Business tycoon and former billionaire Anil Ambani was on Friday ordered by a UK court to pay three Chinese banks $716 million (Rs 5,439 crore). The commercial court of the high court in London gave a summary judgment against Ambani, chairman of Reliance ADA Group, after his defence was struck down because he failed to make a conditional payment of $100 million (Rs 759 crore) to the court by March 20 this year

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