Unit Of Anil Ambani’s Reliance Communications Files For Bankruptcy

Anil Ambani-controlled Reliance Naval & Engineering said recently it is facing an acute cash-flow crunch A unit of Reliance Communications Ltd., Anil Ambani’s distressed telecom firm, has filed for bankruptcy protection. GCX Ltd., which owns the world’s largest private undersea cable system, is the latest company owned by the tycoon to stumble. The former billionaire’s … Read moreUnit Of Anil Ambani’s Reliance Communications Files For Bankruptcy

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