Anil Ambani's Reliance Communications To File Bankruptcy

Anil Ambani's Reliance Communications has decided to file for bankruptcy before the Mumbai bench of National Company Law Tribunal. In a statement, the embattled Anil Ambani-led telecom firm said that it has decided to implement debt resolution plans through the NCLT framework due to lack of consensus among the lenders and the several pending legal challenges impending progress at various stages. Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you'll never miss a new video. All you need to do is PRESS THE BELL ICON next to the Subscribe button! India Today TV is India's leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more. Stay tuned for latest updates and in-depth analysis of news from India and around the world! Download Mobile App from India’s No.1 New Video Publisher : https://indiatoday.app.link/zKoSVVDrnP Follow us: Official website: http://indiatoday.intoday.in/ Twitter: https://twitter.com/IndiaToday Facebook: https://www.facebook.com/IndiaToday