Anil Ambani reviewing SEBI order, to take next steps based on legal advice
He will take appropriate next steps based on legal advice, according to his spokesperson on Sunday.
He will take appropriate next steps based on legal advice, according to his spokesperson on Sunday.
The markets regulator barred Anil Ambani and 24 other entities from the capital markets for the diversion of funds from Reliance Home Finance Ltd. RHFL was barred for six months only.
The move comes as a result of their involvement in the misdirection of company funds.
Industrialists Sunil Bharti Mittal and Anil Ambani arrived in Ayodhya to attend the Pran Pratistha ceremony of Ram Lalla, scheduled later in the day.
We all are awe-struck by the luxurious life of the family of the chairperson of Reliance Industries, Mukesh Ambani, one…
Statement of Anil Ambani was recorded in connection with the FEMA case. FEMA rules are to deal with an alleged contravention of the foreign exchange law.
Reliance Infrastructure (RInfra) has closed three major transactions in the last 90 days including sale of the asset.
The tribunal, presided over by BSV Prakash Kumar, on Thursday gave Ambani a week to file reply to the application.
Ambani's group companies are stated to have taken loans of about Rs 12,800 crore from the bank that turned NPA.
The company’s secured debt of around Rs 33,000 crore.
