UVARC, RJio preferred bidders for RCom - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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UVARC, RJio preferred bidders for RCom

"The committee of creditors has approved the resolution plans of RCOM and its subsidiaries RTL and RITL with an absolute majority of 100 per cent by the lenders at the COC meeting, as against the mandatory requirement of 66%," the source said.Lenders submitted claims of around Rs 49,000 cr in August of which Rs 33,000 cr estimated to be secured debt.

from Stocks-Markets-Economic Times
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