Tech Mahindra files insolvency petition against RCom

IT major Tech Mahindra has filed three cases against Reliance Communications (RCom) and two of its subsidiaries in National Company Law Tribunal under the Insolvency and Bankruptcy Code. Reportedly, RCom owes ₹3.6 crore, Reliance Telecom owes ₹3 crore and Reliance Big TV owes ₹1.5 crore to Tech Mahindra. Earlier, Ericsson India had filed an insolvency case against RCom demanding dues.

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