Anil Ambani lashes out at RIL share buyback plan:
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[Business India]: Mumbai, Dec 27 : Anil Ambani, the Vice Chairman of Reliance Industries Limited (RIL), on Monday virtually created a divide between himself and his elder brother Mukesh, the chairman of the group, by saying that the group&#39;s announcement
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MUMBAI, DECEMBER 27: The promoters - who hold 46 per cent stake of Reliance Industries â-ill be the biggest beneficiaries of the up to Rs 2,999 crore buyback of shares announced by the company on Monday.
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[Business India]: Mumbai, Nov 25 : A rift between the Ambani brothers who run the country&#39;s business conglomerate - the Reliance Group - today spilled into the board room of power utility Reliance Energy Ltd.
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Reliance Industries Ltd (RIL) employees have got another email. This one went from their vice-chairman, Anil Ambani, on Monday seeking their support for both himself and elder brother and chairman Mukesh Ambani.
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[Business India]: Mumbai, Dec 27 : The Reliance Industries Ltd (RIL) board today approved the scheme to buyback the company shares at a price of not exceeding Rs 570 per share, payable in cash, for an amount not exceeding Rs 2,999 crore.
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Reliance Industries vice-chairman Anil Ambani broke his silence on Thursday. But not to comment on the &quot;ownership issue&quot; raised by elder brother and chairman Mukesh Ambani.
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The public spat between the two heirs of India's Reliance Group spills over to the board meeting of a top firm within the group.
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Anil Ambani, the Vice-Chairman of Reliance Industries Ltd. (RIL), said on Monday that he was not consulted by the company&#39;s Board on the proposed share buy-back.
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Mumbai, Dec 27 (UNI) The Reliance Industries Limited Board of Directors at its meeting today, with RIL Vice Chairman and Managing Director Anil Ambani abstaining from voting, approved the proposal of buyback of the company&#39;s fully paid up equity shares of
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Reliance Industries agrees to buy back millions of shares, hoping to reverse a slump caused by a feud in the controlling family.
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BOMBAY : The family feud in India&#39;s largest private sector group Reliance took a fresh twist as Reliance Industries chairman Mukesh Ambani was forced to return &quot;sweat equity&quot; in a mobile telecom subsidiary.
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Standard Life is criticised by the Takeover Panel for its statements about its bid to buy Resolution.
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While Mukesh Ambaniâs camp said Anilâs statements were âselfishâ, Anil either abstained or opposed all resolutions passed at the meeting.
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The first battle lines were drawn today with six directors of Reliance Energy Limited (REL) resigning. REL is run by Vice Chairman of Reliance Industries Limited, Anil Ambani.
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New Delhi, Nov 28 : Mounting attack on Reliance Group Chairman Mukesh Ambani on &#39;ownership issues&#39;, Anil Ambani&#39;s camp today claimed that the elder brother had told his mother Kokilaben and sisters (Dipti and Neena) to keep out of the controversial RIL
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Ambani brothers Mukesh and Anil have had separate meetings in the last two days with mother Kokilaben, whom both had made arbiter in their dispute over the control of Rs 90,000 crore Reliance group, ahead of the crucial board meeting of the flagship
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MUMBAI: Reliance Energy chairman Anil Ambani tonight refused to join issues with his elder brother Mukesh Ambani on the raging battle between them.