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  • Reliance Home Finance seeks lenders nod to pay bondholders next month Dec 19, 2019 08:17 AM IST

    Reliance Home Finance seeks lenders nod to pay bondholders next month

    The company owes Rs 91.78 crore, includes both principal and the interest, to 19,964 retail bondholders but is unable to pay because of a restraint placed by the lenders as it is undergoing is a bank-led resolution process. The instruments are maturing on January 3 and 15.

  • UK High court dismisses Chinese bank $680 mn claim against Anil Ambani Dec 16, 2019 07:32 PM IST

    UK High court dismisses Chinese bank $680 mn claim against Anil Ambani

    Ambani contested the proceedings and put up a strong legal defence, and will continue to contest the proceedings and seek leave to defend, without any conditions as to making of deposits or payments being imposed, the statement said.

  • Anmol, Anshul Ambani join Reliance Infra board as directors Oct 09, 2019 09:29 PM IST

    Anmol, Anshul Ambani join Reliance Infra board as directors

    Anmol (27) is already overseeing the financial services business Reliance Capital, since he joined its board in August 2016.

  • Reliance Infrastructure to cut debt further, to be capital-light: Anil Ambani Sep 30, 2019 05:40 PM IST

    Reliance Infrastructure to cut debt further, to be capital-light: Anil Ambani

    Addressing the shareholders at the AGM, chairman Anil Ambani also said the group's defence businesses will also follow an asset- and capital-light model.

  • Reliance Capital won’t lend anymore, Anil Ambani blames rumour mongering for decline of the NBFC Sep 30, 2019 12:32 PM IST

    Reliance Capital won’t lend anymore, Anil Ambani blames rumour mongering for decline of the NBFC

    Ambani said factors like rumour mongering and reckless selling in the last six months caused collateral damage in his NBFC

  • Nippon Life Insurance raises stake in RNAM to 54% Aug 21, 2019 03:59 PM IST

    Nippon Life Insurance raises stake in RNAM to 54%

    Nippon Life floated open offer to acquire nearly 22.49 percent stake in RNAM for Rs 3,179 crore under a deal with Reliance Capital which is exiting the mutual funds business.

  • NCLAT dismisses contempt petition against Anil Ambani over RCom payment default Jul 23, 2019 04:05 PM IST

    NCLAT dismisses contempt petition against Anil Ambani over RCom payment default

    A two-member bench headed by NCLAT Chairman Justice S J Mukhopadhaya, dismissed any contempt plea against Ambani and his officials.

  • Anil Ambani to sell or lease out Mumbai headquarters, in talks with Blackstone, US-based fund: Report Jul 01, 2019 11:46 AM IST

    Anil Ambani to sell or lease out Mumbai headquarters, in talks with Blackstone, US-based fund: Report

    The company aims to monetise its real estate in order to generate cash to pay off its debt obligations following the ratings downgrade of its group companies

  • PWC resigns as statutory auditor of Reliance Capital and Reliance Home Finance Jun 12, 2019 11:50 AM IST

    PWC resigns as statutory auditor of Reliance Capital and Reliance Home Finance

    PWC has put in its resignation, with effect from June 11, 2019, citing unsatisfactory response to "certain observations" made by it as a part of the ongoing audit for fiscal 2018-19, the two companies said in their respective regulatory filings to stock exchanges.

  • Reliance Group committed to meet all future debt obligations: Anil Ambani Jun 11, 2019 12:46 PM IST

    Reliance Group committed to meet all future debt obligations: Anil Ambani

    Ambani pointed out during last 14 months, lenders from all categories had provided zero net additional liquidity or debt to any entity of the Reliance Group

  • Anil Ambani to withdraw Rs 5,000-crore defamation suits against Congress: Report May 21, 2019 05:50 PM IST

    Anil Ambani to withdraw Rs 5,000-crore defamation suits against Congress: Report

    The suits were being heard in the court of city civil and sessions judge P J Tamakuwala.

  • Government says no link between Reliance tax relief in France and Rafale jet deal Apr 14, 2019 09:30 AM IST

    Government says no link between Reliance tax relief in France and Rafale jet deal

    Alexandre Ziegler, France's ambassador to India, said a global settlement was reached between French authorities and Reliance FLAG in a tax dispute.

  • Reliance Communications pays Rs 458.77 crore to Ericsson: Sources Mar 18, 2019 05:45 PM IST

    Reliance Communications pays Rs 458.77 crore to Ericsson: Sources

    A source in the know said RCom has paid Rs 458.7 crore to Ericsson as per the SC directive, but did not divulge details.

  • Rahul Gandhi accuses PM Narendra Modi of listening only to Anil Ambani, Nirav Modi Mar 14, 2019 03:44 PM IST

    Rahul Gandhi accuses PM Narendra Modi of listening only to Anil Ambani, Nirav Modi

    Gandhi said he was talking about the "dishonest" people associated with Modi and "it is really the fight between Congress and Modi".

  • Parallel negotiations delayed Rafale delivery; probe everybody including PM Modi: Rahul Gandhi Mar 07, 2019 10:22 AM IST

    Parallel negotiations delayed Rafale delivery; probe everybody including PM Modi: Rahul Gandhi

    Investigate everyone but probe Modi as well, Gandhi told a press conference, accusing the prime minister of performing a "bypass surgery" in the purchase of the fighter aircraft for corruption, including benefiting businessman Anil Ambani.

  • Supreme Court holds Anil Ambani guilty in Ericsson contempt case, tells him to pay Rs 450 crore in 4 weeks or face jail: CNBC-TV18 report Feb 20, 2019 11:14 AM IST

    Supreme Court holds Anil Ambani guilty in Ericsson contempt case, tells him to pay Rs 450 crore in 4 weeks or face jail: CNBC-TV18 report

    A bench of justices R F Nariman and Vineet Saharan ordered Ambani to pay Rs 453 crore to Ericsson within four weeks

  • SC to pronounce order on Ericsson's contempt plea against RCom chief Anil Ambani, others Feb 19, 2019 09:04 PM IST

    SC to pronounce order on Ericsson's contempt plea against RCom chief Anil Ambani, others

    Reliance Communications (RCom) had told the court they had tried to move 'heaven and earth' to ensure Ericsson gets its due but was unable to do so due to failure of assets sale deal with Jio.

  • Reliance Group reaches standstill pact with lenders, no sale of pledged shares till September Feb 17, 2019 05:35 PM IST

    Reliance Group reaches standstill pact with lenders, no sale of pledged shares till September

    Some of the key lenders include Templeton MF, DHFL Pramerica MF, Indiabulls MF, IndusInd Bank and Yes Bank.

  • Supreme Court adjourns till February 13 hearing of contempt notice to Anil Ambani on Ericsson's plea Feb 12, 2019 01:50 PM IST

    Supreme Court adjourns till February 13 hearing of contempt notice to Anil Ambani on Ericsson's plea

    Ambani, Reliance Telecom Ltd Chairman Satish Seth and Reliance Infratel Ltd Chairperson Chhaya Virani appeared before a bench of Justices R F Nariman and Vineet Saran in pursuance to the contempt notice issued against them.

  • Market cap erosion: Boards of Anil Ambani-led Reliance Group firms recommend legal action Feb 09, 2019 07:46 PM IST

    Market cap erosion: Boards of Anil Ambani-led Reliance Group firms recommend legal action

    L&T Finance and Edelweiss Group have refuted the allegations and have counter-alleged Reliance Group of failing to make timely payments.

  • RCom plunges 48% on decision to file for bankruptcy Feb 04, 2019 09:26 AM IST

    RCom plunges 48% on decision to file for bankruptcy

    The company that has over Rs 40,000 crore debt said this decision has been taken as their board has been unable to get a 100 percent approval of all 40 lenders on any matter.

  • Who is Anshul Ambani? Anil Ambani's youngest son joins Reliance Group as management trainee Jan 21, 2019 10:46 AM IST

    Who is Anshul Ambani? Anil Ambani's youngest son joins Reliance Group as management trainee

    Anshul Ambani joined Reliance Infrastructure, the group company's EPC arm, as a trainee last week

  • No one can save PM Narendra Modi from Rafale probe: Rahul Gandhi Jan 08, 2019 02:39 PM IST

    No one can save PM Narendra Modi from Rafale probe: Rahul Gandhi

    Speaking to reporters outside Parliament, Gandhi said the CBI chief was removed at 1 AM as he was about to begin an investigation into the Rafale jet agreement and Prime Minister Modi and his government cannot run away from a probe into the deal.

  • Anil Ambani welcomes SC order on Rafale Dec 14, 2018 12:25 PM IST

    Anil Ambani welcomes SC order on Rafale

    In its ruling on a batch of petitions seeking a probe into the deal, the apex court said there was no occasion to doubt the decision-making process in the procurement of the 36 Rafale fighter aircraft from France.

  • Tigress Avni was killed to 'save' Anil Ambani's project: Raj Thackeray Nov 08, 2018 07:50 AM IST

    Tigress Avni was killed to 'save' Anil Ambani's project: Raj Thackeray

    A spokesperson of the Anil Ambani group, when contacted, said the group has no project in Yavatmal district.

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