India’s billionaires struggle to woo Trump
Mukesh Ambani and Gautam Adani have found it hard to make headway with the US president
Mukesh Ambani and Gautam Adani have found it hard to make headway with the US president

Reliance group chaired by Asia’s richest man has benefited from cheap crude imports now targeted by Donald Trump

Also in this newsletter: Indian banks post a disappointing quarter

More diplomacy by entrepreneur might be needed amid regulatory challenges and domestic competition to his businesses

Indian tycoon had lobbied Trump administration and pledged billions of dollars of investment in America

Additional levies over Russian oil purchases raise rates on New Delhi to among the highest in the world

US president lashes out at New Delhi’s trade policies and economic ties with Russia but signals deal is possible