Anil Ambani

Anil Ambani Plans Rs 21,700-Crore Asset Sales To Cut Massive Debt: Report

Business | Anurag Joshi, PR Sanjai and Bhuma Shrivastava, Bloomberg | Thursday July 11, 2019

Reliance Infrastructureis seeking Rs 9,000 crorefrom the sale of nine road projects

Anil Ambani's Reliance Group To Lease Out Company Headquarters To Cut Debt

Business | Thomson Reuters | Monday July 1, 2019

Reliance will continue to own the premises and proceeds from the leasing deal will go only for debt reduction, the company said

Reliance Infra Bags Rs 7,000 Crore Versova-Bandra Sea Link Project

Mumbai News | ANI | Thursday June 27, 2019

Anil Ambani-led Reliance Infrastructure said on Wednesday it has bagged the Rs 7,000 crore Versova-Bandra Sea Link (VBSL) project in Mumbai.

Reliance Capital Redeems Commercial Paper Worth Rs 875 Crore

Business | Indo-Asian News Service | Friday June 21, 2019

The company also said that credit rating agency ICRA has revised the ratings on its short-term debt programme of Rs 950 crore to A4 on April 26, 2019.

Apple AirPort Wireless Routers Get Security Firmware Update: How to Download and Install

Tasneem Akolawala | Friday June 21, 2019

Apple has already discontinued its AirPort lineup last year, but it said that it will continue to provide software support to the devices.

Why 5G Is The Next Headache For Some Of India's Billionaires

Business | PR Sanjai, Bloomberg | Thursday June 20, 2019

Operators may soon decide how much more pain they can endure for a high-speed wireless network that can offer better user experience.

Chinese Banks Demand $2.1 Billion From Embattled Anil Ambani's Firm

Business | PR Sanjai, Bloomberg | Wednesday June 19, 2019

Anil Ambani's older sibling and Asia's richest man Mukesh Ambani's Reliance Jio Infocomm Ltd. had earlier offered to purchase RCom's assets in a Rs 17,300-crore deal, which would have helped partly pay off lenders

Reliance Capital Says PWC Observations "Baseless, Unjustified"

Business | Indo-Asian News Service | Thursday June 13, 2019

Reliance Capital said it was confident that the independent report of the continuing auditor will establish that there are no irregularities

Reliance Capital Shares Tumble After Auditor Resigns

Business | Thomson Reuters | Wednesday June 12, 2019

Reliance Capital is an NBFC owned by Anil Ambani, a business tycoon who has struggled with burgeoning debt in many of his group companies lately

Price Waterhouse Quits As Auditor Of Anil Ambani's Reliance Capital

Business | Rahul Satija, Bloomberg | Wednesday June 12, 2019

The development adds to the mounting list of woes faced by Anil Ambani as he struggles to meet the companies' loan repayments.

Anil Ambani Says Reliance Group Will Make Timely Debt Service Payments

Business | Thomson Reuters | Tuesday June 11, 2019

Anil Ambani said in the last 14 months, the group has already paid Rs 35,000 crore ($5.04 billion) towards its debt.

Ex-Top Court Staff Tampers With Information To Get Job For Daughter: Cops

India News | Press Trust of India | Sunday June 2, 2019

The desire to see his daughter working at the BSES prompted a former Supreme Court staffer to allegedly post wrong information related to a case involving Reliance Communications Chairman Anil Ambani on the top court's website, senior police official said.

What Anil Ambani Is Looking To Sell Next: Report

Business | Baiju Kalesh and PR Sanjai, Bloomberg | Friday May 31, 2019

Reliance Capital Ltd., controlled by Mr Ambani, is discussing the contours of a deal to sell Mumbai-based Reliance General Insurance.

Anil Ambani In Talks To Sell Radio Unit For Rs 1,200 Crore: Report

Business | PR Sanjai, Bloomberg | Monday May 27, 2019

The planned exit from the radio business is part of efforts by Anil Ambani, 59, to cut wider group liabilities after a debt-fueled expansion in the past decade strained finances, while a subsequent government crackdown on bad loans led to the collapse of his wireless phone-services unit.

Rishi Kapoor's Rendezvous With His Karz Co-Star Tina Munim In New York

Entertainment | Saturday May 25, 2019

Tina Munim and Rishi Kapoor co-starred in 1980 film Karz and also in 1982's Yeh Vaada Raha