Reliance Comm News
Reliance Comm Q3 net falls 61 pct
Reliance Communications reported a 61 percent fall in quarterly profit -- its 10th straight quarter of declining earnings, but in line with market estimates - as the country's second-biggest mobile phone operator by subscribers struggles under a heavy debt load. Reliance Comm, which last month secured $1.18 billion loans from Chinese state banks to repay maturing foreign bonds, has long been trying
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