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Once the world's sixth-richest billionaire, Anil Ambani declared himself a pauper to Chinese banks in 2020.
In February 2019, the Supreme Court has held Anil Ambani and three others guilty of contempt of court and directed them to make payments by 19 March. In the meantime, Mukesh Ambani , the elder brother of Anil helped him with a bailout of ₹ 4.63 billion (equivalent to ₹ 5.8 billion or US$66 million in 2023) which he paid just a day before ...
After the death of Dhirubhai Ambani on 6 July 2002, Reliance was headed by his two sons. The Reliance ADA Group was formed in 2006 after the two brothers Mukesh Ambani and Anil Ambani, split Reliance Industries in December 2005. [3] [4] Anil Ambani got the responsibility of Reliance Infocomm, Reliance Energy, and Reliance Capital.
The Ambani family holds around 45% of the shares in RIL. [127] Since its inception, the company was managed by its founder and chairman Dhirubhai Ambani. After suffering a stroke in 1986, he handed over the daily operations of the company to his sons Mukesh Ambani and Anil Ambani. After the death of Dhirubhai Ambani in 2002, the management of ...
Ambani, 66, is chairman and managing director of Reliance Industries, a Mumbai-based conglomerate with business in everything from retail, natural gas, and petrochemicals to telecommunications ...
It also covers the legal dispute between Mukesh Ambani and Anil Ambani over the pricing of gas supply between their two firms. [ 3 ] [ 4 ] It discusses technical issues of deep-sea drilling. It also includes an investigative report prepared by the Comptroller and Auditor General of India (CAG) of the alleged malpractices of Reliance Industries ...
Dhirubhai Ambani (born December 28, 1932) was the child of school teachers in a small village in Gir Somnath, now known as Gujarat, India. [6] Around the age of 17, Ambani travelled to Aden, Yemen, a former British colony on the Arabian Peninsula, to work at a trading firm called Antonin Besse and Company (Besse & Co.). [7]
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