SME Times News Bureau | 19 Mar, 2019
Shares of Anil Dhirubhai Ambani-led Reliance Communication (RCOM)
settled 10 per cent higher on Tuesday after it paid the due amount of Rs
580 crore to Ericsson on Monday.
Reliance Communication closed at Rs 4.40 per share, up 10 per cent from its previous close.
"The
requisite payment of Rs 550 crore and interest thereon to Ericsson has
been completed today in compliance of the judgment of the Supreme
Court," an RCOM spokesperson said on Monday.