Monday, December 3, 2018

RCom unit furnishes Rs 1,400 cr corporate guarantee to Telecom Department

RCom unit furnishes Rs 1,400 cr corporate guarantee to Telecom Department The Supreme Court on November 30, had asked the Department of Telecom (DoT) to give a no-objection certificate (NoC) to Reliance Communications to sell its spectrum to Reliance Jio, provided a corporate guarantee of the said amount is furnished by its group firm in favour of government.

from Moneycontrol Business News https://ift.tt/2riyPV9

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