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Shares of Anil Ambani's Reliance Communications hits all-time low

The shares of Anil Ambani-led Reliance Communications fell by 20% to an all-time low on Monday, after it reported a $150 million fourth-quarter loss and worries about its massive debt load resurfaced. The company posted its second straight loss, dragged down by a price war following Reliance Jio's entry. The company has also reportedly delayed repayment of loans to over 10 banks.

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