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Anil Ambani

File photo of Reliance Group chairman Anil Ambani.

No Coercive Action Till November 17 Against Anil Ambani On Notice Under Black Money Act: Court

The I-T department had issued the notice to Ambani on August 8, 2022 for allegedly evading Rs 420 crore in taxes on undisclosed funds worth more than Rs 814 crore held in two Swiss bank accounts

26 September 2022

IndusInd, Oaktree Capital, 2 Other Entities Submit Bids For Reliance Capital

These bids are in the range of Rs 4,000 crore for the company, which has eight different business verticals, the sources said


Deadline To Submit Reliance Capital Resolution Plans Extended Till June 30

Reliance Capital has eight businesses that are on the block. These include general insurance, life insurance, health insurance, securities business and asset reconstruction, among others


Reliance Infra Files Rs 13,400-Crore Claim Against Adani Transmission

Reliance Infrastructure said the arbitration claim, filed before the Mumbai Centre for International Arbitration (MCIA), is over what is described as the breach of terms of its December 2017 share purchase agreement with...

12 September 2022

Ambani Vs Adani At 5G Auction But No Direct Market Clash Yet

But the rivalry between the two politically well-connected Gujarati businessmen will not yet see a full-blown market clash despite overlaps


Reliance Capital Likely To Share Resolution Plan With Lenders On April 27

RCL had offered two options to all the bidders. Under the first option, companies could bid for Reliance Capital, including its eight subsidiaries or clusters. The second option gave the company freedom to bid for its...

24 April 2022

Reliance Power, Its Subsidiary To Raise Debt Of Up To Rs 1,200 Crore From Varde Partners

Varde Partners is a leading global alternative investment firm specializing in credit and credit-related assets

05 September 2022

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Lenders Of Reliance Capital Decide To Propose Their Own Plan To Bidders

Multiple bidders for subsidiaries under the second option will be forced to form a consortium amongst themselves and bid for RCL as a company.

13 April 2022

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10 April 2022
Differences Emerge Between Anil Ambani's Reliance Capital, Lenders Over Resolution Plan

Differences Emerge Between Anil Ambani's Reliance Capital, Lenders Over Resolution Plan

Key clusters of RCL are Reliance General Insurance, Reliance Health Insurance, Reliance Nippon Life Insurance, Reliance Asset Reconstruction, and Reliance...


27 March 2022
Adani Group, Tata AIG, ICICI Lombard Bid For Anil Ambani's Reliance Capital

Adani Group, Tata AIG, ICICI Lombard Bid For Anil Ambani's Reliance Capital

The last date for submission of bids for the debt-ridden firm had been extended to March 25 from March 11 earlier by the Reserve Bank-appointed administrator.


26 March 2022
Anil Ambani Resigns As Director Of Reliance Power, Reliance Infra

Anil Ambani Resigns As Director Of Reliance Power, Reliance Infra

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


17 February 2022
Reliance Capital Says Can't Ascertain Financial Implication Of Sebi Order Against Anil Ambani

Reliance Capital Says Can't Ascertain Financial Implication Of Sebi Order Against Anil Ambani

Capital markets regulator Sebi had on February 11 issued an interim order cum showcause notice against Ambani and Amit Bapna, ex-chief financial officer of the...


12 February 2022
Sebi Bars Anil Ambani, Reliance Home Finance And Others From Securities Market

Sebi Bars Anil Ambani, Reliance Home Finance And Others From Securities Market

The  amount of loans disbursed by RHFL under General Purpose Corporate Loans (GPC loans) increased exponentially from around Rs 900 crore as on March 31, 2018...


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03 December 2021
SC Rejects Review Plea Of Upholding Arbitral Award To Anil Ambani Group Firm

SC Rejects Review Plea Of Upholding Arbitral Award To Anil Ambani Group Firm

The apex court on September 9 had upheld the 2017 arbitration award enforceable against DMRC and said there was a disturbing tendency of courts setting aside...


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