Page 10 - Anil Ambani

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The appellate tribunal also said that it has not gone into merit and allowed the appeal to be withdrawn on May 29, 2018 after the minority shareholders and RCom reached settlement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

Anil Ambani to withdraw defamation lawsuits against Cong, National Herald

Reliance Group spokesperson said the group believes the defamatory statements were made for political purposes

Anil Ambani takes on Rahul Gandhi, calls him a 'malicious liar'

Received orders of Rs 1 trillion during Congress regime, says Reliance Group chairman

$2 billion: Amount Anil Ambani needs in asset sales to save last stronghold

Reliance Capital, the company that controls India's fifth-biggest mutual fund, is racing to close a planned $2 billion of asset sales to bolster its finances after cash dwindled to Rs 110 million

More asset sales may be only way for Anil Ambani group to revive fortunes

Most of the group companies' ratings have been downgraded and their combined market value is now a fraction of their combined debt

Anil Ambani firms hit new lows after ratings downgrade of financial arms

While the group tried to assuage investor concerns by reiterating that its asset monetisation plans were on track, the stock market action indicated that investors were hardly convinced