I was not consulted on buy-back: Anil Ambani
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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: 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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Caught in a row with elder brother Mukesh Ambani over the ownership of Reliance empire, Reliance Energy chairman and managing director Anil Ambani on Sunday sought to enlist support of all the 25,000 strong workforce of the company saying like them he was
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Mumbai: Mr Mukesh Ambani, the chairman and managing director of Reliance Industries and Reliance Infocomm, could be liable to pay personal income-tax of Rs 3,000 crores on the 50 crore shares that he had sought to annul on Thursday.
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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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MUMBAI: Reliance Energy chairman Anil Ambani tonight refused to join issues with his elder brother Mukesh Ambani on the raging battle between them.
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The chairman of India&#39;s Reliance Industries has denied any family dispute over the ownership of the country&#39;s largest private company.
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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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The chief of India&#39;s largest private company, Reliance Industries, calmed investor jitters Monday, saying his comments in an interview about an ownership dispute were &quot;torn out of context.
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Prime Minister Gordon Brown said Sunday he was not secretly negotiating the future of troubled bank Northern Rock with Virgin boss Richard Branson, who was travelling with him in India.
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The company&#39;s chief financial officer said he won&#39;t return until he learns whether the government is planning charges against him.
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[Business India]: Mumbai, Dec 26 : Reliance Industries Board is likely to fix tomorrow a price of around Rs 550 a share for the proposed buyback of the company&#39;s equity that had taken a beating in the last one month following the battle between Ambani
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MUMBAI, NOVEMBER 22 : Five days after rattling the markets and corporate India with his statement on TV about ââownership issuesââ in the Rs 99,000-crore Reliance group, Reliance Industries chairman Mukesh Ambani did some damage control on Monday.
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Mumbai, Nov. 30 (PTI): Reliance Energy CMD Anil Ambani, who is engaged in a tussle with his brother Mukesh, over the control of the Rs 90,000 crore business empire, today avoided the media after attending the crucial Board meeting.
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MUMBAI/NEW DELHI: The stage is set for a family meeting of the Ambanis in Mumbai on Monday on the ownership issue in the Rs 80,000 crore Reliance group as Mukesh Ambani has returned from the US while Anil is understood to have authorised his mother to
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Reliance Industries Ltd.&#39;s board approved a share buy-back plan on Monday, but Vice-Chairman Anil Ambani abstained from voting amid a deepening family row in India&#39;s largest private sector company.
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New Delhi, Nov. 22 (PTI): Shares of Reliance group companies recovered in late trading today with Chairman Mukesh Ambani, making clear his statement on the &quot;ownership issues&quot;, which lifted the sensex by 2.09