Mukesh Ambani's Jio may buy RCom assets: Reports
Mukesh Ambani-led Reliance Jio has emerged as the front-runner to acquire the assets of Anil Ambani-led Reliance Communications (RCom), according to reports. Reportedly, Reliance Jio is interested in acquiring a range of RCom's spectrum, which will be valued at about â¹19,000 crore. RCom, which has a debt of about â¹45,000 crore, is in a standstill period till December 2018.