Why did Anil Ambani leave Reliance Infra and Reliance Power? | Daily News Byte

[ad_1] Anil AmbaniThe good old days are unlikely to return anytime soon. “without money” the younger brother of Asia’s richest man Mukesh Ambanilast week, he resigned as director of Reliance Power and Reliance Infrastructure, after the Securities and Exchange Board of India (Sebi) order barred him from association with any listed company. The two companies…

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SREI Equipment Finance files for bankruptcy against Reliance Infrastructure Limited | Daily News Byte

[ad_1] Reliance Infrastructure Limited has announced that the financial creditor namely SREI Equipment Finance Limited has filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 in respect of an amount of Rs.38.6 cr. NCLT has not yet issued any notice to the Company regarding the above. The company disclosed this in…

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