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Ericsson India files insolvency case against RCom
short by Manaya Bagga / on Wednesday, 13 September, 2017
Ericsson India has filed an insolvency case against Anil Ambani-led Reliance Communications, according to reports. Following this, Reliance Communications shares fell nearly 5% on Wednesday. Ericsson India is an operational creditor of Reliance Communications and has been fighting to retrieve its dues. Earlier, Ericsson India had opposed the proposed merger of Reliance Communications with Aircel.
read more at Times Now