India’s top court finds Anil Ambani guilty of contempt in RCom-Ericsson case

India’s Supreme Court on Wednesday found Anil Ambani, chairman of debt-laden Reliance Communications (RCom), guilty of contempt of court for wilfully failing to pay 5.5 billion rupees ($77.29 million) to telecom equipment maker Ericsson.

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Source:: Reuters – Business News