Lease of life to Reliance Communications as lenders give it 7 months for Aircel, Brookfield deal
Lenders have given an additional time of seven months to to Reliance Communications to raise funds from two merger and asset sale deals, giving a temporary but major relief to the beleaguered telecom firm, ET Now reported citing unidentified sources. The lenders will consider a corrective action plan under the SDR (strategic debt restructuring) route,…