Bloomberg Lenders dumped shares of Anil Ambani group companies they held as collateral after their market value plummeted about 126 billion rupees ($1.8 billion) this month, adding to the litany of woes plaguing the Indian billionaire. Creditors sold a total 5.5 billion shares in four companies — Reliance Power Ltd., Reliance Infrastructure Ltd., Reliance Communications Ltd. and Reliance Capital Ltd. ...

Bloomberg Sony Corp. is buying back as much as 100 billion yen ($910 million) of its own shares, the electronics maker’s first-ever large scale repurchase. The shares rose as much as 4.8 percent in early trading in Tokyo after announcing the buyback, which will start on Tuesday and last through March 22. This is the first share repurchase aimed at ...

Bloomberg The China slowdown sending tremors through the business world has resulted in the biggest record loss in India’s corporate history. Tata Motors Ltd. shares had their biggest drop in 26 years in Mumbai trading after the company unveiled a writedown in its luxury Jaguar Land Rover Automotive Plc unit. The decline of as much as 30 percent was the ...