Anil Ambani found guilty of contempt by Supreme Court

The Supreme Court on Wednesday held Reliance Communications Ltd (RCom) and its executive Anil Ambani guilty of contempt for not paying the levy to Ericsson. A bench headed by Justice R.F. Nariman coordinated Ambani to pay ₹453 crore to the Swedish telecom equipment creator inside a month and said that a three-month jail-term would follow if the payment was not m more

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