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Anil Ambani News
Reliance Power asks Sebi to immediately ban Edelweiss from capital markets
Wed, Feb 13, 2019
Anil Ambani-led Reliance Power has asked the Sebi to immediately ban Edelweiss Group from the capital market, alleging "illegal and market disruptive activities" to cause a steep plunge in the company's share price.
Anil Ambani-led Reliance General Insurance files for IPO with SEBI
Tue, Feb 12, 2019
In a statement issued here, Reliance Capital said the initial public offering (IPO) by its wholly-owned subsidiary Reliance General comprises fresh equity issue aggregating up to Rs 200 crore.
Reliance Insurance files fresh IPO papers; removes Edelweiss as merchant banker
Mon, Feb 11, 2019
Besides, the company has removed Edelweiss as one of the lead merchant bankers to manage its initial public offer (IPO), they added.
Market cap erosion: Boards of Reliance group firms recommend legal action
Sat, Feb 09, 2019
A day after accusing L&T and Edelweiss entities of causing huge market value erosion by "illegal and motivated" sale of their pledged shares, Anil Ambani-led Reliance Group Saturday said boards of its three listed firms have recommended "all appropriate legal steps" to protect shareholders' value.
Reliance Communications share price plunges 54%; 6 key things to know about Anil Ambani led telco
Mon, Feb 04, 2019
Now, debt-laden Reliance Communications will be handled by NCLT professionals.
RCom plunges to record low after approaching bankruptcy court
Mon, Feb 04, 2019
The stock plunged as much as 54.3 percent to 5.3 rupees apiece on Monday in Mumbai trading. It has shed 19.4 percent so far this year as of Friday`s close.
Anil Ambani led Reliance Communications stock drops by whopping 13%
Wed, Dec 19, 2018
This Anil Ambani led company has tumbled by nearly 13% today - it even touched an intraday low of Rs 13.77 per piece. However, at around 11:12 hours, Reliance Communications was trading at Rs 14.59 per piece down by 7.54% on the index.
Anil Ambani’s Reliance Communication just gave you 15% gains; Know why
Fri, Nov 30, 2018
Such an outburst of love in Anil Ambani’s RCom was due to a good news given by Supreme Court, which meant that the deal with brother Mukesh Ambani’s Reliance Jio Infocomm is soon set to become a reality.
Anil Ambani led Reliance Communications clocks second-quarter profit surge due to one-time gain
Sat, Nov 03, 2018
Anil Ambani led Reliance Communications Ltd posted a sharp rise in its quarterly profit on Saturday, as it recorded a one-time gain.
Anil Ambani led Reliance Communications given last opportunity by SC to pay Rs 550 cr; deadline Dec 15
Tue, Oct 23, 2018
The Supreme Court Tuesday asked Reliance Communication Ltd to clear the dues of Rs 550 crore to telecom equipment maker Ericsson India by December 15, saying that delayed payment would attract an interest of 12 per cent per annum.
Rs 175 crore relief to Anil Ambani; details here
Sat, Oct 13, 2018
The Maharashtra government has ruled that merely changing trustees does not amount to the transition of property rights. The order by the state Revenue Minister Chandrakant Patil is all set to benefit the Kokilaben Ambani Hospital in Andheri, DNA reported today.
Reliance Health Insurance gets final nod from Irdai to start ops
Fri, Oct 05, 2018
Anil Ambani-led Reliance Health Insurance, a wholly owned subsidiary of Reliance Capital, has received final approval from the insurance regulator to start operations.
Reliance Communication gains over 4% after clarification on Ericsson's petition before Supreme Court
Wed, Oct 03, 2018
Reliance Communication's share price surged by 4.27% with an intraday high of Rs 12.44 per piece.
Anil Ambani led Reliance Entertainment denies making payment to Julie Gayet, her firm
Wed, Sep 26, 2018
Refuting what it termed "deeply shocking" allegations of a quid pro quo in the Rafale deal, Reliance Entertainment on Wednesday denied it has made any payment to actress-producer Julie Gayet, partner of the former French President François Hollande.
Anil Ambani led Reliance Power to bid for stressed power projects
Wed, Sep 19, 2018
Reliance Power (RPower) plans to take an inorganic path for growing its business. The company will bid for stressed thermal power projects, take up operation and maintenance (O&M) of troubled power plants and also provide mine development services.
Reliance Communications shares plunge by 10%, Reliance Infra down 5% despite Anil Ambani's big talk
Tue, Sep 18, 2018
Anil Ambani shed some light on debt-laden Reliance Communications, which has been suffering losses for quite a few years now.
Reliance Infrastructure ratings rise as Mumbai power business sale cuts debt
Tue, Sep 04, 2018
RInfra Chairman Anil Ambani had recently said he expects top-end ratings for the company with the closure of the deal for the Mumbai power distribution business and the drastic fall in debt liabilities.
Reliance Infra bags Rs 1,907-cr contract for Nagpur-Mumbai e-way pkg-7
Fri, Aug 31, 2018
The scope of work includes design, engineering, procurement and construction of six-lane expressway and associated structures and project facilities. The work is expected to be completed in 30 months from the appointed date.
Rafale defence deal: Anil Ambani writes to Rahul Gandhi, rubbishes allegations
Thu, Jul 26, 2018
Rubbishing the allegations levelled by Congress president Rahul Gandhi that the joint venture between Dassault and Reliance Defence was okayed by the Centre despite the latter not having any expertise in defence manufacturing, Anil Ambani allegedly wrote a detailed letter to Gandhi explaining the rationale behind the contract.
Anil Ambani writes to Rahul Gandhi on Rafale deal, refutes allegations of lack of experience
Thu, Jul 26, 2018
Invoking his family's "respectful relationship" with the Gandhi family over generations, Ambani said he was "personally saddened" by the "unfortunate statements" against him and his group by several functionaries of the Congress party.