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Unit Of Anil Ambani's Reliance Communications Files For Bankruptcy

Reliance Communications unit GCX files for bankruptcy protection GCX owns world's largest private undersea cable system Company missed payment on $350-million 7% bonds that matured on August 1

Anil Ambani-controlled Reliance Naval & Engineering said recently it is facing an acute cash-flow crunch
Anil Ambani-controlled Reliance Naval & Engineering said recently it is facing an acute cash-flow crunch
A unit of Reliance Communications Ltd., Anil Ambani's distressed telecom firm, has filed for bankruptcy protection.
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