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Anil Dhirubhai Ambani (born 4 June 1959) is an Indian businessman, chairman, and managing director of Reliance Group (a.k.a. Reliance ADA Group). The Reliance Group was created in July 2006 following a demerger from Reliance Industries Limited.
Anil Ambani, Indian business mogul and chairman of Reliance Group. Following the 2002 death of his father, he gained control of the company’s telecommunications, power generation, and financial service units through a demerger in 2005.
anil ambani mukesh ambani/epa. Anil Ambani's empire faced initial challenges with a failed merger attempt with MTN, a South African telecom giant, aimed at easing debt on Reliance Communications, a leader in India's mobile service market.
Anil Ambani, the younger sibling of Mukesh Ambani, runs his separate empire with interests in financial services, defence, infrastructure and media.
Anil Ambani, one of India's best-known businessmen and chairman of Reliance Group, was banned from the securities market for five years and fined about $3 million by the country's markets ...
Anil Ambani's net worth and his Fall from Grace Anil Ambani’s financial troubles are not new. In February 2020, he declared bankruptcy in a UK court amid a series of legal and financial challenges. Once valued at $42 billion and ranked as the sixth richest person globally in 2008, Ambani's fortunes have sharply declined over the years.
India's markets regulator late on Thursday banned Anil Ambani, one of India's best-known businessmen, and 24 others from the securities market for five years on charges of diversion of funds.