SEBI has asked for a forensic audit of the company’s financial statements for three fiscal years to March 2018.
Anil Ambani is waging a war on debt. Reliance Group repaid Rs 350 billion in the past 14 months through asset disposals. But a large pile remains.
The group will sell as much as 30 per cent in the solar engineering arm of Sterling & Wilson Pvt.
Tata Sons is in talks with the government about a potential haircut to state-run banks on Jet’s loans as part of the plan, while Airports Authority
Women made up 14.7% of board membership at Singapore’s top 100 listed companies and 13.8% for the 50 members of Hong Kong’s Hang Seng Index.
The company helmed by billionaire Anil Ambani is negotiating with two investors who are conducting due diligence.
The US investment firm and the Indian financial services provider are expected to deploy this sum over three years
The deal is part of a broader pact to sell most of its wireless assets to Reliance Jio.
Mistry, who derives an estimated $16.7 billion of his fortune from his 18.4% equity in Tata Sons, can no longer sell those holdings without the approv
Ambani has added $4 billion to his fortune this year as Reliance doubled its petrochemicals capacity and investors cheered the success of his disrupti
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