Page 8 - Anil Ambani

Reliance Communications unit misses bond payment, files for bankruptcy

GCX Ltd., which owns the world's largest private undersea cable system, is the latest company owned by Anil Ambani to stumble.

Anil Ambani-led Reliance Nippon Offer for sale gets oversubscribed

Maximum bids came at Rs 267 per share, higher than the floor price of Rs 262

Anil Ambani's Reliance Capital inches closer to exiting mutual fund biz

At present, Reliance Capital holds 32.12 per cent stake in Reliance MF

Anil Ambani's Reliance Capital ends talks with Hero Fincorp on insurer sale

The sale of the fully-owned insurance unit is crucial for Anil Ambani

Top 10 biz headlines: Truck sales fall 60%, GST cut for hybrid cars & more

From sales of medium and heavy commercial vehicles falling by over half in Aug to the GST Council considering a breather for hybrid vehicles in its upcoming meeting, here is today's top business news

Anil Ambani's Reliance Naval risks insolvency as banks say no to debt plan

The risk of bankruptcy reemerged for the submarine maker after it failed to come up with a repayment plan even under the RBI's relaxed norms

Anil Agarwal's Twin Star Tech not to bid for RCom assets: Report

"Twin Star Technologies will not bid for RCom assets. The company is likely to make a formal announcement in the regard shortly," the source said

Reliance's gen next: Mukesh Ambani grooms heirs to his $50 billion fortune

Mukesh Ambani has credited his children, Isha and Akash, with helping to nudge him into the internet business.

Trouble for Anil Ambani: BSR resigns as RPower, RInfra's statutory auditor

Cites concerns raised in FY19 audit reports as reason

RCom unit seeks extension from holders as maturity looms for dollar bonds

GCX's attempts for a pact with bondholders comes on the heels of Suzlon Energy Ltd., an Indian wind-turbine maker, missing repayment of $172 million outstanding convertible notes last week

NSE removes Anil Ambani group firms RInfra, RCap from F&O segment

After the expiry of existing contracts in September, no further derivative contracts will be issued for these two securities

RCap pledges 22% stake in Anil Ambani group's mutual funds arm RNAM

The pledging was done in favour of IDBI Trusteeship and Axis Trustee Services, who were acting on behalf of some of the creditors.

RCom default: NCLAT dismisses contempt petition against Anil Ambani

The appellate tribunal also said that it has not gone into merit and allowed the appeal to be withdrawn on May 29, 2018 after the minority shareholders and RCom reached settlement

After RInfra and RPower, lenders to rejig debt of 2 more Anil Ambani firms

The two troubled subsidiaries of Reliance Capital have over Rs 20,000 crore debt of both the companies

Reliance Infra lenders sign debt resolution pact; stock jumps nearly 11%

The move follows multiple developments in the company and the group in the past one month

NCLAT reserves order on admission of contempt plea against Anil Ambani

HSBC Daisy had moved the appellate tribunal over alleged default of payment of Rs 230 crore by Reliance Infratel

RInfra's plan to lease out headquarters property may face legal hurdle

Past efforts by the firm to strike a deal for the property have not yielded results

Anil Ambani may sell or lease out Mumbai headquarters to pare debt: Report

Several companies of the Anil Dhirubhai Ambani Group are in the legal crosshairs for not paying back debt. As of March 2018, the group's consolidated debt stood at Rs 1.72 trillion

Anil Ambani-promoted RInfra loses NTPC order worth Rs 567 crore to GE

For the current financial year, RInfra looks to increase its order book to close to Rs 50, 000 crore

Rumour-mongering hitting Reliance Group's interests, says Anil Ambani

Says committed to meeting all debt servicing obligations in a timely manner