Indian tycoon Ambani pays debt after court threatened jail

Published: 18/03/2019
Indian tycoon Ambani pays debt after court threatened jail
Source: WWW.CHANNELNEWSASIA.COM

MUMBAI: Indian tycoon Anil Ambani has settled a multi-million debt with Sweden's Ericsson, the company said on Monday (Mar 18), after judges threatened the billionaire with jail if he did not pay his dues. The Supreme Court in February found that Ambani, 59, had refused to pay telecom giant ...

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