Sebi bans Reliance Home Finance
Mukesh Ambani, his younger brother, is creating new businesses and amassing wealth. He has tasted the glory of becoming India's richest man. Meanwhile, Thampi Anil's company, reliance Power, has lost a lot of money since its establishment. The villain is enslaved by debt and unable to escape. He has been attempting to settle the loan by selling assets in order to cause a severe financial crisis for the credit companies.
Three big Chinese banks have filed a lawsuit in london for refusing to compensate Anil Ambani. anil ambani told a london court that there was no money to repay the loan in this case. reliance home Finance, owned by anil ambani, has been restricted from trading in securities, including the stock market and bond issuance, by SEBI. anil ambani and three others have also been barred from entering the country. amit Babna, ravindra Sudhakar, and Pingesh R. Shah are the other three.