分类： bharat

The brother of Asia’s richest man has pleaded poverty in his dispute with three Chinese banks seeking US$680 million (HK$5.28 billion) in defaulted loans.
“The value of my investments has collapsed,” Anil Ambani said, according to a court filing by the banks in a London lawsuit. “The current value of my shareholdings is down to around US$82.4m and my net worth is zero after taking into account my liabilities. In summary, I do not hold any meaningful assets which can be liquidated for the purposes of these proceedings.”
The lawsuit was filed by three state-controlled Chinese banks which argue that they provided a loan of US$925 million to Ambani’s Reliance Communications in 2012 with the condition that he personally guarantee the debt. The comments were disclosed on Friday as Ambani sought to avoid depositing hundreds of millions of dollars with the court ahead of a trial.
The embattled Indian tycoon says that while he agreed to give a non-binding “personal comfort letter,” he never gave a guarantee tied to his personal assets – an “extraordinary potential personal liability.”
The 60-year-old is the brother of Mukesh Ambani, who is worth US$56.5 billion and is the wealthiest man in Asia. Anil, on the other hand, has seen his personal fortune dwindle in recent years, losing his billionaire status. His telecommunications group Reliance Communications filed for bankruptcy last year.

The banks asked Judge David Waksman to force Anil Ambani to put up US$656 million into the court’s account.

An Indian airport has devised a highly creative – and reportedly effective – method to keep vexatious langurs off their runway: have an employee dress up as a bear and scare them off.
An extremely busy international airport in India’s western Ahmedabad city deployed the unorthodox tactic after struggling to prevent langurs from swarming the grounds of the air hub – and creating a potential safety hazard for passengers. The idea was reportedly hatched after the airport’s management learned that langurs are terrified of bears. The airport already has a team dedicated to chasing off birds and wildlife, so using a bear costume to increase results was perhaps a logical – and more fun – decision.

Pakistani premier Imran Khan has rebuffed his Indian counterpart’s claims that it would take 10 days at most to take down Pakistan, citing the past failures of French general Napoleon Bonaparte and Nazi leader Adolf Hitler.
“Narendra Modi, you need to brush up on your history. It seems your degree was fake,” Imran Khan said on Thursday, before showing off his own knowledge on the subject.

Leaders who have shown such pride have always been defeated in the past … [take] the failure of Hitler’s and Napoleon’s forces to permeate Russia.

Even the world’s most powerful military – namely, the American one – failed to win the Vietnam War and made no gains during the 19-year war in Afghanistan, he added.

The bizarre comparison – though not unusual for Khan’s rhetoric on Modi – came after the Indian premier maintained that it “won’t take more than a week – 10 days to make Pakistan bite the dust” if a war breaks out between the rival neighbors.