Indian tycoon Anil Ambani plans $3.2b asset sales to reduce debt pile

Indian tycoon Anil Ambani plans $3.2b asset sales to reduce debt pile

Photographer: Qilai Shen/Bloomberg

Indian tycoon Anil Ambani plans to raise about 217 billion rupees ($3.2 billion) by selling assets from roads to radio stations in a bid to cut debt.