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Mukesh Ambani: India’s richest man helps his brother avoid jail

Mukesh Ambani, left, sits next to his wife Nita Ambani, and Anil Ambani on the right India’s richest man Mukesh Ambani has paid a debt payment owed by his brother, saving him from spending time in prison. Anil Ambani faced a prison sentence after a deal between his firm Reliance Communications (RCom) and telecoms giant Ericsson collapsed. That left his firm owing Ericsson 5.5bn rupees ($80m; £60m), which it failed to pay by a court deadline. The move marks a new twist a long-running feud between the brothers. RCom failed to comply with an India Supreme Court order to […]

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