Reliance Group partners with Bhutan for major solar and hydropower projects
Thimphu: Reliance Group announced a strategic collaboration with the government of Bhutan to develop large-scale solar and hydropower projects.
Anil Ambani's Reliance Infrastructure to get equity infusion of Rs 1,100 cr from promoters
Mumbai: Anil Ambani's Reliance Infrastructure is set to receive an equity infusion of Rs 1,100 crore from its promoters and Rs 1,910 crore from two investment firms based in Mumbai, according to a stock exchange filing on Friday.
Anil Ambani led Reliance Infrastructure to raise Rs 6,000 cr via share sale
Mumbai: Reliance Infrastructure Ltd, led by Anil Ambani, announced plans to raise up to Rs 6,014 crore through the sale of shares and convertible warrants on Thursday.
Reliance Power settles Rs 3,872 crore in obligations, achieves debt-free tag
Mumbai/IBNS: Shares of Reliance Power Ltd surged by 5 percent on Wednesday (Sept. 18) after the company announced that it had fully settled its Rs 3,872 crore obligation as a guarantor for Vidarbha Industries Power (VIPL), reports Moneycontrol.
Anil Ambani reviewing legal options against SEBI order: Statement
Mumbai/IBNS: Reliance Group chairman and managing director Anil Ambani, who has been banned by the Securities and Exchange Board of India (SEBI) from accessing the securities market for five years on fund diversion charges, is reviewing legal options, his spokesperson said on Sunday (Aug 25).
SEBI imposes 5-year ban on Anil Ambani, 24 others from participating in securities market
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) — the regulatory body for securities and commodity market in the country — has imposed a five-year ban on industrialist and Reliance Group's managing director (MD) Anil Ambani and 24 other parties, including former senior executives of Reliance Home Finance, from participating in the securities market.
Gautam Adani considering bidding for Anil Ambani's coal-fired power plants under auction: Report
New Delhi: Billionaire Gautam Adani is contemplating a bid for the coal-fired power plants owned by Anil Ambani, who is facing financial difficulties, Bloomberg reported.
Anil Ambani questioned by ED in FEMA violation case
Mumbai: Reliance ADA Group Chairman Anil Ambani appeared before the Enforcement Directorate (ED) in Mumbai on Monday, media reports said.
Reliance Jio gets NCLT's nod to acquire Reliance Infratel
Mumbai/IBNS: Reliance Jio Monday secured approval of the National Company Law Tribunal (NCLT) to acquire debt-laden Reliance Infratel in a bankruptcy resolution that lingered for two years, media reports said.
Anil Ambani arrives in Jammu and Kashmir
Srinagar: Anil Ambani, Chairman of Reliance Group, along with his family arrived in Kashmir on Friday.
Mumbai/IBNS: In a setback for Anil Ambani, the bank accounts for Reliance Communication, Reliance Telecom and Reliance Infratel, all owned by the financially-beleaguered businessman, have been declared "fraud" by the State Bank of India, the High Court was informed, said media reports.
State Bank of India initiates steps to recover $158 million from Anil Ambani
Mumbai/IBNS: State Bank of India is taking steps to recover the two guarantees furnished by former billionaire Anil Ambani, which according to a news report is worth over $158 million, according to news reports.
Loan default case: Anil Ambani tells court that his net worth is 'zero'
London/IBNS: Anil Ambani, the brother of one of the world's richest persons, Mukesh Ambani, has said his net worth now is zero.
Reliance Infra appoints Anil Ambani’s sons Anshul and Anmol Ambani as directors
Mumbai, Oct 10 (UNI) The Anil Ambani-led Reliance Group Reliance Infrastructure (RInfra) has appointed Anmol and Anshul as directors on the board of the company.
Mukesh Ambani saves brother Anil from jail by paying up Ericsson dues
Mumbai, Mar 19 (IBNS): After years of strenuous relationship, businessman Mukesh Ambani helped his brother Anil Ambani to pay up dues to Ericsson, saving the latter from going to jail, media reports said.