Anil reiterates opposition to share buy-back scheme
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MUMBAI, Dec. 27. - Mr Anil Ambaniâs opposition to the buy-back proposal was reiterated at the RIL board meeting here today. Before entering the board room he quoted a Chinese philosopher: âObjective
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MUMBAI: Declaring a war against warring elder brother Mukesh, Reliance Industries Ltd Vice Chairman and Managing Director Anil Ambani on Monday lashed out at the proposed buyback ahead of the crucial board meeting questioning the intentions of the move.
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Reliance Industries is torn by disputes between brothers Mukesh and Anil Ambani over the intricate ownership structure of the company left by their father.
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Mumbai: Mukesh Ambani, battling with Anil Ambani over control of the Rs 90,000 crore Reliance Group, today appeared to have won the first round with the entire RIL board backing him fully on the controversial proposal for buy-back of shares and other
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Mukesh Ambani, chairman and managing director of Reliance Industries Limited (RIL) today virtually rejected his younger brother and RIL vice chairman Anil Ambani&#39;s objections to the redefining of the power and authority of the CMD.
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Mittal Steel&#039;s chairman said on Wednesday  he was confident Arcelor investors would reject a tie-up with  Severstal, which was mulling its options after being spurned in  a takeover tussle.
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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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NEW DELHI  - The rift in India&#39;s Ambani family which controls India&#39;s biggest private enterprise group Reliance deepened as elder brother Mukesh rejected his younger brother&#39;s objections to a change in their management roles, a report said.
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The company said the decision was a &quot;major step&quot; towards implementing its controversial rescue plan. Major shareholders are opposing the deal, which hands control of
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PTI, New Delhi, Nov 28: The battle between Ambani brothers over ownership issue of Rs 90,000 crore Reliance empire today intensified with Mr Anilâs camp mounting attack on elder brother and Reliance Industry CMD, Mr Mukesh accusing him of rebuffing
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MUMBAI: It was a roller coaster ride for Reliance Industries (RIL) which announced its buyback programme on Monday. RIL and other group shares - Reliance Energy (REL), IPCL, Reliance Capital and Reliance
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The London Stock Exchange   reiterated its opposition to a hostile bid from Nasdaq Stock  Market Inc  on Monday, noting that valuations of  trading exchanges had risen since its U.S. rival launched its  bid.
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Oilfield services firm Halliburton Co. on Friday advised its shareholders to reject a discounted tender offer from a Canadian investment company that is looking to buy up to 3 million Halliburton shares.
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Banknorth Group Inc.'s biggest investors are voicing concerns about the proposed sale of a controlling stake to Toronto-Dominion Bank .
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A day before the nuclear-armed rivals were due to discuss confidence building steps, Pakistan said it objected to India raising Islamabad&#39;s conventional arms purchase plans as an issue given its own active buying programme.
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General Motors Corp., resisting new overtures from Isuzu Motors Ltd., said it&#39;s not planning to raise its stake in the Japanese company by participating in a stock buyback plan.
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Gordon Brown says it would be wrong to dismiss any options over Northern Rock - including nationalisation.