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"mukesh-ambani"

  • Welcome competition in satellite communications, including Starlink: Reliance

    Reliance Industries said Indian and foreign companies must follow the same rules for satellite communications, responding to Elon Musk’s criticism over Starlink’s India entry. The company welcomed competition, noting Jio’s satellite services are also awaiting government clearances before launch
  • Rewind: Who owns the Digital Future? Musk, Ambani and the War of the Satraps

    The battle between Elon Musk’s satellite network and Mukesh Ambani’s telecom empire is not about digital democracy, but who controls its infrastructure, captures its wealth, and decides whether it serves society or private capital
  • Elon Musk steps up Ambani criticism, shares reports on Reliance-linked BJP donations

    Elon Musk has intensified his criticism of Mukesh Ambani amid delays in Starlink's India launch, sharing reports about Reliance-linked firms and BJP campaigns and donations. The dispute continues as the government works on satellite spectrum pricing and regulatory requirements.
  • ‘Dear PM Ambani’: Elon Musk takes fresh dig at Mukesh Ambani over Starlink row

    Elon Musk intensified his criticism of Mukesh Ambani over Starlink's delayed commercial launch in India, sarcastically referring to him as "Prime Minister Ambani" and accusing him of seeking to protect a telecom monopoly.
  • Reliance Group rejects Subhash Chandra’s allegations against media entities

    Reliance Group has rejected allegations by Essel Group chairman Subhash Chandra against its media entities as baseless. The denial comes amid Chandra’s personal insolvency proceedings, where an NCLT member approved a settlement plan involving Rs 6.5 crore against admitted creditor claims
  • Jio Platforms IPO set to become India’s largest stock-market listing

    Jio Platforms has received Sebi’s approval to proceed with an IPO potentially worth Rs 37,700 crore, which could become India’s largest public listing. The offering is expected to value the company at about USD 137 billion and primarily repay Reliance Jio borrowings
  • Reliance promoter group raises stake to 50.48 per cent

    The promoter group of Reliance Industries increased its stake to 50.48 per cent during the June quarter through market purchases. Analysts said the move reflects confidence in the company's long-term growth prospects and is viewed positively by investors
  • Reliance Industries shares rise after Jio Platforms files for IPO

    Reliance Industries shares ended over 1 per cent higher after Jio Platforms filed draft papers for a proposed IPO that could become India's largest. Investor sentiment was also supported by Mukesh Ambani's growth roadmap focused on AI, broadband, clean energy and consumer businesses
  • Mukesh Ambani calls on engineers to build AI for India

    Mukesh Ambani urged young engineers to help build AI for India as Reliance Intelligence moves into its execution phase. Highlighting partnerships with Google, Meta and NVIDIA, he said India should become a creator, adopter and global leader in artificial intelligence
  • Mukesh Ambani says Reliance succession plan is almost complete

    Mukesh Ambani said Reliance Industries' succession plan is nearing completion, with Akash, Isha and Anant Ambani now leading major business verticals. He said the next generation, supported by hundreds of young leaders, will drive Reliance's future growth and transformation
  • Jio Platforms board approves IPO plan with 27 crore fresh shares

    Jio Platforms has received board approval to file draft IPO papers with SEBI for a fresh issue of up to 27 crore equity shares. Mukesh Ambani said the listing would unlock shareholder value and support Jio's next phase of growth
  • RIL, Meta partner to develop 168 MW AI enabled data centre in Gujarat’s Jamnagar

    RIL and Meta and will develop a 168-megawatt AI-focused data centre in Jamnagar, powered by renewable energy. The project strengthens India’s position as a global AI infrastructure hub and supports Meta’s growing computing and data requirements
  • Antilia bomb scare: SC refuses to discharge former cop Pradeep Sharma

    The Supreme Court dismissed former IPS officer Pradeep Sharma’s plea seeking discharge in the 2021 Antilia bomb scare and businessman Mansukh Hiren murder case. The court refused to interfere with the Bombay High Court order, while the NIA alleged Sharma conspired with former cop Sachin Waze in the crime
  • Gautam Adani becomes Asia’s richest person, surpasses Mukesh Ambani

    Gautam Adani became Asia’s richest person, surpassing Mukesh Ambani in the Bloomberg Billionaires Index, as Adani Group stock gains boosted his net worth amid global market volatility in 2026
  • KT Rama Rao invited to speak at India Today Conclave 2026

    BRS working president K T Rama Rao has been invited to speak at the India Today Conclave 2026 in New Delhi. The event will bring together global leaders, policymakers and industry experts to discuss India’s political and economic landscape.
  • Reliance Industries reports Rs 18,645 crore net profit in Q3 FY26

    Reliance Industries Limited (RIL), led by Mukesh Ambani, reported a consolidated net profit of Rs 18,645 crore in Q3FY26, a marginal increase of 0.56 per cent year-on-year. Ambani highlighted the company’s resilience and Jio’s deepening digital ecosystem, while noting the consumer products demerger during the quarter.
  • Mukesh Ambani visits Guruvayur Temple, pledges Rs 15 crore for new hospital

    Reliance Industries Chairman Mukesh Ambani on Sunday visited the Guruvayur Sri Krishna Temple in Kerala, offered prayers, and donated Rs 15 crore towards a proposed multi-speciality hospital. He also promised technical support for temple elephant care initiatives
  • Reliance Q2 net profit rises 9.6 pc YoY to Rs 18,165 cr

    Mumbai: Reliance Industries Ltd (RIL) on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment. However, higher inventory losses weighed on overall earnings, leading to a sequential decline compared to […]
  • Proposed Reliance Jio IPO billed as biggest public issue in Indian history

    Hyundai Motor India's Rs 27,870-crore IPO in Oct 2024 is the biggest initial share-sale, surpassing the Rs 21,000-crore offering by LIC in May 2022
  • Mukesh Ambani bets on AI and genomics as Reliance’s next big growth engines

    Mukesh Ambani announced Reliance’s push into AI, genomics, and digital health while unveiling plans for a Jio IPO by 2026. He launched Reliance Intelligence to build AI-ready data centres and pledged aggressive expansion in consumer products, telecom, and life sciences
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