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Jio proposes to deposit Rs 3,720 cr in escrow account to acquire RCom's tower, fibre assets

Billionaire Mukesh Dhirubhai Ambani-run Jio placed the bid of Rs 3,720 crore in November 2019 to acquire tower and fibre asset of debt-ridden subsidiary of his younger brother Anil Ambani managed firm Reliance Communications. ....

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