Supreme Court Holds Reliance Communications (RCOM)-Ericsson Case

NEW DELHI: The Supreme Court on Wednesday directed Reliance Communications (RCOM) to pay Rs 453 crore to Ericsson India within four weeks failing which its chairman will have to undergo a three-month sentence. A bench of Justice Rohinton Fali Nariman and Justice Vineet Saran directed the court’s Registry to give Ericsson Rs 118 crore that were earlier deposited by RCOM. (IANS)

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