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18 Sep 2024

Reliance Power Settles Rs 3,872 Crore Loan, Shares Hit 5% Upper Circuit

At 11:02 am Reliance Power shares were trading at price Rs 32.98 apiece, higher by 5 percent from the previous closing price.

19 Aug 2024

Meet Anil Ambani's Son Who Built a Rs 20,000 Crore Empire, Owns Luxurious Car

In February 2020, Anil Ambani declared bankruptcy in a UK court while grappling with multiple legal issues. Amid these struggles, his eldest son, Jai Anmol Ambani, became a beacon of hope for the former billionaire.

14 Aug 2024

Meet IND Billionaire With World's Most Expensive Yacht Worth Over Rs 1,000Cr

Meet Indian Billionaire: Lakshmi Mittal’s net worth is estimated by Forbes to be $17 billion as of April 2, 2024. He ranks as the 110th richest person in the world and the 10th wealthiest in India. Mittal’s substantial ownership in ArcelorMittal is the primary source of his wealth.

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.

30 Apr 2024

Beyond Fame, Meet Mukesh and Anil Ambani's Lesser Known Sisters

Both Mukesh and Anil Ambani's sisters were spotted at Anant Ambani and Radhika Merchant's pre-wedding celebrations recently in Jamnagar.

Bollywood actors

25 Jul 2023

10 Millionaire Businessmen Who Are Married To Bollywood Actresses

From Shilpa Shetti, Sonam Kapoor To Esha Deol --Check out 10 famous Bollywood Actresses and their businessmen husbands.

Jai Anmol Ambani

23 Jul 2023

How A Billionaire Carried On Dhirubhai's Legacy, Became His Dad's Ray Of Hope'

Jai Anmol Ambani, the eldest son of Anil Ambani and the nephew of Mukesh Ambani, the richest man in India. Jai Anmol Ambani is a young guy whose life is an alluring fusion of wealth, ambition, and responsibility. He stands for the next generation of the Ambani family, with a solid educational background.

20 Jul 2023

A Billionaire Who Went Bankrupt, Owns One Of India's Costliest Homes

The building is about 66 meters tall. Anil Ambani reportedly sought to raise the mansion to 150 meters. But he was unable to obtain the necessary approval from the authorities.

12 Jul 2023

Challenging Time For Ambanis, A Billionaire Group Set To Buy Reliance Capital

Hinduja Group submitted a massive bid of Rs. 9661 crore in the auction. Not only that, but according to a rumor, Hinduja Group will also take over Reliance Capital's substantial cash balance of roughly Rs. 500 crore. Reliance Industries, owned by Anil Ambani, recently experienced a decline, which is regrettable given how dominant the business was just a few years ago.

20 Jun 2023

'Ek Tha Billionaire': Amitabh Bachchan's Friend Was Richer Than Mukesh Ambani

Anil Ambani received numerous business honors, and his total wealth surpassed Rs. 4 lakh crore in 2007. Reliance Communications served as the catalyst for this fame and wealth. He made history in 2008 by securing a full subscription for the Reliance Power IPO in less than 60 seconds.

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.

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.

12 Feb 2022

SEBI bars Anil Ambani, others from market for 3 months, here’s why

The decision was taken due to alleged siphoning off funds from Reliance Home Finance. Overall, SEBI has barred a total of 28 individuals and entities. The SEBI probe looked into the manner in which loans were dispersed by RHFL during 2018-19.

04 Oct 2021

Pandora Papers: 'Bankrupt' Anil Ambani owns 18 offshore companies

In an "unprecedented leak", the financial secrets of 35 current and former world leaders, more than 330 politicians and public officials in 91 countries and territories have been exposed, according to the International Consortium of Investigative Journalists (ICIJ).

18 Aug 2021

Before Antilia: THIS is where Mukesh Ambani lived with family a decade back!

While not as plush as Antilia, Sea Wind is no humble abode Different members of the family occupied different floors, as per media reports

Reliance Infrastructure

05 Jun 2021

RInfra meet to consider fundraising, aims to become zero-debt co by next March

Important RInfra meeting. Fundraising through issuing equity shares, rights issue, QIP. Aims to become zero-debt company by March 2022.

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.

07 Feb 2020

UK High Court to set terms in Chinese banks' claim against Anil Ambani

The order means the Commercial Division of the High Court will hear arguments this week on Ambani's financial means and set an appropriate amount as an effective court deposit, pending a full trial in the case.

25 May 2019

Anil, Tina Ambani meet Rishi Kapoor in New York

The 66-year-old actor posted a photograph of himself along with Anil and Tina, whom he has worked with in the 1980 film "Karz".

Reliance Capital

18 May 2019

Reliance Capital repays Rs 650 cr NCDs

The disclosure comes at a time when Reliance Group companies and some others, are facing liquidity troubles.

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