Page 7 - Anil Ambani

NCLT reserves order on SBI plea to recover Rs 1,200 cr from Anil Ambani

In early 2019, Reliance Communications, once the flagship company of the Anil Ambani-led Reliance group, had filed for bankruptcy

Anil Ambani planning to increase stake in Reliance Infra, Reliance Power

Ambani also informed shareholders that Reliance Power had refrained from availing a moratorium on its loans, calling the moratorium a 'financial penalty'

Facing heat from lenders, Anil Ambani says no desire to make personal gains

Ambani stepped down as director of RCom last November after the company was referred to insolvency tribunal

RInfra to be debt-free in FY21; firm to monetise assets: Anil Ambani

Ambani further said RInfra has around Rs 60,000 crore of receivables stuck in regulatory and arbitration matters which are pending for 5-10 years

RCom loans: Anil Ambani claims no personal guarantee given to Chinese banks

In both the cases -- SBI and Chinese banks -- the borrowings have been done by a group company and are not personal, he said

SBI knocks on NCLT's doors to recover Rs 1,200 cr from Anil Ambani

The tribunal, presided over by BSV Prakash Kumar, on Thursday gave Ambani a week to file reply to the application.

Top 10 biz headlines: PM on economic revival, Moody's ratings and more

Here are the top ten headlines on Wednesday morning

Anil Ambani-promoted RInfra's total default pegged at Rs 3,315 crore

In notes to its consolidated results for FY20, the list of debt on which it has defaulted, or has delayed payments, includes 33 different lenders and non-convertible debenture (NCD) series.

NTPC joins fray to buy RInfra's Delhi electricity distribution business

In a letter to the Delhi Electricity Regulatory Commission (DERC), NTPC said it was keen to buy 51 per cent stake in BSES Rajdhani Power and BSES Yamuna Power

$717-mn loan case: China banks will have to move Indian courts against ADAG

Anil Ambani, chairman of the ADA group, can challenge the order by the Commercial Division of the High Court of England

Coronavirus outbreak puts brakes on corporate fraud investigations

Sources said the probe agencies are planning to move an application, seeking more time with respect to the filing of chargesheet in matters

YES Bank probe: ED grills Anil Ambani for 9 hrs, calls him again on Mar 30

The agency has also sent a second summons to Essel Group chairman and Rajya Sabha MP Subhash Chandra to appear before it on March 21

YES Bank fiasco: ED asks Anil Ambani to appear again on March 30

Ambani had been called by the ED in connection with an ongoing money laundering case against YES Bank co-founder Rana Kapoor

YES Bank money laundering case: Anil Ambani appears before ED in Mumbai

The agency is expected to record the statement of the 60-year-old Ambani under the Prevention of Money Laundering Act (PMLA).

Top headlines: IndiGo employees take pay cut as coronavirus bugs economy

Reliance Group chairman Anil Ambani appeared the Enforcement Directorate in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others, officials said.

YES Bank case: ED summons Anil Ambani, Subhash Chandra and Naresh Goyal

The agency also calls Subhash Chandra, Naresh Goyal, Kapil Wadhawan, and Peter Kerkar in money laundering probe

YES Bank case: ED summons Subhash Chandra, Naresh Goyal for questioning

DHFL CMD Kapil Wadhawan, recently arrested by the ED in another case, has also been called for questioning

Anil Ambani files adjournment plea before ED in probe against Rana Kapoor

In a statement issued last week, the Reliance Group had denied any links with Kapoor, his family or entities controlled by them

YES Bank crisis: ED summons Anil Ambani in probe against Rana Kapoor

Confirming the development, an ED official said the agency was examining all the big borrowers of the bank, and the stressed loans sanctioned during Kapoor's tenure

Entire debt from YES Bank is secured, committed to repay: Reliance Group

As many as 44 companies belonging to 10 large business groups reportedly accounted for bad loans of Rs 34,000 crore of YES Bank