The Supreme Court on Friday rejected division of gas under the Ambani family MoU and said that it was government's right to decide the price and utilisation of the fuel, which is a national asset.
The battle between the Ambani brothers flared up again today -- this time over the Anil Dhirubhai Ambani Group's (ADAG's) bid to seal a merger deal with South African telecom company, MTN.
The Anil Ambani group, fighting a legal battle for securing 28 mmscmd gas for Reliance Natural Resources from RIL at a price of $2.34 per mmBtu under a family settlement, had last week questioned the marketing margin and had informed RIL that it would not pay the same.
'At the current time, we should be vaccinating all those who are potentially going to get more severe illness, before we start vaccinating very young individuals.'
Anil Dhirubhai Ambani Group (ADAG) company, the Rs 6,576-crore Reliance Energy (REL) on Wednesday announced that it would buy back its shares through open market purchases at a maximum price of Rs 1,600 per share.
With the listing of Reliance Power, the market cap of Anil Ambani group aggregated to Rs 307,112 crore (Rs 3,071.12 billion), almost Rs 100,000 crore (Rs 1,000 billion) below expectations of Rs 400,000 crore (Rs 4,000 billion) capitalisation.
Reliance Entertainment, controlled by the Anil Dhirubhai Ambani Group, is divesting a 5 per cent equity stake at an enterprise value of $1.5 billion (about Rs 6,000 crore).
'Perhaps the most important political trend affecting armed conflict in the 21st century, will be in the relationship between civilians and those who fight on their behalf,' points out Lieutenant General Anil Chait (retd), who served as chief of the Integrated Defence Staff and Central Army Commander.
The first off the block appears to be the Reliance Anil Dhirubhai Ambani Group (R-ADAG), which is investing Rs 1,200 crore (Rs 12 billion) in setting up a large drug distribution backbone.
Anil Ambani had given a personal guarantee to the loans given by SBI to Reliance Communications and Reliance Infratel in August 2016.
Anil Ambani Group never sought clarification before bids closed, says DGH.
Bandhan Financial Services, the first microfinance institution in the country to win a bank licence, is also one of the youngest entities to be allowed to enter the banking space.
Ending days of suspense, the Reserve Bank on Wednesday granted banking licences to infrastructure financing firm IDFC and microfinance institution Bandhan from among 25 applicants that included corporate heavyweights ADAG Group, Aditya Birla Group and Bajaj Group.
With this service, the journey on the 11.4 km Versova-Andheri-Ghatkopar stretch will reduce to 20 minutes
Sabyasachi Couture is recognised for its contribution to the design industry.
The bank may post a loss of Rs 1,000 crore during October-December 2019-20 quarter, an analyst commented.
Their demands will be met of course, and this government will move on to the next great idea, without an apology or an explanation, predicts Aakar Patel.
If you are looking for a premium hatchback that offers just that bit more than others, your choices could come from the Volkswagen stable.
The Samsung Gear smartwatch is nowhere near James Bond's tech devices, but to be able to talk to someone on your watch is no less exciting. But is it a good buy? Find out...
CBI had to cross-examine him as Ambani 'changed his statement'.
Arvind Kejriwal accused Robert Vadra of participating in questionable land deals. Those were just allegations, but so are the crimes supposedly committed by Gurunath Meiyappan. But one is a businessman's son-in-law and the other is a politician's son-in-law. And so, predictably, they were treated differently by the politicians, says T V R Shenoy.
Vicky Nanjappa reports on the sharp economic differences that prevail in Bellary despite its riches and resources
An RJD leader said that the two brothers came together at the insistence of Misa Bharti, who made them sit together and explained that by fighting each other they will end up falling into the trap of the BJP-led NDA, which wants to "finish off the party.
Checking your credit report is the easiest way out to check your credit health.
'The book captures Rana Kapoor's hunger for real estate leading to bungalows in Delhi, Mumbai, London and other cities; the multiple companies -- over 100 -- to fund his family's various ventures; the attempt to game the system by showing lower non-performing assets,' notes Joydeep Ghosh.
Over the last week, several banks have cut rates by 25 basis points, clearly not enough to fuel credit demand.
Despite the recent fall, the Nifty Midcap 100 index has outperformed by gaining 20 per cent till date in this year calendar year.
Despite the recent fall, the Nifty Midcap 100 index has outperformed by gaining 20 per cent till date in this year calendar year.
Sachin Tendulkar was seen giving good friend and teammate Harbhajan Singh a few guidelines to improve his bowling on Wednesday, the eve of the third Test at Mohali.
Govt expects to award contract to the lowest bidder by February.
Fund managers and analysts believe a lot would depend on the outcome of the Reserve Bank of India's rate-setting meeting on 3rd May.
Imran Tahir proved there is merit to the cricket adage that spinners get better with age after the South African claimed 4/27 in Chennai Super Kings' five-wicket victory over Kolkata Knight Riders in the Indian Premier League on Sunday.
There is no immediate benefit for shareholders from the Etihad deal.
Gujarat Chief Minister Narendra Modi today came in for fulsome praise from India Inc with RIL chairman Mukesh Ambani hailing him as a leader with "grand vision" and his younger brother Anil Ambani of ADAG putting him in the league of Mahatma Gandhi and Sardar Patel.
Son of Matbar Singh Negi, who was duty on December 13 on the fateful day as part of the Parliament watch and ward staff, Gautam Negi said the hanging of Afzal Guru in Tihar jail was a good decision by the government and it will send a strong message to terrorist groups
How good is this edition of the DMC series? Murali Venukumar weighs in the pros and cons
Anil Dhirubhai Ambani Group firm says it is financially unviable.
Bilateral cricketing ties between them have remained suspended since 2008 and relations further soured in February this year after a suicide car bombing that killed at least 40 Indian paramilitary police in Pulwana district in South Kashmir.
Though the Infosys stock has regularly tanked on days the company's results are announced, it has made up for the losses before the announcement of the next results.
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