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Latest Articles in Anil Ambani

Equity Indices Close With Moderate Loss, IndusInd Bank Sinks By 5.6%

Among stocks, IndusInd Bank was the top loser after dipping by 5.58 per cent to Rs 1,399 per share.

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Yes Bank Acquires 30% Stake In Rosa Power, Stock Jumps By 4.6%

In a regulatory filing at stock exchanges, Yes Bank said it has acquired 12.73 crore equity shares or 29.97 per cent of the stake in Rosa Power Supply, a wholly-owned subsidiary of Anil Ambani-led Reliance Power Ltd.

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IRDAI Restores 100 Pc Shareholding In RGICL To Reliance Capital

IRDAI directed the trustee not to give effect to any encumbrance, transfer or any change in the shareholding of RGICL.

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Reliance Infrastructure Wins Major Arbitration Award Of Rs 1,250 Crore Against DVC

A three-member arbitration tribunal unanimously gave the award in favour of Reliance Infrastructure on December 21.

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Anil Ambani, Four Others Resign From Bankrupt Reliance Communications

Chhaya Virani, Ryna Karani, Manjari Kacker and Suresh Rangachar have also resigned from positions of directors.

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Airtel Submit Bids For Rcom Spectrum; Jio Seeks Deadline Extension By 10 Days

RCom committee of creditors is scheduled to meet on November 13, 2019, to take a call on the bids opening.

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Reliance Capital To Exit Lending Business, Shares Hit Two-Decade Low

Reliance Capital currently lends to small and medium enterprises through unit Reliance Money and to home buyers via Reliance home finance. Both these businesses accounted for about 15% of the company's revenue last financial year.

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RCom CEO Steps Down To Focus On US Unit's Bankruptcy Process

Anil Ambani-led RCom filed for bankruptcy in India earlier this year as lack of regulatory approval for asset sales.

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Care Ratings Downgrades Reliance Capital's Debt Rating; Firm Says Unjustified Move

Reliance, headed by business tycoon Anil Ambani, however, said funds had been arranged by the due date and the delay was due to technical glitches in the bank's servers.

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Reliance Capital Rejects PwC's Observations After Auditor Quits

Shares in Reliance Capital have declined for two straight days after the announcement of PwC's resignation.

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Reliance Capital Calls PWC's Observations Baseless, Unjustified

The companies said they have also duly furnished all requisite and satisfactory details as required by PWC.

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PWC Resigns As Statutory Auditor Of Reliance Capital And Reliance Home Finance

Both Reliance Capital and Reliance Home Finance said they do not agree with the reasons given by PWC.

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Reliance Group's Anil Ambani Says Will Make Timely Debt Service Payments

We at the Reliance Group are fully committed to meet our future debt servicing obligations in a timely manner through further asset monetization plans that are already at various stages of implementation: Anil Ambani

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Anil Ambani To Withdraw Defamation Suits Against Cong, Herald

The formal process to withdraw the suits will be taken up in the court when it resumes after the summer vacation

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Why Indian Startups Love Singapore

Despite the Indian government’s efforts to ease the process of registering a company, startups still face a mountain of bureaucratic hurdles

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