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Reliance Communication to exit telecom fully to focus on realty, says Anil Ambani

Updated : September 18, 2018 04:36 PM IST

RCom owes over Rs 40,000 crore to a group of 38 lenders, including Chinese banks, and was resolving the debt through a strategic debt restructuring (SDR) process.
He said the company is awaiting final approvals for spectrum sharing and trading from the Department of Telecom.
Reliance Communication to exit telecom fully to focus on realty, says Anil Ambani
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