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Apr 11, 2024 · Synopsis. Anil Ambani, once ranked as the sixth richest person globally, faces setbacks as the Supreme Court reverses an Rs 8,000 crore arbitral award in favor of a firm in his group, Reliance Infrastructure. The award, related to a concession agreement with Delhi Metro Rail Corp in 2008, now requires nearly Rs 3,300 crore repayment by Ambani's ...
Mar 26, 2022 · Anil Ambani, a former Indian billionaire, resigned from the boards of Reliance Power Ltd. and Reliance Infrastructure Ltd. after an order from the country’s market regulator for alleged ...
Mar 26, 2022 · Anil Ambani, a former billionaire from India, resigned from the boards of Reliance Power and Reliance Infrastructure after an order from the country’s market regulator for alleged diversion of funds. Mr Ambani resigned as the non-executive director in compliance with the Securities and Exchange Board of India’s (Sebi) interim order, both ...
Mar 4, 2019 · Anil Ambani. $1.7B. 2019 Billionaires Net Worth. as of 3/4/19. Photo by AP2011. About Anil Ambani. Anil Ambani, the younger sibling of Mukesh Ambani, runs his separate empire with interests in ...
Mar 15, 2019 · From being one of India's star businessmen to a defaulter facing a jail term, Anil Ambani's business debacle is a textbook case of unbridled ambition and risky business ventures gone wrong. Where does he go from here?
Aug 21, 2020 · File/Express Photo by Ganesh Shirsekar. The Mumbai bench of the National Company Law Tribunal (NCLT) has allowed the initiation of insolvency proceedings against Anil Ambani after two companies promoted by him failed to pay dues on Rs 1,200 crore that they had borrowed from State Bank of India (SBI). The insolvency process will be initiated ...
Jul 3, 2023 · NEW DELHI, July 3 (Reuters) - Indian industrialist Anil Ambani appeared before the country's financial crime agency on Monday to record his statement in a case related to violation of foreign...
