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Top 10 biz headlines: Adani's airport bid, Railways job bonanza, and more

Here are the top 10 business stories that made news on Friday

Anil Ambani, RCom
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Anil Ambani, Chairman of India’s Reliance Communication, addresses a news conference at the company’s headquarters in Mumbai | Photo: Reuters

BS Web Team New Delhi
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