Anil Ambani's RCom asset sale to Mukesh's Jio hits insolvency wall; bonds sink
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Anil Ambani's RCom asset sale to Mukesh's Jio hits insolvency wall; bonds sink

FINANCIALEXPRESS.COM0 234

Shares and bonds of Reliance Communications Ltd tumbled after an Indian tribunal ordered that the wireless carrier be placed in insolvency proceedings, jeopardizing its proposed $3.7 billion asset sale to Reliance Jio Infocomm Ltd.

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