Anil Ambani steps down from board of Reliance Power & Reliance Infrastructure

Anil Ambani on Friday stepped down from the board of Reliance Infrastructure and Reliance Power. The development comes over a month after the Securities and Exchange Board of India (SEBI) restrained him from associating himself with any listed public company. He was also barred from the securities market for allegedly siphoning off funds from Reliance Home Finance Limited (RHFL).