Anil Ambani

Anil Ambani News

Anil Ambani resigns as director of Reliance Communications

The company in a filing said that Ambani along with Chhaya Virani, Ryna Karani, Manjari Kacker, Suresh Rangachar have resigned as directors of RCom.

Anil Ambani dragged to court by Chinese banks for $680 million unpaid loan

Anil Ambani says that while he agreed to give a non-binding “personal comfort letter,” he never gave a guarantee tied to his personal assets -- an “extraordinary potential personal liability.”


IRDAI directs Reliance Health to cease business

IRDAI said RHICL, which began operations in October last, has not been able to maintain the required solvency margin since June 2019.

Reliance Infra appoints Anshul and Anmol Ambani as Directors

Their appointment is effective from October 9, 2019 and both shall hold office up to the ensuing annual general meeting (AGM) as additional directors, the company said in a BSE filing.

At AGM, Anil Ambani says Reliance Capital to exit lending business

Addressing the company’s annual general meeting (AGM), Ambani said that he expects the resolution plans for Reliance Home Finance and Reliance Commercial Finance to be completed by December.

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.

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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.

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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.