SBI, Union Bank, IOB mark RCom account as fraudThe State Bank of India (SBI), the Union Bank of India (UBI) and the Indian Overseas Bank (IOB) have marked Reliance Communication Ltd (RCOM) account as fraud, according to banking sources.
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Telecom Italia to retain Nokia as supplierThe United States has lobbied Italy and other European allies to avoid using Huawei's equipment alleging it could pose a security risk - a charge Huawei has rejected. Italy has so far declined to ban Huawei outright.
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