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Anil Ambani

Anil Ambani at Supreme Court

November 24, 2009 World

New Delhi: In the lieu of the RNRL case, Mr. Anil Ambani himself made a debutant entry in the Supreme Court.

Anil Ambani went straight to the chambers of senior counsel Ram Jethmalani, at whose insistence he was there on Tuesday, though RNRL’s arguments started on Thursday.
Anil Ambani said, “My presence in the Hon’ble Supreme Court [...]

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Ambanis’ issue for supply of gas continues in court

November 18, 2009 World

Mumbai: The Centre on Tuesday said Mukesh Ambani’s RIL was only a contractor for exploration. It was barred from having a private agreement with Anil Ambani’s RNRL for supply of gas that violated the production sharing contract (PSC).

“We do not know whether the Ambani brothers have colluded or have fallen apart over the issue of [...]

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Reliance Industries bound to supply gas to us: Anil Ambani firm

September 9, 2009 Business

Anil Ambani group firm Reliance Natural Resources Ltd (RNRL) Wednesday told the Supreme Court that Reliance Industries Ltd (RIL), belonging to elder brother Mukesh Ambani, was under a binding obligation to supply gas to it.
In an affidavit filed in the apex court registry, RNRL also contended that the government had no role to play either [...]

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Reliance Capital eyes banking, public offer for insurance arm

July 21, 2009 Business

Reliance Capital plans to enter the investment banking business over the next year, even as the company is looking to sell part stake in the insurance business to unlock shareholder value, its chairman Anil Ambani said here Tuesday.
“At Reliance Capital, we continually scan the horizon for new business avenues. Over the next 12 months, we [...]

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Anil Ambani firm asks court to dismiss government stand on gas dispute

July 18, 2009 Business

Industrialist Anil Ambani’s energy firm, locked in a legal battle with elder brother Mukesh Ambani’s Reliance Industries over supply of gas, has asked the Supreme Court to dismiss the government’s affidavit on the issue.
The petroleum ministry previously withdrew all its affidavits when the matter was being heard in the Bombay High Court and hence [...]

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Anil Ambani-controlled Mudra launches new agency

July 7, 2009 Business

The Anil Ambani-controlled advertising group Mudra Tuesday launched a new company, Ignite Mudra, specifically for building brands for new entrepreneurs.
“The Mudra group has been responsible for building several iconic brands such as Vimal, Dhara, Rasna, Itchguard, Dermicool, Moov and Nutralite for the past three decades,” said Ignite Mudra president Chandan Nath at a press conference [...]

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Anil Ambani, Azim Premji, Vikas Swarup to be honoured at Synergies Summit

June 9, 2009 Business

India’s leading businessmen Anil Ambani and Azim Premji, as also author Vikas Swarup of “Slumdog Millionaire” fame, will be honoured at a Synergies Summit here next week to “reboot” US-India ties.
While Wipro Chairman Azim Premji will be honoured with the Global Vision award, Anil Ambani of the Anil Dhirubhai Ambani Group will receive the Global [...]

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Anil Ambani firm ventures into animation education

June 3, 2009 Business

The Anil Ambani group has forayed into animation education by launching the Big Animation Infotainment and Media School or Big Aims, a training institute in Pune.
“Big Aims is unique and a first-of-its kind,” said Ashish Kulkarni, chief executive of Big Animation, the group company that launched the project and made the animated TV series “Little [...]

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Anil Ambani group firms among top stock performers

May 25, 2009 Business

Three companies in the Reliance Anil Dhirubhai Ambani Group were among the five top-performing stocks of the S&P CNX Nifty of the National Stock Exchange (NSE) last week, all of them outshining the 50-share index by a wide margin.
With a gain of 52.7 percent, Reliance Capital was the best performer among the Nifty stocks. The [...]

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Anil Ambani’s video rental firm now targeting smaller cities

May 14, 2009 Business

Home video rental company BIGFlix, a subsidiary of the Reliance Anil Dhirubhai Ambani Group (ADAG), is planning to channelise over 50 percent of its total investment on expansion in tier-two cities in the second quarter this fiscal.
In 2008, BIGFlix had announced it would invest Rs.400 crore (Rs.4 billion) over three years.
“We are looking at investing [...]

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