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
Mukesh Ambani can look back on a year during which he has shaken up the telecom industry, whereas Anil has been selling one business after another to raise cash.
From Sam Pitroda talking about inheritance tax to Goan candidate saying the Indian Constitution was 'forced' on Goa, Congress has been having its own foot-in-the-mouth moments.
The announcement, made by JeM’s Maktab-ul-Rabita, or office for communication, comes 2 yrs after Pakistani officials claimed the militant was living under Taliban protection.
The could have sold reliance Ltd shared,was it?