Anil Ambani in talks to sell general insurance unit to pare debt

Anil Ambani in talks to sell general insurance unit to pare debt

Photographer: Qilai Shen/Bloomberg

Beleaguered Indian tycoon Anil Ambani is in talks to sell his group’s general insurance unit to a shadow lender, people familiar with the matter said, as he seeks to reduce debt.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter