Reliance Communications CEO Vinod Sawhny resigns
Anil Ambani-owned Reliance Communications (RCom) on Saturday announced that the company has accepted the resignation of its CEO Vinod Sawhny and appointed two acting Co-CEOs with immediate effect. Sawhny resigned from the post due to personal reasons, RCom said. This comes after the announcement of RCom-Aircel merger, that will reportedly create an asset base of over ₹65,000 crore.