News Digest: RCom to exit SDR, GST collections, fixed-term jobs, and more

From RCom finalising Rs 39,000-cr debt resolution plan to decongesting big cities on Nitin Gadkari's priority list, BS brings you up to date with the latest news

RCom to get out of SDR; finalises Rs 39,000-cr debt resolution plan

Anil Ambani-owned Reliance Communications (RCom) said on Tuesday it had exited the strategic debt restructuring (SDR) scheme of lenders by agreeing to sell its telecom towers, real estate and other assets, and getting a strategic investor in the “new RCom”, which would help reduce its debt by Rs 39,000 crore. Read more

Budget worries: GST collections fall to lowest in November at Rs 80,808 cr

In continuance with the slide, the mop-up under the goods and services tax (GST) in November fell