“The Committee of Creditors (CoC), which met today, agreed to provide an extension as sought by RJio. The bids will now open on November 25,” a source close to the development told BusinessLine.
When contacted, RJio declined to comment.
On Tuesday, RCom received bids from firms including Sunil Mittal-controlled Bharti Airtel and Bharti Infratel and PE firm Varde Partners for its assets that are up for sale. RCom, which is undergoing insolvency proceedings, has a total secured debt of about ₹33,000 crore.
Bu hikaye The Hindu Business Line dergisinin November 14, 2019 sayısından alınmıştır.
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Bu hikaye The Hindu Business Line dergisinin November 14, 2019 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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