Anil Ambani on Wednesday took over as the Chairman of Reliance Communication Ventures Ltd, a day after the Mukesh Ambani Group handed over management control of the demerged companies to the younger sibling.
Reliance Industries chief Mukesh Ambani on Thursday met Finance Minister P Chidambaram and other senior officials in the ministry.
Kapiva's plans to introduce allopathy-like doses of ayurvedic remedies for the millennial consumer finds traction.
The Sensex has dropped 141 points (1.7%) to 8,346.
Investors were on Monday sceptical on the shares of Ambani sibling companies and their prices remained subdued despite a resurgent stock market.
A day after the merger approval of Reliance Capital with RCVL, Anil Ambani-controlled Reliance Energy Ltd on Tuesday approved the merger of Reliance Energy Ventures
RIL board, headed by Mukesh Ambani, on Saturday approved a demerger plan as part of separation of group companies Reliance Energy and Reliance Capital to create a separate entity for younger sibling Anil Ambani.
An advisory body of EPFO has rejected a proposal to engage private banks -- ICICI, Axis and HDFC Bank -- for collection of PF contribution from employers.
Having ended a bitter feud with elder brother Mukesh over control of the Rs 100,000 crore (Rs 1000 billion) Reliance empire, Anil Ambani, has embarked on a pilgrimage.
Consulting, other contracts may mean listing agreement violation.
Anil Ambani Dhirubhai Group company Reliance Capital Ltd on Tuesday posted over a three-fold rise in net profit after tax at Rs 94.53 crore (Rs 945.3 million) for the quarter ended June 30.
Adlabs Films Ltd would take up the proposed increase in share capital to Rs 25 crore (Rs 250 million) from the existing Rs 15 crore (Rs 150 million) through prefential issue at the extra ordinary general meeting, scheduled to be held on July 26 next.
This recognition is a testimony of India's strong belief in promoting entrepreneurship
Despite uncertain times and market volatility ahead, investors should continue with their disciplined investing via SIPs.
More asset sales may be only way out, though most of the group companies' ratings have been downgraded and their combined market value is now a fraction of their combined debt.
It, however, was a record-smashing week for both the indices, which scaled their lifetime highs.
Exodus of top managers an unintended side effect of roaring MF industry
Anil Ambani-controlled Reliance Capital on Monday posted a 527 per cent jump in net profit at Rs 157.4 crore.
"The 21,000 level is meaningless. In the past five years, earnings have grown 40 per cent. One should look at the P/E. We are very positive on the market despite elections being around the corner," says Milind Barve MD, HDFC AMC.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
M&M's used car biz becomes the first private firm to tie up with a bank for conducting online auctions of repossessed and off-lease cars. Ajay Modi reports.
Two-days after committing Rs 2,000 crore (Rs 20 billion) into Reliance Capital, Anil Ambani on Tuesday made an open offer to acquire another 20 per cent stake for Rs 1,189 crore (Rs 11.89 billion) at Rs 231 a share, a price considerably lower than th
Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this
Reliance Capital Mutual Fund has announced a dividend at the rate of 0.100% (Rs 0.010 per unit) in the weekly dividend option.
As Prime Minister Narendra Modi visits US, fund managers from India and abroad expect improving sentiments and impressive returns from Indian markets to help attract billions of dollars flowing into the country's asset management industry.
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