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4 mins read
Three Anil Ambani companies have reportedly been accused of fraud by banks — the amount at stake is nearly ten times more than what Mallya owed
India’s infamous fallen billionaire, Anil Ambani, may have claimed that his ‘net worth is zero’ b…
1 min read
The rise and fall of Anil Ambani’s Reliance Communications
Long before Reliance Jio, around the time when millennials were mere children, Reliance Infocomm ha…
2 mins read
Mukesh Ambani may now have a reason to buy Anil Ambani's bankrupt RCom, say reports
This March, Reliance Industries had to go back on its plans to buy Reliance Communications d…
2 mins read
Two Anil Ambani Group stocks — which were trading for less than ₹1 — are buzzing again
The share prices of Anil Ambani’s Reliance Communication and Reliance Naval and Engineering (RNEL…
1 min read
RCom's lenders are close to resolve the unpaid loans; to recover ₹23,000 crore
"SBI board has approved resolution plan for RCom. It is expected to vote favourably for the RC…
PTI
3 mins read
Airtel, Vodafone and Tatas are expected to cough up spectrum dues on Monday
"Airtel, Vodafone Idea and Tata Teleservices have said that they will make payments on Monday. …
PTI
1 min read
Anil Ambani's journey from $42 billion net worth to claiming poverty
This is despite the fact that he owns a fleet of cars, a jet, a helicopter and a yacht. However,…
1 min read
RCom lenders might recover just a fourth of their loans after asset sale
The others who bid include UV Asset Reconstruction and US-based equity fund Varde Partners. …
1 min read
Bharti Airtel treads where Reliance Jio is measuring its steps – RCom’s assets
However, many expected his brother Mukesh Ambani’s Reliance Jio to bid for the spectrum, fii…
4 mins read
As Reliance Jio turns three, another telecom venture of Mukesh Ambani is counting down to its end
It's been three years since Mukesh Ambani launched Jio, a business that is close to his heart. More…
1 min read
Anil Ambani gets a sigh of relief as NCLAT dismisses a contempt plea against him
A minor shareholder HSBC Daisy Investments had moved the court for Ambani’s Reliance Infratel’s …
1 min read
RCom’s lenders will ask Ericsson to pay back ₹580 crore, says report
According to sources, the payment made to Ericsson comes under ‘preferential transaction’ under …
2 mins read
Anil Ambani wants RBI to play Big Brother to ‘gasping’ NBFCs
After the IL&FS crisis, few banks are lending to the NBFC sector as they have turned risk …
2 mins read
The creditors of Anil Ambani’s cash-strapped Reliance Communications are finally making it undergo bankruptcy proceedings
RCom owes around 31 creditors - mainly the State Bank of India - around ₹500 billion. The ca…
2 mins read
Anil Ambani’s woes get compounded with a series of downgrades for three Reliance Group subsidiaries
The debt instruments of Reliance Home Finance (RHFL) and Reliance Commercial Finance (RCFL) ha…
1 min read
Ericsson may have to repay its entire settlement with interest if Anil Ambani’s company is sent for liquidation
Hearing the RCom-Ericsson case, a judicial bench at the National Company Law Appellate Tribunal …
5 mins read
15 deals have given Mukesh Ambani’s ₹8.5 trillion Reliance Industries a distinct makeover
Of the 26, 15 deals have contributed the most both in terms of deal value as well as in redefini…
2 mins read
Supreme Court holds Anil Ambani companies guilty of contempt
The order laid down a deadline of four weeks to make a payment of ₹4.53 billion , failing which…