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new margin rule impact: ETMarkets Morning Podcast: Little impact of new margin rule on trading volumes

ETMarkets Morning Podcast (ET Online) Little impact of new margin rule on trading volumes 06:56 Min | December 31, 2020, 8:56 AM IST Here s a head up to some of the news we are tracking at this hour. Tune in! Tags Transcript Hi there! Welcome to ETMarkets Morning, the show about money, business and markets. I am Nandini Sanyal, and here is what we have to start your day. Avanti Feeds top gainer of last 10 years Margin rule impact on market volumes miniscule Pharma, IT funds on top for 2020 AND And there is more. But first, a quick glance at the state of the markets..

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Classification as fraud account unjustified: RCom

Classification as fraud account unjustified: RCom In the case of Reliance Infratel, Reliance Jio unit Reliance Digital Platform is the successful Resolution Applicant and lenders will get Rs 4,400 crore from the implementation. Share Via Email | A+A A- By Express News Service NEW DELHI: After several Indian banks marked the loan accounts of Reliance Communications Ltd and two other subsidiaries as fraudulent, the bankrupt Anil Ambani-led firm released a statement Wednesday calling the classification as “entirely unjustified”. The Delhi High Court on Tuesday had directed two of these banks Union Bank of India and Indian Overseas Bank to maintain the status quo regarding the classification, after RCom and its subsidiary Reliance Telecom Ltd challenged the move.

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भारती एयरटेल के शेयर 2 फीसदी टूटे, जियो के डोमेस्टिक कॉल फ्री करने से बढ़ी बिकवाली Bharti Airtel shares down 2% after Jio makes domestic calls free from Jan 1, 2021

भारती एयरटेल के शेयर 2 फीसदी टूटे, जियो के डोमेस्टिक कॉल फ्री करने से बढ़ी बिकवाली Bharti Airtel shares down 2% after Jio makes domestic calls free from Jan 1, 2021
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Three Anil Ambani Companies Flagged Fraudulent By Banks, Rs 86,188 Crore At Stake: Report

December 30, 2020 “Sure, the balloon has burst. But who was pumping gas in the balloon? Indian bankers are as responsible as Mr Ambani,” says HW News’ Business Editor Akhilesh Bhargava over the developments. According to the report by the Business Insider, problems for fallen billionaire Anil Ambani do not seem to be ending soon as in the middle of Reliance Communications’ bankruptcy resolution process, three Indian banks are classifying the company’s accounts and the accounts of its units as fraudulent. Anil Ambani, who had told a UK court that his “net worth was zero” and he was bankrupt, now finds himself under the scanner of the State Bank of India (SBI), Union Bank of India (UBI) and the Indian Overseas Bank (IOB), who are not willing to buy his story.

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RCom group owes around Rs 26,000 crore to Indian banks, financial institutions, says company

RCom group owes around Rs 26,000 crore to Indian banks, financial institutions, says company PTI New Delhi: Debt-ridden telecom firm Reliance Communications Wednesday said the group owes around Rs 26,000 crore to Indian banks and financial institutions. The Indians banks, vendors and other creditors have made claims of around Rs 86,000 crore on the company which is currently going through insolvency proceedings. “As per figures certified by the Resolution Professional appointed by the lenders, the RCOM group owed around Rs 26,000 crore to Indian banks and financial institutions as on the date of filing before the NCLT,” Reliance Communications (RCom) said in a statement.

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