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\"<p>Industrialist
Industrialist Anil Ambani shows his inked marked finger after casting vote during the 4th phase of the 2019 Lok Sabha elections, at a polling station in Mumbai.Photo\/Shashank Parade)(<\/span><\/figcaption><\/figure> MUMBAI: Global Cloud Xchange (GCX<\/a>), a subsidiary of Reliance<\/a> Communications (RCom<\/a>) and one of the largest undersea cable firm has filed for bankruptcy<\/a>.

The bankruptcy filing by the Delaware based happened on Sunday after the Rcom unit failed to pay on its $350 million on 7% bonds that matured in the beginning of August .

“There were lot of discussions between the members of Committee of Creditors of RCom and the bond holders if the latter could hold back , but looks like those talks failed,” said a person aware of the developments .

RCom and its units -Reliance Telecom and Reliance Infrastructure ,under a debt of Rs 46,000 crore is undergoing insolvency process . The bankruptcy court has appointed Deloitte as its resolution professional and so far around 12-14 expressions of interest have come in for its assets .

RCom in May this year had mentioned that GCX’s value was eroding.

\"In GCX Limited<\/a>, an overseas subsidiary of the Company, pursuant to 7% Senior Secondary Notes ...amounting to $350 million falling due for repayment in the month of August 2019, the current liabilities exceed current assets by $331 million,\" said the bankrupt telco in its filing in May.

\n\t\n\"This indicates the existence of material uncertainty relating to Going Concern of GCX Limited and its two material subsidiaries which have guaranteed the Notes. In three other overseas subsidiaries entities also, it indicates the existence of material uncertainty as networth has been eroded,\" it had then added .<\/body>","next_sibling":[{"msid":71143610,"title":"Industry wants careful drafting of regulation on non-personal data","entity_type":"ARTICLE","link":"\/news\/industry-wants-careful-drafting-of-regulation-on-non-personal-data\/71143610","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":71145065,"entity_type":"ARTICLE","title":"Anil Ambani-driven RCom's unit GCX files for bankruptcy","synopsis":"RCom in May this year had mentioned that GCX\u2019s value was eroding. \n","titleseo":"telecomnews\/rcom-unit-gcx-files-for-bankruptcy","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":142,"shares":0,"engagementtimems":536000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2019-09-16 10:57:36","lastupd":"2019-09-16 11:09:30","breadcrumbTags":["Anil Ambani","RCom","GCX","Reliance","gcx limited","Industry","Bankruptcy"],"secinfo":{"seolocation":"telecomnews\/rcom-unit-gcx-files-for-bankruptcy"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2019-09-16" data-index="article_1">

Anil Ambani-driven单位RCom GCX申请破产

今年5月曾提到RCom GCX的价值被侵蚀。

  • 更新2019年9月16日11:09点坚持
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< p >实业家安尼尔•安巴尼铸造投票后展示了他的签署标志着手指在第四阶段的2019人民院选举,在孟买的一个投票站。照片/沙游行)(< / p >
实业家安尼尔•安巴尼铸造投票后展示了他的签署标志着手指在第四阶段的2019人民院选举,在孟买的一个投票站。图片/沙游行)(
孟买:全球云交换(GCX)的子公司依赖通信(信实电信)和最大的海底电缆公司申请破产。

特拉华州的破产发生基于周日Rcom后单位未能支付其3.5亿美元7%的债券,在八月初成熟。

“有很多债权人委员会的成员之间的讨论和债券持有人RCom如果后者可以阻挡,但看起来就像那些谈判失败,“说一个人意识到发展。

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及其单位RCom信实电信和依赖基础设施,46000卢比的债务下正在破产的过程。破产法庭任命了德勤作为其解决专业和到目前为止大约12 - 14表达式的兴趣已经为其资产。

今年5月曾提到RCom GCX的价值被侵蚀。

“在GCX有限海外子公司的公司按照7%高中笔记……总计3.5亿美元的到期偿还的2019年8月,流动负债的流动资产超过3.31亿美元,”申请破产电信的说。

”这表明材料的存在有关持续经营不确定性GCX有限和它的两个材料子公司担保的笔记。在其他三个海外子公司的实体,它表明材料的存在不确定性,因为榜已经被侵蚀,”接着说。
  • 2019年9月16日发表10:57坚持
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\n \n
\"&lt;p&gt;Industrialist
Industrialist Anil Ambani shows his inked marked finger after casting vote during the 4th phase of the 2019 Lok Sabha elections, at a polling station in Mumbai.Photo\/Shashank Parade)(<\/span><\/figcaption><\/figure> MUMBAI: Global Cloud Xchange (GCX<\/a>), a subsidiary of Reliance<\/a> Communications (RCom<\/a>) and one of the largest undersea cable firm has filed for bankruptcy<\/a>.

The bankruptcy filing by the Delaware based happened on Sunday after the Rcom unit failed to pay on its $350 million on 7% bonds that matured in the beginning of August .

“There were lot of discussions between the members of Committee of Creditors of RCom and the bond holders if the latter could hold back , but looks like those talks failed,” said a person aware of the developments .

RCom and its units -Reliance Telecom and Reliance Infrastructure ,under a debt of Rs 46,000 crore is undergoing insolvency process . The bankruptcy court has appointed Deloitte as its resolution professional and so far around 12-14 expressions of interest have come in for its assets .

RCom in May this year had mentioned that GCX’s value was eroding.

\"In GCX Limited<\/a>, an overseas subsidiary of the Company, pursuant to 7% Senior Secondary Notes ...amounting to $350 million falling due for repayment in the month of August 2019, the current liabilities exceed current assets by $331 million,\" said the bankrupt telco in its filing in May.

\n\t\n\"This indicates the existence of material uncertainty relating to Going Concern of GCX Limited and its two material subsidiaries which have guaranteed the Notes. In three other overseas subsidiaries entities also, it indicates the existence of material uncertainty as networth has been eroded,\" it had then added .<\/body>","next_sibling":[{"msid":71143610,"title":"Industry wants careful drafting of regulation on non-personal data","entity_type":"ARTICLE","link":"\/news\/industry-wants-careful-drafting-of-regulation-on-non-personal-data\/71143610","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":71145065,"entity_type":"ARTICLE","title":"Anil Ambani-driven RCom's unit GCX files for bankruptcy","synopsis":"RCom in May this year had mentioned that GCX\u2019s value was eroding. \n","titleseo":"telecomnews\/rcom-unit-gcx-files-for-bankruptcy","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":142,"shares":0,"engagementtimems":536000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2019-09-16 10:57:36","lastupd":"2019-09-16 11:09:30","breadcrumbTags":["Anil Ambani","RCom","GCX","Reliance","gcx limited","Industry","Bankruptcy"],"secinfo":{"seolocation":"telecomnews\/rcom-unit-gcx-files-for-bankruptcy"}}" data-news_link="//www.iser-br.com/news/rcom-unit-gcx-files-for-bankruptcy/71145065">