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ABCL BANKRUPTCY
When Rajinikanth shared how Amitabh Bachchan was once buried in nearly Rs 90 crore of debt, feared losing his Juhu home Prateeksha and was mocked by Bollywood before turning things around with KBC and brand endorsementsAmitabh Bachchan encountered severe financial difficulties in the late 1990s due to his production company. The situation became so dire th...- The Amitabh Bachchan life lesson Edelweiss MF CEO Radhika Gupta says everyone should learn: From Rs 90 crore debt, 55 legal cases to remarkable comebackAmitabh Bachchan faced a severe financial crisis in the late 1990s after ABCL collapsed, leaving him with Rs 90 crore debt and around 55 le...
- Amitabh Bachchan was bankrupt in 90s with debts over Rs 90 crore. Yet he refused help from Dhirubhai Ambani, reveals producerFacing severe financial distress after his venture ABCL collapsed, Amitabh Bachchan refused all external financial aid. He chose to repay h...
- When Big B faced his biggest battle: How Amitabh Bachchan fought Rs 90 crore debt, and his son Abhishek became his 'strongest' backupAmitabh Bachchan, once dismissed, rose to Bollywood stardom before facing a severe financial crisis with ABCL, accumulating massive debts. ...
- 'I am a flop actor': When Jaya Bachchan reminisced about Amitabh Bachchan's career strugglesAmitabh Bachchan faced a significant career downturn in the 1990s, marked by box office failures and financial struggles with his company, ...
- From bankruptcy to being a bankable star in his 70s, Amitabh Bachchan is the ‘Shahenshah’ of comebacksHe might be the ‘living legend’ and hailed as ‘Sadi ke Mahanayak’ , but Amitabh Bachchan’s career was not a bed of roses.
- Financial lessons from 7 celebrity millionaires who lost a fortuneAmitabh Bachchan, Boris Becker, Nicolas Cage, Mike Tyson -- they all went bankrupt. Here are money lessons you can learn from celebrities w...
- TV9 Deal: SAIF partners moves NCLT against Srini Raju, othersSAIF Partners wanted to block the deal wherein Raju and his associates agreed to sell their entire holding in favour of a consortium of two...
- From ABCL to Lehman Brothers, six companies that simply sankIn 1999, Bachchan's ABCL approached BIFR to be rated as a sick company. Trump's Entertainment Resorts had filed for bankruptcy 4 times.
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