told that Mukesh Ambani, one of the richest men in the country, could marry Akash from Shloka, the youngest daughter of diamond businessman Russell Mehta. At the same time, Nita did not respond to the date of marriage and who was getting married. He said that we have given Akash the freedom to choose Life Partner.
In the meantime, he told about the loss of his youngest son, Anant Ambani's weight loss. He said that on social media Anant was teasing people, after that he decided to lose weight. During that time, Anant ran 23 kms every day and followed the diet and he lost 118 kilos.
Watch Nita Ambani Tells About Akash Ambani Wedding !! Shloka Mehta With HD Quality
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The government on Saturday set October 15 as the deadline for central PSUs to clear overdue payments to vendors and contractors as it looks to lift economic growth from six-year low by boosting expenditure.Finance Minister Nirmala Sitharaman, who reviewed capital spending programmes with heads of central public sector enterprises, said state-owned companies have also been asked to set up a portal by October 15 where service providers, vendors and contractors can track bills and payments so that liquidity crunch is mitigated.
Watch PSUs have been asked to clear all vendor/contractor dues by Oct 15, says Nirmala Sitharaman With HD Quality
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