SC allows RCom to sell telecom assets worth Rs 181 billion to Reliance Jio
The Supreme Court on Friday allowed Anil Ambani-owned Reliance Communications (RCom) to sell its telecom assets worth about Rs181 billion to Reliance Jio, controlled by his elder brother Mukesh Ambani. The transaction will help RCom reduce its debt by half while giving crucial infrastructure, including spectrum, to RJio. Read more
Fiat Chrysler Automobiles accuses M&M of Jeep design infringement
Italian-American automotive major Fiat Chrysler Automobiles (FCA) has filed a trade complaint seeking to stop Mahindra & Mahindra (M&M) from selling an off-road vehicle that it recently