Articles about Anil Ambani

Yesterday, Rahul Gandhi criticized BJP for not developing projects launched by the UPA government.

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.

The bombshell, which former French President Francois Hollande dropped about the Rafale deal, has snowballed into a full-blown political controversy, with the opposition demanding Prime Minister Narendra Modi's resignation and Centre denying all charges.

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.

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.

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.

The Supreme Court adjourned hearing on a plea seeking a stay on the Rafale fighter jet deal between India and France.

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".

Congress President Rahul Gandhi has alleged that the judiciary and Election Commission were being "torn apart" under the BJP government and PM Narendra Modi was keeping mum on grave issues confronting the nation.

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.

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.

Away from the cameras' flash and the eyes of her fans, Sridevi's body made its way to a simple mortuary in UAE, where one man helped sign out her remains to return home.

Since the news of Sridevi's death broke, fans have been waiting outside her residence in Mumbai to pay their respects.

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.

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.

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.

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

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.

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.

Mulayam Singh Yadav, SP patriarch, celebrates his 79th birthday today.

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

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

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.

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

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.

The Telecom sector is currently going through a big reshuffle. Reliance Jio has majorly disrupted the already financially ailing sector.

There will be a general consensus if one says that the history of Indian telecom can now be broken down into two very distinct time frames, one that was before Jio and the other after Jio.

According to the latest report by telecom regulator TRAI, Reliance Jio broke its erstwhile record of 18.48 Mbps and clocked in a high download speed of 19.12 Mbps, topping the 4G network speed chart for the month of April.

In his media briefing today, Anil Ambani announced that the merged entity of RCom and Aircel has been named Aircom. RCom will hold 50% stake in the newly formed company.

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

Reliance Communications has said the Competition Commission of India has approved the de-merger of its wireless division into Aircel Ltd and Dishnet Wireless Ltd.

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.

Sources said Reliance Defence and Engineering Ltd signed an agreement with the US Navy for undertaking service, maintenance and repair of the Seventh Fleet of the US Navy at the Reliance Shipyard in Gujarat.

The SC has refused to probe P. Chidambaram's role in the 2006 Aircel Maxis deal at this stage, giving BJP leader Subramanian Swamy two weeks to present credible evidence of illegality allegedly committed by Chidambaram.

A livid SC bench threatened to end the proposed merger of Aircel with Reliance Communications and to sell the spectrum allocated to Aircel.

The Enforcement Directorate (ED) today moved the Supreme Court against a trial court's decision to acquit the Maran brothers in the Aircel-Maxis case.

A special court on Thursday acquitted all those who were accused in the Aircel-Maxis case, including former Telecom Minister Dayanidhi Maran and his brother Kalanithi Maran.

Telecom operator Aircel has asked the SC not to halt its operations in the country, saying it had no control over the actions of its parent company Maxis, and its promoter T Ananda Krishnan.

The Competition Commission of India (CCI) announced that it had approved the joint venture between French aircraft manufacturer, Dassault Aviation SA and Anil Ambani-led Reliance Group.