Reliance Communications share price tanks 10% as it halts paying interest on NCDs
Reliance Communications said last month it expected to complete its Rs 18,100 crore asset sale to Reliance Jio Infocomm and Canada’s Brookfield in coming weeks, a move aimed at reducing its debt.
Reliance Communications share price slid as much as 10.15 per cent to Rs 14.15. Image source: Reuters