Tag: bankruptcy
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Anil Ambani Companies Hold Fraudulent Indian Bank Accounts
Anil Ambani Companies: Three companies owned by Anil Ambani led Reliance Group have been flagged for being fraudulent by well-known Indian banks, including State Bank of India. Apparently, Reliance Communications, Reliance Infratel, and Reliance Telecom owes lenders as much as a whopping ₹86,188 crore. Anil Ambani has been claiming that his net worth is zero. ...