What will that 'cheap China loan' cost RCom?

Since there's no such thing as a free lunch – or an ultra-cheap loan – what are the Chinese banks' motives in taking a large bet on Anil's empire?

January 18, 2012 / 22:42 IST

2011 has not been a great year for Anil Ambani.

The companies in his telecom-to-energy conglomerate are sitting on a mountain of debt, a chunk of which is denominated in foreign currencies and is coming up for redemption; three of his executives at Reliance ADAG were implicated in India

first published: Jan 18, 2012 04:43 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347