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Top Court Reserves Order On Ericsson India's Plea Against Anil Ambani

Thursday, February 14, 2019, 7:22 AM

Telecom equipment maker Ericsson India on Wednesday alleged in the Supreme Court that the Reliance Group has money to invest in the Rafale jet deal but they were unable to clear its Rs. 550-crore dues, a charge which was vehemently denied by the Anil Ambani-led company. This was the second day when Anil Ambani was in court over the contempt notice.
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SC reserves order on Anil Ambani contempt case

Wednesday, February 13, 2019, 6:36 PM

The Supreme Court Wednesday reserved its verdict on Ericsson India's plea seeking contempt action against Reliance Communications Ltd chairman Anil Ambani and two others for non-clearance of its Rs 550-crore dues. The plea by Ericsson had sought that the court direct Ambani and the lenders forum to hand over the Rs 550 crore with interest from sale proceeds as per the October 23 order.
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Rafale deal: Reliance Defence rejects Rahul Gandhi's charges

Tuesday, February 12, 2019, 6:48 PM

Reliance Defence rejected accusations of Anil Ambani being already aware of the Rafale deal made by Congress President Rahul Gandhi. Gandhi alleged a 2015 e-mail purportedly written by Airbus showed Ambani met then French Defence Minister. "Purported e-mail was a discussion between Airbus and Reliance Defence regarding Civil & Defence Helicopter Programs under 'Make in India'," the company said.

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