Government refuses insurance policy to Jio towards RCom’s previous liabilities

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Posted on: January 7, 2019

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In a setback to Anil Ambani’s embattled Reliance Communications (RCom) and its Rs 15,000-crore spectrum and cellular tower take care of elder brother Mukesh’s telecom project Reliance Jio, the govt has refused to supply immunity to the latter from any pastpayment liabilities that may come up as soon as the transaction is accomplished.
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