Anil Ambani group on Monday said the oil ministry's interference in marketing and pricing dampened investor interest in India's auction of oil and gas blocks and its chairman had warned the Prime Minister about the same.
The anxiety among investors over the outcome of the bitter battle between Mukesh Ambani-led RIL and his younger brother Anil Ambani group on gas came to an end on Friday, with the Supreme Court ruling that the government had the last word.
Pointing out to the 133-acre Dhirubhai Ambani Knowledge City on the outskirts of the financial capital, he said there is huge realty play opportunity that RCom's erstwhile corporate headquarters possesses, and pegged the potential value creation at the site at Rs 25,000 crore.
Mumbai police's elite crime branch has come under fire from a special court for its "biased" probe into the alleged sabotage of business tycoon Anil Ambani's helicopter.
The opposition does not have any issue left so it is raking up Rafale deal issue, Rajnath Singh said.
CBI had to cross-examine him as Ambani 'changed his statement'.
The star-studded, pre-wedding festivities of Radhika Merchant and Anant Ambani spilled over to Day 3, as celebs continued to have a grand time in Jamnagar.
The Reliance Infocomm launch, an aggressive advertisement and the thrust into varied areas spell out the AmbanisÂ’ big dream. But the absence of Anil Ambani at the launch has puzzled many, says Sucheta Dalal.
The 'Pran Pratishtha' of the idol of Ram Lalla -- the childhood form of Lord Ram -- will be attended by people from all walks of life, including representatives of major spiritual and religious sects of the country and of various tribal communities and prominent personalities.
Mukesh and Anil Ambani have yet again made it to a list of richest people compiled by Forbes, only this time the recognition has been bestowed on them because of their running feud. "Sometimes fighting has a silver lining, as has been the case for Indian brothers Mukesh and Anil Ambani," the US business magazine wrote about the two siblings in a report on the latest list - 'Billionaire Family Feuds'.
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.
India is considering allowing new private sector banks, including by industrial houses, and a roadmap for the same could be announced in the annual Union Budget to be presented later this month.
Besides paying his respects to Ram Lalla, the megastar, who was accompanied by his son Abhishek, was seen rubbing shoulders with quite a few dignitaries.
Chinese banks -- China Development Bank, China Exim Bank and Industrial and Commercial Bank of China (ICBC) -- will get a lion share of 30 per cent or Rs 7,000 crore in RCOM/RTL/RITL resolution plan, with the DoT getting nothing if the proposed plan goes ahead.
Jamnagar, a city in Gujarat, got a ringside view of how Bollywood parties when stars got together for the pre-wedding ceremony of Anant Ambani and Radhika Merchant on Friday.
Anil Ambani group counsel Mukul Rohtagi said he had no objection.
The director leaves Viacom's Paramount studio for a $1.2 billion deal to launch his own filmmaking company with the India entertainment group.
Mukesh and Anil will announce two more infrastructure-sharing agreements by mid-June.
Stepping up the attack on his elder brother Mukesh Ambani, Reliance Industries' vice-chairman and managing director Anil Ambani on Thursday said shares of all group companies were "usually under-valued" because of absence of corporate governance and
The junior Ambanis - Anmol and Anshul - were inducted on the board to respect the wishes of the shareholders who during the recent AGM asked the management to get fresh blood into the company by bringing them on board.
Welcoming the amendments proposed by the government to its petition on the Ambani gas row, Anil Ambani on Tuesday said his group company RNRL's dispute with Mukesh-led RIL was commercial and pertained to the demerger of the Reliance businesses.
Anil Ambani's Reliance Infrastructure Ltd has slashed its standalone debt by 87 per cent to Rs 475 crore after it cleared outstanding dues of Life Insurance Corporation of India, ICICI Bank and other lenders, the firm said on Wednesday. In stock exchange filings and press statements, Reliance Infrastructure said its standalone external debt has reduced from Rs 3,831 crore to Rs 475 crore. "Consequently, the net worth of the company will stand at Rs 9,041 crore."
Presenting pics from Akash Ambani and Shloka Mehta's grand wedding reception hosted in Mumbai.
In a new twist to the ongoing battle between the Ambani brothers, younger sibling Anil Ambani on Tuesday questioned the role of Nikhil Meswani
Reliance Industries Ltd chairman and managing director Mukesh Ambani met Prime Minister Manmohan Singh
The latest Ambani-sibling fight has now become a political battle.
After attending the pran pratishtha ceremony at the Ram temple in Ayodhya on January 22, film folk were spotted at the Mumbai airport, as they made their way home.
Uday Warikar and Balraj Phevar, employees of Air Works India Engineering Pvt Ltd that maintained Ambani's helicopter, were arrested on Monday and sent to police custody till May 15. The two were technical helpers at Air Works.
In a major development, the two Ambani brothers -- Mukesh and Anil -- on Sunday decided to bury their differences and create an environment of harmony, co-operation and collaboration between their groups. "All existing non-compete agreement between the two groups executed in January 2006 cancelled," the Anil Ambani group said in a statement. The harmony comes within a few days of the Supreme Court declining to give any relief to the younger brother in the gas dispute.
The revised GSMA was signed pursuant to the Supreme Court's May 7 judgement, turning down RNRL's demand for cheap gas from RIL based on a family agreement.
Reliance Industries Ltd vice chairman Anil Ambani on Wednesday fired another salvo at his elder brother Mukesh, accusing a key director of one of the group companies of sullying the group's image.
Anil Ambani on Wednesday produced much mirth at an investment meet here when he greeted his elder brother Mukhesh Ambani.
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