Anil Ambani: How the world's former 6th richest man became bankrupt, banned in just over a decade

Anil Ambani and 24 other entities have been banned by SEBI from the securities market for five years due to fund diversion allegations at Reliance Home Finance Limited. SEBI imposed a ₹25 crore fine on Ambani. Additionally, the Supreme Court overturned an ₹8,000 crore arbitral award involving Ambani's Reliance Infrastructure subsidiary. Ambani's financial struggles continue amid extensive legal challenges and failed ventures.