Mumbai: Billionaire Mukesh Ambani on Friday said his flagship firm Reliance Industries is now net-debt free after a record Rs 1.69 lakh crore fundraising in under two months. In a statement, RIL Chairman Mukesh Ambani said: “I have fulfilled my promise to the shareholders by making Reliance net debt-free much before our original schedule of […]
New Delhi: The twin children of billionaire Mukesh Ambani, Akash and Isha, have made it to the Fortune’s latest ’40 Under 40′ list of influential people around the world. The Ambani scions, who will celebrate their 29th birthday next month, feature in the technology section of the list where they have got company from India’s […]
Singapore/New Delhi: Mukesh Ambani remains at No. 1 for the 13th year in the Forbes List of Indias 100 Richest, as the tycoon added $37.3 billion, bringing his fortune to $88.7 billion, a rise of 73 per cent. Amid the Covid-19 pandemic which hit India hard and led to a sharp economic contraction, half of […]
Mumbai: The National Investigation Agency (NIA) has arrested Assistant Police Inspector Riyaz Kaji here, who allegedly helped Sachin Vaze in connection with the explosive laden SUV found outside Reliance Industries…
New Delhi: Amazon.com Inc on Sunday won an interim award against its partner Future Group selling retail business to Reliance Industries Ltd for Rs 24,713 crore after a Singapore-based single judge arbitration panel put the deal on hold. Amazon, which had agreed to purchase 49 per cent of one of Future’s unlisted firms last year […]
New Delhi: The face-off between Mukesh Ambani-led Reliance Industries Ltd (RIL) and Jeff Bezos-run behemoth Amazon over the retail assets of Future Group in India has once again exposed the ambition of the so-called “gatekeeper for e-commerce” to keep the reins of a growing retail market in the country in its hands. The legal battle […]
Gandhinagar/New Delhi: Reliance Industries Limited’s Chairman Mukesh Ambani on Saturday said hailed the passionate and dynamic leadership of Prime Minister Narendra Modi. He said, PM Modi has made the world sit up and take notice of the emergence of a New India. Ambani while addressing a convocation ceremony of Pandit Deendayal Petroleum University (PDPU) virtually […]
New Delhi: Reliance Industries (RIL) Chairman Mukesh Ambani on Tuesday said there was a requirement of policy measures for the early roll out of the fifth generation (5G) connectivity technology. Addressing the inaugural session of India Mobile Congress (IMC), Ambani said Reliance Jio will pioneer India’s ‘5G Revolution’ in the second half of 2021. He […]
New Delhi: Founder of bottled water company Nongfu Spring, Zhong Shanshan has overtaken Reliance Industries Chairman Mukesh Ambani as the richest person in Asia, with a net worth of $77.8 billion. The Bloomberg Billionaires Index showed that Zhong’s net worth has surged $70.9 billion making him the richest man in Asia above both Mukesh Ambani […]
New Delhi: Reliance Industries Chairman Mukesh Ambani topped the Forbes list of India’s 10 richest billionaires with a net worth of $84.5 billion, followed by Adani Group chief Gautam Adani.…
New Delhi: Even as the coroonavirus pandemic took away the daily bread and butter from millions in the country, Indian billionaires have increased their wealth by 35 per cent during the Covid-19 induced lockdown. A study conducted by Oxfam also revealed that their wealth increased by 90 per cent since 2009 to $422.9 billion, ranking […]
Mumbai: In a shocking development, an SUV filled with at least 20 gelatin sticks was found abandoned outside Antilia, the lavish multi-storied home of billionaire industrialist Mukesh Ambani, here on Thursday evening, officials said. “A Scorpio with 20 gelatin sticks was found near Mukesh Ambani’s Mumbai residence. The Crime Branch of Mumbai Police is investigating […]
Mumbai: The Mumbai Police early on Friday registered an FIR and launched a massive manhunt to track the two persons who abandoned an SUV with 20 gelatin sticks near the landmark Antilia builidng, the home of Reliance Industries Ltd (RIL) Chairman Mukesh Ambani. The development came after the discovery of the SUV was found parked […]
Mumbai: Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), announced on Sunday that it has acquired majority stake in its investee company skyTran Inc for a consideration of $26.76 million. With this transaction, RSBVL has increased its shareholding to 54.46 per cent on a fully diluted basis, RIL said […]
Thane (Maharashtra): In an intriguing development, police have recovered the body of a Thane-based businessman whose stolen SUV with 20 gelatin sticks was found parked near Antilia, the iconic home of Reliance Industries Ltd. Chairman Mukesh Ambani, officials said here on Friday. The body of Mansukh Hiren — who had reported his Scorpio SUV as […]
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