Question

why was reliance company was in loss and how did he recovered soon by attracting the customer​

Answer 1

After Anil Ambani's debt-laden Reliance Communications Ltd (RCom) said it would seek a fast-track resolution through the bankruptcy court National Company Law Tribunal to resolve its indebtedness, the shares plunged as much as 54.3 per cent to Rs 5.3 apiece on Monday in Mumbai trading, Reuters reported. According to an ET report, Swedish telecom gear maker Ericsson is set to file an application in the Supreme Court, pleading that all personal assets of RCom chairman Anil Ambani be seized for breaching the top court’s order to repay the Swedish telecom equipment maker its dues.

Answer 2

Answer:

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