1. Lenders may refuse to take RCom's request for release of Rs 260 crore
The lenders to Reliance Communications (RCom) are unlikely to agree to the company’s request for the release of Rs 260 crore, which it received as income-tax refunds and is lying in its bank account, to pay Swedish equipment maker Ericsson, said sources. Read more...
2. Railways set to launch massive recruitment drive to fill up 131,000 posts
Indian Railways is set to come out with an "IndicativeNotice" on Saturday, initiating the process for filling up 131,000 vacancies. The national transporter had recently faced criticism over the timing

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