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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.
Mar 6, 2024 · Faced with mounting debts, Anil Ambani sought relief through a $1.2 billion loan backed by a personal guarantee from Chinese banks, which ultimately failed to turn his fortunes around. The list of creditors awaiting repayment grew longer, putting further strain on his financial resources.
Mar 4, 2019 · Anil Ambani is the younger brother of Mukesh Ambani and a diversified businessman with interests in financial services, defence, infrastructure and media. He faced legal troubles over his debt-laden Reliance Communication and dropped off the Forbes list in 2020.
Mar 15, 2019 · From being one of India's star businessmen to a defaulter facing a jail term, Anil Ambani's business debacle is a textbook case of unbridled ambition and risky business ventures gone wrong. Where does he go from here?
May 30, 2024 · 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.
Mar 26, 2022 · Ambani has resigned as the non-executive director in compliance with the Securities and Exchange Board of India’s interim order, both the companies said in an exchange filing late Friday.
Feb 25, 2019 · Indian billionaire Anil Ambani has spent years fending off creditors and suing critics of his debt-saddled business empire. But his moment of reckoning may have arrived.
