RIL AND RCOM IN RS 12000 CR DEAL

RIL's Reliance Jio Infocomm has signed a Rs 12,000-crore tower sharing deal Reliance Communications for an accelerated roll out of 4G services across the country. Rcom closed at Rs 116 after touching intra day high of Rs 119. RIL closed at Rs 784, down one percent, in the exchanges yesterday.

L&T-SOJITZ JV BAGS RS 6700 CR DEAL

Infra major L&T along with Japanese infra company Sojitz has bagged Rs 6700 Cr contact from Dedicated Corridor Corporation of India. The work involves laying an 643 km of rail track between Rewari In Haryana and Palanpur in Gujarat.