Lenders To Take Over Anil Ambani’s RCom
Packaging for Reliance Communications Ltd. internet dongles sit on display. (Photographer: Dhiraj Singh/Bloomberg)

Lenders To Take Over Anil Ambani’s RCom

RCom lenders to convert Rs 7,000 crore of loans into equity.Lenders will get at least 51 percent of the stake in the operator.Banks will look to sell the company to a strategic investor by December...
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