'No sovereign guarantee, no bank guarantee, no escrow account, yet a huge amount was paid as advance'
Bollywood grieves for Krishna Raj Kapoor.
The Reliance Industries Ltd board, under the chairmanship of Mukesh Ambani, on Monday fully supported the buyback of shares brushing aside the criticism and objections raised by vice-chairman Anil Ambani
The war of words between the two Ambani camps intensified on Sunday, with Anil Ambani's supporters claiming that Mukesh Ambani had rejected mediatory moves by his mother Kokilaben and sisters Dipti and Neena
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.
The guests have started coming in.
The IPCL board, headed by Mukesh Ambani, on Thursday requested Anil Ambani to reconsider resignation as Vice-chairman and director of the company, sources said.
Congress MPs Sanjay Nirupam and Priya Dutt on Monday led a protest morcha outside the Reliance Energy office in suburban Kandivli, seeking reduction in power tariffs in the metropolis.
Japan's largest life-insurer, Nippon Life is eyeing 26 per cent stake in Anil Ambani-owned Reliance Life Insurance Co.
Anil Ambani will take over as the chairman of Pipavav Defence
These businessmen represent the top five firms that have taken loans from the crisis-hit Yes Bank and these debts were either in the red or were stressed, officials said.
Reliance Infrastructure is fully geared to deliver the project in 60 months from the appointed date of June 24, 2019, as per the contract, Reliance Infrastructure said in a BSE filing.
While Panama and Paradise Papers had majorly focused on foreign entities created by entities, corporates or individuals overseas, Pandora is about the new method adopted by wealthy elites by setting up multiple layered complex trust structures.
Debt-ridden firm Reliance Capital on Monday objected to the proposed 33.12 per cent stake sale of Prime Focus Ltd (PFL) by Credit Suisse to PFL's promoter group at Rs 44.15 per share. Anil Ambani's Reliance Group company Reliance Capital in a statement termed the proposed transaction as a blatant abuse of the purported rights by Credit Suisse under certain lending agreements with the RCAP Group. However, Reliance Capital did not share the details of the "blatant abuse of the purported rights".
Here's a quick at the two cousins, Akash and Anmol.
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.
Dubey demanded the removal of Tharoor, alleging that he was using his position in a discriminatory manner.
With this service, the journey on the 11.4 km Versova-Andheri-Ghatkopar stretch will reduce to 20 minutes
The Rafale deal issue and the Kashmir situation also came up during the Congress president's 30-minute-long interaction.
MoD dismissed the report saying it draws 'conjectural connection between tax exemption to a private company and procurement of Rafale jets'.
Presenting pics from Akash Ambani and Shloka Mehta's grand wedding reception hosted in Mumbai.
Gandhi stepped up the attack a day after Bharatiya Janata Party intensified its "Main bhi chowkidar" campaign with Modi and other party leaders, including its president Amit Shah prefixing the word chowkidar to their names in their Twitter profile.
The discussions are 'indicative and non-binding' in nature.
Amar Singh built an extensive network for the party, and was often spotted with celebrities, from the Bachchans to Anil Ambani to Subrata Roy.
Celebrity fitness expert Rujuta Diwekar took questions from you, our dear readers, on how to stay fit.
State govt aims to make Hyderabad a 4G WiFi-enabled city by December.
Alleging that there has been an enormous cost escalation in the Mumbai Metro Rail project, Bharatiya Janata Party (BJP) has demanded that Maharashtra government should conduct a special audit to find out the `real cost'.
He said all his phones have been tapped and his friends informed by intelligence people that this is being done.
Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.
Six months after an infrastructure deal with brother Anil Ambani, Mukesh Ambani has now joined hands with Sunil Mittal.
Billionaires pay trainers up to Rs 5,000 per hour to keep them in top physical shape.
The RBI is expected to issue only a few bank licences after completing due diligence.
Mukesh and Anil will announce two more infrastructure-sharing agreements by mid-June.
Ang Lee's Life of Pi and Steven Spileberg's Lincoln, produced by Anil Ambani's Reliance-Dreamworks emerge as frontrunners in Oscar 2013 race.
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