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Reliance Group News

05 Jul 2024

Inside Anil Ambani's Luxe Life: Rs 5,000 Cr Home, Rs 311 Cr Jet & More

The company had an outstanding debt of Rs 20,379 crore as of December 2020. Now, his sons, Jai Anmol and Jai Anshul have taken over the company.

15 Jun 2023

Who Is Anand Jain, Mukesh Ambani's Best Friend?

Anand Jain has recently become a prominent player in the day-to-day management of the Reliance group's businesses, particularly its telecom company Reliance Infocomm.

10 Jun 2023

Here's How Much Mukesh Ambani's Driver Earns Per Month

According to reports, the Ambani family employs drivers through a private contracting company.

26 Mar 2022

Anil Ambani resigns as director of RPower, RInfra

In a separate filing to the stock exchange, Reliance Infrastructure said that Anil Ambani has stepped down from its board "in compliance of SEBI interim order". During the past one year the company has created immense value for its around 8 lakh shareholders. At present Sarin is a director of Afthonia Private Limited.

26 Sep 2020

My needs are not vast, my lifestyle is very disciplined: Anil tells UK court

The 61-year-old former billionaire appeared via videolink from Mumbai before the High Court on Friday for compulsory cross-examination in aid of an asset disclosure order obtained by the Industrial and Commercial Bank of China Ltd Mumbai Branch, China Development Bank and Exim Bank of China. The order required Ambani to give full disclosure of all of his assets worldwide exceeding USD 100,000. Asked about his fleet of luxury cars and other references to his lavish lifestyle as the counsel for the banks cross-examined him, the Reliance Communications chief dismissed them as "speculative" media stories. "Mr Anil Ambani has always been a simple man of simple tastes, contrary to exaggerated perceptions of his flamboyance and lavish lifestyle," said a spokesperson for Anil Ambani.

18 Feb 2019

Reliance Group shares in demand; zoom up to 11.3%

Under the pact, the Group will pay the principal and interest amounts to the lenders as per the scheduled due dates.

11 Feb 2019

Sebi to look into sale of pledged shares of Reliance Group's 3 listed firms

The regulator will subsequently examine whether there was any violation of regulations relating to insider trading and disclosure norms.

14 Dec 2018

SC established falsity of wild allegation: Anil Ambani welcomes Rafale verdict

As Anil Ambani welcomed the SC judgement, BJP president Amit Shah said that the judgement exposed the “campaign of misinformation spearheaded by Congress President for political gains”

30 Aug 2018

'Truth will come out': Anil Ambani on Rahul Gandhi's allegations on Rafale

Anil Ambani has maintained that contrary to the allegations by the Congress, the joint venture between Reliance and Dassault Aviation has no role of the Centre.

rahul gandhi twitter

27 Jul 2018

Rahul tweets sequel to Rafale taunt, says govt eased $20 bn deal for Reliance

He had earlier questioned the wisdom of giving a $4 bn contract to a seemingly inexperienced company.

26 Jul 2018

Anil Ambani rejects Rahul Gandhi's charge, says Centre had no role in Rafale d

Anil Ambani had written the two-page letter on the Rafale jet deal to Congress president on December 12, 2017.

Reliance Capital

21 Nov 2017

Reliance Capital raises Rs 2,500 cr from banks, financial institutions

The money has been raised through term loan and NCDs with maturity period ranging from 5-7 years.

16 Nov 2017

Anil Ambani-led Reliance group of cos' shares recover

Reliance Communications shares today surged by 16.26 per cent to settle at Rs 11.80 apiece on the BSE.

26 Sep 2017

Telecom sector under stress, banks not lending: Anil Ambani

He said the telecom sector needed a minimum of Rs 100,000 crore a year to expand and maintain quality of service.

Housing Finance

22 Sep 2017

Reliance Home Finance debuts at Rs 107 on NSE

Tina Ambani, wife of Anil Ambani, rang the bell signaling the listing of RHFL on the NSE.

18 Sep 2017

Reliance Group firm partners with IBM for IoT solutions

As part of the collaboration, IBM will provide its Watson IoT Platform to collect and connect data, including sensor data, from devices.

18 Aug 2017

Reliance Nippon Life AMC files IPO papers; eyes Rs 18K crore valuation

It would be the first initial public offering by a major asset management company (AMC) in India, though smaller rival UTI Mutual Fund's IPO plans have been in the works for a long time.

18 Aug 2017

ICEX to launch diamond futures contracts on August 28

Reliance Capital, part of the Anil Ambani-led Reliance Group, is the largest investor in the exchange.

Reliance Communications

19 Jul 2017

RCom's Unlimit, China's Fibocom tie-up to develop IoT solution

Reliance Communications' Unlimit on Wednesday announced a strategic alliance with Chinese telecom gear maker Fibocom to design and manufacture modules for wireless communications and develop internet of things (IoT) solutions.

30 Jun 2017

GST will be India's 'economic freedom': Anil Ambani

Anil Ambani termed GST as India's "economic freedom" and said it would make the country the biggest free and democratic market in the history of humankind.

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