Anil Ambani: News

Anil Dhirubhai Ambani is an Indian businessman. He is the Chairman and founder of the Reliance ADA group. He was born on June 4, 1959, in Mumbai. He is the son of Dhirubhai Ambani and Kokilaben Ambani. He is the younger brother of Mukesh Ambani. He leads companies like Reliance Capital, Reliance Infrastructure, Reliance Power and Reliance Communications.

SC upholds key IBC provisions on RP role and moratorium

The Supreme Court, on Thursday, upheld provisions of the Insolvency and Bankruptcy Code (IBC) 2016, relating to the appointment of a resolution professional (RP), the adjudicatory process, and the interim moratorium.

ED grills Anil Ambani over FEMA violation

Industrialist and Reliance ADA Group Chairman Anil Ambani on Monday reportedly appeared before the Enforcement Directorate (ED) in connection with a case of alleged violation of the Foreign Exchange Management Act (FEMA), 1999.

11 Feb 2023


Delhi L-G removes two AAP nominees from power discom boards

Delhi Lieutenant Governor (L-G) VK Saxena on Saturday removed two Aam Aadmi Party (AAP) government nominees from the boards of private power distribution companies (discoms), NDTV reported.

26 Mar 2022

Reliance Industries

What is Anil Ambani's total net worth

Anil Ambani, who's the chairperson of Reliance Group, stepped down as the director of Reliance Power and Reliance Infrastructure in 2022, following the Securities and Exchange Board of India's order (SEBI) forbidding him from associating with any listed company.

21 Feb 2022


Who is Khrisha Shah, wife of Anil-Tina Ambani's son Anmol?

Jai Anmol Ambani, the elder son of businessman Anil Dhirubhai Ambani, got married to Khrisha Shah in a dreamy affair on Sunday in Mumbai.

03 May 2021


Mahabaleshwar club asked to shut golf course after Ambani walk

Civic authorities at popular hill station Mahabaleshwar have asked a private club to shut down its golf course ground after a video of industrialist Anil Ambani taking a walk there went viral on social media.

26 Sep 2020

Mukesh Ambani

Had to sell jewelry to pay legal costs: Anil Ambani

Anil Ambani, once the world's sixth-richest man, told a court in London on Friday that he sold his jewelry to meet legal costs and that his expenses are being borne by his family, reports said.

26 Mar 2020

Mukesh Ambani

Facebook likely to acquire 10% stake in Reliance Jio

After Meesho and Unacademy, Facebook is looking to invest in Reliance Jio to make another big move in the Indian market.

ED summons Anil Ambani over Yes Bank money laundering probe

Reliance Group Chairperson Anil Ambani was on Monday summoned by the Enforcement Directorate in connection with its money laundering case against Yes Bank founder Rana Kapoor.

12 Feb 2020

Narendra Modi

Vijay Mallya, Nirav Modi, Anil Ambani may lose these assets

In a bid to recover debt from Indian tycoon owners of bankrupt companies, creditors are now looking at their personal possessions.

29 Jun 2019

Mukesh Ambani

See inside pics of Isha Ambani-Anand Piramal's house, Gulita

When business giant Mukesh Ambani's only daughter Isha got married to Anand Piramal, the Piramal Group scion, in her house, Antilia, the world's most expensive home, everyone saw the extravaganza.

Once 6th richest man, Anil Ambani isn't a billionaire now

Anil Ambani, the chairman of Reliance Communications, may have fallen out of the billionaire club.

18 Apr 2019


#Elections2019: Mukesh Ambani supports Congress candidate from Mumbai South

In a video released by Congress's Lok Sabha candidate from Mumbai South constituency Milind Deora, Mukesh Ambani was seen promoting the Congress leader. It's very rare of him to endorse any political candidate.

Government making things disappear: RaGa speaks on "stolen" Rafale documents

Stepping up his attack on Prime Minister Narendra Modi, Congress President Rahul Gandhi on Thursday said the job of current government was to "make things disappear".

01 Mar 2019


Rakhi Sawant is willing to destroy Pakistan with 50-100 bombs

The ongoing cross border tension between India and Pakistan has led to a surge in patriotism among Indians.

SC to Anil Ambani: Pay dues or go to prison

On Wednesday, the Supreme Court, while hearing Ericsson's case against Anil Ambani-led Reliance Communications for non-clearance of dues, found Ambani guilty of contempt.

Dichotomy of Kapil Sibal: Attacks Ambani outside court, defends inside

Senior Congress leader Kapil Sibal changed gears on Tuesday as he defended and attacked businessman Anil Ambani just minutes apart, prompting BJP to slam him.

13 Feb 2019

Narendra Modi

NDA's Rafale deal 2.8% cheaper than UPA's, finds CAG report

In what is sure to boost the confidence of BJP at Centre, the CAG report on Rafale deal, tabled in Rajya Sabha on Wednesday, underlined that India saved money.

SC to hear Ericsson's plea against Anil Ambani tomorrow

The Supreme Court today adjourned for tomorrow the hearing on a contempt notice issued to Reliance Communication Ltd (RCom) Chairman Anil Dhirubhai Ambani and others on a plea filed by Ericsson India for allegedly not clearing its dues of Rs. 550 crore.

13 Jan 2019

Narendra Modi

On 'mahila' remark row, RaGa says 'Don't impose your sexism'

Congress President Rahul Gandhi, whose remarks on Defense Minister Nirmala Sitharaman, sparked a huge controversy has asked the BJP to not impose 'their sexism on him' and maintained he would have made the same comment had it been a man.

04 Jan 2019

Narendra Modi

With gloves off, Nirmala Sitharaman defends Rafale-deal, but RaGa unimpressed

Defense Minister Nirmala Sitharaman defended the multi-crore Rafale deal on Friday in the Lok Sabha using all her might, but Congress President Rahul Gandhi wasn't satisfied.

18 Dec 2018


Won't let PM sleep until all agricultural loans waived: RaGa

Addressing India's distressed farmers directly from Parliament, Congress president Rahul Gandhi said today he will not let PM Narendra Modi sleep until all farm loans have been waived.

24 Nov 2018


#RafaleDeal: French NGO wants probe into Rafale deal, alleges corruption

A French anti-corruption NGO, Sherpa, has filed a complaint with the office of the French National Financial Prosecutor against the French government and Dassault Aviation, alleging corruption in the Rs. 59,000cr Rafale deal signed in September 2016.

20 Nov 2018

Narendra Modi

BJP, RSS know they won't win next LS polls: RaGa

Congress President Rahul Gandhi, at his first election rally at Champhai in Mizoram, today claimed that the RSS and the BJP know that they'll not win the 2019 Lok Sabha elections.

02 Nov 2018

Narendra Modi

RaGa alleges Dassault Aviation paid Rs.284cr bribe to Reliance Defense

Congress chief Rahul Gandhi today alleged that Dassault Aviation paid Rs. 284 crore to Anil Ambani's Reliance Defense as the "first installment of kickbacks".

11 Oct 2018


#RafaleDeal: RaGa demands probe against PM, calls him 'corrupt man'

Congress President Rahul Gandhi today demanded an investigation against PM Narendra Modi's role in the Rafale deal, alleging that he is a "corrupt man".

11 Oct 2018


#RafaleDeal: Report says Reliance was 'mandatory' for Dassault, French-company denies

In the ongoing controversy over Rafale Deal signed between India and France, a French media investigative journal Mediapart has found choosing Reliance was 'mandatory' for Dassault, but the company has dismissed the claims.

07 Oct 2018

Rahul Gandhi

Rahul attacks Ambani over Rafale deal; calls him PM's 'BFF'

Attacking industrialist Anil Ambani, Congress President Rahul Gandhi yesterday said one can land Rafale deal contracts worth "Rs. 1.3 lakh crore" if he is the PM's "BFF" (best friend forever).

03 Oct 2018

Narendra Modi

Rafale, a good package, will be game-changer for subcontinent: Dhanoa

Amid the raging row over the Rafale fighter jet, Indian Air Force chief Air Chief Marshal B S Dhanoa today clarified that the deal was a "good package" and the aircraft will be a "game-changer" for the subcontinent.

Rafale deal is India's 'largest defense scam', says Prashant Bhushan

Senior Supreme Court advocate Prashant Bhushan today in Chennai said Rafale deal is the "largest defense scam in India" and urged the Center to initiate a Joint Parliamentary Committee (JPC) probe into the matter.

22 Sep 2018

Narendra Modi

#RafaleDeal: Rahul fires fresh salvo, says Modi 'betrayed India's soul'

In a fresh attack on the Rafale issue, Congress President Rahul Gandhi alleged PM Modi and Anil Ambani jointly carried out a "surgical strike" on the defense forces.

22 Sep 2018

Narendra Modi

Rafale-deal: Hollande's bombshell catches BJP in crossfire, opposition strengthens attack

Comments of France former President Francois Hollande that Indian government proposed Anil Ambani's Reliance Defence as its partner in the multi-million dollar Rafale deal has caught the Narendra Modi led Centre in a crossfire, with the opposition demanding his resignation.

18 Sep 2018

Mukesh Ambani

Reliance Communications to exit telecom to focus on real estate

Billionaire Anil Ambani today announced that the cash-strapped Reliance Communications will be completely exiting the telecom business to concentrate on real estate in future.

26 Aug 2018

Rahul Gandhi

Reliance Group sues Congress-owned National Herald for Rs. 5,000cr

In yet another development in the Rafale deal case, Anil Ambani-owned Reliance Group has filed a Rs. 5,000cr defamation case against the Congress-owned National Herald newspaper, claiming that an article published by the paper was "libellous and derogatory".

23 Aug 2018

Reliance Industries

Rafale deal: Ambani asks Congress leaders to stop derogatory comments

Facing allegations of getting undue benefits from the multi-billion dollar Rafale deal, Anil Ambani-led Reliance Group has sent legal notices to several Congress leaders asking them to "cease and desist" from leveling such charges.

21 Aug 2018

Reliance Group

Rafale deal: Anil Ambani writes to RaGa, counters Rafale charges

In a letter, Anil Ambani has written to Congress chief Rahul Gandhi, he maintained that malicious actors with vested interests "misinformed, misdirected, and misled" the Indian National Congress on the controversial Rafale deal.

28 Dec 2017

Mukesh Ambani

Mukesh Ambani's Reliance Jio buying brother Anil's RCom wireless assets

As expected, Mukesh Ambani's Reliance Jio is taking over the wireless assets of his brother Anil's Reliance Communications, which is burdened with a massive Rs. 45,000cr-debt.

27 Dec 2017

Reliance Jio

RCom to exit SDR, reduce debt by Rs. 39,000cr: Ambani

Anil Ambani-owned Reliance Communications has announced it would exit the ongoing Strategic Debt Restructuring (SDR) scheme of its lenders by selling its Rs. 25,000cr-worth telecom assets, including towers, spectrum and optical fiber by Mar'18.

22 Dec 2017


Reliance Infra's power-business sold to Adani Transmission for Rs. 18,800cr

In a bid to become debt-free, Anil Ambani-owned Reliance Infrastructure has reportedly entered into a Definitive Binding Agreement with Adani Transmission to sell its Mumbai power business for Rs. 18,800cr.

28 Nov 2017

Bombay High Court

More trouble for RCom: China Development Bank files insolvency case

There's more trouble brewing for Anil Ambani's debt-ridden Reliance Communications as China Development Bank (CDB) filed an insolvency case against it.

27 Nov 2017


What would $1,000 in Bitcoins in 2010 be worth today?

Lately, there has been a lot of buzz surrounding the world's oldest and biggest cryptocurrency, Bitcoin; its value has been growing at a rapid pace.

25 Nov 2017


Where do Ambani brothers stand 11 years after split?

Mukesh Ambani's Reliance Industries recently raised $800-million (Rs. 51.66-billion) -to reduce its massive debt of Rs. 2.14-trillion to some extent- through the sale of 10-year bonds overseas at the cheapest rate for a non-financial Indian issuer.

16 Nov 2017


Indians dominate Forbes 2017 list of Asia's 50 richest families

Seventeen Indian business dynasties have made it to the Forbes 2017 list of Asia's 50 Richest Families.

15 Nov 2017


Congress alleges "huge scam" in $8.7bn Rafale deal

The Congress party has alleged that a "huge scam is brewing" in the deal to purchase 36 Dassault Rafale fighters for $8.7 billion.

25 Oct 2017


Reliance Communications to shut down 2G operations, cut several jobs

The Anil Ambani-owned Reliance Communications has reportedly decided to shut down its 2G mobile services within a month and terminate thousands of employees by 30 November.

02 Oct 2017

Idea Cellular

RCom cancels merger with Aircel, says it was mutual

Due to the disruption caused by Jio in the already financially strained telecom sector, some players decided to merge in order to survive.

28 Sep 2017


R-Infra will participate in bullet train project, says Anil Ambani

At Reliance Infrastructure's 88th AGM, Reliance Group chairman Anil Ambani said that R-Infra's arm Reliance Naval and Engineering will soon come out with a rights issue.

30 May 2017

Mukesh Ambani

RCom is hurting and it's not only the debt burden

This could have been the premise of a Bollywood potboiler but it isn't.

15 Feb 2017

Manohar Parrikar

Bengaluru: Rumours on demonetization of Rs 10 coins create panic

Rumours about demonetization of Rs 10 coins spread in Bengaluru, creating chaos as more and more citizens found it difficult to use their coins for payment.

26 Jan 2017


INOX is leading bidder for SRS cinemas

INOX Leisure Limited (INOX) is reportedly the highest bidder for SRS Cinemas.

24 Dec 2016


RCom-Brookfield deal: Investors see no upside

Reliance Communication's deal with asset management group Brookfield Infrastructure to sell its tower business hardly excited any investors.

25 Nov 2016


Zee snags Reliance Group's radio and television businesses

Anil Ambani-led Reliance Group is selling 49% of its stake in the company's radio business and a 100% stake in its TV business to Zee Group, reports said.

14 Nov 2016


Reliance Infra's profits surge this quarter

Anil Ambani-led Reliance Infrastructure posted a 34% surge in profits for their second quarter in the financial year 2016-2017.

27 Sep 2016

Reliance Group

Reliance Capital's AGM and its seven big takeaways

Reliance Capital, led by Anil Ambani, held its Annual General Meeting today, which listed out interesting takeaways on the changes in the financial company.