Mukesh Ambani is available in help of his brother Anil Ambani to help to clear all funds attributable to Ericsson lower than 24 hours earlier than the expiry of Supreme Courtroom’s deadline.

Billionaire businessman Anil Ambani on Monday thanked his brother Mukesh Ambani and his spouse Nita Ambani for extending “well timed help” after his agency Reliance Communication – which is going through large debt – managed to efficiently clear all funds attributable to Ericsson lower than 24 hours earlier than the expiry of Supreme Courtroom’s deadline.

“My honest and heartfelt because of my revered elder brother, Mukesh and Nita, for standing by me throughout these making an attempt instances, and demonstrating the significance of staying true to our robust household values by extending this well timed help. I and my household are grateful we now have moved past the previous, and are deeply touched with this gesture,” he mentioned in a short assertion issued by way of the corporate spokesperson.

“The requisite fee of Rs 550 crore and curiosity thereon to Ericsson has been accomplished at the moment in compliance of the judgment of the Hon’ble Supreme Courtroom,” mentioned the corporate spokesperson.

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