Anil Ambani

Reliance Infrastructure signs inter-creditor pact

RInfra said it has now achieved standstill for 180 days as per the ICA. According to the RBI circular, the resolution plan of Reliance Infrastructure is to be implemented within 180 days.

RCom spectrum usage charges: SC dismisses DoT plea against telecom dispute tribunal’s order

The Supreme Court on Tuesday dismissed an appeal by the Department of Telecommunications (DoT) against a Telecom Dispute Settlement Appellate Tribunal (TDSAT) order which held that liabilities of past dues related to spectrum usage charges (SUC) rested only with Reliance Communications (RCom) — the seller — and not the buyer of its 800 MHz spectrum, […]

Now, debt-laden Anil Ambani plans to lease out Mumbai headquarters

The group's flagship infra arm Reliance Infrastructure, which is sitting on a debt of over Rs 6,000 crore, Monday said it has put Reliance Centre on the block for a long-term lease.

Coal imports: Directorate of Revenue Intelligence asks CBI to probe two Reliance ADAG firms

The DRI is probing at least 40 companies, including two companies of the Adani Group, two Essar Group firms and a few public sector power firms, for alleged overvaluation of coal imports from Indonesia pegged at Rs 29,000 crore.

Chinese banks demand $2.1 billion from tycoon Anil Ambani's firm

State-owned China Development Bank, with loans worth 98.6 billion rupees ($1.4 billion) was the biggest creditor to the indebted telecom company, according to a filing made by the Indian company to stock exchanges.

Anil Ambani's Reliance Capital calls PWC's observations baseless, unjustified

PWC cited the companies' failure to convene audit committee meetings within the expected time, despite multiple letters of intent sent to them, as one of the reasons for the resignation, the firms had informed stock exchanges.

PWC resigns as statutory auditor of Reliance Capital, home finance firm

Shares of Reliance Capital fell 6.82 per cent to close at Rs 87.50 on the BSE. Reliance Home Finance declined 3.94 per cent at Rs 17.05.

PWC resigns as statutory auditor of Reliance Capital and Reliance Home Finance

PWC has put in its resignation, with effect from June 11, 2019, citing unsatisfactory response to "certain observations" made by it as a part of the ongoing audit for fiscal 2018-19

Anil Ambani says group serviced debt of over 35,000 crore

Speaking over a conference call, Ambani said that this amount included inter alia debt servicing payments by Reliance Capital Group, Reliance Power group and Reliance Infra Group, and their respective affiliates.

Reliance Capital to sell BIG FM to Music Broadcast for Rs 1,200 crore

Reliance Capital and Reliance Land will divest their entire equity stake in Reliance Broadcast Network Ltd (RBNL) to Music Broadcast Ltd (MBL).

Massive landslide in Darjeeling, Indonesian plane crash, Digital India Launch

Narendra Modi launches Digital India campaign; Massive Landslide In Darjeeling, 38 Feared dead; Indonesian Air Force Plane Crashes, 100 Feared dead.

Deepika, SRK, Sonam, Ranbir and other celebs cast their vote

Deepika Padukone, Sonam Kapoor, Shah Rukh Khan and other celebs were seen casting their votes.

Aishwarya Rai Bachchan, Sridevi, Shilpa Shetty celebrate Karva Chauth

It was the traditional festival of Karva Chauth on Saturday (October 11) and just like the other Indian women, movie personalities too celebrated it with much pomp and show.

Jai Anmol Ambani with parents Anil and Tina at ADAG meet

Industrialist Anil Ambani and his wife Tina Ambani were seen with their son Jai Anmol Ambani at the AGM of ADAG group in Mumbai on Tuesday.

Anil Ambani, John Abraham, Neha Dhupia join the marathon runners

What Rahul did right: It was not the promise of better governance

Congress President Rahul Gandhi is rightly being credited for the grand old party's victory in three crucial states in the Hindi heartland. But what did he do right? It was not the promise of better governance. Manoj CG explains what really worked.

Reliance Defence to set up shipyard in Visakhapatnam

Mumbai, Jan 11 (ANI): Reliance Defence has signed an accord with Andhra Pradesh Government to set up a naval facility along the country’s coast with an initial investment of Rs.50 billion. Reliance Defence, a unit of billionaire Anil Ambani’s Reliance Infrastructure, plans to build submarines and aircraft carriers as well as to provide services including maintenance and refitting of ships at the facility. Reliance Chairman Ambani cited estimates saying the Indian navy could spend nearly 200 billion rupees annually over the next 15 years on acquisitions and fleet modernisation of submarines and aircraft carriers.