Three Chinese banks are suing Reliance Group chairman Anil Ambani in a London court for failing to pay back $680 million in defaulted loans. The Mumbai branch of ICBC, China Development Bank and the Export-Import Bank of China agreed to loan $925 million to Anil Ambani’s firm RCom in 2012 on the condition that he provide a personal guarantee, ICBC’s lawyer Bankim Thanki told the court.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/34KIw0u
Subscribe to:
Post Comments (Atom)
Viral Video Shows 3,000 Engineers Queuing Up For Job Interview In Pune
In a viral video, over 3,000 engineers were seen queuing outside a Pune-based company for a recent walk-in drive targeting junior developer ...
-
The Taliban took control of the eastern Afghan city of Jalalabad early Sunday, effectively leaving the capital Kabul as the last major urban...
-
A court in Kerala on Friday sentenced a 63-year-old man to 109 years of rigorous imprisonment for raping a minor girl whom he had adopted a ...
-
Suhana Khan and the team of The Archies were Amitabh Bachchan's guests on his quiz show Kaun Banega Crorepati . A ROFL moment from the ...
No comments:
Post a Comment