Tag: anil ambani

SEBI bans Anil Ambani, 24 other entities from securities market for five years

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SEBI has barred industrialist Anil Ambani from the securities market for five years for diversion of funds from the company. | Photo Credit: Reuters Market regulator SEBI has barred industrialist Anil Ambani, 24 other entities, including former key officials of Reliance Home Finance from the securities market for five years for diversion of funds from…

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Anil Ambani suffers another setback as SC sets aside arbitral award of ₹8,000 crore in favour of Reliance firm

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He was ranked the sixth richest person in the world in 2008 but a series of setbacks — the latest being the Supreme Court setting aside a ₹8,000 crore arbitral award that was granted in favour of a firm in his group — reversed his fortunes. An MBA from Wharton School, Anil Ambani, 64, the…

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Business