Twin verdicts pave way for $4 billion RCom-Jio Deal, with riders

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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.
Read more at Hindustan Times.

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