Anil Ambani’s financial troubles are not new. In February 2020, he declared bankruptcy in a UK court amid a series of legal and financial challenges. Once valued at $42 billion and ranked as the ...

Reliance Power reported a consolidated net profit of Rs 2,878.15 crore for the July-September quarter, a sharp turnaround ...

However, few know that his brother, Anil Ambani, was once the richest billionaire in India, even overtaking Mukesh in wealth. Currently, he is said to be bankrupt, though this claim is not ...

Once ranked as the world’s sixth-richest, this man is now facing financial challenges but continues a lavish lifestyle in ...

Solar Energy Corporation of India Ltd. has barred Anil Ambani's Reliance Power Ltd. and its subsidiaries from bidding in ...

Under the Insolvency and Bankruptcy Code, a resolution has to ... After Ericcson took RCom to court and Anil Ambani was threatened with jail time, Mukesh Ambani finally stepped in and helped ...

Reliance Marine is a subsidiary of Reliance Naval which itself is on the verge of bankruptcy. It is the second company of Anil Dhirubhai Ambani Group (ADAG) after Reliance Communications to head ...

Solar Energy Corporation of India has barred Anil Ambani's Reliance Power and its subsidiaries from bidding in future tenders for three years after it was found to have submitted fake bank guarantees.

The man who was once richer than Mukesh Ambani, his elder brother and the current richest man in India, now faces the stark reality of bankruptcy. Following the recession of 2008, his company ...

Mumbai: Industrialist Anil Ambani has filed an appeal with the Securities Appellate Tribunal (SAT) challenging the market regulator SEBI order barring him from the securities market for alleged ...

Meet Jai Anmol Ambani, Anil Ambani’s son and Mukesh Ambani’s nephew, who built a Rs. 2000 Cr empire at Reliance despite his father going bankrupt. Ambani children, namely Mukesh Ambani's kids ...

and others to seek their response on whether Chinese lenders should be impleaded in a case filed by Anil Ambani, where he is challenging the bankruptcy court’s ruling to appoint an interim ...