Anil Ambani slams move for shares&#39; buyback:
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[Business India]: Mumbai, Dec 27 : Setting the ball rolling for a stormy meeting of the flagship company Reliance Industries Limited (RIL), Vice-chairman and Managing Director Anil Ambani, fighting a bitter battle with elder brother Mukesh, today slammed
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BANGALORE, India The board of Reliance Energy, part of India&#39;s biggest industrial conglomerate, on Tuesday asked six directors to reconsider their resignations, giving investors hope that the power struggle between the Ambani brothers over control of the
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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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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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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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MUMBAI: Mukesh Ambani, the chairman and one of the promoters of Reliance Infocomm, will forego the Rs 50-crore worth of sweat equity given to him in the company, in a stunning development that removes a serious bone of contention between him and his
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MUMBAI: Mukesh Ambani on Monday seized the psychological initiative in his ongoing tussle with estranged brother Anil Ambani by getting the 12-member Reliance board to back his leadership and approve all his proposals, including the countryâs largest
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ABN Amroâs board said Sunday that it would not recommend either of the two takeover offers it had received.
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Deutsche Boerse's takeover bid for the London Stock Exchange is criticised by one of its own shareholders.
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Shareholders in BSkyB made their objections to the group&#39;s controversial buyback plan known yesterday when almost a fifth of the votes cast were in opposition to the proposal.
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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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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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Reliance Industries (RIL) has earmarked Rs 2,999 crore for the share buyback, making it the largest ever buyback in the history of corporate India.
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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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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 board of directors of Reliance Industries Ltd (RIL), in its first meeting after the feud between the Ambani brothers became public, today attempted to soothe investor anxiety by explicitly backing Chairman Mr Mukesh Ambani as the leader of an
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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