Anil A

Vedanta chairman Anil Agarwal calls for corporatisation of defence PSUs

He said that there are 52 defence factories for manufacturing arms and ammunition in the country but most of them are running at 10 per cent capacity.

published on : 16th April 2022

Varalaxmi Sarathkumar to headline Sabari

Varalaxmi Sarathkumar will be starring as the lead in the upcoming multilingual film, Sabari.

published on : 5th April 2022

Private sector an equal culprit in erosion of wealth

The sheer loss of investors’ wealth by Anil Ambani-run businesses is astounding. One by one, all his companies are going down the bankruptcy road.

published on : 28th March 2022

Anil Ambani resigns as director of Reliance Power, Reliance Infrastructure

Sebi in February barred Reliance Home Finance Ltd, industrialist Anil Ambani and three other individuals from the securities market for allegedly siphoning off funds from the company.

published on : 25th March 2022

Vedanta seeks minimum USD 19 for natural gas from Gujarat block 

The firm has called for bids for the sale of 0.25 million standard cubic meters per day of gas produced from CB/OS-2 block located in Suvali, Surat district of Gujarat.

published on : 22nd March 2022

Trouble for Goa's powerful family? Government to get Swiss account data of Salgaocars soon

The Salgaocar family had been locked in a long legal battle in Switzerland to prevent India’s tax authorities from getting details of trusts set up by the family in that country.

published on : 22nd March 2022

Adani, KKR, Piramal among 14 prominent bidders for Reliance Capital

The bidders have two options - either they can bid for the entire RCL or any one or more than one of the eight subsidiaries of the NBFC firm.

published on : 13th March 2022

Vedanta ties up with Foxconn for production of chip in India

Anil Agarwal’s Vedanta group on Monday partnered with Technology Group Foxconn to manufacture semiconductor chips in India.

published on : 15th February 2022

Sebi bars Reliance Home Finance, Anil Ambani, three others from securities market

The order, pertaining to alleged siphoning off of funds from the company, has been passed against a total of 28 individuals and entities.

published on : 12th February 2022

Vedanta demerger call by March-end: Anil Agarwal

Vedanta Ltd will announce a proposal to spin off key businesses into separately listed companies which will help tailor capital structure and allocation policies based on business-specific dynamics.

published on : 27th January 2022

Crazy food mashups relished by tastes buds of Bengalureans

With a street vendor inventing hot masala dosae with cold vanilla ice cream, the food world is up in arms about this creation.

published on : 20th January 2022

Vedanta’s $12-billion tag means BPCL’s each share at Rs 400-410

The active futures contract, which derives its value from the underlying share, rose one percent to Rs 400.25 as its open interest declined marginally by 2%, implying short covering.

published on : 15th January 2022

Vedanta Group to spend $12 billion to buy state-owned BPCL

Vedanta Group on Thursday informed that it is willing to spend $12 billion to acquire India’s state-owned refiner Bharat Petroleum Corporation Limited.

published on : 14th January 2022

RBI files insolvency petition against Anil Ambani's Reliance Capital

The insolvency application has been filed under rules governing the insolvency resolution process and liquidation of Financial Service Providers (FSPs).

published on : 3rd December 2021

RBI takes control of Anil Ambani’s Reliance Capital board; cites debt, governance concerns

Accordingly, RBI will apply to the National Company Law Tribunal for appointing an administrator for the insolvency resolution.

published on : 30th November 2021
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