Top 10 biz headlines: Suitors for RCom assets grow, FPI norms eased & more

From Anil Agarwal and Mukesh Ambani joining the suitors' list for acquiring RCom assets to Sebi easing the process for onboarding overseas investors, here are the top business headlines for Thursday

1) Anil Agarwal, Mukesh Ambani join suitors' list for acquiring RCom assets  

Twin Star Technologies, a company promoted by Anil Agarwal’s Sterlite group, and Mukesh Ambani-owned Reliance Jio have expressed their interest in acquiring assets of Reliance Communications (RCom), currently undergoing insolvency proceedings at the National Company Law Tribunal (NCLT) for loan default. The billionaire duo will compete alongside other telecom majors such as Bharti Airtel and Vodafone Idea for the assets. 

Apart from RCom’s rivals, expressions of interest (EoIs) have been submitted by TPG Asia, Assets Care and Reconstruction Enterprise, American Tower’s Indian subsidiary ATC Telecom Infrastructure, India Opportunities