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Tuesday, December 2, 2025
TopicEricsson AB

Topic: Ericsson AB

Anil Ambani has a day to piece together $80 million to settle dues and avoid jail

His companies suffered a setback last week after a lower court refused to free up tax refunds withheld by lenders.

Threat of jail caps a long fall for billionaire Anil Ambani

Anil Ambani's moment of reckoning may have arrived as he races to pay debts or face a possible jail sentence over non-payment of dues to creditors.

Why Anil Ambani is in contempt of Supreme Court, and why he has to pay Rs 453 crore

The chairman of the Reliance-ADA Group did not pay Ericsson India its dues, and has now been directed to pay Rs 453 crore within four weeks, or face jail time.

On Camera

The politics of air pollution—how they are fooling the citizens

Greens have a sizeable support in the Western countries with clean air and blue skies, but not in India, where poisonous air, water and soil kill millions.

India picks up non-sanctioned Russian oil as discounts widen

The purchases confirm a cautious return to Russian oil, though overall spot purchases remain limited. Trade talks between US and India are ongoing.

India to commission new squadron of submarine-hunting Romeo choppers in Goa later this month

The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.

Gaali cricket: Bavuma stands tall, India’s Test ego cut to size

The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.