In a major gesture of support, leading business tycoon and India\u2019s richest man Mukesh Ambani payed off his eldest brother\u2019s Anil Ambani\u2019s debt to Sweden-based Ericsson.<\/p>\n
Ericsson received USD 67.42 million in debt from Telecom Operator RCom as unpaid dues for a mutual deal signed in 2014. Mukesh\u2019s support helped Anil pay off a total due of USD 80 million!<\/p>\n
Expressing his gratitude to his billionaire brother, Anil said that he was thankful to Mukesh for standing by him in trying times and displaying the characteristic of staying true to strong family values in the form of timely support.<\/p>\n
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Earlier last month, India\u2019s Supreme Court had ordered Anil Ambani and two other RCom directors to pay off their dues within a time frame of four weeks. Failure to do so would result in imprisonment of involved individuals for three months.<\/p>\n