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bnp: BNP Paribas answers Jio's call for $2 billion loan

Reliance Jio Infocomm, Indias largest telco, is raising up to $2 billion in offshore loans with BNP Paribas as the lead arranger. The funding will help finance the purchase of 5G network gear from Ericsson. Swedish export credit agency EKN has provided a $2.2 billion cover to protect Ericsson and the lenders involved in the deal from risks.
Industrie Jio Jio Infocomm Reliance Industrie Jio Reliance Jio Infocomm Bnp Paribas Ekn Cover

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Why the Govt is rushing an alternative to its laptop licensing scheme

The Centre in August announced the imposition of licensing requirements for the import of laptops and PCs. However, it now rushes to replace previously planned import โ€˜restrictionsโ€™ with import โ€˜managementโ€™ instead.
New Delhi Rajeev Chandrasekhar Bharti Airtel National Security Directive On Telecommunication Sector Indian Express Directorate General

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