Anil Ambani's Shipyard Risks Insolvency as Banks Spurn Debt Plan
Anil Ambani, chairman of Reliance Communication addresses a press conference in Mumbai. (Source: PTI) 

Anil Ambani's Shipyard Risks Insolvency as Banks Spurn Debt Plan

(Bloomberg) -- The shipyard controlled by embattled Indian tycoon Anil Ambani is facing the prospect of bankruptcy after failing to get creditors’ approval for restructuring 70 billion rupees ($970...
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