Anil Ambani at an event in Shanghai, China. (Photographer: Qilai Shen/Bloomberg)

Anil Ambani Vows to Reduce Debt Further After Paying $5 Billion

(Bloomberg) -- Embattled Indian tycoon Anil Ambani pledged to reduce debt at his infrastructure-to-finance conglomerate to a “bare” minimum, seeking to bolster investor confidence in an empire that...