Reliance Jio Gets NCLT’s Nod to Acquire Reliance Infratel
The National Company Law Tribunal (NCLT) on Monday gave its approval to Jio for the acquisition of Reliance Infratel (RITL).The tribunal asked Jio to deposit Rs 3,720 crore in the…
Jio Seeks to Deposit Rs. 3,720 Crore to Acquire Reliance Infratel Assets
Telecom operator Jio has proposed to deposit Rs 3,720 crore in an escrow account to complete the acquisition of Reliance Infratel which is undergoing liquidation process.Billionaire Mukesh Dhirubhai Ambani-run Jio…