• മലയാളം | Malayalam
Bignews English
  • News
    • Regional
    • Kerala
    • India
    • World
    • Pravasam
    • Crime
  • Entertainment
    • Movies
    • Music
    • Television
    • Hollywood
    • Bollywood
    • Mollywood
    • Kollywood
    • Tollywood
    • Malayalam
    • Tamil
    • Celebrity
  • Business
    • Corporate World
    • Economy
    • Personal finance
    • Trade
    • Jobs
    • Entrepreneurship
    • Markets
  • Culture
    • Art
    • Literature
    • Books
    • Travel
    • Blog
  • Life
    • Life&Style
    • Men
    • Women
    • Kids
    • Relationships
    • Yuva
    • Health
    • Food & Drinks
    • Fashion
  • Sports
    • Cricket
    • Football
    • Tennis
    • Hockey
    • Basketball
    • Badminton
    • Kabbadi
    • Women’s Cricket
    • Asian Games
    • Fifa world cup
  • Technology
    • Social Media
    • Mobile
    • Internet
    • Gadgets
    • Artificial Intelligence
    • Virtual Reality
  • Science
    • Environment
    • Space
    • Genetics
    • Physics
    • Wildlife
  • Videos
    • Video Songs
    • Trending Videos
    • Video Gallery
    • Film Trailers
  • More
    • Autos
    • Features
    • Editor’s Picks
    • Education
    • Articles
    • Stories
    • General
    • Weird
No Result
View All Result
  • News
    • Regional
    • Kerala
    • India
    • World
    • Pravasam
    • Crime
  • Entertainment
    • Movies
    • Music
    • Television
    • Hollywood
    • Bollywood
    • Mollywood
    • Kollywood
    • Tollywood
    • Malayalam
    • Tamil
    • Celebrity
  • Business
    • Corporate World
    • Economy
    • Personal finance
    • Trade
    • Jobs
    • Entrepreneurship
    • Markets
  • Culture
    • Art
    • Literature
    • Books
    • Travel
    • Blog
  • Life
    • Life&Style
    • Men
    • Women
    • Kids
    • Relationships
    • Yuva
    • Health
    • Food & Drinks
    • Fashion
  • Sports
    • Cricket
    • Football
    • Tennis
    • Hockey
    • Basketball
    • Badminton
    • Kabbadi
    • Women’s Cricket
    • Asian Games
    • Fifa world cup
  • Technology
    • Social Media
    • Mobile
    • Internet
    • Gadgets
    • Artificial Intelligence
    • Virtual Reality
  • Science
    • Environment
    • Space
    • Genetics
    • Physics
    • Wildlife
  • Videos
    • Video Songs
    • Trending Videos
    • Video Gallery
    • Film Trailers
  • More
    • Autos
    • Features
    • Editor’s Picks
    • Education
    • Articles
    • Stories
    • General
    • Weird
No Result
View All Result
Bignews English
No Result
View All Result
Home News

Anil Ambani avoids jail term,pays 550 crore to Ericsson

Dayana Antony by Dayana Antony
March 18, 2019
in India, News
0
Anil Ambani Group Makes a Deal With Lenders Not-to Sell Shares Until, September
4
SHARES
21
VIEWS
Share on FacebookShare on Twitter

Anil Ambani, chairman of the debt-ridden telecom firm Reliance Communications Ltd (RCom),payed the Supreme Court ruled amount of 550 crore to Ericsson company.

An RCom spokesperson stated that the requisite payment of Rs 550 crore and interest thereon to Ericsson has been completed in compliance with the Supreme Court judgement. The Ericsson company also acknowledged that they received 458.7 crore.

Whereas,Anil Ambani thanked his brother for standing by his side throughout the crisis.“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 their strong family values by extending this timely support. I and my family are grateful and deeply touched with their gesture,” he said in a statement.

In February, the Supreme Court had found Anil Ambani guilty of contempt of court for wilfully failing to pay Ericsson. The court had ordered Anil Ambani and two RCom directors to pay Ericsson the dues within four weeks or face a three-month jail term for contempt of court. The deadline to make the payment expired on Tuesday.

The apex court, in February, held Ambani in contempt for not paying Ericsson’s dues despite having the money to do so. As per Supreme Court’s orders, March 19 was the last day to make the payment which included penal interests.

 

 

Tags: Anil AmbaniEricssonMukesh AmbaniRCom
Previous Post

BJP’s Pramod Sawant to become next Goa CM

Next Post

Special Olympics 2019: India bags 188 medals in Abu Dhabi

Dayana Antony

Dayana Antony

Next Post
Special Olympics 2019: India bags 188 medals in Abu Dhabi

Special Olympics 2019: India bags 188 medals in Abu Dhabi

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECENT NEWS

SBI introduces a new rule for savings accounts,short-term loans from tomorrow

SBI introduces a new rule for savings accounts,short-term loans from tomorrow

April 30, 2019
Patanjali to get a ₹4,325 crore bid for Ruchi Soya from lenders

Patanjali to get a ₹4,325 crore bid for Ruchi Soya from lenders

April 30, 2019
CEO showing partiality,no bogus voting;says Kodiyeri

CEO showing partiality,no bogus voting;says Kodiyeri

April 30, 2019
Shashi Tharoor gets permission to travel abroad

Shashi Tharoor gets permission to travel abroad

April 30, 2019
Delhi’s Daily Covid Cases Less Than 100 For First Time In Almost 9 Months

Delhi’s Daily Covid Cases Less Than 100 For First Time In Almost 9 Months

January 28, 2021
Housr enters India’s fast growing co-living market backed by real estate giants

Housr enters India’s fast growing co-living market backed by real estate giants

April 30, 2019
  • Privacy Policy

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • News
    • Regional
    • Kerala
    • India
    • World
    • Pravasam
    • Crime
  • Entertainment
    • Movies
    • Music
    • Television
    • Hollywood
    • Bollywood
    • Mollywood
    • Kollywood
    • Tollywood
    • Malayalam
    • Tamil
    • Celebrity
  • Business
    • Corporate World
    • Economy
    • Personal finance
    • Trade
    • Jobs
    • Entrepreneurship
    • Markets
  • Culture
    • Art
    • Literature
    • Books
    • Travel
    • Blog
  • Life
    • Life&Style
    • Men
    • Women
    • Kids
    • Relationships
    • Yuva
    • Health
    • Food & Drinks
    • Fashion
  • Sports
    • Cricket
    • Football
    • Tennis
    • Hockey
    • Basketball
    • Badminton
    • Kabbadi
    • Women’s Cricket
    • Asian Games
    • Fifa world cup
  • Technology
    • Social Media
    • Mobile
    • Internet
    • Gadgets
    • Artificial Intelligence
    • Virtual Reality
  • Science
    • Environment
    • Space
    • Genetics
    • Physics
    • Wildlife
  • Videos
    • Video Songs
    • Trending Videos
    • Video Gallery
    • Film Trailers
  • More
    • Autos
    • Features
    • Editor’s Picks
    • Education
    • Articles
    • Stories
    • General
    • Weird

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.