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By 2002, Reliance had grown into a U$15 billion conglomerate. 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 ...
For manipulating shares of Reliance Petroleum Limited (RPL), Reliance Industries was fined Rs. 950 crore (about 447 crore in retracted gains and 500 crore in interest) in 2007. [105] In April 2006, RPL went public as a Reliance subsidiary at a price of Rs. 60 per share.
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 .
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Reliance Capital Limited is an Indian diversified financial services holding company promoted by Reliance Anil Dhirubhai Ambani Group. [3] [4] Reliance Capital, a constituent of Nifty Midcap 50 and MSCI Global Small Cap Index, is a part of the Reliance Group. It is amongst India's leading and most valuable financial services companies in the ...
Disney’s dominance has been challenged by the Ambani-controlled Viacom18 group and its suite of Jio-branded operations that stretch from mobile phones, to broadband internet and, latterly ...
After the open offer was completed, Reliance Infrastructure held 36.5% equity in Pipavav Shipyard and Anil Ambani was appointed as the chairman. [10] The company was renamed to Reliance Defence and Engineering on 3 March 2016 and again renamed to Reliance Naval and Engineering Limited on 6 September 2017. [11]
Reliance Communications Limited has paid ₹ 5.5 billion (equivalent to ₹ 6.8 billion or US$79 million in 2023) to Swedish multinational telecom and networking firm Ericsson a day before the Supreme Court’s deadline, the Anil Ambani-led company said in a statement.