Reliance Communications gets bondholders nod for asset sale

(Reuters) - Indian telecom company Reliance Communications Ltd (RCom) said on Wednesday its bondholders approved its asset selling plan.

Holders of the company's $300 million bonds have approved the sale of assets to Reliance Jio Infocomm Ltd, owned by Mukesh Ambani-led Reliance Industries Ltd, and monetisation of other real estate assets, RCom said in a statement.

(Reporting by Vishal Sridhar in Bengaluru; Editing by Amrutha Gayathri)