Reliance Industries Vice Chairman Anil Ambani would contest the Rajya Sabha elections as an independent candidate from Uttar Pradesh, an associate of Ambani said in New Delhi on Wednesday.
The Anil Dhirubhai Ambani Group on Thursday announced it that would build the world's largest next generation under-sea cable network with an investment of $1.5 bn (about Rs 7,000 crore) over the next three years.
India's Anil Ambani has emerged as the biggest wealth creator while Warren Buffet is labelled as the richest man. With wealth soaring by $23.8 billion since the last list, Anil has come out as the biggest gainer.
While RCom owes Indian banks close to Rs 45,000 crore, Ambani has lost close to $408 million of personal wealth year-to-date until Tuesday.
NCLAT chairman Justice S J Mukhopadhaya dismissed the pleas against Ambani and officials after observing that consent terms agreed upon between RCom and minority shareholders for payment of dues cannot be a ground for initiation of contempt proceedings.
Reliance vice chairman Anil Ambani has sought a government probe into tapping of his phones by "unscrupulous individuals" working for Reliance Infocomm, headed by his elder brother Mukesh, even as the camps of two brothers are negotiating a settlemen
Reliance Industries vice chairman Anil Ambani on Thursday met Pradeep Baijal, chairman of Telecom Regulatory Authority of India.
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.
Watch out for "3Cs -- chamchas, chelas and cronies," Anil mbani said in a subtle message amid battle for control of Reliance empire with his elder brother Mukesh.
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.
Amid the controversy over 'ownership issue', Reliance Industries vice-chairman Anil Ambani on Wednesday skipped a World Bank conference on 'Improving India's Investment Climate'.
According to one calculation, Reliance Power IPO is likely to gain close to $27 billion for Anil Ambani, which when combined with the existing market capitalisation of his companies will work out to be close to $75 billion!
People who know Mr Ambani, estimated by Forbes as the world's sixth richest man with a net worth of about $42bn, say the deal is typical of his aggressive style.
Whether it was the issue of the treasury stock (which came about when Reliance Industries Limited and Reliance Petroleum merged), or the dependent nature of so-called independent directors of RIL, or the opaque structuring of conflict-of-interest deals, Anil Ambani came out with guns blazing, accusing his older brother Mukesh of trying to diddle the shareholders of the company their father had built.
Rahul accuses govt of weakening HAL to benefit Anil Ambani while Sitharaman said doubts raised over HAL contracts are misleading.
As the wrangle over the energy deal continues between Ambani brothers, younger brother Anil Ambani has opted to go on a religious tour of South India.
Ambani's resignation follows a recent spate of resignations from the Upper House over the office of profit issue.
The government and the ruling Bharatiya Janata Party have dismissed the Pegasus Project reports as concocted and evidence-less.
In a media statement, RIL said that Anil Ambani is carrying out an orchestrated campaign to prejudge a legal dispute. Refuting Anil's allegations, the RIL statement said that Anil's outburst is an attempt to malign RIL and venerable public institutions.
Reliance ADAG Chairman Anil Ambani will have to appear as a CBI witness in the 2G scam case with the Supreme Court on Wednesday refraining from passing any order and the trial court dismissing a plea for deferring his deposition scheduled tomorrow.
There is nothing much for Anil Ambani group firm Reliance Natural Resources Ltd to renegotiate with Reliance Industries Ltd, as the price and quantity of gas it is seeking will be dictated by the government policy and the tenure of supply will depend on life of the fields.
Finance Minister Pranab Mukherjee's Budget speech on Friday brought closer to reality, billionaire industrialist Anil Ambani's dream of entering the banking sector.
Ambani, a Rajya Sabha member, had written to the Centre about two months ago requesting necessary action, sources said.
He was childlike with a camera in his hands -- not nave, but wonderstruck, as though the world were always on the verge of delivering something unrepeatable. Pulitzer Prize nominee Namas Bhojani recalls his long association with Raghu Rai, the legendary photographer who passed into the ages on Sunday.
Deals between the two could earn RCom Rs 14,000 cr, says Anil Ambani.
On the eve of the Board meeting of the Reliance group company IPCL, Anil Ambani has stepped up pressure against Anand Jain, a close associate of his elder brother Mukesh, by demanding an 'independent' report on Jain's business dealings with the compa
Stickers defaming industrialist Anil Ambani and his Group ADAG were found pasted at various locations in suburban Bandra.
Industrialist Anil Ambani will meet West Bengal Chief Minister Buddhadeb Bhattacharjee in Kolkata on August 18 to discuss a host of investment proposals, including a Light Rapid Transport System.
Ambani remained at the CBI headquarters for nearly two hours in connection with the agency's investigation into the 2G scam. The media was told he went to the CBI HQ because the Bureau had sought clarification on certain documents relating to Swan Telecom -- one of the companies allegedly involved in the 2G scam. But couldn't one of his company directors have gone instead to explain?
Clashing over Reliance Industries's gas field cost, an Anil Ambani group firm on Wednesday questioned the credibility of audits commissioned by the Directorate General of Hydrocarbon, evoking sharp protest from the regulator.
Reliance Communications (formerly Reliance Infocomm) Chairman Anil Ambani was on Friday summoned by a city consumer forum to personally appear before it on August 30 in connection with a complaint.
Rahul has singled out Anil Ambani several times for winning the Rafale defence contract from the Narendra Modi government, alleging favouritism and corruption.
The FIR was lodged by the Lucknow Gurudwara Prabandhak Committee after an emergent meeting held in Lucknow on Monday, official sources said on Tuesday.
In a free-wheeling interview with Jyoti Mukul, Sibal makes a case for his innocence and blames the media campaign by the Anil Ambani group for the current controversy.
The 21-year-old woman, who has been doing her chartered accountancy articleship at Manoj Daga & Company in Hyderabad, was booked under relevant sections of Information Technology Act on September 7, after a preliminary investigation and faces arrest in the case.
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