The woes of the head of debt-ridden Reliance Dhirubhai Ambani Group, Anil Ambani, are rising everyday. Now, the State Bank of India has approached the National Company Law Tribunal, citing the Personal Guarantee Act of Bankruptcy Law. SBI has registered a complaint with the NCLT, and demanded Rs 1,200 crore which was lent to Reliance Communications as a corporate loan under the Personal Guarantee Act. Senior economic journalist Paranjoy Guha Thakurta presents an analysis.
Articles: Latest
- Union Budget 2026: FM Nirmala Sitharaman Presents A Lacklustre Budget With No big-bang Announcements
- Why caste census will not annihilate the foundations of inequality
- Institutional Erosion: Mockery of Parliament
- Silence Of The Looms
- Human Rights in New India
- The Oil Triangle: How Putin’s Oil Put Ambani in Trump’s Line of Fire
- Bihar: “Call it a ‘special invasive reconstruction’”
- How India’s Corporate Whistleblowers Face Retaliation & Get No Protection From A Law Govt Keeps Dormant
- Two Books Remind Us of the Importance of June 4, 2024
- DOES MEDIA ADVOCATE PEOPLE’S ISSUES ANYMORE?
Featured Book: As Author
An Unflattering Story About Ola's Bhavish Aggarwal
Behind the Incredible Rise and Impending Fall of an Indian Unicorn
- Publisher: Paranjoy
- 148 pages
- Published month:
- Buy from Amazon
Link of the recording of the 70-minute deposition on 14 February 2022 by Paranjoy Guha Thakurta to the Supreme Court-appointed committee headed by Justice (retired) R V Raveendran on allegations of misuse of the Israeli Pegasus spyware on Indian citizens: https://pegasus-india-investigation.in/depositions/paranjoy-guha-thakurta-statement/