File photo of Anil Ambani, chairman of Reliance Capital Ltd., leaves after the company’s annual shareholders meeting in Mumbai, India. (Photographer: Abhijit Bhatlekar/Bloomberg News)

Reliance Capital Rushes Asset Sales Ahead of Repayments in June

(Bloomberg) -- Beleaguered Indian tycoon Anil Ambani is on an asset sale spree to raise funds to meet mounting debt obligations.