Anil Ambani

Indian businessman

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January 2023 The Bombay High Court questioned the Income Tax Department's accusation of tax evasion after Ambani challenged the notice.
February 20 2022 Anil Ambani's elder son Jai Anmol married Krisha Shah, daughter of the late Nikunj Shah, in a family wedding ceremony.
October 2021 Named in the Pandora Papers along with his brother Mukesh Ambani.
February 2020 Engaged in a legal battle with 3 Chinese banks, publicly stating his net worth was zero after considering liabilities.
February 2020 Declared bankruptcy before a UK court, marking a significant downturn in his business career after previously being the sixth richest person in the world.
April 2019 Three ADAG Companies reached a standstill agreement with Franklin Templeton after a secured NCD default, which led to significant regulatory changes and impact on 300,000 investors.
January 2019 A Mumbai court held Ambani in criminal contempt for non-payment of personally guaranteed debt by Reliance Communications to Ericsson, with a one-month deadline to arrange funds.
2018 Anil Ambani's defence manufacturing company was accused by the Indian National Congress of receiving preferential treatment from Prime Minister Narendra Modi in a significant fighter aircraft deal, reportedly at the expense of a public sector enterprise (HAL).

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