Ambani's group companies are stated to have taken loans of about Rs 12,800 crore from the bank that turned NPA.
March 16, 2020Ambani told the media that the debt servicing payments of over Rs 35,000 crore have necessarily had to be made almost entirely from asset monetisation and operational cash flows.
June 11, 2019In its defamation suits, the company had stated that the defendants had made libellous and derogatory statements against the Reliance Group and its chairman Anil Ambani over the Rafale deal.
May 22, 2019The other two directors who were found guilty by the court are Reliance Telecom chairman Satish Seth and Reliance Infratel chairperson Chhaya Virani.
February 20, 2019There are three aspects to the cases instituted by the Reliance Anil Ambani group against various media houses and individuals seeking damages of between Rs 5,000 and Rs 10,000 crore that merit comment. First, the Reliance ADA group is a not infrequent litigator, indeed comes close to being termed a chronic one, having in the …
Continue reading "A tort for the day"
October 26, 2018Provided that none of the entities chicken out, and matters are taken to their logical conclusion, the legal notices sent to 11 spokespersons of the Congress party by the Anil Ambani-led Reliance Group (defence) could develop into a test case of business houses taking on politicians. Curiously, Rahul Gandhi is not among the “accused” 11. …
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August 24, 2018The release said that all the 36 fighter jets are to be 100 per cent manufactured in France and exported from France to India.
August 20, 2018He said Reliance Defence has the largest shipyard in the private sector at Pipavav in Gujarat and is currently building five Naval Offshore Patrol Vessels (NOPVs) for the Indian Navy and 14 Fast Patrol Vessels for the Indian Coast Guard.
July 26, 2018Reliance Capital, a part of Reliance Group, on Wednesday announced the appointment of Anand Natarajan as the Chief Operating Officer. Natarajan will work closely with Anmol Ambani, Executive Director, in ensuring the smooth functioning of the group’s operations, develop synergies across businesses and drive performance, the company said in a statement. He has three decades …
Continue reading "Anand Natarajan joins Reliance Capital as COO"
March 7, 2018Aam Aadmi Party (AAP) Rajya Sabha member Sanjay Singh has been slapped with a Rs 5,000 crore defamation notice for making “false, distorted and malicious insinuations” against the Reliance Group. The notice by the Reliance Group of companies sent to the AAP leader refers to Singh’s February 13 press briefing in which he had raised …
Continue reading "AAP MP Sanjay Singh gets Rs 5,000 crore defamation notice"
February 16, 2018Housing finance company Reliance Home Finance Ltd (RHFL) — part of Anil D Ambani-led Reliance Group — on Friday debuted on the NSE at Rs 107.20. Tina Ambani, wife of Anil Ambani, rang the bell signaling the listing of RHFL on the NSE. Anil Ambani, Chairman, Reliance Group of Companies was also present at the …
Continue reading "Reliance Home Finance debuts at Rs 107 on NSE"
September 22, 2017