Thursday , February 21 2019

Indian billionaire Anil Ambani ordered to pay Ericsson or face jail

Bloomberg India’s top court warned billionaire Anil Ambani he’ll be put behind bars unless his group pays its dues to Swedish supplier Ericsson AB, the latest twist in a dispute that helped push the tycoon’s mobile-phone carrier to file for bankruptcy. Ambani, 59, disobeyed an earlier Supreme Court order for ...

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