Articles about Anil Ambani

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.

BJP hasn't developed any UPA project: Rahul in Amethi

25 Sep 2018

Politics
BJP hasn't developed any UPA project: Rahul in Amethi

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

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

23 Sep 2018

India
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.

Rafale-deal: Government's defense and opposition's attacks make political discourse ugly

23 Sep 2018

Politics
Rafale-deal: Government's defense and opposition's attacks make political discourse ugly

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.

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

22 Sep 2018

India
#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.

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

22 Sep 2018

India
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.

Reliance Communications to exit telecom to focus on real estate

18 Sep 2018

Business
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.

SC adjourns hearing on PIL seeking stay on Rafale deal

18 Sep 2018

India
SC adjourns hearing on PIL seeking stay on Rafale deal

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

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

26 Aug 2018

Business
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".

Modi govt has torn apart judiciary, Election Commission: Rahul Gandhi

26 Aug 2018

World
Modi govt has torn apart judiciary, Election Commission: Rahul Gandhi

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.

Rafale deal: Ambani asks Congress leaders to stop derogatory comments

23 Aug 2018

India
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.

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

21 Aug 2018

Business
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.

Meet the man who helped bring Sridevi's body come home

28 Feb 2018

India
Meet the man who helped bring Sridevi's body come home

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.

Fans rush to Sridevi's house, but funeral to be delayed

26 Feb 2018

India
Fans rush to Sridevi's house, but funeral to be delayed

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

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

28 Dec 2017

Business
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.

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

27 Dec 2017

Business
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.

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

22 Dec 2017

Business
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.

More trouble for RCom: China Development Bank files insolvency case

28 Nov 2017

Business
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.

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

27 Nov 2017

Business
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.

Where do Ambani brothers stand 11 years after split?

25 Nov 2017

Business
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.

Mulayam Singh: The man who knows the pulse of UP

22 Nov 2017

Politics
Mulayam Singh: The man who knows the pulse of UP

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

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

16 Nov 2017

Business
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.

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

15 Nov 2017

India
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.

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

25 Oct 2017

Business
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.

RCom cancels merger with Aircel, says it was mutual

02 Oct 2017

Business
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.

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

28 Sep 2017

Business
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.

Indian telecom sector will become a four-operator market, says survey

29 Jun 2017

Business
Indian telecom sector will become a four-operator market, says survey

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

How expensive are Reliance Jio "free" services?

15 Jun 2017

Business
How expensive are Reliance Jio "free" services?

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.

Reliance Jio leaves other telcos far behind in download speed

05 Jun 2017

Business
Reliance Jio leaves other telcos far behind in download speed

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.

Anil Ambani: RCom-Aircel merged entity to be called Aircom

02 Jun 2017

Business
Anil Ambani: RCom-Aircel merged entity to be called Aircom

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.

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

30 May 2017

Business
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.

CCI approves de-merger of wireless division, says RCom

21 Mar 2017

Business
CCI approves de-merger of wireless division, says RCom

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.

Bengaluru: Rumours on demonetization of Rs 10 coins create panic

15 Feb 2017

Bengaluru
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.

Reliance, US Navy sign warship repair contract

15 Feb 2017

Business
Reliance, US Navy sign warship repair contract

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.

SC gives Swamy two weeks to present evidence against Chidambaram

11 Feb 2017

Business
SC gives Swamy two weeks to present evidence against Chidambaram

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.

SC threatens to auction Aircel if Krishnan continues to abscond

04 Feb 2017

Business
SC threatens to auction Aircel if Krishnan continues to abscond

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

ED moves SC against Maran brothers in Aircel-Maxis case

03 Feb 2017

Business
ED moves SC against Maran brothers in Aircel-Maxis case

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.

All accused in Aircel-Maxis case acquitted

02 Feb 2017

Business
All accused in Aircel-Maxis case acquitted

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.

Aircel to SC: Don't shut our operations

30 Jan 2017

Business
Aircel to SC: Don't shut our operations

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.

CCI gives its nod to Reliance-Dassault joint venture

29 Jan 2017

Business
CCI gives its nod to Reliance-Dassault joint venture

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.

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