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2 mins read
Anil Ambani tries to fight off debts, sells BIG FM Radio to Radio City
In a bid to reduce outstanding debts, Anil Ambani's Reliance Broadcast Network Ltd will be giving a…
1 min read
Telecom sector is heavily burdened with tax, 40k more job cuts likely this year: Anil Ambani
While addressing a media briefing, Indian tycoon Ambani, whose RComm is laden under debt giving…
1 min read
The rise and fall of Anil Ambani’s Reliance Communications
Long before Reliance Jio, around the time when millennials were mere children, Reliance Infocomm 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
1 min read
Reliance Communications says it will clear Rs 25, 000 crore debt by September end
RCom told its lenders it is going to seal two business deals and will pay the debt from the amo…
2 mins read
Top three telecom companies’ debt is at ₹3.9 lakh crore — that’s half of India’s fiscal deficit
It doesn’t look like the debt is going away anytime soon. Jio’s predatory data tariffs are …
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…
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…
2 mins read
RCom chairman Anil Ambani, 4 other directors resign
New Delhi, Nov 16 () Reliance Communications Chairman Anil Ambani along with four directors have re…
PTI
2 mins read
RCom loans: Anil Ambani claims no personal guarantee given to three Chinese banks
Anil Ambani said he was defending himself against the claims by both SBI and the Chinese banks and…
PTI
2 mins read
Here's a look at all the companies that Anil Ambani owns
Formerly known as Reliance Energy Limited, Reliance Infrastructure Limited, and Bombay Suburba…
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…
5 mins read
Gautam Adani, Mukesh Ambani account for 59% of India’s top 10 billionaires’ wealth
Gautam Adani added 5 lakh crore to his wealth last year to become the richest Indian, beating Mukes…
1 min read
Yet another Anil Ambani company Reliance Home Finance defaults on loans
The Anil Ambani-controlled Reliance Capital group firm Reliance Home Finance has defaulted on loan …
PTI
2 mins read
Anil Ambani’s Reliance Infrastructure just got closer to a debt-free future by selling one of its most important businesses
Boasting annual revenues of over ₹75 billion, Reliance Infrastructure’s power business in Mumbai…
1 min read
RCom refuses to accept Moody’s and Fitch rating downgrades
The fall in shares accelerated the firm's losses in the past month to around 38%. It add…
4 mins read
As Reliance Jio turns three, another telecom venture of Mukesh Ambani is counting down to its end
It's been three years since Mukesh Ambani launched Jio, a business that is close to his heart. More…
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…
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 …