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Reliance Group
Business  /  Published 09.02.19

Anil firms threaten legal action

The Anil D Ambani group on Saturday stepped up its fight against L&T Finance and Edelweiss over their move to invoke pledged shares and sell them in the open market.The boards of three firms from ...
By Our Special Correspondent in Mumbai

Business  /  Published 21.02.19

Anil Ambani set to exit mutual fund venture

The Anil D Ambani group is planning to exit the mutual fund business.Financial services firm Reliance Capital (RCap) on Thursday said it has invited partner Nippon Life Insurance to acquire its entire...
By Our Special Correspondent in Mumbai

India  /  Published 26.10.18

Divide at the top over J&K Reliance contract

A feud has broken out in the Jammu and Kashmir administration over governor Satya Pal Malik’s decision to “scrap” a group insurance contract bagged by Anil Ambani’s Reliance group.Navin Kumar ...
By Muzaffar Raina in Srinagar

India  /  Published 25.10.18

Reliance deal (not Rafale) off

The Jammu and Kashmir governor has scrapped a group insurance contract bagged by a firm in Anil Ambani’s Reliance group, declaring he had “personally” concluded that the entire deal was “...
By Muzaffar Raina and Vivek Nair in Mumbai

Business  /  Published 29.04.20

Reliance stake in SkyTran raised

The Reliance group has raised its stake in SkyTran — an innovative zero-emission public transport system which is still under development at test beds in California, Tel Aviv and Texas — to 26.31 ...
By Our Special Correspondent in Mumbai

India  /  Published 21.05.19

Anil Ambani to drop defamation suits against Congress

Anil Ambani’s Reliance Group has decided to withdraw the Rs 5,000-crore civil defamation suits on the Rafale scandal filed against several Congress leaders and the National Herald newspaper.An email...
By Our Special Correspondent in New Delhi

Business  /  Published 07.02.20

Anil told to pay $100m

A UK court on Friday directed Reliance Group chairman Anil Ambani to pay $100 million towards a conditional order granted to three Chinese banks pursuing the recovery of over $680 million owed to them...
By PTI in London

India  /  Published 02.11.18

Campaign of calumny, claims Reliance

Anil Ambani’s Reliance Group has accused the Congress of resorting to “blatant lies and distorted facts” and denied any wrong-doing, studiously avoiding any direct reference to Rahul Gandhi who ...
By Our Special Correspondent in Mumbai

Business  /  Published 23.05.19

Reliance Capital exits mutual funds

Anil Ambani’s Reliance Capital is exiting the mutual funds business. The holding firm is selling its stake in Reliance Nippon Life Asset Management Ltd (RNAM) to its joint venture partner Nippon Lif...
By Our Special Correspondent in Mumbai

Business  /  Published 17.02.19

Breather for Anil firms

In a major relief to Anil Ambani, his Reliance Group is understood to have reached an in-principle standstill understanding with more than 90 per cent of its lenders at the promoter group level.Under ...
By Our Special Correspondent in Mumbai


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