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Anil Ambani resigns from Reliance Communications
short by Krishna Veera Vanamali / on Saturday, 16 November, 2019
Reliance Communications (RCom) Chairman Anil Ambani on Friday resigned as a director of the company, which is undergoing insolvency process. His resignation comes after the bankrupt company posted a second-quarter loss of ₹30,142 crore. Apart from Ambani, five other directors including V Manikantan, who is also the Chief Financial Officer (CFO) of the company, tendered their resignations.
read more at Deccan Herald