Page 12 - Anil Ambani

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.

After resignations of Anil Ambani, 4 others, RCom lenders to meet on Nov 20

Last week, Reliance Communications Chairman Anil Ambani along with four directors had resigned from the company, that is going through insolvency process

Anil Ambani, four others resign as Reliance Communications directors

Ambani along with Chhaya Virani, Ryna Karani, Manjari Kacker, Suresh Rangachar have resigned as directors of RCom, said regulatory filing

Reliance Infra PBT shrinks 64% to Rs 322.28 crore in September quarter

Consolidated operating income for the September quarter rose 8% to Rs 5,622 crore from Rs 5,202 crore a year ago

Airtel submit bids for RCom spectrum; Reliance Jio seeks deadline extension

Airtel has placed a conditional bid to buy RCom's spectrum, and Bharti Infratel has submitted bids for the Anil Ambani company's mobile towers

Three Chinese banks sue Anil Ambani for failing to repay $680-mn loan

The Mumbai branch of Industrial & Commercial Bank of China, China Development Bank and the Export-Import Bank of China agreed to loan $925.2 million to Anil Ambani's Reliance Communications in 2012

Irdai bars Anil Ambani-led Reliance Health Insurance from selling policies

Irdai has also asked RHICL to "ring fence" its residual assets and not dispose them of without the insurance regulator's prior written approval.

M&A deals set to surge as founders face acute cash squeeze: Axis Capital

The financing squeeze has already taken a toll on the country's economic expansion, which in turn erodes borrowers' capability to repay further