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…
The note accessed is a shot in the arm for the Congress which has has been accusing massive irregularities in the deal, alleging that the government was procuring each aircraft at a cost of over Rs 1,670 crore as against Rs 526 crore finalised by the UPA.
The order said the tie-up would be cancelled with effect from the midnight of 31 December.
Following the verdict, the Bharatiya Janata Party (BJP) launched a concerted attack on Congress president Rahul Gandhi.
The Opposition has been claiming that the original Rafale contract was changed with a new one to benefit Anil Ambani to the tune of Rs 30,000 crore.
Congress president Rahul Gandhi also accused Prime Minister Narendra Modi of waiving the loans of some individuals but not doing the same for farmers.
