Government To Refund Rs 104 Crore To RCom After Top Court Rejects Request

The Supreme Court on Tuesday rejected the government's plea challenging a refund of Rs 104.34 crore to Reliance Communications (RCom). In December 2018, the Telecommunications Dispute Settlement and Appellate Tribunal (TDSAT) had ordered the refund to the then telecom arm of the Anil Ambani-led Reliance Group as balance of bank guarantee for spectrum. The tribunal's order was challenged by the government. Reliance Communications (RCo...