Anil Ambani

Doha Bank ties up with Anil Ambani's Reliance Group

Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain and Oman are part of the Gulf Cooperation Council (GCC).

Sep 07, 2015, 14:46 PM IST

Reliance Group to set up Rs 6,500 cr aerospace project in MP

Anil Ambani-led Reliance Group plans to set up a greenfield aerospace project with capital investment of over Rs 6,500 crore in 289 acres of land in Mihan SEZ here.

Aug 28, 2015, 22:13 PM IST

RCom short-lists bidders for stake sale in tower arm

Reliance Infratel has more than 45,000 mobile towers, and proceeds from the stake sale will help the company reduce debt this fiscal.

Aug 17, 2015, 16:09 PM IST

Rel MediaWorks completes multiplex biz sale to Carnival Group

Anil Ambani-led Reliance MediaWorks Ltd (RMW) today said it has completed sale of its multiplex business to Carnival Cinemas for Rs 700 crore and will use the sales proceeds to bring down Reliance Capital's debt.

Aug 04, 2015, 13:08 PM IST

RComm unit stake sale draws US interest: Sources

Reliance Communications, India`s fourth-biggest mobile phone carrier and headed by billionaire Anil Ambani, is looking at a valuation of about $4 billion for the unit, which has about 45,000 mobile phone masts, the sources said.

Jul 31, 2015, 14:11 PM IST

A K Balyan to head Reliance Group's Oil & Gas Business

Ashok Kumar Balyan, former chief executive of Petronet LNG Ltd, has joined Anil Ambani-led Reliance Group as CEO of its Oil & Gas Business.

Jul 25, 2015, 15:26 PM IST

RCom rolls out cloud delivery network in 5 cities

Anil Ambani-owned Reliance Communications (RCom) Tuesday launched a next-generation cloud services delivery network in five cities of the country.

Jul 21, 2015, 17:46 PM IST

RInfra to seek operational subsidy to keep metro fares low

Reliance Infrastructure-led Mumbai Metro One Monday said it will seek metro operational subsidy from the state government to keep the fares lower, even as the fare fixation committee has recommended its revision in the range of Rs 10 to Rs 110 for the over 11-km-long corridor.

Jul 20, 2015, 17:13 PM IST

Anil Ambani announces Rs 5,000 crore new defence investment

With the recent acquisition of Pipavav Defence, Reliance Group chairman Anil Ambani announced on Thursday that an additional investment of Rs 5,000 crore will be made as part of India`s emphasis on 'Make in India' for military hardware and cut imports.

Jul 16, 2015, 23:40 PM IST

Reliance sells diesel to Indian Railways, first time in a decade

The government freed diesel pricing last October, providing a level playing field to private companies like Reliance and Essar Oil.

Jul 15, 2015, 16:30 PM IST

Reliance Group to invest Rs 10k cr in tech space: Anil Ambani

Billionaire Anil Ambani's Reliance Group on Wednesday committed to invest about Rs 10,000 crore over the next few years to expand its presence across digital, cloud computing and telecom space.

Jul 01, 2015, 17:47 PM IST

Reliance Capital observing yoga week

Anil Ambani-led Reliance Capital has been observing yoga week from June 19 and will continue through June 26.

Jun 20, 2015, 19:16 PM IST

RCom shares reverse early gains on profit-booking

The stock ended at Rs 58.70, down 0.25 percent, on the BSE. In intra-day trade, shares of the company gained 2.97 percent to Rs 60.60.

Jun 16, 2015, 18:24 PM IST

RCom, Sistema in talks to merge telecom biz in India

Anil Ambani-led Reliance Communication Monday said it is in talks with AFK Sistema to merge the Russian conglomerate's Indian telecom operations through a cashless stock swap.

Jun 15, 2015, 17:02 PM IST

Reliance Communications pledges 3.25 crore shares

In a filing to the BSE, the Anil Ambani-owned company said it has pledged 3.25 crore shares consisting 1.31 per cent of the share capital to Axis Trustee Services on June 11.

Jun 12, 2015, 21:17 PM IST

RelCap names Gopkumar as CEO of broking, distribution biz

Reliance Capital, part of Anil Ambani-led Reliance Group, on said it has appointed B Gopkumar chief executive of its broking and distribution business.

Jun 11, 2015, 15:56 PM IST

Reliance Power to invest $3 bn in power plant in Bangladesh

The company will use the equipment it had contracted for its Samalkot project in Andhra Pradesh for setting up the power plant in Bangladesh in three years from the date of signing power purchase agreement (PPA).

Jun 06, 2015, 12:28 PM IST

Vice Admiral HS Malhi is Reliance Defence Group President & CEO

Reliance Defence Systems, a subsidiary of Anil Ambani-led Reliance Group, Thursday announced the induction of Vice Admiral H S Malhi (Retd) to spearhead the company's foray into naval defence sector.

Jun 04, 2015, 18:48 PM IST

Reliance Capital to set up global commodity exchange in IFSC at GIFT City

"This allotment is expected to bring in investment of around Rs 200 crore and generate employment for around 2,500 persons in next 3 years," GIFT MD and Group CEO Ramakant Jha said in a statement.

Jun 03, 2015, 17:18 PM IST

RCom plans to monetise non-core assets to lower debt

Reliance Communications Monday said it is looking at monetising its non-core assets to bring down the debt-to-EBIDTA ratio to about 3 in 18-24 months.

Jun 01, 2015, 21:51 PM IST