RCom gets SC nod to sell telecom assets to Jio

A two-judge bench of the SC headed by justice Rohinton F Nariman asked the government to clear Reliance Communication’s (RCom's) airwaves sale to Reliance Jio Infocomm (RJio) in seven days, once Anil Ambani’s Reliance Realty submits the surety. RCom’s stock has dropped 60% so far this year.

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