Tag: Reliance Group

Reliance Group meets Rs 35k cr-debt service obligation

Ambani 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, 2019

Anil Ambani’s Reliance to withdraw Rs 5,000 cr defamation suit against Congress, Herald

In 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, 2019

Pay up Rs 453 Cr to Ericsson India in 4 weeks or go to jail: SC holds Anil Ambani guilty of contempt

The other two directors who were found guilty by the court are Reliance Telecom chairman Satish Seth and Reliance Infratel chairperson Chhaya Virani.

February 20, 2019

A tort for the day

There 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, 2018

Credibility test

Provided 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. …

Continue reading "Credibility test"

August 24, 2018

Anil Ambani writes to Rahul on Rafale deal, says party has been misinformed, misled

The 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, 2018

Anil Ambani writes to Rahul Gandhi, explains why Reliance got Rafale contract

He 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, 2018

Anand Natarajan joins Reliance Capital as COO

Reliance 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, 2018

AAP MP Sanjay Singh gets Rs 5,000 crore defamation notice

Aam 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, 2018

Reliance Home Finance debuts at Rs 107 on NSE

Housing 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