Friday, December 19, 2025
ADVT 
International

Mukesh Ambani’s Help Saves Day For Anil As RCom Makes Rs 550-Crore Payment To Ericsson

IANS, 18 Mar, 2019 08:49 PM

    Anil D. Ambani, Chairman of Reliance Communications, has thanked Reliance Industries Chairman, Mukesh Ambani and Nita Ambani for their support regarding payment of dues to Ericsson as all the RCOM's outstanding to the Swedish company stand cleared.


    "The requisite payment of Rs 550 crore and interest thereon to Ericsson has been completed today in compliance of the judgment of the Supreme Court," an RCOM spokesperson said.


    Acknowledging his elder brother and RIL Chairman Mukesh' support, Anil D. Ambani, Chairman, RCOM, said: "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 grateful and touched with this gesture," he added.

    MORE International ARTICLES

    Indian Student Dies In Pool Incident In Rhode Island University

    Indian Student Dies In Pool Incident In Rhode Island University
    In a tragic incident, a student from India died at a campus pool in the University of Rhode Island (URI) in the US.

    Indian Student Dies In Pool Incident In Rhode Island University

    India-Born Indra Nooyi Joins Amazon Board Of Directors

    PepsiCo’s India-born former CEO Indra Nooyi has joined Amazon’s board of directors, the online retail giant has said.

    India-Born Indra Nooyi Joins Amazon Board Of Directors

    It Was Dark: Pakistan Defence Minister Pervez Khatak Trolled After Explaining Air Force Role

    Pakistan foreign minister Shah Mahmood Qureshi said: "May I just add. The Pakistan Air Force was already air-bound. We were ready for all eventualities."

    It Was Dark: Pakistan Defence Minister Pervez Khatak Trolled After Explaining Air Force Role

    If Pakistan Attacks India With 1 N-Bomb, They Could ‘Finish Us By Attacking With 20’: Musharraf

    If Pakistan Attacks India With 1 N-Bomb, They Could ‘Finish Us By Attacking With 20’: Musharraf
    Pervez Musharraf, former Pakistan president, said, "Indian and Pakistan relations have again reached a dangerous level."

    If Pakistan Attacks India With 1 N-Bomb, They Could ‘Finish Us By Attacking With 20’: Musharraf

    Dubai: Indian Woman Dies In Car Crash

    Dubai: Indian Woman Dies In Car Crash
    An Indian woman was killed and her husband was critically injured after their car crashed into a truck in Dubai, the media reported on Sunday.

    Dubai: Indian Woman Dies In Car Crash

    How China, Pakistan Opposed UNSC Statement On Pulwama

    However, the US assiduously worked as “pen holder” making various adjustments to get the approval by all other members of the Council, the sources told.

    How China, Pakistan Opposed UNSC Statement On Pulwama