Uncategorized
Unable to repay debt, Anil Ambanis Reliance Communication files for bankruptcy

With debts over 40,000 crore, Reliance Communication (RCom) headed by Anil Ambani, according to a communique released by the company, is going to opt for insolvency proceedings through National Company Law Tribunal (NCLT). NCLT is the court that deals with bankruptcy cases to overcome debts.
The company through its official statement said, RCom board of directors decides upon implementation of debt resolution plans through NCLT framework. The Board of Directors of RCom today reviewed the progress of the companys debt resolution plans since the invocation of SDR on 2nd June 2017. The Board noted that despite the passage of over 18 months, lenders have received zero proceeds from the proposed asset monetisation plans, and the overall debt resolution process is yet to make any headway.
The statement further read, Accordingly, the Board decided that the company will seek fast track resolution through NCLT, Mumbai. The Board believes this course of action will be in the best interests of all stakeholders, ensuring comprehensive debt resolution in a final, transparent and time bound manner within the prescribed 270 days.
However in 2018, Ambani had declared that RCom would be completely withdrawing from telecom business to focus on real estate in future.
Below is the official statement by Reliance Communication:

Uncategorized
Nitin Gadkari graces screening of ‘Me Vasantrao’ at Sudama Theatre in Nagpur
Union Minister Nitin Gadkari graced the special screening of Marathi movie ‘Me Vasantrao’ – a movie based on the life of Hindustani classical singer and violinist Vasantrao Deshpande.
The screening was held at Sudama Theatre in Nagpur on Sunday evening in the presence family members, friends and the cast of the movie.
Uncategorized
Mayor Dayashankari Tiwari kicks off polio drive in Nagpur

Nagpur Mayor Dayashankar Tiwari, on Sunday, launched Nagpur Municipal Corporation’s (NMC) door-to-door polio campaign drive. He, along with Deputy Mayor Manisha Dhawade visited Rognidan Centre in Mahal, Nagpur and inaugurated the campaign by giving polio drops to a toddler.
As per NMC officials, ten Zonal Medical Officers and Ten Health inspectors would visit every house in their respective zones, in order to vaccinate children between the ages of zero-five to immune them against polio.
NMC had recognised Sunday as the official day for polio vaccination. Under Polio Ravivar, they plan to vaccinate more than three lakh kids in Nagpur. They also urged Nagpurkars to vaccinate their children at pulse Polio Booths near their homes from 8 am- 5 pm, on Sunday.
NMC Standing Committee Chief, Corporator Vijay Zalke spoke to Nation Next regarding this campaign and said, This year’s polio drive is going to be bigger than last year. We are planning to vaccinate around 3- 3.15 lakh kids. NMC is bearing the cost of infrastructure and execution. The state government provided us with the doses.
He further stated that there were special teams to vaccinate the homeless during night. ?When it comes to the health of Nagpurkars, money is not a factor we should think about, said Zalke when asked about NMC’s current financial crunch.
As per Zalke, vaccination facility would also be available in slums,, factory areas and other outskirts of Nagpur.
Uncategorized
Congress legislator caught watching porn in Karnataka Assembly

Congress leader Prakash Rathod, on Friday, was caught on camera while allegedly scrolling through few adult content clips in the State Assembly. This turned out to be a huge embarrassment for both, Congress and Rathod as regional channels aired the video, in which he was ?caught in the act.
The MLC member was present in the house during the proceedings of the legislative council. While the house was in session, Rathod was watching adult content on his smartphone.
However, he threw these charges under the bus and said, I was looking for materials for a question I wanted to ask the government in question hour.
?When I was looking for question material, I deleted too many messages as my phone storage was full. What the media has shown or seen, I don’t know. I would never do such things or see such things, he added.
This was not the first time in Karnataka that such an incident had happened. Back in 2012, three Bharatiya Janata Party ministers were caught on camera allegedly watching adult content in the State Assembly. Following the scandal, they resigned from the state government due to public embarrassment.
-
Health5 years ago
Amphoterecin B, used for treating black fungus, to now be manufactured in Nagpur
-
Social4 years agoPoliticians, businessmen shower blessings on Chandrashekhar Bawankule’s son Sanket at his wedding reception
-
Social4 years agoNagpur gets its first 7 am cafe ‘SEVEN O’ ELEVEN’ at Shraddhanand Peth
-
Parties4 years agoCouples have a blast, win awards at ‘Hollywood Oscar Night’ in Nagpur
-
Parties4 years agoFamily, friends ‘wine n dine’ at Dr Shilpa Mukherji’s birthday bash in Nagpur
-
Who´s Partying Next To You8 years ago
Party revelers make noise at Nagpur’s first silent party on New Year Eve at Gondwana Club
-
Who´s Partying Next To You9 years ago
Nagpur brings in 2017 in style at Gondwana Club
-
Social4 years agoSunil Kedar kicks off 10-day Late Dr Shrikant Jichkar Memorial Cricket Tournament in Nagpur
