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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 Infra's net profit rises by 7% to Rs 439 crore

Reliance Infra's net profit rises by 7% to Rs 439 crore

Tue, Sep 13, 2016

Anil Ambani-backed Reliance Infrastructure reported consolidated net profit of Rs 438.80 crore for the June quarter ended 2016 (Q1FY17), registering a rise of 7.21% from Rs 409.27 crore in the similar quarter of the previous year.

Reliance Power's net profit rises by 12% to Rs 340 crore

Reliance Power's net profit rises by 12% to Rs 340 crore

Mon, Sep 12, 2016

Anil Ambani's Reliance Power reported consolidated net profit of Rs 340.49 crore for the June quarter ended 2016 (Q1FY17), a rise of 12.51% from Rs 302.64 crore in the similar period of the previous year.

RCom announces 300 mins app-to-app 4G calling at Re 1

RCom announces 300 mins app-to-app 4G calling at Re 1

Tue, Aug 30, 2016

Ahead of the impending launch of Reliance Jio's 4G services, rival Reliance Communications (RCom) on Tuesday announced app-to-app 4G calling at Re 1.

Anil Ambani's elder son Anmol joins board of Reliance Capital

Anil Ambani's elder son Anmol joins board of Reliance Capital

Wed, Aug 24, 2016

Billionaire Anil Ambani's elder son Anmol Ambani on Tuesday joined the board of Reliance Capital as an additional director after two years of training. Anmol, 24, has been working in various financial services businesses within Reliance Capital since 2014.

Birla Corp shares fall 3% after Reliance Cement acquisition

Birla Corp shares fall 3% after Reliance Cement acquisition

Tue, Aug 23, 2016

"Birla Corp's expansion potential will also be significantly enhanced by valuable mineral concessions in several states, in addition to Madhya Pradesh," the company said in a statement about the deal.

Delhi Govt summons Anil Ambani; says power cuts must stop

Delhi Govt summons Anil Ambani; says power cuts must stop

Mon, Jun 20, 2016

Power Minister of Delhi Satyendar Jain has written a letter to the Reliance ADA Group’s chairman Anil Ambani terming the performance of BSES as “atrocious”. In the letter, Jain alleged corruption and financial irregularities including siphoning off funds by the company.

Essar Group phone tapping case: Complaint against company forwarded to Home Ministry

Essar Group phone tapping case: Complaint against company forwarded to Home Ministry

Sun, Jun 19, 2016

A spokesperson for Anil Ambani-led group said they were "shocked" to see the reports about the so-called tapes.

"Shocked" at illegal phone tapping reports; authorities to fully probe the matter: Reliance

"Shocked" at illegal phone tapping reports; authorities to fully probe the matter: Reliance

Sat, Jun 18, 2016

"The authorities to fully investigate these allegations of illegal phone tapping by highly irresponsible and criminally minded persons", said the company in a statement.

Reliance Communications Q4 net profit falls 22%

Reliance Communications Q4 net profit falls 22%

Mon, May 30, 2016

RCom also signed a non-binding pact in December to sell its mobile phone masts business to a group of companies led by buyout firm TPG Capital Management LP.

Reliance Power Q4 net profit up 16% to Rs 320 crore

Reliance Power Q4 net profit up 16% to Rs 320 crore

Fri, May 27, 2016

The company said that the net profit increased on account of higher power generation in 2015-16.

DoT approves RJio, RCom's 4G spectrum sharing deal in 9 circles

DoT approves RJio, RCom's 4G spectrum sharing deal in 9 circles

Fri, Apr 22, 2016

The spectrum sharing deal will allow Anil Ambani-led RCom and Mukesh Ambani's RJio to offer 4G services on 10 MHz block in 800 Mhz band.

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