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Anil Ambani's sinking wealth leaves lenders jittery

While RCom owes Indian banks close to Rs 45,000 crore, Ambani has lost close to $408 million of personal wealth year-to-date until Tuesday. Reliance Communications’ (RCom’s)......

Lenders won't sell Anil Ambani-led Reliance group shares till Sep

Nine lenders have exposure to the promoter entities and had taken listed operating companies’ shares as collateral from the promoter companies. Promoter entities of the debt-heavy Anil......

RInfra will soon be debt-free at standalone level

The company will now focus on value creation for shareholders in the defence and construction businesses. The Anil Ambani-controlled Reliance Infrastructure (RInfra) on Thursday announced the sale......

Companies facing huge debts run by billionaires!

"You only have to do a very few things right in your life so long as you don't do too many things wrong." Warren Buffett  Image: UB Chairman Vijay Mallya. Photograph:Reuters   Warren......

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