Anil Ambani’s Reliance Power reports a Rs 2,951 crore loss in FY19

Anil Ambani-led Reliance Power, the power generation and coal resources company, on Saturday recorded a net loss of Rs 2,951.82 crore for the financial year 2018-19 as against net... Read more »

Reliance Communications Enterprises pledges 12.50 cr of their shares with IndusInd Bank

Debt-ridden Reliance Communications Enterprises has pledged 4.52 per cent of its holding in Reliance Communications (RCom) amounting to 12.50 crore shares with private sector lender IndusInd Bank, as per... Read more »

Reliance Infrastructure wins Rs 648 crore contract from AAI, share surge 6%

Shares of Reliance Infrastructure have increased 6 per cent in intra-day trade on Tuesday after Anil Ambani-led company said it has received the Letter of Award (LOA) from the... Read more »

Anil Ambani faces contempt of court in Ericsson case, has to pay a fine of Rs 453 crore.

Anil Ambani, chairman of Reliance Communications has been held guilty of contempt of court by the Supreme court. According to reports, RCom did not observe the undertaking given by... Read more »

Reliance Power asked SEBI to ban Edelweiss Group over allegations of misconduct

Anil Ambani led Reliance has asked SEBI to ban Edelweiss Group on grounds of misconduct. According to Ambani, they  participated in illegal activities and have disrupted the market. This... Read more »