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Wednesday, August 13, 2025
TopicAnil Ambani

Topic: Anil Ambani

After telecom, Anil Ambani’s shipyard faces insolvency as banks reject debt restructuring

A bankruptcy tribunal ruling favouring banks will deal another blow to Anil Ambani’s stressed empire after his wireless carrier slipped into insolvency.

Anil Ambani looks to sell everything between roads and radio units to cut crushing debt

More than Rs 930 billion deep in debt, business tycoon Anil Ambani is waging a war to raise money to sail through after his flagship firm Reliance Communications Ltd slipped into insolvency.

Anil Ambani has to now return $2.1 billion to Chinese banks

Anil Ambani’s RCom owes money to China Development Bank, Exim Bank of China & Industrial and Commercial Bank of China.

Auditor of Anil Ambani’s shadow bank Reliance Capital resigns after lack of response

The auditor didn’t receive satisfactory response to certain observations and transactions, said the Reliance Group companies.

Anil Ambani vows to reduce debt further after paying $5 billion

Reliance Anil Dhirubhai Ambani Group has repaid $5 billion in the past 14 months & will reduce debt to a ‘bare’ minimum, Ambani says.

Desperate Anil Ambani in talks with Hero FinCorp to sell his general insurance business

Anil Ambani is trying to cut his conglomerate’s liabilities after a debt-fueled expansion in the past decade led to the collapse of his telecom unit.

Anil Ambani in talks to sell his radio business unit for Rs 12 billion

The planned exit from the radio business is part of efforts by Ambani to cut wider group liabilities.

Anil Ambani to withdraw defamation suits against Congress

The Rs 5,000 crore civil defamation suit was filed against Congress leaders and National Herald newspaper over an article on the controversial Rafale fighter jet deal.

Rs 95 lakh to Rs 9 crore: SC fines got its legal aid agency 10 times more cash in 2018-19

SC and high courts fine litigants and advocates for frivolous petitions and contempt of court, apart from the penalties handed out as part of judgments.

Reliance Capital protests downgrade, says it will cut debt 50%

Care Ratings has cut the firm’s long-term debt program to BBB from A and kept it on credit watch.

On Camera

Hrithik Roshan & Jr NTR in Janaab-e-Aali is exactly what a dance-off should not be

Forget comparing it with classics like Hrithik’s Ek Pal Ka Jeena or the slick title track of Dhoom 2, Janaab-e-Aali does not even come close to Ghungroo.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

India expands Southeast Asia defence footprint with new joint venture in Philippines

Memorandum of understanding between SMPP and ADFC was signed during state visit of Philippines’ President to India earlier this month.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.