Reliance's Anil says was not informed on share buy-back
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Reliance Industries Ltd. vice-chairman Anil Ambani said on Monday a share buy-back at this time was "completely inappropriate" and that he was neither consulted nor informed of the proposed share buy-back.
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MUMBAI: Amid reports that announcement of Rs 11,000 crore investment in Uttar Pradesh by Reliance Energy was among the reasons for rift between the Ambani brothers, REL on Tuesday decided to approach parent company Reliance Industries Ltd on its future
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Investors did not give the company a ringing endorsement today.
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MUMBAI: Mukesh Ambani, chairman of the $11.5-bn oil-to-fabrics conglomerate Reliance Industries, has finally broken his silence over the media speculation surrounding reported differences between him and his younger brother, Anil Ambani, the companyâs
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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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THE decision of the board of Reliance Industries Ltd (RIL) to put through the buyback proposal using the open market purchase route through the stock exchanges is largely on expected lines.
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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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By Manash Goswami  Reliance Industries, India's most valuable company, approved a plan to buy all the shares it does not own in Indian Petrochemicals, aiming to consolidate chemicals manufacturing in one company.
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MUMBAI, Nov. 25. - Mr Anil Ambani, chairman of Reliance Energy Limited, tonight refused to take issue with his elder brother, Mr Mukesh Ambani, on the raging controversy over ownership of RIL.
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A rift between the Ambani brothers, who run India's Reliance conglomerate, is unlikely to be resolved soon, the younger brother indicated on Thursday after six directors resigned from the board of Reliance Energy Ltd..
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MUMBAI: Anil D Ambani, vice-chairman and MD of Reliance Industries (RIL), has claimed that the RIL board was not informed about changes in the equity structure of Reliance Infocomm, though RIL is a large shareholder and has invested over Rs 12,000 crore
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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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Investors hope a dispute within Reliance Industries Ltd., India's largest private sector company, which has weighed on markets for over a month, will soon be resolved after the chairman's surprise offer to surrender a stake in a group firm.
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Reliance Industries (RIL) is likely to be under pressure to announce a share buyback at an attractive price at Mondayâs board meeting, analysts said.
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[Business India]: Mumbai, Nov 21 : As millions of Indians are held in thrall by reports of a family feud in Reliance Industries, the country&#39;s largest company, experts say it would be premature to talk about a split as yet.
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Reliance Energy Chairman Anil Ambani on Thursday refused to join issue with his elder brother Mukesh Ambani on the battle raging between them.
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BOMBAY  - Investors in Reliance group companies are counting the cost of the ownership spat between the the Ambani brothers since it emerged into the open two weeks ago, undercutting confidence in India&#39;s largest private group and a key shareholding