Contempt of court: Anil Ambani fined Rs 1cr or 1-month jail

Apart from directing Reliance Communications (RCom) Chairman Anil Ambani to pay Rs 453 crore to Ericsson, the Supreme Court of India has slapped him and two other directors of Reliance companies with a fine of Rs 1 crore each for dishonoring its earlier order. Failing to pay Ericsson would attract 3-month jail term, while failing to pay the fine would get them a month in jail.

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