Wednesday, October 27, 2021

Mukesh Ambani

Mukesh Ambani with a net worth of $ 92.7 billion tops 2021 Forbes list of India’s richest

In this bumper year, more than 80 per cent of the listees saw their fortunes increase, with 61 adding $1 billion or more.

Reliance slips 59 places on Fortune list

Reliance took a beating on the rankings as revenues dropped owing to the COVID-19 pandemic. This is its lowest ranking since 2017.

Reliance’s O2C, new energy biz may be valued over USD 100 bn: Report

At the company's AGM of shareholders last month, Ambani announced a plan to invest Rs 75,000 crore in a new energy business over the next 3 years in the next stage in its transformation.

Reliance to conclude Aramco deal this year; Aramco rep on co board

Mukesh Ambani told shareholders that RIL is expected to sell 20 per cent stake in its oil-to-chemical unit to Saudi Aramco

‘JioPhone Next’ to be most affordable smartphone: Mukesh Ambani

The "extremely affordable" smartphone will have cutting-edge features, including voice assistant and language translation, among others, he said.

Reliance, affiliates buy bulk of KG-D6 gas

Reliance and its partner UK's BP Plc last week auctioned 5.5 million standard cubic meters per day of incremental gas from the newer discoveries in the KG-D6 block, benchmarking it to a gas marker

Antilia bomb scare case: NIA arrests Mumbai Police inspector Sunil Mane

The other man accused in the case is Sachin Waze, former Assistant Police Inspector in the Crime Intelligence Unit (CIU).

Ambani buys Britain’s iconic country club Stoke Park for 57 million pounds

The UK-based firm, which owns a hotel and golf course in Buckinghamshire, UK, will add to Reliance's consumer and hospitality assets, the firm said in a filing late on Thursday.

Ambani security scare case: NIA probing ‘fake encounter’ angle

The "fake encounter" was initially planned in the Maruti Eeco vehicle, which was stolen from Maharashtra's Aurangabad city in November last year.

Reliance gets nod for hiving off O2C business

To spin-off oil refining, fuel marketing and petrochemical business into an independent unit with a $25 bn loan from the parent

Reliance-Aramco deal likely if crude oil averages $65

The deal was to conclude by March 2020 but has been delayed for reasons not disclosed by either company.

Ramdas Athawale meets Kovind, seeks President’s rule in Maharashtra

There should be a probe against Anil Deshmukh as he is under suspicion at this moment, Athawale said.

NIA receives MHA notification to probe Mansukh Hiren’s death

An NIA officer in Delhi told IANS: "The agency has received a notification from the Ministry of Home Affairs to probe the case of death of Hiren. And we will soon register a case."

NIA searches Sachin Waze’s office, seizes high-end car used by him

Waze, arrested for his alleged role in the Mukesh Ambani bomb scare case on March 13, was attached to the Crime Intelligence Unit (CIU) of Mumbai police's crime branch till recently.

Antilia scare: Mumbai police officer Sachin Waze suspended

The National Investigation Agency (NIA) arrested Waze on late Saturday night in connection with its probe into the recovery of a Scorpio containing 20 gelatin sticks near Ambani's house.

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