Anil Ambani

Anil Ambani To Withdraw Defamation Suits Against Congress, National Herald

India News | Press Trust of India | Tuesday May 21, 2019

Anil Ambani's Reliance Group Tuesday said it has decided to withdraw the Rs 5,000 crore civil defamation suits filed against Congress leaders and National Herald newspaper, saying it believes their statements and article on the Rafale fighter jet deal were made for political purposes in the run up to the general election.

Tribunal Admits Anil Ambani's Reliance Communications For Bankruptcy

Business | NDTV Profit Team | Friday May 10, 2019

Anil Ambani's Reliance Communications was forced to discontinue operations two years ago after his elder brother Mukesh Ambani's Reliance Jio Infocomm disrupted the telecom industry in 2016 by launching aggressively prices data and voice call plans.

The Rise Of India's New Billionaires As Business Dynasties Flounder

Business | PR Sanjai and Saritha Rai, Bloomberg | Wednesday May 8, 2019

A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country's old dynasties.

"Like To Remind Rahul Gandhi...": Anil Ambani's Reliance Group Hits Back

India News | Edited By Debanish Achom | Monday May 6, 2019

Anil Ambani's Reliance Group in a strongly worded statement has criticised Congress chief Rahul Gandhi for accusing the industrialist of being a "crony capitalist and dishonest businessman", and pointed out that the conglomerate received projects worth Rs 1 lakh crore when the UPA was in power for 10 years.

"Anywhere But At Anil Ambani's House": Rahul Gandhi Jabs PM On Debate

India News | Edited By Debanish Achom | Saturday May 4, 2019

Congress chief Rahul Gandhi today reiterated his challenge for a debate with Prime Minister Narendra Modi over what he called "fundamental issues" like jobs, economy and agriculture, two days before the country vote in the fifth phase of the national election. He also took a swipe at the BJP on the release of Pakistan-based terrorist Masood Azhar b...

Anil Ambani Needs $2 Billion In Asset Sales To Save Last Stronghold

Business | PR Sanjai and Anto Antony, Bloomberg | Saturday May 4, 2019

Reliance Capital Ltd., his financial services business that almost doubled its profit in five years, had largely remained insulated from the distress plaguing the wider conglomerate.

Ambani, Adani's "Business Development Manager": Navjot Sidhu Attacks PM

India News | Edited by Anuj Pant | Saturday April 20, 2019

General Elections 2019: Congress leader Navjot Sidhu today launched a scathing attack on Prime Minister Narendra Modi over the centre's defence deals, including the Rafale deal, alleging he behaved like a "business development manager for (Anil) Ambani and (Gautam) Adani" at the cost of several state-run firms.

Mukesh Ambani Turns 62. 10 Things To Know About Asia's Richest Man

India News | Edited by Richa Taneja | Friday April 19, 2019

Mukesh Ambani, Reliance Industries (RIL) Chairman and India's richest man, turns 62 today. Recently, the TIME's magazine featured the business tycoon in the list of "TIME 100 Most Influential People 2019". The list included US President Donald Trump, Pope Francis, Chinese President Xi Jinping, Pakistan Prime Minister Imran Khan, Facebook founder Ma...

Elections 2019: Mukesh Ambani Backs Congress Candidate As Brother Anil Faces Party Attack

Mumbai News | Reported by Sreenivasan Jain, Edited by Deepshikha Ghosh | Friday April 19, 2019

Reliance chairman Mukesh Ambani has endorsed Congress leader Milind Deora, who is contesting from Mumbai South constituency in Maharashtra in the national election, in a video tweeted by the candidate.

After Rafale Deal, Huge Tax Waiver For Anil Ambani's French Firm: Report

India News | Press Trust of India | Saturday April 13, 2019

France waived taxes worth 143.7 million euros to a French-registered telecom subsidiary of Anil Ambani's Reliance Communications in 2015, months after India's announcement of buying 36 Rafale jets, French newspaper Le Monde reported today.

On Source Of Promised Welfare Fund, Rahul Gandhi's Hint For PM Modi

India News | Edited by Anindita Sanyal | Tuesday April 9, 2019

Congress chief Rahul Gandhi today said Prime Minister Narendra Modi was trying to create two nations. "One would be for Anil Ambani, Nirav Modi and one for us," said the Congress chief, who has been repeatedly accused of playing into Pakistan's hands by the ruling BJP.

2 Arrested For Posting Wrong Info On Anil Ambani On Supreme Court Website

India News | Reported by A Vaidyanathan, Mukesh Singh Sengar, Edited by Debanish Achom | Monday April 8, 2019

Two former Supreme Court employees have been arrested for posting wrong information on the court's website that the personal appearance of industrialist Anil Ambani was not needed in the over Rs 400 crore Ericsson dues case, which has now been settled.

"Run, But You Can't Hide": Rahul Gandhi On PM Modi Response To Rafale Question

India News | Edited by Jimmy Jacob | Sunday April 7, 2019

Congress president Rahul Gandhi today posted a video of Prime Minister Narendra Modi rebuking a journalist for bringing up the Rafale fighter jet deal in an interview, and accompanied it with a warning that his government can "run (from questions) but can't hide".

Mukesh Ambani's Bailout Of Brother Anil May Be A Shrewd Business Move

India News | Upmanyu Trivedi, Bhuma Shrivastava, Bloomberg | Thursday March 21, 2019

Asia's richest man Mukesh Ambani's decision to end a deal with his brother -- even as he bailed him out -- may be an astute business move.

Opinion: Take A Bow, Ericsson, In How You Handled Anil Ambani Case

Business | Andy Mukherjee | Bloomberg | Tuesday March 19, 2019

To see just how badly they have bungled RCom, consider the stinging rebuke the lenders received from an appeals judge at India's bankruptcy tribunal last week: