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Anil Ambani

Anil Ambani-led group sets up Reliance Group Corporate Centre under Vision 2030

Anil Ambani-led group sets up Reliance Group Corporate Centre under Vision 2030

Sun, Nov 17, 2024

Reliance Group, led by top businessman Anil Ambani, has launched its Reliance Group Corporate Centre (RGCC). RGCC will serve as a strategic hub that will provide guidance to its companies as they pursue new opportunities and technological advancements.

Reliance Power subsidiary prepays Rs 485 crore debt owed to Singapore-based Varde Partners, becomes zero-debt company

Reliance Power subsidiary prepays Rs 485 crore debt owed to Singapore-based Varde Partners, becomes zero-debt company

Wed, Nov 06, 2024

Rosa Power Supply Company Ltd (Rosa Power), a subsidiary of Reliance Power, has prepaid a Rs 485 crore loan to Singapore-based lender Varde Partners.

Reliance Infra to set up integrated project for manufacturing explosives, ammunition, small arms

Reliance Infra to set up integrated project for manufacturing explosives, ammunition, small arms

Tue, Oct 22, 2024

Reliance Infrastructure, part of the Reliance Group led by top businessman Anil Ambani, has been allotted 1,000 acres of land in Watad Industrial Area in Ratnagiri to develop Dhirubhai Ambani Defence City (DADC).

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Regulator CERC allows Reliance Infrastructure firms BSES discoms to exit PPAs with NTPC Dadri-I power plant

Regulator CERC allows Reliance Infrastructure firms BSES discoms to exit PPAs with NTPC Dadri-I power plant

Mon, Jul 05, 2021

Power regulator Central Electricity Regulatory Authority has allowed Reliance Infrastructure firms BSES Yamuna Power and BSES Rajdhani Power to exit power purchase agreements with NTPC Dadri-I power plant, which completed 25 years of service on November 30 last year.

Reliance Power to reduce US EXIM Bank debt of Rs 1500 Cr: Sources

Reliance Power to reduce US EXIM Bank debt of Rs 1500 Cr: Sources

Mon, Jun 28, 2021

Reliance Power is expected to reduce another burden of Rs 1500 Cr by July end. As per sources export of equipment from Reliance Power’s Samalkot project are underway and the transplant is expected to be completed by end of July 2021. The company has sold the Module 1 equipment to the gas-based project jointly being developed by it along with JERA of Japan in Bangladesh

Authum Infra selected as successful bidder for Reliance Home Finance (RHF) lenders - Check MAJOR HIGHLIGHTS of the plan

Authum Infra selected as successful bidder for Reliance Home Finance (RHF) lenders - Check MAJOR HIGHLIGHTS of the plan

Sun, Jun 20, 2021

AUTHUM’S PLAN SELECTED BASIS - HIGHEST NPV OF 2900 CRORE, EASE OF IMPLEMENTATION AND AUTHUM’S ABILITY TO MEET ITS COMMITMENTS.

Anil Ambani-led Reliance Group market capitalisation surges 1000% to nearly Rs 8,000 crore

Anil Ambani-led Reliance Group market capitalisation surges 1000% to nearly Rs 8,000 crore

Sun, Jun 20, 2021

The market capitalisation of Anil Ambani-led Reliance Group has surged by over 1000% in less than 3 months

Why Anil Ambani Group shares—Reliance Infra, Reliance Capital, Reliance Power, RHFL — are rising? | All you need to know

Why Anil Ambani Group shares—Reliance Infra, Reliance Capital, Reliance Power, RHFL — are rising? | All you need to know

Sat, Jun 19, 2021

Anil Dhirubhai Ambani Group or ADAG group shares: The shares of Anil Dhirubhai Ambani Group or ADAG group have been performing exceptionally well for the past few months.

BIG DEVELOPMENT! Authum places highest bid value of Rs 2,887 cr for Reliance Home Finance (RHF) acquisition

BIG DEVELOPMENT! Authum places highest bid value of Rs 2,887 cr for Reliance Home Finance (RHF) acquisition

Tue, Jun 15, 2021

Authum is a domestic NBFC with around 15 years of presence and over Rs 1500 crore networth as on 31 Dec 2021.

THIS IS HOW Reliance Power consolidated debt will be reduced by Rs 3.2k cr in FY22 - HIGHLIGHTS of what happened at board meeting

THIS IS HOW Reliance Power consolidated debt will be reduced by Rs 3.2k cr in FY22 - HIGHLIGHTS of what happened at board meeting

Sun, Jun 13, 2021

In a major development, the Board of Directors of Reliance Power Limited at its meeting held today i.e. 13th June 2021 has approved Preferential Issue of upto 59.5 Crore equity shares and upto 73 Crore warrants convertible into equivalent number of equity shares of the Company at an Issue Price of Rs. 10 each by conversion of debt, aggregating upto Rs.1 ,325 Crore to Reliance Infrastructure Limited, a listed promoter company.

Reliance Capital arm Reliance Commercial Finance into final stages of Rs 9,017 cr debt resolution; voting likely to be over by this date

Reliance Capital arm Reliance Commercial Finance into final stages of Rs 9,017 cr debt resolution; voting likely to be over by this date

Thu, Jun 10, 2021

Reliance Commercial Finance Limited (RCF) – a 100 per cent subsidiary of Reliance Capital Limited (RCAP) is into its final stages of debt resolution, Zee Business’ Brajesh Kumar Mishra reported citing his sources. RCF has a debt of Rs 9,017 cr

Q4FY19 results: Reliance Power posts Rs 3,558 cr net loss

Q4FY19 results: Reliance Power posts Rs 3,558 cr net loss

Mon, Jun 10, 2019

Anil Ambani Group firm Reliance Power Sunday reported a net loss of Rs 3,558.51 crore for the quarter ended March 31, as against a net profit of Rs 189.21 crore in the year-ago period.

Property brokerage firm Square Yards' FY19 revenue up 38% at Rs 220 cr

Property brokerage firm Square Yards' FY19 revenue up 38% at Rs 220 cr

Fri, May 03, 2019

On operational front, the company concluded 11,508 transactions, including housing sales and home loans, during the last financial year, slightly better than the 11,299 deals in the previous year. In value terms, it did transactions worth nearly Rs 5,000 crore as against Rs 4,302 crore in the 2017-18 fiscal.

Reliance Capital to cut debt by Rs 10,000 to Rs12 crore by monetising stakes in group companies, non-core investments

Reliance Capital to cut debt by Rs 10,000 to Rs12 crore by monetising stakes in group companies, non-core investments

Thu, Mar 07, 2019

The completion of these transactions would be a major step forward in Reliance Capital`s deleveraging strategy, it said. Reliance Capital said its 43 per cent stake in RNAM is currently valued at over Rs 5,000 crore and the sale of controlling interests will be at a significant premium to the market.

For first time, Mukesh Ambani enters this prestigious global rich club; Check full list here

For first time, Mukesh Ambani enters this prestigious global rich club; Check full list here

Wed, Feb 27, 2019

Reliance Industries chief Mukesh Ambani has broken into the top 10 richest list globally with a net worth of $54 billion, while the fortunes of his younger brother Anil Ambani have done a U-turn, having lost over 65 percent of his net worth, according to a new report.

Reliance Capital invites Nippon Life to acquire its stake in asset management JV

Reliance Capital invites Nippon Life to acquire its stake in asset management JV

Thu, Feb 21, 2019

"Reliance Capital Ltd has invited its partner, Nippon Life Insurance Co Ltd to make an offer to acquire up to 42.88 per cent stake held by Reliance Capital in Reliance Nippon Life Asset Management Ltd," Reliance Capital said in a regulatory filing.

Rcom Chairman Anil Ambani found guilty by SC in Ericsson default case

Rcom Chairman Anil Ambani found guilty by SC in Ericsson default case

Wed, Feb 20, 2019

India’s Supreme Court on Wednesday found Anil Ambani, chairman of debt-laden Reliance Communications (RCom), guilty of contempt of court for wilfully failing to pay 5.5 billion rupees ($77.29 million) to telecom equipment maker Ericsson. The court ordered the billionaire and two RCom directors to pay 4.5 billion rupees to Ericsson within four weeks or risk a three-month jail term, according to a ruling from a two-member bench headed by Supreme Court judge Rohinton Fali Nariman. The RCom had previously deposited more than 1 billion rupees with the court. In a statement, the Indian telco said it respected the ruling and “shall comply with the same”.

Rcom Chairman Anil Ambani found guilty by SC in Ericsson default case: 5 things to know

Rcom Chairman Anil Ambani found guilty by SC in Ericsson default case: 5 things to know

Wed, Feb 20, 2019

India’s Supreme Court on Wednesday found Anil Ambani, chairman of debt-laden Reliance Communications (RCom), guilty of contempt of court for wilfully failing to pay 5.5 billion rupees ($77.29 million) to telecom equipment maker Ericsson.

SC directs RCOM to pay Ericsson Rs 550 cr with interest

SC directs RCOM to pay Ericsson Rs 550 cr with interest

Wed, Feb 20, 2019

The court also imposed a fine of Rs 1 crore each on RCOM, Reliance Telecommunication and Reliance Infratel that would be deposited with the Supreme Court Legal Services Committee (SCLSC).

Supreme Court holds Anil Ambani guilty of contempt; may go to jail

Supreme Court holds Anil Ambani guilty of contempt; may go to jail

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.

SC holds Anil Ambani, others guilty of contempt of court for wilfully not paying dues to Ericsson

SC holds Anil Ambani, others guilty of contempt of court for wilfully not paying dues to Ericsson

Wed, Feb 20, 2019

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.

Big relief for Anil Ambani, lenders agree not to sell pledged shares till September

Big relief for Anil Ambani, lenders agree not to sell pledged shares till September

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.

Reliance Power asks Sebi to immediately ban Edelweiss from capital markets

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.

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