Ambani is struggling to save the remnants of his telecommunications-to-infrastructure empire from collapse after his wireless carrier Reliance Communications slipped into insolvency earlier this year
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Anil Ambani
Chinese lenders claim $2.1b from Anil Ambani’s Reliance
Chinese banks account for approximately 25% of the total claims
Anil Ambani
Video: Is Indian tycoon Anil Ambani out of trouble?
Indian tycoon Anil Ambani has settled a multi-million debt with Sweden’s Ericsson, the company said Monday, after judges threatened the billionaire with jail if he did not pay his dues.
Anil Ambani
Indian billionaire Anil Ambani pays debt after court threatened jail
The Ambani brothers engaged in a bitter feud for control of Reliance Industries after their rags-to-riches father Dhirubhai Ambani died in 2002 without a will
Anil Ambani
Reliance Communications asks court to release funds for Ericsson
Move by Reliance Communications comes a day after India’s top court it to pay $63.6m to Swedish telecom equipment firm