
Anil Ambani to pay $717 million to Chinese banks, UK court-ordered
A UK court on Friday directed Reliance Group chairman Anil Ambani to pay nearly $717 million (around Rs 5,446 crore) within 21 days to three Chinese banks seeking the recovery of funds owed to them as part of a loan agreement. This Friday, through remote hearing because of the Covid-19 lockdown limitations, Justice Nigel at…