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Tag Archives: Anil Ambani

Moody’s downgrades RCom’s corporate family rating

Moody’s Investors Service has downgraded corporate family rating and senior secured bond rating of Reliance Communications (RCom). The downgrade reflects the company’s weak operating performance, high leverage and fragile liquidity position. RCom had reported loss of Rs 948 crore in March quarter, compared to a net profit of Rs 79 ... Read More »

Celebrities flock to grace Hinduja-Mehtani wedding in Udaipur

Udaipur : From Bollywood actors to political bigwigs, business barons, international celebrities are flocking to Udaipur to attend the lavish wedding of UK based businessman Sanjay Hinduja of the Hinduja group. Sanjay is marrying designer Nandita Mahtani’s sister and long-time girlfriend Anu Mahtani in Udaipur and the various ceremonies have been ... Read More »