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…
Anil Ambani along with four directors -- Ryna Karani, Chhaya Virani, Manjari Kacker and Suresh Rangachar -- had resigned from the company earlier this month.
Ambani told the media that the debt servicing payments of over Rs 35,000 crore have necessarily had to be made almost entirely from asset monetisation and operational cash flows.
At the onset, the companies together will distribute Reliance Entertainment's upcoming film Game Over, starring Taapsee Pannu in the lead. It releases on 14 June.
Adani Power Maharashtra Limited had filed two suits against the web portal, while Group firm Adani Petronet Port Dahej Limited had moved a defamation case against it.
In its defamation suits, the company had stated that the defendants had made libellous and derogatory statements against the Reliance Group and its chairman Anil Ambani over the Rafale deal.