News for 'Anil Ambani's Reliance Group'

SC dismisses petitions seeking Rafale probe

SC dismisses petitions seeking Rafale probe

Rediff.com14 Dec 2018

The apex court said there was no occasion to doubt the decision-making process in the multi-billion dollar Rafale deal.

Modi-India Inc meet: A move to boost confidence amid crisis

Modi-India Inc meet: A move to boost confidence amid crisis

Rediff.com8 Sep 2015

The meeting will focus on how to make the crisis an opportunity for India.

Reliance ADAG to launch multiple channels

Reliance ADAG to launch multiple channels

Rediff.com14 Aug 2007

R-ADAG has taken on board Ashutosh, the business head of Sahara One and Entertainment's Hindi movie channel Filmy, as the COO for its upcoming movie channels.

Rel Capital Q2 net at Rs 157.4 cr

Rel Capital Q2 net at Rs 157.4 cr

Rediff.com24 Oct 2005

Anil Ambani-controlled Reliance Capital on Monday posted a 527 per cent jump in net profit at Rs 157.4 crore.

RNRL, Reliance Power merger swap fixed at 4:1

RNRL, Reliance Power merger swap fixed at 4:1

Rediff.com5 Jul 2010

The ratio is based on the valuation made by consultancy firm KPMG.

Vedanta bids for 14 blocks; Birla, Adani, Jindal also in fray

Vedanta bids for 14 blocks; Birla, Adani, Jindal also in fray

Rediff.com4 Feb 2015

Mining baron Anil Agarwal-led Vedanta Group has bid for the most number of 14 coal mines out of 23 on offer in the first round of auction which also have aggressive bids by Aditya Birla Group, Adani and Naveen Jindal group, but was shunned by foreign players.

How Jio stands to gain from Ambani mega deal

How Jio stands to gain from Ambani mega deal

Rediff.com29 Dec 2017

The Jio-Bharti battle will not just be limited to mobile telephony but will extend to the fibre to home space too.

Obama, Modi to boost bilateral business ties

Obama, Modi to boost bilateral business ties

Rediff.com25 Jan 2015

Trade and economic issues, including visa, totalisation pact and impediments hampering investments, are likely to figure at Monday's US-India CEO Forum meeting, which will be jointly addressed by visiting US President Barack Obama and Prime Minister Narendra Modi.

Ambani: Bears caused Rs 3 lakh crore loss, probe sought

Ambani: Bears caused Rs 3 lakh crore loss, probe sought

Rediff.com10 Feb 2011

Hit by a massive sell-off in stocks of various group companies, Reliance Anil Dhirubhai Ambani Group today said it is a victim of a bear cartel that has caused a market value loss of over Rs 3 lakh crore (Rs 3 trillion) across the infrastructure sector in the past two weeks.

Tech Mahindra, Reliance Cap, SBI wake up to Modi's yoga call

Tech Mahindra, Reliance Cap, SBI wake up to Modi's yoga call

Rediff.com20 Jun 2015

Indian companies realise several business opportunities ahead of International Yoga Day on Sunday

NDA Rafale deal 2.86% cheaper than UPA one: CAG

NDA Rafale deal 2.86% cheaper than UPA one: CAG

Rediff.com14 Feb 2019

The CAG observed there was no change in the price of 'flyaway aircraft package'.

The little-known company that's buying up distressed telcos

The little-known company that's buying up distressed telcos

Rediff.com24 Jan 2020

UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group's Reliance Communications and Reliance Telecom, which are in the National Company Law Tribunal (NCLT). Last year it was the highest bidder for taking over Aircel's assets for an upfront payment of Rs 150 crore. Surajeet Das Gupta and Dev Chatterjee dig deeper to find out more about this little known company.

Reliance Energy to raise Rs 8000 cr

Reliance Energy to raise Rs 8000 cr

Rediff.com3 Dec 2007

Plans warrants, preference shares for projects.

Reliance Money to break even by FY 08: CEO

Reliance Money to break even by FY 08: CEO

Rediff.com5 Jun 2007

Buoyed by tremendous consumer response and with banking on its huge roll-out plan, Anil Dhirubhai Ambani Group's brokerage and distribution arm Reliance Money expects to break-even by the end of the current fiscal.

PIX: Aamir, Shah Rukh and Ambanis attend a grand wedding

PIX: Aamir, Shah Rukh and Ambanis attend a grand wedding

Rediff.com30 Jan 2012

Top Bollywood stars made appearances in top industrialist's son's wedding last weekend.

Reliance Power achieves closure for Sasan, finally

Reliance Power achieves closure for Sasan, finally

Rediff.com20 Apr 2009

The Anil Dhirubhai Ambani Group-promoted Sasan Power was Rs 2,500 crore short of the roughly Rs 15,000 crore it needed to borrow for the project. Now, India Infrastructure Finance Company Ltd has agreed to lend around Rs 2,500 crore. A consortium of 12 domestic banks have already committed around Rs 12,500 crore, with State Bank of India and Power Finance Corporation leading the pack, with Rs 3,500 crore and Rs 1,800 crore respectively.

SC registrars, ex-judge on Pegasus radar: Report

SC registrars, ex-judge on Pegasus radar: Report

Rediff.com4 Aug 2021

Counsels for AgustaWestland VVIP chopper scam accused Christian Michel and fugitive diamantaire Nirav Modi were also the potential targets of Israeli spyware Pegasus.

2G scam: Reliance Telecom moves HC against charges

2G scam: Reliance Telecom moves HC against charges

Rediff.com24 Oct 2011

Challenging the trial court's order charging it with criminal conspiracy, cheating and forgery, the Anil Dhirubhai Ambani Group-led company pleaded that it did not indulge in any wrongdoing and charges framed against it were 'wrong'.

Reliance Cap makes open offer for 20% in TV Today

Reliance Cap makes open offer for 20% in TV Today

Rediff.com18 Apr 2007

The Reliance Anil Dhirubhai Ambani group (R-ADAG) company has offered to buy the shares at Rs 130.50 (approximately Rs 150 crore in all), a 7 per cent discount on today's market price of Rs 140.20

Reliance General 2nd largest pvt insurer

Reliance General 2nd largest pvt insurer

Rediff.com30 May 2007

Anil Dhirubhai Ambani Group's Reliance General Insurance has become the second largest non-life private insurer, toppling Bajaj Allianz, in terms of premium collections of Rs 221 crore (Rs 2.21 billion) in April.

Mukesh Ambani's wealth grew 67% last year, is India's richest for 10th time

Mukesh Ambani's wealth grew 67% last year, is India's richest for 10th time

Rediff.com5 Oct 2017

Forbes said Prime Minister Narendra Modi's "economic experiments" barely affected India's billionaires while none gained more than oil-and-gas tycoon Mukesh Ambani, who cemented his decade-long hold on the top slot by adding a staggering USD 15.3 billion (67 per cent) to his last year's wealth to become one of Asia's top five richest.

RIL's credit quality may weaken: S&P

RIL's credit quality may weaken: S&P

Rediff.com20 Jun 2005

Global rating agency Standard and Poor's on Monday cautioned that the credit quality of Mukesh Ambani controlled Reliance group's flagship company RIL might "weaken"

Mumbai Metro: R-Infra, govt set for a showdown

Mumbai Metro: R-Infra, govt set for a showdown

Rediff.com7 Aug 2015

Metro projects usually require additional funding by promoters, which RInfra refuses to in this case.

Next-gen Ambanis take charge at Jio soft launch

Next-gen Ambanis take charge at Jio soft launch

Rediff.com28 Dec 2015

Commercial services may start in Mar-Apr next year

The drama on Day 2 of 2G Spectrum trial

The drama on Day 2 of 2G Spectrum trial

Rediff.com15 Nov 2011

The 2G-spectrum trial entered its second day on Monday with Public Prosecutor Advocate A K Singh putting up a myriad of questions to Reliance Group President A N Sethuraman in a bid to establish a link between the Anil Dhirubhai Ambani Group and Swan Telecom.

Why are India's tycoons selling out?

Why are India's tycoons selling out?

Rediff.com21 Jun 2019

Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.

RCom to exit DTH after merging subsidiary with Sun Direct

RCom to exit DTH after merging subsidiary with Sun Direct

Rediff.com10 Aug 2013

Deal to help RCom reduce debt, Sun gain subscribers in new markets

Aditya Birla Group looks to exit Aroon Purie's Living Media

Aditya Birla Group looks to exit Aroon Purie's Living Media

Rediff.com18 Aug 2014

BofA-ML mandated to find buyer for 27.5% stake in media group's holding firm

Business Families and their UGLY succession battles

Business Families and their UGLY succession battles

Rediff.com31 Dec 2021

The world is full of family businesses that withered away with the passing of generations, creating much bitterness and ill will. Entire clans that used to be household names have become pale shadows of their once-mighty empires.

RCom plans to monetise real estate assets

RCom plans to monetise real estate assets

Rediff.com5 Jul 2013

Telecom major Reliance Communications plans to monetise its real estate assets as it looks to pare debt.

Global oil majors may be joining race for BPCL

Global oil majors may be joining race for BPCL

Rediff.com26 Aug 2021

Global oil majors may be teaming up with investment funds that are already in the race to acquire Bharat Petroleum Corporation Ltd (BPCL), a document detailing steps needed to complete India's biggest privatisation showed. Billionaire Anil Agarwal's Vedanta group as well as two US funds -- Apollo Global and I Squared Capital - had last year submitted initial bids to buyout the government's entire 52.98 per cent stake in India's third-biggest oil refiner and second-largest fuel retailer. Detailing the 'Next Step', the 'Brief Note on BPCL Disinvestment' said Transaction Advisor and Asset Valuer are to submit an inception report, bidders have to complete due diligence of the company and sale purchase agreement has to be finalised.

2G scam: Ambani, other executives may be examined on Friday

2G scam: Ambani, other executives may be examined on Friday

Rediff.com10 Nov 2011

The much-awaited trial in the 2G spectrum allocation scam case, involving high-profile accused, including former Telecom Minister A Raja, DMK MP Kanimozhi, top corporate honchos and telecom firms, is likely to commence from Friday before a Delhi court.

RIL's 3500 MW plant to come up at Dadri

RIL's 3500 MW plant to come up at Dadri

Rediff.com18 Feb 2004

RIL's 3500 MW project at Dadri in UPThe Reliance Group on Wednesday announced its decision to set up the world's largest gas-based power generation project at Dadri in western Uttar Pradesh.

Reliance Money to expand to 10,000 outlets

Reliance Money to expand to 10,000 outlets

Rediff.com1 Nov 2007

Broking house Reliance Money on Thursday said it plans to expand its operations in the country by taking the number of outlets up to 10,000 by the end of this fiscal. The financial services and products distribution arm of Anil Dhirubhai Ambani Group currently has around 4,000 outlets, company's Director and CEO Sudip Bandyopadhyay told reporters.

No scandal in Rafale deal: French ambassador to India

No scandal in Rafale deal: French ambassador to India

Rediff.com29 Nov 2018

Pointing out at the 'cooperation' and 'trust' shared between both India and France, Ambassador of France to India Alexandre Ziegler asked people to look at the facts.

I don't lie: Dassault CEO responds to Rahul on Rafale deal

I don't lie: Dassault CEO responds to Rahul on Rafale deal

Rediff.com14 Nov 2018

On the pricing issue, Eric Trappier said that the present aircraft are cheaper by 9 per cent.

Reliance Comm to invest Rs 15,000 cr for towers

Reliance Comm to invest Rs 15,000 cr for towers

Rediff.com19 Apr 2007

Reliance Communications will be investing around Rs 15,000 crore (Rs 150 billion) to set up and install an additional 15,000 base transceiver stations in the country.

Economy in bad shape, but rich year for tycoons

Economy in bad shape, but rich year for tycoons

Rediff.com27 Dec 2018

Mukesh Ambani remains the country's wealthiest promoter as his stake in Reliance is now worth Rs 3.25 trillion!

YES Bank: Rs 5,500-crore kickback charge slapped on Rana Kapoor

YES Bank: Rs 5,500-crore kickback charge slapped on Rana Kapoor

Rediff.com7 May 2020

Other than Kapoor, the complaint, running into more than 10,000 pages, named his wife, Bindu; three daughters Rakhee, Roshini, and Radha; and three firms, Morgan Credits, RAB Enterprises, and Doit Urban Ventures, allegedly controlled by them.