Thursday, 6 October, 2022
TopicReliance group

Topic: Reliance group

Anil Ambani resigns from boards of Reliance Power, Reliance Infrastructure after SEBI’s order

SEBI in February had issued a retraining order on founder Ambani and other top executives of a group entity, Reliance Home Finance, for allegedly diverting funds to repay debt.

Outfit named ‘Jaish-ul-Hind’ claims it planted car with explosives near Ambani house

The outfit claimed the responsibility by posting a message on Telegram, which went viral on social media and came to the notice of Mumbai police, a senior police official said.

Supreme Court halts Future Retail’s deal with Reliance on Amazon’s plea

The apex court said the proceedings before the National Company Law Tribunal will go on and but will not culminate into any final order on amalgamation of Future Retail with Reliance.

Not lavish, very disciplined lifestyle, Anil Ambani tells UK court in loan dispute case

The dispute, involving three Chinese banks, revolves around an alleged breach of a personal guarantee on a company debt refinancing loan of $925 million dating back to February 2012.

Anil Ambani faces his investors again, vows to sell assets and cut debt

Anil Ambani is struggling to save the remnants of his telecommunications-to-infrastructure empire from collapse after RCom 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 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.

Anil Ambani’s RCom bankruptcy could only end up benefitting brother Mukesh Ambani

Mukesh Ambani gets even more leverage in bidding for the assets of Anil's RCom whose demise he helped hasten.

Make in India priority for Sitharaman, first challenge is Ambani vs L&T

New defence minister Nirmala Sitharaman to take crucial call on Rs 20,000 cr LPD contract; Adani vs Tata next

On Camera

YourTurn

Jaishankar to embark on his 1st visit to New Zealand from Oct 5

G20 has 5 daunting challenges and India’s presidency can turn this crisis into opportunity

India should highlight its leadership in low-cost vaccine tech, effective health immunisation delivery, generic pharmaceutical manufacturing, and solar energy.
A vegetable vendor speaks on his mobile phone at a retail market area in Kolkata | Reuters file photo

World Bank cuts India’s growth forecast to 6.5% from 7.5% for current fiscal

In its twice-a-year report on South Asia, the international financial body noted that slowing global demand will impact the country's exports.

Defence

Rescue operation underway after an army aviation Cheetah helicopter flying in the forward area near Tawang crashed during a routine sortie Wednesday | ANI

Multiple military & civilian chopper crashes in past years highlight a disturbing trend for India

An Indian Army Aviation Cheetah helicopter crashed Wednesday. Several such crashes over past few yrs have jolted the military. Non-military sphere, too, has encountered many crashes.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
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