How Anil Ambani can revive his group's fortune

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. The Anil......

Multiplex operators strike gold in Bollywood-mad India

For a country that produces twice as many movies a year as Hollywood, India has a problem that's making cinema theatre operators beam: a shortage of modern multi-screen cinemas and plenty of......

CBI probe news makes Anil Ambani Group firms shed 10%

Shares of Anil Ambani-led Reliance Group companies fell by nearly 10 per cent on the bourses on Friday, even as the group asserted that it was not a beneficiary of any telecom licence issued in......

Sharp rise in ADAG stocks baffles Street

A sharp rise in Reliance-Anil Dhirubhai Ambani Group (ADAG) stock prices baffled market players on Tuesday. While the benchmark Sensex of the Bombay Stock Exchange shed over 0.3 per cent, shares......