Delhi Airport Metro to Reopen
but it has taken over six months to replace the faulty bearings and pass safety tests. Reliance Infrastructure, part of Anil Ambani’s Reliance Group, has blamed Delhi Metro Rail Corp.’s contractors for...
View ArticleIndia's Reliance Communications Q3 net falls more than expected
as its heavy debt load continued to weigh on earnings. Consolidated net profit at the carrier, controlled by billionaire Anil Ambani, fell to 1.05 billion rupees ($20 million) for its fiscal third...
View ArticleUPDATE 1-India's Reliance Communications sees profit fall
for the second straight quarter as its finance costs jumped. Consolidated net profit at the carrier, controlled by billionaire Anil Ambani, fell a sharper-than-expected 44 percent to 1.05 billion...
View ArticleReliance Communications Misses Forecast
debt with interest-bearing loans, said its president of wireless business, Gurdeep Singh. Reliance Communications, part of Anil Ambani's Reliance Group, has been struggling to grow due to intense...
View ArticleBenetton's Bold Strategy
keeping them all in line although sometimes the biggest problems come from the closest relatives. In India, brothers Mukesh and Anil Ambani, who split their father's business empire, have made...
View ArticleAnil Ambani-led Reliance Capital posts Rs 101 cr profit
Services (Alpha) Ltd, amalgamated with the company with effect from October 2011. R-Cap is the financial services arm of Anil Ambani-led Reliance Group and is present in businesses including asset...
View ArticleEpic brother battles: From the Bible to the Super Bowl
John Harbaugh, left, and Jim Harbaugh will become the first siblings to face each other as coaches in a major sports match-up this Super Bowl Sunday. Here's a look at some of the most dramatic,...
View ArticleAnil Ambani, Mistry on power advisory panel
Pratip Chaudhuri, Chanda Kochhar MD ICICI Bank, power company chiefs Tata Sons chairman Cyrus P Mistry, ADAG chairman Anil Ambani and Feedback Ventures chairman Vinayak Chatterjee along with equipment...
View ArticleP Chidambaram to launch Rajiv Gandhi equity scheme tomorrow
for grant of banking licences to new players by the end of February. A number of large corporate houses, including Anil Ambani-led Reliance Group, financial conglomerates Religare and Shriram groups,...
View ArticleDespite concerns, India soon to let corporates into banking
so funding will be a lot easier," said Ajay Srinivasan, chief executive of Aditya Birla Financial Services, part of Kumar Mangalam Birla's industrial empire that ranges from telecoms and metals to...
View ArticleDespite concerns, India soon to let corporates into banking
to apply for licences. L&T Finance, part of construction and infrastructure conglomerate Larsen & Toubro Ltd, and billionaire Anil Ambani's Reliance Capital, are among those that have said they...
View ArticleReliance MediaWorks narrows loss to Rs 119.61 cr for Dec quarter
crore in the quarter ended December 31, 2012. Its net loss stood at Rs 151.11 crore in the same period last year, the Anil Ambani-led company said in a filing to the BSE today. Reliance MediaWorks...
View ArticleDERC to Delhi govt: Consider bailout packages for discoms
In a 'statutory advice' issued to the Delhi government on February 1, Delhi Electricity Regulatory Commission (DERC) has suggested 'bailout packages' for private distribution companies in Delhi. The...
View ArticleUPDATE 1-India poised to issue bank licences to corporate players
MUMBAI Feb 22 (Reuters) - Indian companies from any business sector will be allowed to seek entry to the country's the banking industry as the government looks to bring banking services to the large...
View ArticleIndia financial stocks rise on bank licence hopes
market fell. Religare rose as much as 12 percent, M&M Financial was up 4.5 percent, L&T Finance rose 5 percent and billionaire Anil Ambani's Reliance Capital gained as much as 3 percent. "The...
View ArticleAmbani Brothers In Business Pact?
Reports suggest a telecom deal between the two Reliance groups is imminent.
View ArticleSpielberg to produce 'Kashmir film'
said. Spielberg met Bollywood star Amitabh Bachchan and other Indian film personalities at a party hosted by businessman Anil Ambani on Monday night. "A scintillating evening with Mr Steven Spielberg...
View ArticleNeed to build cultural bridge between India and US: Steven Spielberg
others' culture and ideas." The great director is in India to celebrate the success of Lincoln which was co-produced by Anil Ambani's Reliance Entertainment. "I have propagated the case (of Indian...
View ArticleDespite concerns, India soon to let corporates into banking
to apply for licences. L&T Finance, part of construction and infrastructure conglomerate Larsen & Toubro Ltd, and billionaire Anil Ambani's Reliance Capital, are among those that have said they...
View ArticleSteven Spielberg gifts his coffee table book to Amitabh Bachchan
Bollywood megastar Amitabh Bachchan got a special gift from oscar winning director Steven Spielberg during his visit to Big B, who held a special conversation with the Hollywood veteran, tweeted;...
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