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Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain and Oman are part of the Gulf Cooperation Council (GCC). "Doha Bank and Reliance ADA Group have entered into an alliance to create new opportunities for cooperation and innovation in terms of business development across the GCC and India," Doha Bank said in a release.
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Tina Ambani, who has been summoned as prosecution witness in the 2G case along with her husband Reliance ADA Group Chairman Anil Ambani, today moved a Delhi court seeking exemption from personal appearance before it on August 23 citing prior commitments.
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Three executives of the Reliance ADA group, facing trial in the 2G spectrum allocation case in a Delhi court, today gave the samples of their handwriting and signatures to the CBI for their comparison with those on case documents.
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Three top executives of Reliance ADA Group, facing trial in 2G spectrum allocation case, were today directed by a Delhi court to give specimen handwriting and signature to CBI for comparing it with the documents already placed on record before it.
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The written instructions for transfer of over Rs.100 crore to Swan Consultants Private Limited, which later became Swan Telecom, an accused firm in the 2G case, 'appears' to have been signed by Reliance ADA Group Chairman Anil Ambani, a CBI witness today told a Delhi court.
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Reliance Telecom (RTL), a Reliance ADA Group company and accused in the 2G case, had transferred more than Rs 1,900 crore to Swan Telecom Pvt Ltd (STPL) between January and June 2007, an official of HDFC bank today testified in a Delhi court.
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The 2G saga will reach an important milestone on Saturday, when OP Saini, the special judge in the CBI trial court, reads out the charges against the 17 accused.
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In an interview to CNBC-TV18, Hemang Jani, senior vice president, Sharekhan said, ADAG pack will remain under pressure.
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The US markets erased a strong rally following a broad selling pressure but still finished off their worst levels in thin, choppy trading as the Dow and S&P rebounded from afternoon lows.
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The CAG exit conference on hydrocarbon is being held tomorrow. Reliance Industries will be attending the meeting under protest. RIL has also submitted a long and detailed reply to the oil ministry on the gold-plating charges. CNBC-TV18’s Nayantara Rai quoting sources reports with exclusive details.
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Reliance ADA Group, a leading Indian conglomerate, will invest between USD 5 billion and USD 10 billion in mining infrastructure in Indonesia.
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Three executives of Reliance ADA Group have appealed to the Delhi High Court seeking bail in the 2G scam case after their bail applications were rejected by a CBI court, a lawyer for the group said on Wednesday.
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The CBI on Friday sought "detention" of five corporate executives chargesheeted by it for their alleged role in the 2G scam, saying that they might "abscond" and impede the trial.
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A sacked former telecoms minister and six business executives will appear in court on Friday to face trial in India's biggest case of corruption that has exposed the nexus between government and industry in one of the world's fastest growing economies.
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Ratan Tata will appear on Monday before a parliamentary panel probing a multi-billion dollar telecoms graft scandal that has badly dented the government's credibility and alarmed investors in Asia's third largest economy.
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The Central Bureau of Investigation (CBI) on Saturday charged former telecoms minister Andimuthu Raja, Reliance ADA Group and the Indian arm of Etisalat, in a multi-billion dollar telecoms licensing corruption scandal that has rocked the government and business establishments.
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The Central Bureau of Investigation (CBI) will submit on Tuesday a final report to the Supreme Court over a multi-billion dollar telecoms corruption case before making the first charges in a scandal that has embroiled the government and business magnates.
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Recently, Nippon Life Insurance Co, Japan's largest life insurer by revenue had declared that it is likely to buy about a 26% stake in Reliance Life in a bid to boost overseas business. However, according to the latest updates, the Reliance Life- Nippon deal is witnessing regulatory roadblocks, reports CNBC-TV18 quoting sources.
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Indian tycoon Anil Ambani's Reliance ADA Group, which controls number two mobile carrier Reliance Communications, said on Friday authorities had examined some of its officials and that it was cooperating.
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Reliance ADA Group said on Friday it had identified stock brokers sending 'baseless sensational charges' against the group through emails, text messages and voice calls and was seeking regulatory investigation against them.
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Reliance MediaWorks Ltd (RMW), India’s fastest growing film and entertainment services company and a member of the Reliance ADA group announced the launch of its Studio operations.
