Anil Ambani’s Reliance Naval facing cash crunch amid debt revamp

Anil Ambani’s Reliance Naval facing cash crunch amid debt revamp

Photographer: Qilai Shen/Bloomberg

Reliance Naval & Engineering Ltd., controlled by Indian tycoon Anil Ambani, said it is facing an acute cash-flow crunch after orders dried up amid efforts to restructure a pile of debt.

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