Tue, Jul 04, 2023
Anil Ambani's alleged links to some offshore companies based in Jersey, British Virgin Islands and Cyprus are under the probe scanner of the ED.
Wed, Apr 05, 2023
The court then granted an interim stay to the demand notice too. On Wednesday, when the petition came up for hearing, advocate Akhileshwar Sharma, appearing for the IT department, sought two weeks to file a "comprehensive affidavit" in response to the amended petition.
Wed, Apr 13, 2022
Amid a standoff over the bidding process for debt-ridden Reliance Capital Ltd (RCL) and its subsidiaries, lenders have rejected the concerns raised by the RBI-appointed administrator and have decided to go ahead with their own proposal, an unprecedented development under the insolvency proceedings, sources said.
Wed, Feb 20, 2019
In a huge blow to Reliance Communications chairman Anil Ambani, the Supreme Court held the RCom boss guilty of contempt, ruling that the embattled telco should pay Ericsson Rs 450 crore within four weeks.
A bench comprising of Justices RF Nariman and Vineet Saran said if the contemnor failed to make the payments within the specified period, they will undergo a jail term of three months.
Mon, Feb 18, 2019
This segment of Zee Business brings to you latest on Anil Ambani who has got big relief after a 'standstill agreement' with banks in which lenders agree not to sell pledged shares till September. Watch full video to know more.
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.
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.
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.
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.
Mon, Feb 04, 2019
Now, debt-laden Reliance Communications will be handled by NCLT professionals.
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.
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.
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.
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.
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.
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.
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.
Wed, Oct 03, 2018
Reliance Communication's share price surged by 4.27% with an intraday high of Rs 12.44 per piece.
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.
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.
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.
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.
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