SC orders RCom to pay Ericsson's â¹550 cr dues by December 15
The Supreme Court has given Reliance Communications (RCom) time till December 15 to clear pending dues of â¹550 crore towards telecom equipment manufacturer Ericsson. The company has been directed to repay the amount with 12% interest from September 30. The court was hearing a contempt plea by Ericsson for non-payment of dues by RCom by the September 30 deadline.