Thursday, 20 January, 2022

Topic: Ambani

Anil Ambani’s Reliance Capital unraveling shows why RBI hates big business in banking

Reliance Capital joins a long list of Indian shadow banks that have keeled over since the sudden collapse of infrastructure financier IL&FS Group in September 2018.

Why Amazon versus Ambani feud is making near-bankrupt Future Group’s board cranky

Two letters have been sent to India's competition authority by three directors of Future Retail Ltd, alleging that Amazon has misled the regulator about nature of an investment in 2019.

‘No plans to relocate’ — Reliance hits out at speculation about Mukesh Ambani’s London shift

Reliance has acquired a prime London property for Rs 592 crore, and the Ambani family’s visit abroad has been linked to them making it their second home.

Can Ambani & Adani’s corporate dominance last? Look at South Korea & Japan for answers

Both groups are recognised for breakthrough business acumen, but so are others. If they stand apart, it is because of their apparent hunger for dominance.

Was told I will get Rs 300-cr if ‘Ambani’, ‘RSS-linked man’ deals are cleared: Satya Pal Malik

Malik claimed he was told Rs 150 crore will be given for clearing each file when he was the Jammu and Kashmir governor but he refused and told PM Modi about it.

Anil Ambani-led Reliance Infra wins Rs 46.6 bn arbitration against Delhi Metro

The verdict is a crucial victory for Ambani as his telecom firms are in bankruptcy and he is contesting a personal insolvency case lodged by the country’s largest lender.

Mukesh Ambani is going green but it’s oil that’s helping Reliance get richer

Reliance, among India's top carbon emitters, gets nearly 60% of its annual revenue from the more polluting oil-to-chemicals business. Shifting dramatically away from it is difficult.

Anil Ambani’s Reliance Big is betting we can go back to cinema halls by end of this year

Reliance Big is hoping to release two Hindi-language films in theaters in the next 3 months. CEO Shibasish Sarkar says directors & actors are striving to get movies released on a larger screen.

NIA seizes high-end bike in connection with Ambani bomb threat probe

The bike is suspected to be registered in the name of an woman associate of suspended Sachin Waze, who allegedly accompanied him to a city-based hotel on 16 February.

‘Have been made scapegoat’, says Sachin Waze as court extends NIA custody till 3 April

Waze, an assistant police inspector with Mumbai crime branch, was arrested on 13 March in connection with the recovery of explosives-laden vehicle near Mukesh Ambani’s house.

On Camera


How England’s dying industrial towns became the West’s largest jihad factory

Malik Faisal Akram had no known affiliation with jihadist groups. Ideas that led him to take hostages in a Texas synagogue seeped into his mind almost by osmosis.

NTPC looks to coal imports to avoid new power crunch

India’s largest electricity producer is aiming to secure cargoes starting from April, when power consumption in India typically surges on summer cooling demand.


File photo of IAF drone seen flying in Leh on 18 Nov 2020 | ANI

Indian firm gets foothold in prized global ‘kamikaze’ and armed drones market

Global demand for loitering munition & armed drones saw a jump after Azerbaijan was able to defeat superior Armenian armed forces in 2020 with the help of these systems.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.