Page 8 - Anil Ambani

Anil Ambani's Rel Home Finance defaulted on Rs 40 cr loan repayment in Feb

The company has cash on hand of approximately Rs 700 crore in the form of investment in liquid mutual fund

Anil Ambani group firm Reliance Infra defaults on loans to Yes Bank, others

The defaults, on interest and principal, happened between January 23, 2020 and February 1, 2020

From riches to rags: Anil Ambani pleads poverty, says his net worth is zero

The 60-year-old is the brother of Mukesh Ambani, who's worth $56.5 billion and is the wealthiest man in Asia

Anil Ambani to pay $100 mn in conditional order for Chinese banks: UK court

Judge David Waksman did not accept Ambani's defence that his net worth was nearly zero or that his family would not step in to assist him when "push came to shove"

Anil Ambani was a wealthy businessman, now he is not: Lawyer tells UK court

Ambani denies providing authority for any such guarantee, resulting in the High Court action in the UK - the jurisdiction agreed to as part of the terms of the loan agreement

Anil Ambani's sons quit Reliance Infra board in less than six months

RInfra said Jai Anmol Ambani and Jai Anshul Ambani have resigned from its board

No adverse findings in forensic report, say Anil Ambani's companies

Reliance Commercial Finance said the forensic report has confirmed the potential group entities' exposure through several intermediate unlisted entities at Rs 4,427.74 crore

Will not face insolvency proceedings, says Anil Ambani's Reliance Infra

The executive mentioned earlier said with the payment of Rs 1,700 crore to lenders, RInfra would not need to go through an insolvency process

Best of BS Opinion: Budget 2020 expectations, setback for Tatas, and more

Business Standard brings to you best of BS Opinion for the day

Bankruptcies, jail and even death: The year was bad for some Indian tycoons

Some of the country's biggest and most-storied businessmen saw their fortunes fade in 2019.

Relaxo's Dua to PI's Singhal, 2019 billionaire club has 10 new entrants

10 promoters entered the billionaire list in 2019; Anil Ambani, Subhash Chandra among big names who left the club

A question worth $ 680 mn: What did Anil Ambani know about the unpaid loan?

The $680 million is the amount Industrial & Commercial Bank of China Ltd. is seeking to recover from the former Indian billionaire

Relief for Anil Ambani as UK court dismisses Chinese bank's $680-mn claim

The hearing in the matter took place on November 7 and the order was issued on Monday

RCom to lose its undersea cable unit as clouds hang over debt revamp

The plan that got the nod this week will grant ownership of GCX to its own creditors in exchange for a debt write down of $150 million, according to a GCX statement and filings

Anil Ambani firms' CoC to discuss Bharti Airtel's offer on Thursday

Sources said Reliance Jio has offered Rs 3,600 crore within 60 days to buy Reliance Infratel.

Yes Bank invoked 6.5 mn shares of Reliance Infra between November 25-28

With this, the holding of Reliance Project Ventures and Management Ltd in Reliance Infra has come down from 30.05 per cent to 27.58 per cent, as per the filing.

SBI Caps to give report on four bidders for Anil Ambani's RCom to CoC

The report will be presented to the committee of creditors (CoC) on Friday to take a final call on the potential best offers

Reliance, Bharti Airtel, 2 others bid for 3 Anil Ambani group companies

11 offers submitted for RCom, Reliance Telecom and Reliance Infratel

RCom lenders reject resignation of Anil Ambani, four other directors

The resignations were conveyed to the CoC in its meeting on November 20 and were unanimously rejected

RCom lenders reject resignation of Anil Ambani, 4 other directors

Ambani along with four directors -- Ryna Karani, Chhaya Virani, Manjari Kacker and Suresh Rangachar -- had resigned from the company earlier this month.