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Mukesh Ambani news

BREAKING: SEBI penalizes Mukesh/Anil Ambani family with Rs25 cr fine for RIL shareholding irregularities

The Securities and Exchange Board of India (SEBI) has penalized the Ambani brothers – Anil and Mukesh Ambani, their spouses, and some other individuals Rs25 crore, Live Law reported on Wednesday. The Ambani family and others were penalized for irregularities relating to the issue of 12 crore equity shares in January 2000 by Reliance Industries Ltd...

Mukesh Ambani Threat Case: NIA seizes black Mercedes used by arrested cop Sachin Vaze

In the latest development in the ongoing probe in the Mukesh Ambani threat case, the National Investigation Agency (NIA) has seized a black Mercedes-Benz car that was allegedly used by arrested cop Sachin Vaze. It has also recovered a note counting machine, Rs 5 lakh in cash, some clothes and the number plate of the...

Explosive-laden car outside Ambani home: Mumbai Cop Sachin Vaze arrested

Maharashtra Assistant Police Inspector Sachin Vaze was on Saturday late night arrested by the National Investigation Agency (NIA) that is probing the threat to businessman Mukesh Ambani. He was arrested for his part in placing an explosive-laden Scorpio car outside the house of Reliance Industries chairman Mukesh Ambani. Before his arrest, he had been questioned...

KKR to invest Rs 5,550 cr in Reliance Retail

Mukesh Ambani-owned Reliance Industries Limited (RIL) on Wednesday informed that global investment firm KKR is all set to invest Rs 5,550 crore in Reliance Retail Ventures Limited (RRVL). Notably, RRVL is a subsidiary of Reliance Industries. According to Reliance, KKR’s fresh investment values Reliance Retail at a pre-money equity value of Rs 4.21 lakh crore....