HomeNewsBusinessCompaniesWhat will that 'cheap China loan' cost RCom?

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
Story continues below Advertisement

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!