Reliance asks directors who quit to reconsider
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The board of Reliance Energy, a unit of Reliance Industries, said the six directors, all long-time employees of the group, would resume their normal duties and that it continued
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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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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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The board of Reliance Energy Ltd (REL) met on Tuesday and requested its six directors to reconsider their resignations. A Reliance Energy spokesperson told reporters that the &quot;the board reposed full trust
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New Delhi: In a counter-offensive against warring younger brother Anil, Reliance Industries chairman Mukesh Ambani on Thursday gave up Rs 50 crore shares at face value in the Reliance Infocomm, ahead of the crucial Board meeting of the flagship company on
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The Securities and Exchange Board of India will examine the legal aspects of alleged insider and unfair trading practices in Reliance Industries&#39; scrip in the wake of RIL vice-chairman and managing director Anil Ambani&#39;s comments before the company&#39;s
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Reliance Energy Ltd, headed by Anil Ambani, on Tuesday said it would not allow speculators to gain advantage of the &quot;extra-ordinary events&quot; related to the group during the share buyback period which has been extended by three months to March 17.
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Company is considering a gradual exit from processor sales.
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Reliance Energy on Tuesday decided to approach its principal shareholder Reliance Industries on &quot;matters concerning the future prospects of the company&quot; and reposed full faith in the present management led by chairman and managing director Anil Ambani.
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Executives urged to quit over risks that took lender to the brink of collapse.
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Anil Ambani, the vice-chairman of India's Reliance Industries Ltd., said on Thursday he would make a statement at an appropriate time about a controversy over differences with brother and chairman Mukesh.
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Two of Franklin Resources Inc.'s board members have resigned, but the mutual fund company hopes to bring back one of the departing directors.
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[Business India]: Mumbai, Nov 26 : The much talked about family feud over the control of Reliance Industries, India&#39;s largest industrial house, is set to turn into a full-fledged boardroom battle that may entail a revamp of the company&#39;s management.
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Q&A: When is it OK to recontact an employer and say you're reconsidering? If so, what approach should you use?
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By Manash Goswami  Reliance Industries, the most valuable company in India, 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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Reliance Industries Vice Chairman Anil Ambani on Monday night disassociated himself from virtually all the decisions taken by the board of directors of RIL, which met in Mumbai under chairmanship of his elder brother Mukesh Ambani, who was backed by the
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MUMBAI/NEW DELHI: The stage is set for a family meeting of the Ambanis here on Monday on the ownership issue in the Rs 80,000 crore-Reliance group of industries as Mukesh Ambani returned from the US even as his brother Anil is understood to have