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...Neither Mukesh Ambani’s Reliance Industries, nor Anil Ambani’s Reliance ADAG, nor the Adani Group responded to requests for comment. N....
...However, the tribunal report suggests that Reliance itself began a process that led to investments being made, saying: “Reliance ADAG informed Mr Karpe that it wanted to invest in Reliance Communications...
...Reliance Capital, part of Reliance ADAG, Anil Ambani’s debt-ridden empire, is reported to have found foreign investors for a 26 per cent stake in its general insurance arm....
...The executives released on bail included Gautam Doshi, Hari Nair, Surendra Pipara, three managers from billionaire Anil Ambani’s Reliance ADAG; Sanjay Chandra, the managing director of Unitech; and Vinod...
...Gautam Doshi, a managing director of Reliance ADAG, Mr Ambani’s holding company, Hari Nair and Surendra Pipara, Reliance senior vice-presidents, the three executives named by the CBI are detained at Tihar...
...As of March 31 2011, out of 194 mining projects allocated to India’s public and private sector companies, including conglomerates such as Reliance ADAG, Essar and the Tata Group, only 28 had been developed...
...On the first day of the trial, Judge Saini examined the corporate relationship between Reliance Communications, part of the Reliance ADAG conglomerate led by billionaire Anil Ambani, and Swan Telecom, a...
...Some of the others are Tata, Jindal, Vedanta, Mittal, Infosys, Essar and the other Reliance (ADAG), owned by Mukesh’s brother Anil....
...His appeal comes at a time when concerns are rising about debt owed by the country’s major industrialists, such as Vijay Mallya, the chairman of UB Group, and Anil Ambani, the chairman of Reliance ADAG,...
...Executives facing charges include Shahid Balwa, vice-chairman of Etisalat’s Indian arm, Gautam Doshi, a managing director of Reliance ADAG, Hari Nair and Surendra Pipara, Reliance senior vice-presidents;...
...Andimuthu Raja, India’s former telecoms minister, as well as executives from Anil Ambani’s Reliance ADAG holding company; the head of DB Group, which has a partnership with Etisalat of the United Arab Emirates...
...Anil Ambani’s Reliance ADAG holding group has filed a complaint with India’s market regulator urging a probe of alleged illegal trading in its companies’ shares, which tumbled as much as 18.8 after reports...
...On Tuesday, Anil Ambani, another Mumbai-based business leader and chairman of Reliance ADAG, followed in his footsteps....
...Anil Ambani’s Reliance ADAG holding group said that India’s anti-corruption watchdogs had questioned some of their officials as part of an investigation linked to a multi-billion-dollar scandal over the...
...Iran sets stage for tense Opec meeting * India’s JSW to raise $2.3bn for Bengal steel plant * Huaneng Renewables plans $1bn relaunched IPO * India’s GVK in talks to borrow $850m for Hancock mines * Reliance-ADAG...
...Others fear that an intensifying investigation by the Central Bureau of Investigation, which has already questioned Mr Raja, officials in Tamil Nadu and Anil Ambani, the chairman of Reliance ADAG, may also...
...be seen as poor corporate governance by prospective investors, especially by the overseas and institutional investors … [It] will certainly haunt [Ambani’s groups] at every capital raising programme of ADAG...
...Executives charged include Mr Balwa, vice-chairman of Etisalat’s Indian arm; Gautam Doshi, a managing director of Reliance ADAG; Hari Nair and Surendra Pipara, Reliance senior vice-presidents; and Sanjay...
...As India’s stock market investors watched in disbelief, Anil Ambani saw a whopping $2.6bn wiped off the value of his Reliance ADAG group of six publicly-traded companies in a single day on Wednesday....
...Meanwhile, Reliance ADAG, the holding company controlled by Anil Ambani, the billionaire industrialist, signed a string of loan deals in 2010 worth about $14bn with Chinese banks to cut debts and buy equipment...
...Reliance ADAG, the telecoms-to-power conglomerate controlled by Anil Ambani, the billionaire industrialist, signed a string of loan agreements in 2010 worth almost $14bn with Chinese banks....
...Volatile fortunes among some leading groups, for instance Anil Ambani’s Reliance Adag, are evidence of a bruising market....
...Till now Mukesh Ambani he and younger brother Anil (who runs a separate group, Reliance-ADAG) have not been seen as wise choices for companies seeking joint ventures and investment partners in India....
...Anil Ambani, the billionaire owner of India’s Reliance ADAG, has sparked a bidding war for Fame India, a film distributor in a country where hostile takeovers are rare....
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