Tuesday, 17 May, 2022
TopicReliance group

Topic: Reliance group

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

Suvashree Ghosh -
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

PTI -
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

PTI -
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

PTI -
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

P. R. Sanjai -
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

Anurag Joshi -
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

P. R. Sanjai -
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

Saloni Shukla -
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

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

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Opinion

Pakistan Prime Minister-elect Shehbaz Sharif on 7 April | Photographer: Aamir Qureshi/AFP/Getty Images via Bloomberg

The four-point plan to revive Pakistan’s economy—from land reform to real estate

Aasim Sajjad Akhtar -
Pakistan must reduce non-productive expenditures like defence. The country's political economy has been overdetermined by the imperative of 'national security'.
Zoya Akhtar's 'The Archies' screengrab from the trailer | YouTube

Zoya Akhtar’s films on rich people appealed to the masses. ‘The Archies’ does not

Google search homepage | Photographer: David Gray | Bloomberg

Auction for your eyeballs: Google is sharing our personal data at a staggering scale

Economy

Bad timing could hamper LIC IPO

Nupur Acharya -
Most early public enterprise IPOs have been trading 75% below their original price, small investors concerned.

Defence

Representational image of army personnel in Ladakh | ANI

India ‘doesn’t foresee’ border fighting with China, but ‘won’t back down’ if tensions reignite

Snehesh Alex Philip -
Aim is to ensure not just disengagement of troops, but overall de-escalation. Govt in favour of solving tensions through talks as it wants peace with all neighbours including China.

National Interest

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Shekhar Gupta -
Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.

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