Thursday, December 19

Tag: Anil Ambani

Mukesh Ambani receives death threat, email demands Rs 20 crore
28Oct By adminNo Comments
Business

Mukesh Ambani receives death threat, email demands Rs 20 crore

Reliance Industries Chairman Mukesh Ambani received death threats via email threatening to kill him if he failed to pay Rs 20 crores. According to the Mumbai police, it was written in the threatening email that "If you don't give us 20 crore rupees, we will kill you, we have the best shooters in India." After receiving the email, based on the complaint of Mukesh Ambani's security in-charge, Gamdevi Police of Mumbai registered a case against an unknown person under sections 387 and 506 (2) of IPC and started the investigation.First Published: Oct 28 2023 | 10:30 AM IST
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Three bidders in race to acquire RInfra road projects for Rs 6,000 crore
8Oct By adminNo Comments
Business

Three bidders in race to acquire RInfra road projects for Rs 6,000 crore

Anil Ambani (Photo: Bloomberg) Three bidders are in the race to acquire eight road projects of Reliance Infrastructure (RInfra), an Anil Ambani company, at an enterprise valuation of Rs 6,000 crore. Bankers said the talks are at an advanced stage with Macquarie Group, Cube Highways and Kotak Alternate Asset Managers and the sale of the entire road portfolio of RInfra is expected by this month end.   If the talks are successful, the transaction will result in RInfra’s consolidated debt coming down by over 40 per cent from Rs 14,500 crore as of March to around Rs 8,500 crore.  The projects for sale are: 88.27 km Trichy-Dindigul road, 136.36 km road between Salem and Ulundurpet, 66.18 km Gurgaon-Faridabad road, 79.95 km Trichy-Karur, 54 k...
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