A lawyer for RCom said it would appeal. However, the company refused to comment on the matter saying that its next move will be dictated after studying the court order carefully. RCom says it owes only Rs 60 crore to Ericsson.
Billionaire Mukesh Ambani's prospects for bailing out his younger brother's phone company are fading after an Indian tribunal put his sibling's Reliance Communications Ltd. into insolvency proceedings, which prohibit "connected persons" from acquiring assets of delinquent borrowers.
The company shut down its consumer mobile business late previous year unable to survive the aggressive pricing strategy adopted by Reliance Jio which offered free voice and undercut the prices of data plans.
Shares of RCom tumbled as much as 18 per cent on the BSE this morning, while its 2020 dollar bonds plummeted the most in more than seven months. The latter scenario would result in what could be one of India's biggest bankruptcies and conclude the downfall of what was once the country's second-largest phone operator. The company is set to report earning for the quarter ended March on May 19.
HoweyCoins is part of the SEC's effort to combat an explosion of scams and securities fraud associated with cryptocurrencies . Generally, if something passes the Howey test , and is therefore considered a security, it is subject to SEC regulation .
Griezmann slotting coolly into the bottom left corner in the 21st minute after being set up by midfielder Gabi's first-time pass. The Cameroonian's attempt at a touch was very bad , and Gabi pounced on the loose ball, sending Griezmann through to finish.
It suggests that the youth may face increased stress and mental health challenges when school is in session. Suicidal tendencies are the inclination for a person to have suicidal ideation or to make suicide attempts.
More recent songs with a low happiness index included Sam Smith's " Stay with Me " and "Whispers" by Passenger , both from 2014. The researchers emphasize that they were looking for the trends in the acoustic properties and the moods describing the sounds.
Betts came up limping after appearing to jam his right foot against the wall trying to make the catch, but he stayed in the game. This comes less than one day after Cavaliers coach Tyronn Lue said the Celtics are "gooning the game up", per Martinez.
These feelings are children of an extraordinary and attractive journey, shared with people who have loved me. The 40-year-old's last game for the club will be against Verona on Sunday - his 640th in Serie A.
Xbox Adaptive controller is a device targeted to the people who don't have the luxury to use their hands like normal people. They can be reprogrammed to act as any of the standard controller's button inputs via the Xbox Accessories app.
Agents reportedly avoided interviewing Trump associates and subpoenaing documents to keep the investigation secret. The FBI codenamed their probe Crossfire Hurricane, a reference to lyrics in a Rolling Stones song.
Milwaukee starter Jhoulys Chacin gave up one run on two hits in seven innings, with seven strikeouts and two walks. After Jimmie Sherfy walked the bases loaded, Domingo Santana's fly ball to right made it 4-2.
Penn State-Pitt game on September 8 will be in prime time
Penn State will play eight conference matchups, five of which are against teams who qualified for the NCAA Tournament last season. This is the third game of the four-year renewed series, although no other games have been scheduled in the future.
Oil drops as demand shows signs of weakening
Here is a look at how share prices for two blue-chip stocks and two exchange traded funds reacted to this latest report . Gasoline and distillate stocks were expected to have fallen by 2 million barrels and 1.3 million barrels, respectively.
Senate votes to ditch repeal of net neutrality
John Hoeven says we need to develop fair and open access to the internet without re-using Obama's net neutrality regulation. Eshoo responded: "Well we have a lot more to come, but so far, very good".
PUBG Mobile Gets Miramar Desert Map Before Xbox One
Twitch launched this new set of custom filters earlier, and they're available to everyone watching PUBG streams . Update 0.5.0 has added a new map, with the desert themed Miramar now available to play for mobile users.
James Ransone will play adult Eddie in 'It: Chapter 2'
Variety is reporting that Power co-star Andy Bean (pictured left above) has lined up the role of Stanley Uris in It: Chapter 2 . It's fitting because Wyatt Oleff was involved in one of the first movie's creepier sequences as young Stanley.
State may gamble on sports betting
For now, New Jersey , and possibly DE , will likely be the only options for new sports betting operations in the coming weeks. Virginia law now considers gambling illegal, part of a code section titled "Crimes Involving Morals and Decency".
Nation's most restrictive abortion law challenged in Iowa
Pro-life advocates are calling on President Donald Trump to use regulations to rollback taxpayer subsidies to Planned Parenthood. Last year, they approved a 20-week abortion ban and required women to wait three days before they could have an abortion.
Portia De Rossi says she has quit acting
However, she is best known for playing Lindsay Bluth Funke on the award-winning TV comedy Arrested Development . De Rossi also went on to explain more about the art-based venture that's pulled her away from Hollywood.