Reliance Infrastructure announced in a separate filing to the stock exchange that Anil Ambani had stood down from the board "in line with the SEBI interim ruling."
India's commerce minister has set some ambitious ambitions for the next decade, only two days after the country reached $400 billion in exports.
The minister also explained the Budget proposal to tax any revenue from the transfer of virtual digital assets (VDA), such as cryptocurrencies, at 30%, in response to a discussion on the Finance Bill, which was adopted by the Lok Sabha.