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RCom makes payment of Rs 458 crore to Ericsson

Updated : March 18, 2019 06:08 PM IST

RCom has been asked by both the Supreme Court and the National Company Law Appellate Tribunal (NCLAT) to pay Rs 550 crore to Ericsson.
The company has paid Rs 118 crore to Ericsson and if it fails to pay the rest of the amount then RCom group chairman Anil Ambani may have to face three-month jail term for the contempt of court order.
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