Jio declared highest bidder for Reliance Infratel, and UVARC for RCom, RTL Jio and UVARC have emerged as the highest bidders at ₹25,000 cr for RCom assets at committee of creditors meeting held on 13 Jan, 2020, say sources.UVARC has placed bids of around ₹16,000 cr for spectrum, real estate assets as well as the enterprise and data centre businesses held in RCom and Reliance Telecom
Govt gets Rs 25,900 cr in AGR dues; asks telcos to make full payment Minister of State for Communications said the government has "again" directed the operators to make full payments in a letter dated March 4, 2020
Stocks in the news: Infosys, Bharti Airtel, Vedanta, Max Financial, NBCC Infosys | Bharti Airtel | Vedanta | Max Financial | NBCC and Reliance Communications are among the stocks that are in the news today.
Reliance Communications' (RCom) assets have received bids of around ₹25,000 crore with Reliance Jio and UV Asset Reconstruction Company (UVARC) emerging as the top bidders in their respective segments, according to banking sources.
"Jio and UVARC have emerged as the highest bidd...