Anil Ambani: News
12 Feb 2019
Supreme Court Of IndiaSC to hear Ericsson's plea against Anil Ambani tomorrow
The Supreme Court today adjourned for tomorrow the hearing on a contempt notice issued to Reliance Communication Ltd (RCom) Chairman Anil Dhirubhai Ambani and others on a plea filed by Ericsson India for allegedly not clearing its dues of Rs. 550 crore.
13 Jan 2019
Narendra ModiOn 'mahila' remark row, RaGa says 'Don't impose your sexism'
Congress President Rahul Gandhi, whose remarks on Defense Minister Nirmala Sitharaman, sparked a huge controversy has asked the BJP to not impose 'their sexism on him' and maintained he would have made the same comment had it been a man.
04 Jan 2019
Narendra ModiWith gloves off, Nirmala Sitharaman defends Rafale-deal, but RaGa unimpressed
Defense Minister Nirmala Sitharaman defended the multi-crore Rafale deal on Friday in the Lok Sabha using all her might, but Congress President Rahul Gandhi wasn't satisfied.
18 Dec 2018
IndiaWon't let PM sleep until all agricultural loans waived: RaGa
Addressing India's distressed farmers directly from Parliament, Congress president Rahul Gandhi said today he will not let PM Narendra Modi sleep until all farm loans have been waived.
24 Nov 2018
India#RafaleDeal: French NGO wants probe into Rafale deal, alleges corruption
A French anti-corruption NGO, Sherpa, has filed a complaint with the office of the French National Financial Prosecutor against the French government and Dassault Aviation, alleging corruption in the Rs. 59,000cr Rafale deal signed in September 2016.
20 Nov 2018
Narendra ModiBJP, RSS know they won't win next LS polls: RaGa
Congress President Rahul Gandhi, at his first election rally at Champhai in Mizoram, today claimed that the RSS and the BJP know that they'll not win the 2019 Lok Sabha elections.
02 Nov 2018
Narendra ModiRaGa alleges Dassault Aviation paid Rs.284cr bribe to Reliance Defense
Congress chief Rahul Gandhi today alleged that Dassault Aviation paid Rs. 284 crore to Anil Ambani's Reliance Defense as the "first installment of kickbacks".
11 Oct 2018
India#RafaleDeal: RaGa demands probe against PM, calls him 'corrupt man'
Congress President Rahul Gandhi today demanded an investigation against PM Narendra Modi's role in the Rafale deal, alleging that he is a "corrupt man".
11 Oct 2018
India#RafaleDeal: Report says Reliance was 'mandatory' for Dassault, French-company denies
In the ongoing controversy over Rafale Deal signed between India and France, a French media investigative journal Mediapart has found choosing Reliance was 'mandatory' for Dassault, but the company has dismissed the claims.
07 Oct 2018
Rahul GandhiRahul attacks Ambani over Rafale deal; calls him PM's 'BFF'
Attacking industrialist Anil Ambani, Congress President Rahul Gandhi yesterday said one can land Rafale deal contracts worth "Rs. 1.3 lakh crore" if he is the PM's "BFF" (best friend forever).
03 Oct 2018
Narendra ModiRafale, a good package, will be game-changer for subcontinent: Dhanoa
Amid the raging row over the Rafale fighter jet, Indian Air Force chief Air Chief Marshal B S Dhanoa today clarified that the deal was a "good package" and the aircraft will be a "game-changer" for the subcontinent.
23 Sep 2018
Supreme Court Of IndiaRafale deal is India's 'largest defense scam', says Prashant Bhushan
Senior Supreme Court advocate Prashant Bhushan today in Chennai said Rafale deal is the "largest defense scam in India" and urged the Center to initiate a Joint Parliamentary Committee (JPC) probe into the matter.
22 Sep 2018
Narendra Modi#RafaleDeal: Rahul fires fresh salvo, says Modi 'betrayed India's soul'
In a fresh attack on the Rafale issue, Congress President Rahul Gandhi alleged PM Modi and Anil Ambani jointly carried out a "surgical strike" on the defense forces.
22 Sep 2018
Narendra ModiRafale-deal: Hollande's bombshell catches BJP in crossfire, opposition strengthens attack
Comments of France former President Francois Hollande that Indian government proposed Anil Ambani's Reliance Defence as its partner in the multi-million dollar Rafale deal has caught the Narendra Modi led Centre in a crossfire, with the opposition demanding his resignation.
18 Sep 2018
Mukesh AmbaniReliance Communications to exit telecom to focus on real estate
Billionaire Anil Ambani today announced that the cash-strapped Reliance Communications will be completely exiting the telecom business to concentrate on real estate in future.
26 Aug 2018
Rahul GandhiReliance Group sues Congress-owned National Herald for Rs. 5,000cr
In yet another development in the Rafale deal case, Anil Ambani-owned Reliance Group has filed a Rs. 5,000cr defamation case against the Congress-owned National Herald newspaper, claiming that an article published by the paper was "libellous and derogatory".
23 Aug 2018
Reliance IndustriesRafale deal: Ambani asks Congress leaders to stop derogatory comments
Facing allegations of getting undue benefits from the multi-billion dollar Rafale deal, Anil Ambani-led Reliance Group has sent legal notices to several Congress leaders asking them to "cease and desist" from leveling such charges.
21 Aug 2018
Reliance GroupRafale deal: Anil Ambani writes to RaGa, counters Rafale charges
In a letter, Anil Ambani has written to Congress chief Rahul Gandhi, he maintained that malicious actors with vested interests "misinformed, misdirected, and misled" the Indian National Congress on the controversial Rafale deal.
28 Dec 2017
Mukesh AmbaniMukesh Ambani's Reliance Jio buying brother Anil's RCom wireless assets
As expected, Mukesh Ambani's Reliance Jio is taking over the wireless assets of his brother Anil's Reliance Communications, which is burdened with a massive Rs. 45,000cr-debt.
27 Dec 2017
Reliance JioRCom to exit SDR, reduce debt by Rs. 39,000cr: Ambani
Anil Ambani-owned Reliance Communications has announced it would exit the ongoing Strategic Debt Restructuring (SDR) scheme of its lenders by selling its Rs. 25,000cr-worth telecom assets, including towers, spectrum and optical fiber by Mar'18.
22 Dec 2017
MumbaiReliance Infra's power-business sold to Adani Transmission for Rs. 18,800cr
In a bid to become debt-free, Anil Ambani-owned Reliance Infrastructure has reportedly entered into a Definitive Binding Agreement with Adani Transmission to sell its Mumbai power business for Rs. 18,800cr.
28 Nov 2017
Bombay High CourtMore trouble for RCom: China Development Bank files insolvency case
There's more trouble brewing for Anil Ambani's debt-ridden Reliance Communications as China Development Bank (CDB) filed an insolvency case against it.
27 Nov 2017
CryptocurrencyWhat would $1,000 in Bitcoins in 2010 be worth today?
Lately, there has been a lot of buzz surrounding the world's oldest and biggest cryptocurrency, Bitcoin; its value has been growing at a rapid pace.
25 Nov 2017
IndiaWhere do Ambani brothers stand 11 years after split?
Mukesh Ambani's Reliance Industries recently raised $800-million (Rs. 51.66-billion) -to reduce its massive debt of Rs. 2.14-trillion to some extent- through the sale of 10-year bonds overseas at the cheapest rate for a non-financial Indian issuer.
16 Nov 2017
IndiaIndians dominate Forbes 2017 list of Asia's 50 richest families
Seventeen Indian business dynasties have made it to the Forbes 2017 list of Asia's 50 Richest Families.
15 Nov 2017
IndiaCongress alleges "huge scam" in $8.7bn Rafale deal
The Congress party has alleged that a "huge scam is brewing" in the deal to purchase 36 Dassault Rafale fighters for $8.7 billion.
25 Oct 2017
IndiaReliance Communications to shut down 2G operations, cut several jobs
The Anil Ambani-owned Reliance Communications has reportedly decided to shut down its 2G mobile services within a month and terminate thousands of employees by 30 November.
02 Oct 2017
Idea CellularRCom cancels merger with Aircel, says it was mutual
Due to the disruption caused by Jio in the already financially strained telecom sector, some players decided to merge in order to survive.
28 Sep 2017
IndiaR-Infra will participate in bullet train project, says Anil Ambani
At Reliance Infrastructure's 88th AGM, Reliance Group chairman Anil Ambani said that R-Infra's arm Reliance Naval and Engineering will soon come out with a rights issue.
30 May 2017
Mukesh AmbaniRCom is hurting and it's not only the debt burden
This could have been the premise of a Bollywood potboiler but it isn't.
15 Feb 2017
Manohar ParrikarBengaluru: Rumours on demonetization of Rs 10 coins create panic
Rumours about demonetization of Rs 10 coins spread in Bengaluru, creating chaos as more and more citizens found it difficult to use their coins for payment.
26 Jan 2017
DLFINOX is leading bidder for SRS cinemas
INOX Leisure Limited (INOX) is reportedly the highest bidder for SRS Cinemas.
24 Dec 2016
IndiaRCom-Brookfield deal: Investors see no upside
Reliance Communication's deal with asset management group Brookfield Infrastructure to sell its tower business hardly excited any investors.
25 Nov 2016
IndiaZee snags Reliance Group's radio and television businesses
Anil Ambani-led Reliance Group is selling 49% of its stake in the company's radio business and a 100% stake in its TV business to Zee Group, reports said.
14 Nov 2016
DelhiReliance Infra's profits surge this quarter
Anil Ambani-led Reliance Infrastructure posted a 34% surge in profits for their second quarter in the financial year 2016-2017.
27 Sep 2016
Reliance GroupReliance Capital's AGM and its seven big takeaways
Reliance Capital, led by Anil Ambani, held its Annual General Meeting today, which listed out interesting takeaways on the changes in the financial company.
