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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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Reliance Industries stock jumps 2.6% over this Reliance Jio booster shot

Reliance Industries stock jumps 2.6% over this Reliance Jio booster shot

Tue, Jul 10, 2018

Reliance Industries share price gained as much as 2.6 per cent to Rs 1022.60 on the BSE. Credit Suisse sees Rs 1180 per share target price on the stock, an upside of 15.39 per cent from today's intraday high level.

Anil Ambani led Reliance Capital makes huge gains from Yatra stake sale

Anil Ambani led Reliance Capital makes huge gains from Yatra stake sale

Mon, Jul 09, 2018

Anil Ambani-led Reliance Group’s flagship Reliance Capital has made multifold gains by selling its three million equity shares in US-listed Yatra Online, India’s second-largest online travel operator.

Reliance Communications gets this Rs 2,000 crore good news

Reliance Communications gets this Rs 2,000 crore good news

Thu, Jul 05, 2018

Apart from the cash payment of Rs 6,600 crore, RCOM had also given this Rs 2,000 crore bank guarantee under protest.

Reliance Communications share price up 19%; hopes ride on Reliance Jio deal now

Reliance Communications share price up 19%; hopes ride on Reliance Jio deal now

Thu, May 31, 2018

NCLAT order clears the way for Anil Ambani-led Reliance Communications to sell its telecom towers, spectrum and fibre assets to Reliance Jio. RJio is owned by Mukesh Ambani, Anil Ambani's elder brother and the richest man in India.

Reliance Communications plans $2.68 billion asset sale to Reliance Jio, Brookfield

Wed, May 30, 2018

Anil Ambani led Reliance Communications (RCom) said on Wednesday it expects to complete its asset sale to Reliance Jio Infocomm and Canada`s Brookfield in coming weeks, after the bankruptcy appeals court halted insolvency proceedings against the debt-laden company.

Reliance Infratel settles dispute with investor; withdraws petition for asset sales

Reliance Infratel settles dispute with investor; withdraws petition for asset sales

Tue, May 29, 2018

Following the development, the Anil Ambani led firm today withdrew its petition from the National Company Law Appellate Tribunal (NCLAT) seeking permission to sell its tower and fibre assets.

Reliance Communications share price jumps 11% ahead of insolvency plea to be heard tomorrow

Reliance Communications share price jumps 11% ahead of insolvency plea to be heard tomorrow

Mon, May 28, 2018

Reliance Communications share price rallied over 11 per cent on Monday after the company informed bourses the NCLAT will hear tomorrow its plea which has challenged NCLT's decision to start insolvency proceedings against it on a petition by Swedish telecom equipment major Ericsson.

Reliance Communications plea against insolvency to be heard by NCLAT tomorrow

Reliance Communications plea against insolvency to be heard by NCLAT tomorrow

Mon, May 28, 2018

The plea of Anil Ambani-run RCom was mentioned today before the bench of the National Company Law Appellate Tribunal (NCLAT), seeking an urgent hearing on the issue. It has directed that the matter be listed for hearing tomorrow.

Reliance Communications share price rockets 96% in 48 hours

Reliance Communications share price rockets 96% in 48 hours

Fri, May 18, 2018

BSE on Thursday sought clarification from RCom with reference to news that RCom, Ericsson have informed NCLT that they are in settlement talks. The company replied saying it "cannot comment on changes in volume and price in the stock markets."

This Reliance firm hit record low today, tanked 70 pct so far in 2018

This Reliance firm hit record low today, tanked 70 pct so far in 2018

Mon, May 14, 2018

The stock of shipbuilding and fabrication firm settled at Rs 14.50, down 13 per cent on the BSE. Reliance Naval stock has lost over 70 per cent this year as of today’s close.

Vijaya Bank tags Reliance Naval as NPA from March quarter

Vijaya Bank tags Reliance Naval as NPA from March quarter

Sun, May 13, 2018

Reliance Naval & Engineering, which was earlier known as Pipavav Defence & Offshore Engineering, was bought over by Anil Ambani group in 2016 and renamed it as Reliance Defence & Engineering. It owes over Rs 9,000 to over two dozen banks mostly state-run, led by the troubled IDBI Bank

Kokila Ambani Hospital fined Rs 175 cr, but here is what minister wants

Kokila Ambani Hospital fined Rs 175 cr, but here is what minister wants

Thu, May 10, 2018

The BJP-led state government is tight-lipped about its decision on fining the Kokilaben Dhirubhai Ambani Hospital, Andheri (West) with Rs 175 crore for commercially exploiting the 14-acre plot given by the state solely for hospital purpose.

Anil Ambani son Anmol Ambani on boards of Reliance Nippon Life, Reliance Home Finance

Anil Ambani son Anmol Ambani on boards of Reliance Nippon Life, Reliance Home Finance

Thu, Apr 26, 2018

Anmol Ambani, the eldest son of Reliance group chairman Anil Ambani, has been appointed on the boards of Reliance Nippon Life Asset Management (RNAM) and Reliance Home Finance (RHF).

Reliance Communications gets NCLAT nod to execute Rs 25,000 cr asset sale; stock up 4%

Reliance Communications gets NCLAT nod to execute Rs 25,000 cr asset sale; stock up 4%

Fri, Apr 06, 2018

Reliance Communications share price rallied over 4 per cent on Friday after Anil Ambani-led telecom firm on Thursday said the National Company Law Appellate Tribunal (NCLAT) has passed an interim order to allow the company to execute its Rs 25,000-crore asset monetisation programme.

Debt-laden Aircel expects things to get even 'more difficult'

Debt-laden Aircel expects things to get even 'more difficult'

Thu, Feb 22, 2018

The telecom firm is likely to file for bankruptcy at the National Company Law Tribunal.

10 years of Reliance Power listing: How Rs 10,000 turned Rs 1,600

10 years of Reliance Power listing: How Rs 10,000 turned Rs 1,600

Sat, Feb 17, 2018

The stock made its debut on the bourses on February 11, 2008, but never went above its issue price till today

Reliance Capital posts Rs 315 crore net profit in Q3

Reliance Capital posts Rs 315 crore net profit in Q3

Thu, Feb 08, 2018

The company said its total income at the end of third quarter stood at Rs 4,771 crore, as against Rs 3,964 crore earned in the corresponding period of the previous year.

Reliance Communications net loss falls to Rs 130 crore in Q3FY18

Reliance Communications net loss falls to Rs 130 crore in Q3FY18

Mon, Jan 29, 2018

RCom had reported net loss of Rs 2,712 crore in the preceding quarter (Q2FY18) and net loss of Rs 484 crore in the corresponding quarter of the previous year (Q3FY17).

RCom says shift to B2B biz not easy; to build a $600-m undersea cable

RCom says shift to B2B biz not easy; to build a $600-m undersea cable

Tue, Jan 16, 2018

RCom' today announced a $600-million investment to build a 68,000-km undersea cable network that will carry data to Europe and Hong Kong from its headquarters in Mumbai

''New'' RCOM to be India's largest B2B business: Anil Ambani

''New'' RCOM to be India's largest B2B business: Anil Ambani

Thu, Jan 04, 2018

The "new" Reliance Communications (RCOM) will be "capex light" and emerge as India`s largest B2B (business-to-business) entity that is "focussed on the global and enterprise business", according to Reliance Group Chairman Anil Ambani.

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