Billionaire Ambani Turns to China to Cut Costs: India Credit

Dec. 23 (Bloomberg) -- Billionaire Anil Ambani’s companies borrowed $3 billion from lenders including China Development Bank Corp. to gain cheaper funding after rupee borrowing costs climbed the most in four years.

Billionaire Ambani Turns to China to Cut Costs: India Credit

Backlink: http://www.businessweek.com/news/2010-12-22/billionaire-ambani-turns-to-china-to-cut-costs-india-credit.html