Today, Jio received authorisation from the National Company Law Tribunal (NCLT) to purchase Reliance Infratel (RITL). For the purpose of completing the purchase of RCOM’s tower and fibre assets, the tribunal ordered Jio to deposit 3,720 crore into an escrow account at the State Bank of India (SBI). Jio has suggested putting $3,720 crore in […]Continue Reading
