Anil Ambani

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Rcom, Reliance Communications, Anil Ambani, Anil Ambani-led Reliance Communications, Jio, Reliance Jio

RCom calls off Aircel merger; to seek alternate plans for debt reduction

RCom and Aircel had signed binding agreements in September 2016 for the merger which would have created an entity with assets worth Rs 65,000 crore.

reliance, reliance power, reliance profits, reliance growth, reliance news, business news

Reliance communication registers 33 percent fall in first quarter of 2017-18

Reliance Communication has registered a Rs 1, 210 crore loss in the first quarter of FY 2016-17.

anil ambani, reliance group, indian express

Foreign funds buy 4.5 per cent stake in Reliance Mutual Fund for $100 million

Two foreign funds buy 4.5 percent stakes in Anil Ambani led Reliance mutual Fund ahead of the scheduled IPO in October. The IPO is set to generate Rs 1,800 crore which will be used to grow the business and create new inorganic opportunities.

anil ambani, reliance group, indian express

Dhirubhai enjoyed more in creating wealth for masses: Anil Ambani

Anil Ambani said Reliance MF has grown from an AUM (assets under management) of under Rs 60 crore in 1995 and Rs 2,200 crore in 2002 to Rs 2.25 trillion now, which is an over 100 times of growth, while the total AUM of the AMC (asset management company) currently is Rs 3.58 trillion.

reliance, reliance power, reliance profits, reliance growth, reliance news, business news

GST will be India’s ‘economic freedom’: Anil Ambani

Anil Ambani said the free market is a force for generating wealth and transforming lives and the real promise of GST is promise of economic liberation. With the promise of ‘One Nation, One Tax, One Market’, it would create a borderless world of 1.3 billion people engaged in a seamless exchange of goods and services, skill sets and capital, labour and ideas.

Thales, Reliance Defence, Rafale combat aircrafts, Anil Ambani

Offset obligation: Reliance Defence, Thales to form JV

Within the proposed JV, Reliance Defence will have a 51 per cent shareholding, whereas the remaining 49 per cent will be held by Thales

reliance, reliance power, reliance profits, reliance growth, reliance news, business news

Reliance Defence inks partnership with Serbia’s Yugoimport; to manufacture ammunition in India

“Two companies will work together in the field of ammunition amongst others, with projected minimum requirement of Rs 20,000 crore over next 10 years from Indian armed forces,” Reliance Defence Ltd (RDL) said in a statement.

Anil Ambani, Mukesh Ambani, Reliance, Reliance Jio, RCom, 4G, telecom sector, 4G services, Reliance Communications, business news, economy news

Reliance Communications chairman Anil Ambani will not draw salary in FY18

This comes just days after the company’s debt was downgraded by three credit agencies amid fears of a default.

reliance, reliance capital, r cap, anil ambani, anmol ambani, anil ambani son, anil ambani family, ambani family, reliance group, business news

RCom gets seven months to service debt, to cut burden by 60 per cent

RCom will consider strategic sale of global business to further pare debt, said Anil Ambani.

RPower gets in-principle nod for LNG-based plant in Bangladesh

Reliance Power will set up a 2 million tonnes a year floating LNG import terminal with a floating storage and re-gasification unit (FSRU) to bring the fuel in ships for firing the power plant.

Reliance Infrastructure, Anil Ambani, Anil Ambani DGCEI, Ambani tax, Ambani non-payment tax, Ambani investigated, Tax fraud Ambani, RInfra Ambani, Business news

Reliance Defence ties up with three Ukranian firms

Under the agreement with Antonov, Reliance and Antonov will jointly bid for the Medium Military Transport Aircraft programme of HAL.

Reliance Infrastructure, Anil Ambani, Anil Ambani DGCEI, Ambani tax, Ambani non-payment tax, Ambani investigated, Tax fraud Ambani, RInfra Ambani, Business news

Defexpo 2016 in Goa: Reliance ADA Chairman Anil Ambani to deliver special address

Of the two panel session hosted, a panel headed by G. Mohan Kumar, the Secretary at the Ministry of Defence will take on key issues on Defence Procurement Procedure (DPP) of 2016.

Anil Ambani’s Reliance Defence gets 12 industrial licences from DIPP

To manufacture a wide range of defence equipment. The Indian Army will spend an additional Rs 50,000 crore over the next 10-15 years on different combat vehicles.

Mukesh Ambani’s $20 billion bet on cable TV, telecom could start a new family rivalry

Today, only 20 million homes in India have a broadband or another Internet connection – indicating huge potential in a country with a population of some 1.3 billion.

Mokhabardi irrigation scam, mokhabardi scam, maharashtra irrigation scam, R J Shah and Company, D Thakkar Constructions, india news

Birla Corp buys RInfra cement unit for Rs 4,800 cr

RCCPL has an integrated cement capacity of 5.08 million tonne per annum (MTPA) at Maihar, Madhya Pradesh and Kundanganj, Uttar Pradesh and a grinding unit of 0.5 Mtpa at Butibori, Maharashtra.