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India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait

Reliance Group partners with Bhutan for major solar and hydropower projects

Oct 03, 2024, at 03:37 am

Thimphu: Reliance Group announced a strategic collaboration with the government of Bhutan to develop large-scale solar and hydropower projects.

Anil Ambani's Reliance Infrastructure to get equity infusion of Rs 1,100 cr from promoters

Sep 20, 2024, at 11:12 pm

Mumbai: Anil Ambani's Reliance Infrastructure is set to receive an equity infusion of Rs 1,100 crore from its promoters and Rs 1,910 crore from two investment firms based in Mumbai, according to a stock exchange filing on Friday.

Anil Ambani led Reliance Infrastructure to raise Rs 6,000 cr via share sale

Sep 20, 2024, at 06:37 am

Mumbai: Reliance Infrastructure Ltd, led by Anil Ambani, announced plans to raise up to Rs 6,014 crore through the sale of shares and convertible warrants on Thursday.

Reliance Power settles Rs 3,872 crore in obligations, achieves debt-free tag

Sep 18, 2024, at 07:41 pm

Mumbai/IBNS: Shares of Reliance Power Ltd surged by 5 percent on Wednesday (Sept. 18) after the company announced that it had fully settled its Rs 3,872 crore obligation as a guarantor for Vidarbha Industries Power (VIPL), reports Moneycontrol.

Anil Ambani reviewing legal options against SEBI order: Statement

Aug 26, 2024, at 06:57 pm

Mumbai/IBNS: Reliance Group chairman and managing director Anil Ambani, who has been banned by the Securities and Exchange Board of India (SEBI) from accessing the securities market for five years on fund diversion charges, is reviewing legal options, his spokesperson said on Sunday (Aug 25).

SEBI imposes 5-year ban on Anil Ambani, 24 others from participating in securities market

Aug 23, 2024, at 08:01 pm

Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) — the regulatory body for securities and commodity market in the country — has imposed a five-year ban on industrialist and Reliance Group's managing director (MD) Anil Ambani and 24 other parties, including former senior executives of Reliance Home Finance, from participating in the securities market.

Gautam Adani considering bidding for Anil Ambani's coal-fired power plants under auction: Report

Jul 12, 2023, at 06:20 am

New Delhi: Billionaire Gautam Adani is contemplating a bid for the coal-fired power plants owned by Anil Ambani, who is facing financial difficulties, Bloomberg reported.

Anil Ambani questioned by ED in FEMA violation case

Jul 04, 2023, at 01:30 am

Mumbai: Reliance ADA Group Chairman Anil Ambani appeared before the Enforcement Directorate (ED) in Mumbai on Monday, media reports said.

Reliance Jio gets NCLT's nod to acquire Reliance Infratel

Nov 23, 2022, at 03:21 am

Mumbai/IBNS: Reliance Jio Monday secured approval of the National Company Law Tribunal (NCLT) to acquire debt-laden Reliance Infratel in a bankruptcy resolution that lingered for two years, media reports said.

Anil Ambani arrives in Jammu and Kashmir

Jan 25, 2021, at 03:50 am

Srinagar: Anil Ambani, Chairman of Reliance Group, along with his family arrived in Kashmir on Friday.

Accounts of Anil Ambani-owned Reliance Telecom, Reliance Infratel, Reliance Communication declared fraud

Jan 07, 2021, at 04:53 am

Mumbai/IBNS: In a setback for Anil Ambani, the bank accounts for Reliance Communication, Reliance Telecom and Reliance Infratel, all owned by the financially-beleaguered businessman, have been declared "fraud" by the State Bank of India, the High Court was informed, said media reports.

State Bank of India initiates steps to recover $158 million from Anil Ambani

Jun 15, 2020, at 03:52 pm

Mumbai/IBNS: State Bank of India is taking steps to recover the two guarantees furnished by former billionaire Anil Ambani, which according to a news report is worth over $158 million, according to news reports.

Loan default case: Anil Ambani tells court that his net worth is 'zero'

Feb 08, 2020, at 05:40 pm

London/IBNS: Anil Ambani, the brother of one of the world's richest persons, Mukesh Ambani, has said his net worth now is zero.

Reliance Infra appoints Anil Ambani’s sons Anshul and Anmol Ambani as directors

Oct 10, 2019, at 12:50 pm

Mumbai, Oct 10 (UNI) The Anil Ambani-led Reliance Group Reliance Infrastructure (RInfra) has appointed Anmol and Anshul as directors on the board of the company.

Mukesh Ambani saves brother Anil from jail by paying up Ericsson dues

Mar 19, 2019, at 12:31 pm

Mumbai, Mar 19 (IBNS): After years of strenuous relationship, businessman Mukesh Ambani helped his brother Anil Ambani to pay up dues to Ericsson, saving the latter from going to jail, media reports said.