Home Business Twin verdicts clears clouds for Rs 25,000 crore RCom-Jio deal

Twin verdicts clears clouds for Rs 25,000 crore RCom-Jio deal

By
Lucky Jain
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497
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(G.N.S) Dt. 07 New Delhi A corporate court allowed lenders to proceed with selling some assets of Anil Ambani’s Reliance Communications Ltd. to Reliance Jio Infocomm Ltd., but ordered that the proceeds be held in an escrow account until it decides on a dispute with a minority shareholder. The National

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