Anil Ambani had given a personal guarantee to the loans given by SBI to Reliance Communications and Reliance Infratel in August 2016.
Pace spearhead Kagiso Rabada produced an inspired bowling performance to lead MI Cape Town to their maiden SA20 title with a comfortable 76 runs victory over two-time champions Sunrisers Eastern Cape in the final at the Wanderers in Johannesburg on Saturday.
Billionaire Gautam Adani's group is said to be planning a surprise entry into the race to acquire telecom spectrum, which will pitch it directly against Mukesh Ambani's Reliance Jio and telecom czar Sunil Bharti Mittal's Airtel, sources said. Applications for participating in the July 26 auction of airwaves, including those capable of providing fifth-generation or 5G telecom services such as ultra-high-speed internet connectivity, closed on Friday with at least four applications. Jio, Airtel and Vodafone Idea -- the three private players in the telecom sector -- applied, three sources with knowledge of the matter said.
Billionaire Mukesh Ambani's Reliance Industries Ltd has spent $13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer facing verticals. Last week, Reliance bought oncology platform Karkinos Healthcare for Rs 375 crore, adding another stack to its diagnostic and digital healthcare ecosystem, Morgan Stanley said in a report.
The Congress continued its losing spree on Saturday posting its worst-ever show in Maharashtra and ending up a distant junior partner to the ruling Jharkhand Mukti Morcha in Jharkhand, further diminishing its role in the opposition bloc as other allies perform better.
The Delhi high court on Thursday put on hold the insolvency resolution process (IRP) proceedings against Reliance Communications (RCom) chairman Anil Ambani in relation to the recovery of Rs 1,200 crore loans given by SBI to his two firms. Ambani had given personal guarantees for the Rs 565 crore and Rs 635 crore SBI loans to RCom and Reliance Infratel Ltd (RITL), respectively, in August 2016.
Stars don't wait for the weekend to party. So Manish Malhotra's grand Diwali party was held midweek, on a Wednesday, and everybody -- Ananya Panday to Alia Bhatt to Kiara Advani-Sidharth Malhotra -- turned up!
Billionaire Mukesh Ambani on Monday pressed for bridging the digital divide "both among nations and within nations", saying connectivity and communications have become the fundamental rights of every person. Also, there is a need to bring back the economies around the globe. Speaking at the Qatar Economic Forum, he said it is difficult to imagine what India would have been without the 4G telecom network during the pandemic. "The digital divide must be bridged, both among nations and within nations.
There's clearly no limit to how dramatic a wedding can be.
It could well be one of the richest weddings this year.
The central agency had earlier arrested four persons, including two Mumbai police officers -- Sachin Waze and Riyaz Kazi -- in connection with these cases.
Maharashtra home minister Anil Deshmukh told news channels that the vehicle, a Scorpio van, was found some distance away from the multi-storey residence of Ambani, the chairman of Reliance Industries.
MI staged a coup on Day 1, by winning the bid for Trent Boult, bringing him back into the fold.
India's most valuable company Reliance Industries was once fined for producing more than its licensed capacity, its owner and richest Indian Mukesh Ambani said on Monday as he pitched for a push to manufacturing to make the country 'Aatmanirbhar' or self-reliant.
Nita Ambani exudes grace, warmth and power on the cover of Femina.
Wedding Designer Devika Narain and Wedding Photographer Joseph Radhik offer an intimate look at their beautifully curated home.
Competition Commission of India on Wednesday said it has approved the merger of the media assets of Reliance Industries and Walt Disney Co to create the country's largest media empire. The deal, announced six months ago, has been cleared by the CCI with certain modifications proposed by the two parties.
Addressing a rally in Mhow on Monday, Gandhi said Dalits, backwards and tribals had no rights before Independence, when "only maharajas and rajas enjoyed rights".
It is not clear if it was the same Innova that was following the explosives-laden Scorpio before the latter was parked near Ambani's residence in south Mumbai on February 25.
Radhika Merchant and Anant Ambani's sangeet ceremony saw the who's who of Bollywood in attendance.
Film folk looked like a million bucks at Radhika Merchant and Anant Ambani's wedding festivities. But apart from the designer saris and lehengas, the ladies wore some exquisite jewellery pieces too.
'The top 10 per cent of the population should adopt and handhold the bottom 20 per cent of the population as a social responsibility.'
How can Bollywood not make its presence felt at an Ambani event?
Clad in gold, the ever youthful star looked glamorous as always.
People from different walks of life gathered outside the residence of Ratan Tata in south Mumbai on Thursday morning to pay their respects to the veteran industrialist, who died in a hospital in Mumbai.
Global supermajor BP Plc's exclusivity with Reliance Industries Ltd has ended but the energy giant will continue to pursue oil and gas as well as mobility ventures in India with the Mukesh Ambani firm owing to an unwritten strategic partnership, BP's outgoing India head Sashi Mukundan said. BP in 2011 spent $7.2 billion to acquire 30 per cent interest in 23 oil and gas blocks of Reliance. Eastern offshore KG-D6 block was the cornerstone of the deal that also provided for a 10-year exclusivity period which meant that BP would take up energy projects or investments in India only in partnership with Reliance.
He was colourful. He was dramatic. He was The Master of His Craft. There never will be an editor as versatile as Pritish Nandy, notes Nikhil Lakshman.
The first wedding card was offered by Ambani family at Siddhivinayak temple in Mumbai.
The government and the ruling Bharatiya Janata Party have dismissed the Pegasus Project reports as concocted and evidence-less.
India's second richest person Gautam Adani received a total remuneration of Rs 9.26 crore in the fiscal year ended March 31, 2024, lower than most industry peers as well as his own key executives.
The Delhi assembly results have underscored that a section of Arvind Kejriwal's committed supporters abandoned him because they were let down by his refusal to take a stand on crucial issues that impinge on the security and Constitutionally enshrined rights of the people, notes Nilanjan Mukhopadhyay.
An organisation named Jaish-ul-Hind has claimed the responsibility of placing an explosives-laden SUV near industrialist Mukesh Ambani's house in south Mumbai, police said on Sunday.
He, however, seemed to indicate that he did give a personal guarantee to India's largest lender SBI, which has moved the NCLT to recover Rs 1,200 crore.
The celebrations have begun for the next big fat wedding in town.
The Maharashtra government has declared a day of mourning in the state on Thursday to pay tributes to industrialist Ratan Tata, the Chief Minister's Office said.
Security was beefed up on Monday outside industrialist Mukesh Ambani's south Mumbai residence after a taxi driver informed the police that two suspected passengers carrying bags with them had asked him about the location of 'Antilia', an official said.
Sebi on Wednesday imposed a total penalty of Rs 25 crore on Mukesh Ambani, Anil Ambani, other individuals and entities for non-compliance with takeover norms in a Reliance Industries case dating back to 2000.
The wedding saw the entire family come together, dance and bless the newly wed couple.
whenever the actress has stepped out, she's made sure to keep it stylish and uber glam.
Congress leader Rahul Gandhi launched a scathing attack on Prime Minister Narendra Modi and former Delhi Chief Minister Arvind Kejriwal, accusing them of neglecting the welfare of backward sections, Dalits, tribals, and minorities. Gandhi promised a caste census in Delhi if the Congress forms the government, echoing his national call for removing the 50 percent cap on reservations. He also criticized Kejriwal's governance, drawing parallels with Modi's alleged reliance on propaganda and false promises. The Congress and AAP are part of the INDIA bloc, but are contesting the upcoming Delhi assembly polls separately. Gandhi's speech highlights the growing political tension ahead of the polls, where the Congress aims to regain its foothold in Delhi.
