SC Asks Anil Ambani To Pay Or Face Jail In Ericsson Case

Anil Ambani was held guilty of contempt today by the Supreme Court, which said he will go to jail for three months if he doesn't pay Rs. 453 crore to Ericsson India within four weeks. The court tore into the Reliance Communications chairman for what it called a "cavalier attitude" and fined him and two of his directors Rs. 1 crore each. "Anil Ambani and others b more

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