Anil Ambani

Anil Ambani To Invest In Solar & Hydropower Projects 

Anil Ambani To Invest In Solar & Hydropower Projects 

The Indian business tycoon and the managing director of Reliance Group, Anil Ambani, has taken a bold move. He has announced a significant investment in Bhutan to plant 1270 megawatts of solar and hydroelectric power projects, which could entail investments of up to $1 billion.   Reliance Enterprises has partnered with Bhutan’s Druk Holding and Investments…

Jai Anmol Ambani To Pay Fine To SEBI For Irregularities

Jai Anmol Ambani To Pay Fine To SEBI For Irregularities

The Securities and Exchange Board of India (SEBI) has fined Anil Ambani’s son, Jai Anmol Ambani, Rs. 1 crore for alleged irregularities in Reliance Home Finance. In the Reliance Home Finance matter, he failed to exercise due diligence while approving general-purpose corporate loans. Gopal Krishnan, the chief risk officer of Reliance Housing Finance, was also…