Anil Ambani may sell Big FM to Dainik Jagran for Rs 1,200 crore

Reliance Communication (RCom) chairman Anil Ambani who is not having a good time in business may have found a buyer for Reliance Broadcast Network (RBN) which operates Big FM radio channel. Continue Reading

Law law land

In a strongly-worded order, a bench, headed by Justice R F Nariman, directed Ambani to pay Rs 453 crore to the Swedish telecom equipment maker within a month and said a three-month jail term would follow if the payment was not made in time. Continue Reading