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Anil Ambani

Anil Ambani's wife Tina appears before ED in FEMA case

Anil Ambani's wife Tina appears before ED in FEMA case

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.

Temporary stay on show-cause notice to Anil Ambani under Black Money Act to continue: Bombay HC

Temporary stay on show-cause notice to Anil Ambani under Black Money Act to continue: Bombay HC

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.

Reliance Capital's lenders decide to propose their own plan to bidders

Reliance Capital's lenders decide to propose their own plan to bidders

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.

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CCI approves RCom's demerger of tower division

CCI approves RCom's demerger of tower division

Thu, Mar 23, 2017

RCom said, “CCI has approved the proposed transaction involving the sale of the tower division of Reliance Infratel Limited, a subsidiary of RCom, which is to be carried out pursuant to a demerger of the tower division to Towercom Infrastructure Private Limited (Towerco)."

Reliance Industries' Mukesh Ambani tops Indian billionaire list in Forbes survey; see full list

Reliance Industries' Mukesh Ambani tops Indian billionaire list in Forbes survey; see full list

Tue, Mar 21, 2017

Reliance Industries' chairman and MD Mukesh Ambani has topped the list of Indian billionaires featured in Forbes recent survey titled 'The World's Billionaires' with global ranking of 33 and networth of $23.2 billion, find out names of other Indians in the list.

After Sebi, now CCI gives nod to RCom-Aircel merger

After Sebi, now CCI gives nod to RCom-Aircel merger

Mon, Mar 20, 2017

RCom said, “The company has received an approval of the CCI for the proposed scheme of arrangement for demerger of wireless division of Rcom into Aircel Limited and Dishnet Wireless Limited (the scheme).”

RCap eyes 'huge gains' from Sula, Grover Vineyards stake sale

RCap eyes 'huge gains' from Sula, Grover Vineyards stake sale

Sun, Mar 19, 2017

Analysts quoted Ambani as having said that the two names -- Sula and Grover Vineyards -- stand out in the list.

SEBI approves Reliance Communications-Aircel deal; stock gains

SEBI approves Reliance Communications-Aircel deal; stock gains

Wed, Mar 15, 2017

In a BSE filing RCom said, "The company has received approval of the Securities and Exchange Board of India (SEBI), BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) for the proposed Scheme of Arrangement for demerger of the Wireless division of the Company into Aircel Limited and Dishnet Wireless Limited (the Scheme). "

Reliance Infra expects defence to become its leading business vertical

Reliance Infra expects defence to become its leading business vertical

Tue, Feb 28, 2017

Reliance Infra said, “The company is committed to develop a robust defence business contributing significantly to the national security and to be self-reliant in defence segment. It is confident in becoming one of the leading defence companies in India.”

Anil Ambani to spell out defence biz plans

Anil Ambani to spell out defence biz plans

Sun, Feb 26, 2017

The group officials said Ambani, the group Chairman, will himself interact with the analysts on the defence business and brief them about its future plans and how the defence business is going to be the main growth driver for the group in the years to come.

5 major telcos optimum for Indian market: Telecom Secretary

5 major telcos optimum for Indian market: Telecom Secretary

Sun, Feb 26, 2017

Telecom Secretary's comments assume significance as India -- the world's second largest mobile services market after China -- is in the midst of massive consolidation with incumbent operators joining forces to take on aggressive newcomer Reliance Jio.

Competition Commission of India approves Reliance Infrastructure and Dassault Aviation's joint venture

Competition Commission of India approves Reliance Infrastructure and Dassault Aviation's joint venture

Mon, Feb 06, 2017

This deal is considered as key in execution of offset obligations, as a part of the 36 Rafale fighter Jets purchase agreement worth €7.87 billion, or about Rs.59,000 crore, signed between France and India on September 23, 2016.

Reliance Group bags Rs 916 crore contract from Indian Coast Guard

Reliance Group bags Rs 916 crore contract from Indian Coast Guard

Mon, Jan 30, 2017

Industrialist Anil Ambani-led Reliance Defence and Engineering on Monday said it has signed a contract with the Ministry of Defence for the design and construction of 14 Fast Patrol Vessels for the Indian Coast Guard valued at Rs 916 crore, the company said on Monday.

Credit outlook under pressure if RCom doesn't reduce debt soon: Moody's

Credit outlook under pressure if RCom doesn't reduce debt soon: Moody's

Thu, Jan 26, 2017

Annalisa Di Chiara a Moody's Vice President and Senior Credit Officer said,”The downgrade primarily reflects our expectation that RCom's leverage, as measured by consolidated debt/EBITDA (including Moody's adjustment for spectrum liabilities) will remain above 7x over the next 6-9 months while the company pursues regulatory, shareholder and debt holder approvals for its announced restructuring, including the de-merger of its wireless business and sale of its tower assets.”

Reliance Communications ratings under review for downgrade despite Brookfield deal, Moody's; shares flat

Reliance Communications ratings under review for downgrade despite Brookfield deal, Moody's; shares flat

Thu, Dec 22, 2016

Moody feels there is still lack of clarity on the cash flow generating capabilities of some of Rcom's remaining businesses, as the resulting leverage or cash flow positions following its restructuring can only be estimated within wide bounds.

Debt servicing: Reliance Communications sells tower business to Brookfield Infra for Rs 11,000 crore

Debt servicing: Reliance Communications sells tower business to Brookfield Infra for Rs 11,000 crore

Wed, Dec 21, 2016

KEY HIGHLIGHTS: RELIANCE COMMUNICATIONS SIGNS BINDING AGREEMENTS WITH BROOKFIELD INFRASTRUCTURE AND ITS INSTITUTIONAL PARTNERS FOR SALE OF ITS TOWERS BUSINESS

Reliance Infrastructure gets Sebi nod to launch infrastructure investment trust

Reliance Infrastructure gets Sebi nod to launch infrastructure investment trust

Sat, Nov 26, 2016

Reliance Infrastructure on Friday said it has received capital market regulator Sebi's clearance to launch an infrastructure investment trust (InvIT).

Reliance Industries, GE form global partnership for $25 billion industrial IoT biz

Reliance Industries, GE form global partnership for $25 billion industrial IoT biz

Thu, Nov 17, 2016

Predix is operating system from GE used for the Industrial Internet.

Rafale deal the best India could have got: Defence Ministry

Rafale deal the best India could have got: Defence Ministry

Sun, Oct 23, 2016

"Rafale is the best deal that we have managed. It was because Prime Minister of India and President of France agreed that we have this deal which has not been offered to any other country," Parrikar had said, countering allegations by Swaraj Abhiyan that New Delhi paid double the price for the aircraft.

Spectrum Auction: RJio acquires 269 Mhz for nearly Rs 13,700 crore

Spectrum Auction: RJio acquires 269 Mhz for nearly Rs 13,700 crore

Fri, Oct 07, 2016

The company renewed its expiring spectrum in 800 MHz band in Gujarat circle.

Reliance Infra to sell its transmission business to Adani

Reliance Infra to sell its transmission business to Adani

Wed, Oct 05, 2016

Gautam Adani, Chairman of Adani Group, said “With this acquisition, ATL will enjoy substantial benefit of scale driving and is in sync with the deep-rooted strategy of ATL to enhance the value for the stakeholders through both organic as well as inorganic growth.”

Virtual merger of Reliance Jio and Reliance Communication

Virtual merger of Reliance Jio and Reliance Communication

Tue, Sep 27, 2016

Virtual merger of Reliance Jio and Reliance Communication. Watch this special segment and get to know more here.

Updates from AGM of Anil Ambani Group

Updates from AGM of Anil Ambani Group

Tue, Sep 27, 2016

Updates from AGM of Anil Ambani Group. Watch this special segment and get to know more here.

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