Anil Ambani resigns from Reliance Communications

Anil Ambani resigns from Reliance Communications has 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.