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Anil Ambani

Q4FY19 results: Reliance Power posts Rs 3,558 cr net loss

Q4FY19 results: Reliance Power posts Rs 3,558 cr net loss

Mon, Jun 10, 2019

Anil Ambani Group firm Reliance Power Sunday reported a net loss of Rs 3,558.51 crore for the quarter ended March 31, as against a net profit of Rs 189.21 crore in the year-ago period.

Property brokerage firm Square Yards' FY19 revenue up 38% at Rs 220 cr

Property brokerage firm Square Yards' FY19 revenue up 38% at Rs 220 cr

Fri, May 03, 2019

On operational front, the company concluded 11,508 transactions, including housing sales and home loans, during the last financial year, slightly better than the 11,299 deals in the previous year. In value terms, it did transactions worth nearly Rs 5,000 crore as against Rs 4,302 crore in the 2017-18 fiscal.

Reliance Capital to cut debt by Rs 10,000 to Rs12 crore by monetising stakes in group companies, non-core investments

Reliance Capital to cut debt by Rs 10,000 to Rs12 crore by monetising stakes in group companies, non-core investments

Thu, Mar 07, 2019

The completion of these transactions would be a major step forward in Reliance Capital`s deleveraging strategy, it said. Reliance Capital said its 43 per cent stake in RNAM is currently valued at over Rs 5,000 crore and the sale of controlling interests will be at a significant premium to the market.

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Reliance Communication gains over 4% after clarification on Ericsson's petition before Supreme Court

Reliance Communication gains over 4% after clarification on Ericsson's petition before Supreme Court

Wed, Oct 03, 2018

Reliance Communication's share price surged by 4.27% with an intraday high of Rs 12.44 per piece.

Anil Ambani led Reliance Entertainment denies making payment to Julie Gayet, her firm

Anil Ambani led Reliance Entertainment denies making payment to Julie Gayet, her firm

Wed, Sep 26, 2018

Refuting what it termed "deeply shocking" allegations of a quid pro quo in the Rafale deal, Reliance Entertainment on Wednesday denied it has made any payment to actress-producer Julie Gayet, partner of the former French President François Hollande.

Anil Ambani led Reliance Power to bid for stressed power projects

Anil Ambani led Reliance Power to bid for stressed power projects

Wed, Sep 19, 2018

Reliance Power (RPower) plans to take an inorganic path for growing its business. The company will bid for stressed thermal power projects, take up operation and maintenance (O&M) of troubled power plants and also provide mine development services.

Reliance Communications shares plunge by 10%, Reliance Infra down 5% despite Anil Ambani's big talk

Reliance Communications shares plunge by 10%, Reliance Infra down 5% despite Anil Ambani's big talk

Tue, Sep 18, 2018

Anil Ambani shed some light on debt-laden Reliance Communications, which has been suffering losses for quite a few years now.

Reliance Infrastructure ratings rise as Mumbai power business sale cuts debt

Tue, Sep 04, 2018

RInfra Chairman Anil Ambani had recently said he expects top-end ratings for the company with the closure of the deal for the Mumbai power distribution business and the drastic fall in debt liabilities.

Reliance Infra bags Rs 1,907-cr contract for Nagpur-Mumbai e-way pkg-7

Reliance Infra bags Rs 1,907-cr contract for Nagpur-Mumbai e-way pkg-7

Fri, Aug 31, 2018

The scope of work includes design, engineering, procurement and construction of six-lane expressway and associated structures and project facilities. The work is expected to be completed in 30 months from the appointed date.

Rafale defence deal: Anil Ambani writes to Rahul Gandhi, rubbishes allegations

Rafale defence deal: Anil Ambani writes to Rahul Gandhi, rubbishes allegations

Thu, Jul 26, 2018

Rubbishing the allegations levelled by Congress president Rahul Gandhi that the joint venture between Dassault and Reliance Defence was okayed by the Centre despite the latter not having any expertise in defence manufacturing, Anil Ambani allegedly wrote a detailed letter to Gandhi explaining the rationale behind the contract.

Anil Ambani writes to Rahul Gandhi on Rafale deal, refutes allegations of lack of experience

Anil Ambani writes to Rahul Gandhi on Rafale deal, refutes allegations of lack of experience

Thu, Jul 26, 2018

Invoking his family's "respectful relationship" with the Gandhi family over generations, Ambani said he was "personally saddened" by the "unfortunate statements" against him and his group by several functionaries of the Congress party.

Mukesh Ambani, Anil Ambani, Salman Khan in Variety's top 500 global entertainment industry list

Mukesh Ambani, Anil Ambani, Salman Khan in Variety's top 500 global entertainment industry list

Sun, Jul 22, 2018

Billionaire Ambani brothers Mukesh and Anil and Bollywood superstars Salman Khan and Priyanka Chopra are among the dozen Indians named in Variety magazine's list of 500 most influential business leaders shaping the global USD 2 trillion entertainment industry

Reliance Industries stock jumps 2.6% over this Reliance Jio booster shot

Reliance Industries stock jumps 2.6% over this Reliance Jio booster shot

Tue, Jul 10, 2018

Reliance Industries share price gained as much as 2.6 per cent to Rs 1022.60 on the BSE. Credit Suisse sees Rs 1180 per share target price on the stock, an upside of 15.39 per cent from today's intraday high level.

Anil Ambani led Reliance Capital makes huge gains from Yatra stake sale

Anil Ambani led Reliance Capital makes huge gains from Yatra stake sale

Mon, Jul 09, 2018

Anil Ambani-led Reliance Group’s flagship Reliance Capital has made multifold gains by selling its three million equity shares in US-listed Yatra Online, India’s second-largest online travel operator.

Reliance Communications gets this Rs 2,000 crore good news

Reliance Communications gets this Rs 2,000 crore good news

Thu, Jul 05, 2018

Apart from the cash payment of Rs 6,600 crore, RCOM had also given this Rs 2,000 crore bank guarantee under protest.

Reliance Communications share price up 19%; hopes ride on Reliance Jio deal now

Reliance Communications share price up 19%; hopes ride on Reliance Jio deal now

Thu, May 31, 2018

NCLAT order clears the way for Anil Ambani-led Reliance Communications to sell its telecom towers, spectrum and fibre assets to Reliance Jio. RJio is owned by Mukesh Ambani, Anil Ambani's elder brother and the richest man in India.

Reliance Communications plans $2.68 billion asset sale to Reliance Jio, Brookfield

Wed, May 30, 2018

Anil Ambani led Reliance Communications (RCom) said on Wednesday it expects to complete its asset sale to Reliance Jio Infocomm and Canada`s Brookfield in coming weeks, after the bankruptcy appeals court halted insolvency proceedings against the debt-laden company.

Reliance Infratel settles dispute with investor; withdraws petition for asset sales

Reliance Infratel settles dispute with investor; withdraws petition for asset sales

Tue, May 29, 2018

Following the development, the Anil Ambani led firm today withdrew its petition from the National Company Law Appellate Tribunal (NCLAT) seeking permission to sell its tower and fibre assets.

Reliance Communications share price jumps 11% ahead of insolvency plea to be heard tomorrow

Reliance Communications share price jumps 11% ahead of insolvency plea to be heard tomorrow

Mon, May 28, 2018

Reliance Communications share price rallied over 11 per cent on Monday after the company informed bourses the NCLAT will hear tomorrow its plea which has challenged NCLT's decision to start insolvency proceedings against it on a petition by Swedish telecom equipment major Ericsson.

Reliance Communications plea against insolvency to be heard by NCLAT tomorrow

Reliance Communications plea against insolvency to be heard by NCLAT tomorrow

Mon, May 28, 2018

The plea of Anil Ambani-run RCom was mentioned today before the bench of the National Company Law Appellate Tribunal (NCLAT), seeking an urgent hearing on the issue. It has directed that the matter be listed for hearing tomorrow.

Reliance Communications share price rockets 96% in 48 hours

Reliance Communications share price rockets 96% in 48 hours

Fri, May 18, 2018

BSE on Thursday sought clarification from RCom with reference to news that RCom, Ericsson have informed NCLT that they are in settlement talks. The company replied saying it "cannot comment on changes in volume and price in the stock markets."

This Reliance firm hit record low today, tanked 70 pct so far in 2018

This Reliance firm hit record low today, tanked 70 pct so far in 2018

Mon, May 14, 2018

The stock of shipbuilding and fabrication firm settled at Rs 14.50, down 13 per cent on the BSE. Reliance Naval stock has lost over 70 per cent this year as of today’s close.

Vijaya Bank tags Reliance Naval as NPA from March quarter

Vijaya Bank tags Reliance Naval as NPA from March quarter

Sun, May 13, 2018

Reliance Naval & Engineering, which was earlier known as Pipavav Defence & Offshore Engineering, was bought over by Anil Ambani group in 2016 and renamed it as Reliance Defence & Engineering. It owes over Rs 9,000 to over two dozen banks mostly state-run, led by the troubled IDBI Bank

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