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2 mins read
Anil Ambani reviewing SEBI order, to take appropriate steps: Statement
Anil Ambani is examining Sebi's order that bans him from capital markets for five years and imposes…
PTI
2 mins read
Breather for Anil Ambani as Supreme Court dismisses SBI plea
The Supreme Court bench, headed by Justice L. Nageswara Rao, directed the Delhi High Court to co…
1 min read
Anil Ambani's Reliance Power arm slips into bankruptcy
Reliance Power on Tuesday said one of its lenders Axis Bank has initiated insolvency process ag…
PTI
1 min read
Anil Ambani's journey from $42 billion net worth to claiming poverty
This is despite the fact that he owns a fleet of cars, a jet, a helicopter and a yacht. However,…
4 mins read
Mukesh Ambani's strategy with Reliance Jio is avoiding Anil Ambani's mistakes with RCom
A bet on the wrong technology meant extra investments, which coincided with the global econ…
2 mins read
Anil Ambani’s Reliance Marine is his second company to be declared bankrupt
Reliance Marine and Offshore is a subsidiary of Reliance Naval, whose shares are tradi…
1 min read
Chinese banks have a lot to lose as Anil Ambani’s RCom assets may be worth a quarter of the loans
Lenders have claimed ₹49,000 crore from RCom, of which nearly a third of the claims are from ban…
2 mins read
Anil Ambani is firefighting another charge that says RCom diverted funds into other group companies
The promoters of Reliance Communications (RCom) have refuted a fresh set of allegations that funds …
1 min read
Anil Ambani gets a sigh of relief as NCLAT dismisses a contempt plea against him
A minor shareholder HSBC Daisy Investments had moved the court for Ambani’s Reliance Infratel’s …
2 mins read
The creditors of Anil Ambani’s cash-strapped Reliance Communications are finally making it undergo bankruptcy proceedings
RCom owes around 31 creditors - mainly the State Bank of India - around ₹500 billion. The ca…
2 mins read
Anil Ambani’s woes get compounded with a series of downgrades for three Reliance Group subsidiaries
The debt instruments of Reliance Home Finance (RHFL) and Reliance Commercial Finance (RCFL) ha…
4 mins read
A British judge won't believe Anil Ambani is 'broke'— or that his family won't bail him out
The Reliance Group indicated that it plans to appeal against the ruling, which will involve a proce…
PTI
2 mins read
Anil Ambani’s RCom secures extension on crucial debt payment, avoiding bankruptcy and keeping hopes of a bailout alive
India’s Supreme Court has granted a reprieve to Anil Ambani’s Reliance Communications (RCom), gi…
1 min read
SBI takes Anil Ambani to NCLT to recover Rs 1,200 cr
A spokesperson of Anil Ambani in a statement said: "The matter relates to a corporate loan availed…
PTI
1 min read
Anil Ambani’s Reliance Capital repays ₹72.6 crore loans; stock tanks
This amount includes the payment the company has made in both interest and principal. “Thi…
2 mins read
Anil Ambani questioned by ED for his loans from troubled YES Bank
The group borrowed over ₹1400 crore from YES Bank, making it one of the biggest borrowers. Amban…
2 mins read
Mukesh Ambani may now have a reason to buy Anil Ambani's bankrupt RCom, say reports
This March, Reliance Industries had to go back on its plans to buy Reliance Communications d…
1 min read
Bharti Airtel treads where Reliance Jio is measuring its steps – RCom’s assets
However, many expected his brother Mukesh Ambani’s Reliance Jio to bid for the spectrum, fii…
1 min read
NCLT reserves order on SBI plea against Anil Ambani to recover over Rs 1,200 cr
The public sector lender had approached the tribunal under Section 97(3) of the Insolvency and Ban…