INSUBCONTINENT EXCLUSIVE:
Shares of Anil Ambani led Reliance ADAG Group companies surged upto 10 per cent in Tuesday's morning trading session after Reliance
maintenance services," ET reported
insolvency," said senior advocate Anil Kher who has been representing the equipment maker
Shares of Reliance Communications were up 10 per cent and that of Reliance Naval and Engineering went up 4.99 per cent
Reliance Power (up 4.81 per cent) and Reliance Capital (up 4.64 per cent) were also trading in the green
Reliance Infrastructure, on the other hand, was trading 4.95 per cent down.
"Reliance Communications terminated its asset sale plan with
Reliance Jio Infocomm (Jio), blaming lack of consent from its lenders and permissions from telecom department for the deal fall out among
other reasons," the report added
