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By Anurag Kotoky Bloomberg: Latest News, Photos, Videos on By Anurag Kotoky Bloomberg

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Mukesh Ambani eying takeover of bankrupt Sintex Industries

By Anurag Kotoky, Mukesh Ambani’s Reliance Industries Ltd., along with a partner, are among those bidding to take over bankrupt Indian textile firm Sintex Industries Ltd., according to a stock-exchange filing, as the billionaire attempts to diversify from an oil empire and into telecommunications, green energy and fashion. ....

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India working on economic aid package for Sri Lanka: Report

By Anurag Kotoky, India is working on an urgent package of assistance for Sri Lanka to help the island nation out of an economic crisis, the Economic Times newspaper reported Saturday, citing officials that it didn’t identify. ....

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