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Anil Ambani

Anil Dhirubhai Ambani (born June 4, 1959) is the fourth richest Indian with a personal wealth of $8.8 billion. He is the chairman of Anil Dhirubhai Ambani Group, one of the nation's largest private conglomerates. Ambani joined Reliance in 1983 as co-chief executive officer and pioneered many financial innovations in the capital markets. He led India's forays into overseas capital markets with global international public offerings of global depositary receipts, convertibles and bonds. His group is among India's top three private sector business houses on all major financial parameters, with a market capitalisation of Rs.325,000 crores (US$ 81 billion). Across different companies, the group has a customer base of over 100 million, the largest in India, and a shareholder base of over 12 million, among the largest in the world. Anil topped Business Sheet's 'world's biggest loser' list of business leaders who lost money in the recession, losing $32.5 billion in 2008. He is married to fomer bollywood actress Tina Munim and has two sons Anmol and Anshul. On February 16, 2011, Anil appeared before CBI officers to clarify his position on allegations that Swan Telecom, which was granted 2G licence by former telecom minister A Raja, was his front company. The CAG report on the controversial 2G allocation had said that Swan Telecom, while applying for UAS licences was acting as a front company on behalf of RTL (Reliance Telecom).

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anil ambani News

SEBI fines anil ambani’s son Rs1cr for loan approvals without 'due diligence'

TIMESOFINDIA.COM / Sep 24, 2024, 09:34 (IST)

SEBI has fined Jai Anmol Ambani Rs 1 crore for inadequate due diligence in approving corporate loans at Reliance Home Finance. Krishnan Gopalakrishnan, the former chief risk officer, was fined Rs 15 lakh. Both must pay within 45 days. SEBI highlighted discrepancies and lack of ethical standards in their actions.

RHFL case: Sebi fines Jai Anmol, anil ambani's son

TNN / Sep 24, 2024, 05:55 (IST)

anil ambani's Reliance Infrastructure to raise over Rs 6,000 crore

TNN / Sep 20, 2024, 04:50 (IST)

Reliance Infrastructure under anil ambani seeks to raise Rs 6,014 crore to fund its expansion. The initial phase involves raising Rs 3,014 crore through a preferential issue followed by another Rs 3,000 crore via qualified institutional placement. Investors Mathew Cyriac and Nimish Shah are set to invest Rs 1,814 crore for a minority stake.

anil ambani’s Reliance Infra looks to raise Rs 6,000 crore

TNN / Sep 19, 2024, 23:18 (IST)

When Amitabh Bachchan couldn't sleep after Aishwarya Rai met with an accident: 'To see this happen in front of my eyes!'

etimes.in / Sep 17, 2024, 21:36 (IST)

During the 'Khakee' shoot near Nashik, Aishwarya Rai had a serious accident involving a stunt car, leaving her with severe injuries. Amitabh Bachchan, later her father-in-law, criticized the media for downplaying the incident. Meanwhile, rumors about Aishwarya and Abhishek’s possible divorce have surfaced, though the family remains silent.

anil ambani reviews legal options against Sebi order

TNN / Aug 26, 2024, 04:24 (IST)

anil ambani, banned by Sebi for five years over fund diversion charges, is reviewing legal options. He plans to appeal Sebi’s August 22 order relating to Reliance Home Finance, now owned by Authum Investment. Ambani stepped down from Reliance Infrastructure and Reliance Power boards following a February 2022 interim order. A fine of Rs 25 crore was also imposed.

When Dhirubhai and Kokilaben Ambani were against anil ambani marrying Tina Munim

TIMESOFINDIA.COM / Aug 27, 2024, 16:59 (IST)

anil ambani, Chairman of Reliance Group and brother of Mukesh Ambani, married former Bollywood actress Tina Munim in 1991. Initially, Anil's parents opposed the union due to Tina's film industry background. Despite the opposition, the couple eventually got married after a four-year separation. They have been together for over three decades and have two sons, Jai Anmol and Jai Anshul.

anil ambani reviewing Sebi order, to take appropriate steps as legally advised

TIMESOFINDIA.COM / Aug 25, 2024, 16:50 (IST)

anil ambani is reviewing a Sebi order that banned him for five years from the securities market and imposed a Rs 25 crore penalty. The order concerns alleged fund diversion from Reliance Home Finance. Ambani had earlier resigned from boards of Reliance Infrastructure Ltd and Reliance Power Ltd. Both companies clarified that the ruling does not impact their operations.

anil ambani, others fined Rs 624 crore by Sebi for fund diversion

TNN / Aug 24, 2024, 02:47 (IST)

Markets regulator Sebi banned anil ambani and 24 entities connected to him from the securities market for five years, levying a Rs 624 crore fine for fund diversion from Reliance Home Finance. Sebi's investigation revealed the fraudulent scheme involved GPC loans, with the majority of borrowed sums linked to ADAG Group entities.

The Rise & Fall Of Reliance Capital

TNN / Aug 24, 2024, 01:06 (IST)

In 2008, Reliance Capital's market value surpassed Rs 70,000 crore, but by 2019, chairman anil ambani had to declare bankruptcy. Various factors, including governance issues and poor investment decisions, led to the company's decline. Defaults at Reliance Home Finance and Reliance Commercial Finance further exacerbated the situation, ultimately leading the Reserve Bank of India to initiate bankruptcy proceedings in 2021.

Reliance Infra, Power shares decline after Sebi bars anil ambani from securities market

TIMESOFINDIA.COM / Aug 23, 2024, 19:48 (IST)

anil ambani and 24 other entities including former key officials of Reliance Home Finance Limited (RHFL) faced a five-year ban imposed by Sebi from the securities market due to diversion of funds from the company. Reliance Infrastructure and Reliance Home Finance shares dropped significantly following the announcement. Sebi also fined Ambani Rs 25 crore.

SEBI bans anil ambani & 24 other entities from securities market for 5 years; imposes Rs 25 crore penalty on Ambani

TIMESOFINDIA.COM / Aug 23, 2024, 11:58 (IST)

Sebi has penalized anil ambani and 24 entities, including former Reliance Home Finance officials, for diverting company funds. Ambani has been banned from the securities market for five years and fined Rs 25 crore.

Anant Ambani and Radhika Merchant's wedding: Couple's post-Varmala dance goes viral

etimes.in / Jul 13, 2024, 02:26 (IST)

Anant Ambani and Radhika Merchant's traditional wedding ceremony at the Jio World Convention Centre in Mumbai was a blend of elegance and joy. The couple exchanged garlands surrounded by friends and family, with the bride in a stunning 'Panetar' style and the groom in a red-pink sherwani.

Throwback: When an emotional Amitabh Bachchan recalled Dhirubhai Ambani’s generosity during his bankruptcy days

etimes.in / Jul 11, 2024, 13:45 (IST)

In the '90s, Amitabh Bachchan went bankrupt after ABCL's failure. Amid government raids, he declined financial help from Dhirubhai and anil ambani. Overcoming tough times, he repaid debts through new work. In a Bollywood Tehelka video, Dhirubhai praised his resilience at an event, deeply moving Bachchan with sentiments of gratitude and emotion.

Anant Ambani-Radhika Merchant wedding: Celebrity mehendi artist Veena Nagda reaches Antilia ahead of the big day - See photos

etimes.in / Jul 10, 2024, 20:30 (IST)

Veena Nagda arrived at Antilia for Anant Ambani and Radhika Merchant's wedding, wearing a red salwar suit, geometric dupatta, and gold jhumkas. anil ambani, Tina Ambani, Kokilaben, Nina Kothari, Shweta Piramal, and Shloka Mehta’s mother attended. Ongoing festivities in Mumbai. Kailash Kher rumored to perform at mehndi. Wedding at Jio World Centre.

Maharashtra set to clear Rel Infra arm's Rs 1,700crore Metro debt

TNN / Jul 05, 2024, 07:49 (IST)

NFRA bars auditors of 2 anil ambani group cos

TNN / May 21, 2024, 01:16 (IST)

Govinda casts his vote in the fifth phase of Lok Sabha Elections 2024, says 'Ghar se bahar aaye or vote kare'

etimes.in / May 20, 2024, 10:38 (IST)

In the fifth phase of Lok Sabha elections in 2024, Mumbai witnesses Govinda, anil ambani, and Akshay Kumar voting. Farhan Akhtar also casts his vote in Bandra West. Govinda was last seen in the comedy film ‘Rangeela Raja’ which flopped at the box office. The election atmosphere in Mumbai remains charged with anticipation and enthusiasm.