Anil Ambani - Latest News, Analysis, Opinion

As per the Security and Exchange Board of India (Sebi) framework, the parent firm of a mutual fund cannot access investors' money either directly or indirectly

Torrent Urges NCLT To Quash Fresh Auction Round For Reliance Capital

Torrent Group representative made a plea against the Committee of Creditors’ (CoC) proposal to hold fresh auction of RCap and asked the Tribunal to deny the same

Anil Ambani Receives Short-term Respite In Swiss Bank Funds Tax Evasion Case

Legal

Ambani received a warning from the I-T department on 8 August, 2022, for allegedly avoiding taxes on undeclared funds totaling more than Rs 814 crore

Torrent To Move NCLT Against RCAP Administrator To Stop Second Round Of Challenge Mechanism

The move comes after Reliance Capital's lenders proposed holding a fresh auction next week at a minimum bid threshold of Rs 9,500 crore

ACRE Offers To Buy LIC’s Rs4000 Cr RCap Bonds

The offer by Assets Care and Reconstruction Enterprise (ACRE) has triggered a Swiss challenge auction, the people said

Jio Proposes Rs 3,720 Cr Deposit In Escrow Account For Reliance Infratel Acquisition

Jio’s arm has appealed to NCLT Mumbai to issue directions that would help its subsidiary to acquire ownership and control Reliance Infratel once the resolution sum is deposited

Bombay HC Orders No Action Against Anil Ambani Till November 17

Anil Ambani today approaches the High Court in this case and said that wrong allegations have been made against him

Bombay HC Prevents Income Tax Authorities From Taking Coercive Action Against Anil Ambani

The tax authorities accused Ambani, 63, od "willful" tax evasion and alleged that he "deliberately" defaulted on the disclosure of his overseas bank account details and financial interests to the department.

Reliance Power Inks Pact With Varde Partners To Raise Up To Rs 1,200 Cr

Energy & Infra

Reliance Power in a stock exchange filing said that this debt will be used for settlement and discharge and/or acquisition and restructuring of certain financial debt availed by it

Supreme Court Allows Anil Ambani's RCFL Resolution Plan To Proceed

The imprimatur by the Court would, in effect, imply that now the banks would be in a position to work on the modalities and initiate the process of collection of money.

Perspective, 80 Points Of The IQ

Prof (Dr) Manoj Joshi

Opinion

IQ measures logical reasoning and pattern recognition. But a different way of looking at an issue can cut through and bypass step-by-step reasoning

Anil Ambani Resigns As Director Of RPower, RInfra

Sebi in February barred Reliance Home Finance Ltd, industrialist Anil Ambani and three other individuals from the securities market for allegedly siphoning off funds from the company

RBI Appointed Administrator Invites Bids For Resolution Of Reliance Capital

It subsequently filed an application for initiation of Corporate Insolvency Resolution Process (CIRP) against the company at the Mumbai bench of the National Company Law Tribunal (NCLT)

Anil Ambani And 3 Others Barred By SEBI For Excercising Unfettered Powers