Anil Ambani Tuesday escaped a three-month prison term after his elder brother Mukesh Ambani agreed to repay money Reliance Communications owed to Ericsson’s local unit.
Anil Ambani had agreed to sell RCom’s towers, spectrum and fiber assets to older brother Mukesh's company for Rs. 173 billion in 2017 to fend off bankruptcy action by creditors.
The company's default was India’s most high-profile one on international debt since the nation’s insolvency and bankruptcy code was passed in May 2016.
एक तरफ जहाँ मुकेश अंबानी ने 2017 में दूरसंचार उद्योग में हड़कंप मचा दिया, वहीं छोटे भाई अनिल अंबानी उधार चुकाने के लिए एक के बाद एक व्यवसाय को बेचते रहे
A stunted middle class may be a direct result of extreme inequality. Folks at the top don’t see teeming masses as a meaningful market, except for utilities, soap, short videos, and personal loans.
Based on inflation figures for the last three months, RBI is expected to look for confirmatory evidence that can mark the beginning of a sustained decline in core inflation.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
It is a pity that Modi and Doval work for AA who is broke and has huge borrowings from banks.. 30000 cr bonanza for Rafael offset is to make up for all these. National security is a scam under these jokers.
Anil Ambani is using Modi influence for Ericsson to return back the money, why will technology companies invest in india if likes of Anil cannot pay for services rendered.
Bunch of crooks,
It is a pity that Modi and Doval work for AA who is broke and has huge borrowings from banks.. 30000 cr bonanza for Rafael offset is to make up for all these. National security is a scam under these jokers.
Anil Ambani is using Modi influence for Ericsson to return back the money, why will technology companies invest in india if likes of Anil cannot pay for services rendered.