Indian billionaire businessman Anil Ambani is facing a prison sentence after a deal between his cash-strapped firm Reliance Communications (RCom) and telecoms giant Ericsson collapsed. Ericsson is ...

and demonstrating the importance of staying true to our strong family values by extending this timely support," Anil Ambani said. Billionaire Ambani risks jail over payments India's Ambani ...

Many in the business world are familiar with Mukesh Ambani, India’s wealthiest man. However, few know that his brother, Anil Ambani, was once the richest billionaire in India, even overtaking ...

All in all, RCom almost took the promoter Anil Ambani to jail. Supreme Court had ordered him to pay dues to the tune of ₹460 crore to Ericsson its vendor or go to jail. Mukesh had to step in and ...

Anil Ambani, the estranged younger brother of Asia’s richest man, Mukesh Ambani, is mostly renowned for his two main companies, Reliance Power and Reliance Infrastructure, but did you know that ...

Pay within four weeks or go to jail for three months, India's apex court orders. Three Anil Ambani-owned companies have to pay ₹4.5 billion to Ericsson. SC has imposed an additional fine of ...

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.

Delhi HC issues notices to SBI, others in Anil Ambani personal guarantee case The Delhi High Court issued a notice to the State Bank of India (SBI) and others to seek their response on whether ...

The Securities Appellate Tribunal (SAT) on Friday put a conditional stay on the ₹25 crore penalty imposed on the Anil Dhirubhai Ambani Group (ADAG) chairman, Anil Ambani, over his alleged ...

The Securities Appellate Tribunal (SAT) has provided partial relief to Reliance Group chairman Anil Ambani by imposing a conditional stay on the Rs 25 crore fine imposed on him by the Securities ...

Anil Ambani's Reliance Communication (RCom) on October 4 reported company's total indebtedness of Rs 40, 413 crore as of ...