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Tag: anil ambani news

‘Tax evasion’ case: Anil Ambani gets interim protection from coercive action under Black Money Act

Posted on June 10, 2026 By admin
‘Tax evasion’ case: Anil Ambani gets interim protection from coercive action under Black Money Act

Industrialist Anil Ambani. File | Photo Credit: Reuters The Bombay High Court (HC) has granted interim protection from prosecution and penalty to industrialist Anil Ambani in an alleged tax evasion case, while admitting his petition challenging the constitutional validity of provisions of the Black Money Act. Mr. Ambani, in his plea, said certain provisions of…

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

Posted on April 11, 2024 By admin
Anil Ambani suffers another setback as SC sets aside arbitral award of ₹8,000 crore in favour of Reliance firm

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…

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

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