Business & Finance Business Headlines

Business Headlines: How did a nearly bankrupt Anil Ambani repay his debt?


The Anil Ambani led ADAG Group is facing unprecedented problems. Its listed entities are reduced to market capitalization of ₹ 20,500 crore from upward of ₹ 4,00,000 crore a decade ago. We take a look at the companies under its umbrella and what issues they are facing. Indiabulls Housing Finance is at the receiving end of an accusation that states that the company and its promoters have diverted ₹ 98,000 crore of funds for personal benefit. We take a closer look at the accusation and the response the company provided. #AnilAmbani #PWC #ADAG #Indiabulls

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