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Debt-ridden RCom's net drops
Reliance Communications reported a 61 per cent fall in quarterly profit, its 10th straight quarter of declining profit, as the country's second-biggest mobile phone operator by subscribers struggles with its heavy debt load. Reliance Communications, controlled by billionaire Anil Ambani, said consolidated net profit fell to Rs 186 crore for its third quarter ended December from Rs 480 crore a year
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