Reliance Communications share price up 19%; hopes ride on Reliance Jio deal now
NCLAT order clears the way for Anil Ambani-led Reliance Communications to sell its telecom towers, spectrum and fibre assets to Reliance Jio. RJio is owned by Mukesh Ambani, Anil Ambani's elder brother and the richest man in India.
Reliance Communications share price gained as much as 19.14 per cent to Rs 20.85. Image source: PTI