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Sunday, February 3, 2019

RCom stock plunges over 50% on bankruptcy move

Shares in Reliance Communications plunged over 40% in early trade after the company Friday said it will move the insolvency tribunal for bankruptcy protection, which will help it sell its assets in a time bound manner, having failed to do so in the last 18 months.

from Top Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com http://bit.ly/2Go5tgT

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