Ambanis take a hit!

The downward spiral of the American stock markets and bubbling financial debt crisis has impacted the business elite of India as well!

The less offensive looking brother, Anil Ambani of the Anil Dhirubhai Ambani Group took the biggest hit earlier this week, with an overwhelming loss of almost Rs. 8,000 crores in just two days! Holy Guacamole!

Maybe that's why Tina's sticking to her crepe silks instead of her Dolce Gabbanas...?

[FT, Flickr]