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…
This comes as the Congress has been frequently attacking Mukesh Ambani's brother Anil Ambani and the BJP government over 'irregularities' in the Rafale deal.
The Congress president said the 2019 election was also a fight between ideologies, where there is hatred, anger and divisive politics on the one hand and love, affection and brotherhood on the other.
The Supreme Court earlier in February held Anil Ambani and two directors guilty of contempt of court on a contempt plea filed by Ericsson India against him over not clearing its dues of Rs 550 crore.
The other two directors who were found guilty by the court are Reliance Telecom chairman Satish Seth and Reliance Infratel chairperson Chhaya Virani.
The Congress has been repeatedly alleging a scam in the multi-crore Rafale fighter jet deal with France.
