Anil Ambani

[Sushubh]

Asia's Richest Man May Reap Rewards From Brother's Telecom Woes - Bloomberg

While helping keep his sibling out of prison this week, Ambani also ditched an accord to buy the assets of his brother’s beleaguered telecom carrier Reliance Communications Ltd., effectively nudging it toward bankruptcy. With RCom all but sure to head into insolvency proceedings, Ambani may be able to snag those same assets at a discount.

so... i am guessing. even in this, the indian citizen loses.

 

[dextermorgan]

^ yup. Once I heard rcom was banned from selling to jio, I knew we taxpayers are going to get a massive haircut

AIr india Loss
Bsnl Loss
Mtnl Loss
State run power discoms Loss
Jet airways. Loss
Rafeal. HAL . Loss

Privatise the Profits! Socialize the losses! Vikas! Development! wah modiji wah

 

[Sushubh]

Opinion: Take A Bow, Ericsson, In How You Handled Anil Ambani Case

 

[Sushubh]

Anil Ambani: If you thought it could not get any worse for Anil Ambani, think again

 

[Sushubh]

Anil Ambani's RCom's bankruptcy begins; next hearing on May 30

 

[Sushubh]

Anil Ambani: The slogan I'm pushing across the group is 'death of debt': Anil Ambani

 

[Sushubh]

Anil Ambani discloses worldwide assets to UK court in Chinese banks case - Times of India

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[ijsa]

Ambani declared electrical expenses of Rs 60.6 lakh over eight months at Seawind — where he lives — and blamed it on south Mumbai having the highest electrical tariff.

“There have been reports you gifted your wife Tina a luxury motor yacht,” Thanki said, to which Ambani replied: “The yacht is owned by a corporate entity. I am a seasick person so never used it apart from when it arrived.”

The court heard he had outstanding loans of Rs 500 crore to his mother and Rs 310 crore to his son, Anmol.

And Govt. Of India & France could trust this person for the defence deal....

 

[Navjot Singh]

Isn't his company responsible for power tariff in Mumbai?

 

[Sushubh]

Accounts of Anil Ambani's Reliance Companies Declared Fraud: SBI To Delhi High Court

The bank accounts of Reliance Communication, Reliance Telecom and Reliance Infratel -- all owned by Anil Ambani -- have been classified as "fraud" the State Bank of India has told the Delhi High Court, opening up possibilities of a probe by the Central Bureau of Investigation. The court has...

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