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

    UK Gears Up To Celebrate Durga Puja With Festive Cheer

    Hundreds of people are expected to descend upon the town halls and community centres around the country from Wednesday, which marks the festival of Ashtami.

    UK Gears Up To Celebrate Durga Puja With Festive Cheer

    Arrest, Detain And Deport: Donald Trump On People Entering US Illegally

    "Anybody entering the United States illegally will be arrested and detained, prior to being sent back to their country!" Donald Trump said in a late-night tweet.

    Arrest, Detain And Deport: Donald Trump On People Entering US Illegally

    Indian-Origin Man Chirag Patel Jailed In UK Over Stolen Vehicles Worth 7 Lakh Pounds

    Chirag Patel was jailed for conspiracy to handle stolen goods in relation to the cars and keys, for which he received eight years' imprisonment.

    Indian-Origin Man Chirag Patel Jailed In UK Over Stolen Vehicles Worth 7 Lakh Pounds

    12 Indian-American Candidates Raise $26 Million For Midterm Polls

    Most of the fund-raising figures released by the Federal Election Commission (FEC) are till September 30 and the final number before the November 6 polls is likely to jump further.

    12 Indian-American Candidates Raise $26 Million For Midterm Polls

    Pakistan May Buy China's Supersonic Missile 'Better Than' BrahMos: Report

    Pakistan May Buy China's Supersonic Missile 'Better Than' BrahMos: Report
    The test conducted on Monday at a discreet location in North China verified the launch, power and flight control systems, state-run Global Times reported while indicating that Beijing's all-weather ally, Pakistan could be one of its buyers.

    Pakistan May Buy China's Supersonic Missile 'Better Than' BrahMos: Report

    Tech Companies File Lawsuit Against US Citizenship Agency Over H-1B Visas

    Tech Companies File Lawsuit Against US Citizenship Agency Over H-1B Visas
    H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. The technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.

    Tech Companies File Lawsuit Against US Citizenship Agency Over H-1B Visas