Page 10 - Anil Ambani

Second blow for BoB as RBI rejects plan to send Anil Ambani firms to NCLT

An earlier Delhi HC order had stayed BoB and the entire consortium of lenders' move to classify these accounts as fraud, restraining them from taking any other coercive action till the next hearing

Delhi HC stays insolvency resolution proceedings against Anil Ambani

Ambani had given personal guarantees for the Rs 565 crore and Rs 635 crore SBI loans to RCom and Reliance Infratel (RITL), respectively, in August 2016

Top headlines: States to borrow Rs 2.35 trn, Ladakh situation 'serious'

Here are the top headlines of the day

Delhi HC halts insolvency proceedings against Reliance's Anil Ambani

His Reliance Communications (RCom), a mobile carrier launched in 2002 with cut-price plans and is currently in insolvency.

Anil Ambani to move NCLAT against appointment of RP in SBI matter

Tribunal rejects submissions by Ambani counsel, says it has no option but to nominate RP within seven days of creditor filing an application

Top headlines: Bankruptcy case against Anil Ambani, TCS-Epic Systems case

Business Standard brings to you a snapshot of events that made it to the headlines today

NCLT agrees to hear SBI's bankruptcy case against Anil Ambani

The ruling is the most high-profile insolvency case against a founder who pledged to pay loans on behalf of their companies

Reliance Capital reports widening of standalone net loss to Rs 387 cr in Q1

The Anil Ambani-controlled firm had posted a net loss of Rs 116 crore in the same quarter of the previous financial year

RPower, JERA ink loan agreement with banks for Bangladesh's power plant

Reliance Power and JERA, through their project company, are developing a new 745 MW natural gas combined-cycle power project in Meghnaghat in Bangladesh

More strong recovery steps like Anil Ambani group in order: YES Bank

Bank says will dispose properties in many other cases as well, but does not elaborate on borrowers against whom such action is underway

The family way

Dynastic governance constrains India Inc

ADAG shares gain heavy volumes; RCapital, RInfra freeze at 5% upper circuit

In past one month, ADAG stocks rallied between 90 per cent and 200 per cent on the BSE.

Reliance Naval gets five EoIs from investors, deadline ends Saturday

The US-based fund, Interups, has submitted the EoI, apart from Arcil, APM of Denmark, United Shipbuilding Corp of Russia, and Next Orbit Ventures

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