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Reliance Communications chairman Anil Ambani resigns with 4 other directors
30 views | Nov 16, 2019, 07:45:02 PM | Times Now
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Anil Ambani has resigned as director of Reliance Communications. The debt-ridden company announced the resignation in a filing on Saturday. The chief financial officer of the debt-ridden company Manikantan V has also resigned, the filing said. RCom, which is currently going through insolvency process, has posted a consolidated loss of Rs 30,142 crore for July-September 2019. The losses are due to provisioning for liabilities after the Supreme Court ruling on statutory dues.
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