Mukesh Ambani launches fin academy

    When it comes to things that RIL boss Mukesh Ambani plans, big names have to be involved. Recently, when the senior Ambani launched an e-learning training centre, Finance Control and Accounting Learning Academy, the partners were Harvard Business School and PWC, along with Finitiatives Learning India. With generous help from HBS and PWC, the academy will have 81 e-learning courses that will involve case studies and classroom trainings meant for indepth knowledge of finance, accounting management, taxation, IFRS and trade finance. Earlier, Ambani was on the board of Mudra Institute of Communications, Ahmedabad, and Dhirubhai Ambani Institute of Information Communications and Technology (DA-IICT) but resigned after it went to Anil Ambani when they parted ways. Currently, he is on the boards of several trusts that run educational institutions and is also the president of Pandit Deendayal Petroleum University in Gandhinagar. 
Anil Ambani can again invest in markets 
    The New Year will bring some muchneeded relief for Reliance-ADA Group chairman Anil Ambani. From Monday, he can again invest in the stock markets as the Sebi-consented ban that was imposed on him about a year ago ended on December 31. The ban relates to the group's investment of money raised through ECB and FCCB in the market, especially in group firms through overseas investment vehicles also owned by him. Indian law prohibits Indian nationals and firms from investing through this route. In January 2011, through a consent order, Ambani, along with colleagues Satish Seth, J P Chalasani, Lalit Jalan and S C Gupta, and also group firms RCOM, R-Infra and RNRL had agreed not to trade in the market till the end of the year. The executives had also paid Rs 50 crore to settle the case with Sebi. 
    ( C o n t r i b u t e d b y P i y u s h P a n d e y )