Friday, July 4, 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

    ‘Can Finish You Off’: AIUDF Badruddin Ajmal Chief Threatens Journalist Who Asked Him About Poll Alliances

    Ajmal went on to say that he has been observing the journalist in question for a while now and that he is was out to create trouble.  

    ‘Can Finish You Off’: AIUDF Badruddin Ajmal Chief Threatens Journalist Who Asked Him About Poll Alliances

    Indian-American Rajesh Subramaniam Named FedEx President

    Rajesh Subramaniam, an IIT-Bombay graduate from Thiruvananthapuram, has been with FedEx for more than 27 years.

    Indian-American Rajesh Subramaniam Named FedEx President

    Quebecer Confined In Cuba Says He's Been Convicted In Second Trial

    Toufik Benhamiche says in a statement that he was convicted in relation to the incident following a trial that took place on Dec. 10.

    Quebecer Confined In Cuba Says He's Been Convicted In Second Trial

    New Zealand-Based Woman Accuses Indian Husband Of Deceiving Her

    New Zealand-Based Woman Accuses Indian Husband Of Deceiving Her
    As I am unable to give out more money in shape of dowry, my husband is threatening of marrying someone else

    New Zealand-Based Woman Accuses Indian Husband Of Deceiving Her

    Pakistan Will Treat Minorities As Equals: Imran Khan’s Latest Jibe At India

    Pakistan Will Treat Minorities As Equals: Imran Khan’s Latest Jibe At India
    The controversy over the issue started when actor Naseeruddin Shah lamented the rise of mob violence in India over cow vigilantism and expressed fear over rising religious intolerance in the country.

    Pakistan Will Treat Minorities As Equals: Imran Khan’s Latest Jibe At India

    Yoga Gains Popularity In China, More Colleges To Come Up

    Yoga Gains Popularity In China, More Colleges To Come Up
    Nearly 100 yoga teaching and training centres would also be built to provide teacher training courses, yoga workshops and non-profit courses

    Yoga Gains Popularity In China, More Colleges To Come Up