"mukesh-ambani"

Reliance Industries Ltd to invest Rs 75,000 crore in the next five years to expand petrochemical capacity

To begin with, Jio announced the launch of 5G services in four metro cities -- Delhi, Mumbai, Kolkata and Chennai.

New Delhi: The auction of 5G spectrum for ultra-high-speed internet services entered day four on Friday after garnering bids worth Rs 1,49,623 crore in 16 rounds of bidding conducted so far. The high interest for spectrum in the 1800 MHz band in Uttar Pradesh East circle saw Jio and Airtel locked in intense bidding on […]

New Delhi: Mukesh Ambani has resigned from the board of his group’s telecom arm, Reliance Jio and handed over the reins of the company to elder son Akash, a step seen as succession planning by the 65-year old billionaire. In a stock exchange filing, Reliance Jio Infocomm said the company’s board at a meeting on […]

New Delhi: The Central government has moved the Supreme Court challenging a Tripura High Court order entertaining a PIL against the security cover given to Reliance Industries chairman Mukesh Ambani and his family. The high court had asked for a home ministry official to be present before it. Solicitor General mentioned the plea before a […]

New Delhi: Indian billionaire Mukesh Ambani is reportedly planning a takeover bid for the UK high street chain Boots, a media report said. Ambani is the biggest shareholder and chairman of retail-to-energy group Reliance Industries. Reliance is reportedly working on the potential bid with US buyout firm Apollo Global Management, reports the BBC. Earlier this […]

New Delhi: The Indian coal mining tycoon Gautam Adani has become Asia’s richest person thanks to a push into green energy that has boosted his fortune to $88.5bn, The Guardian reported. Adani has overtaken fellow countryman Mukesh Ambani to enter the top 10 of the world’s richest people, according to figures from Forbes and Bloomberg, […]

New Delhi: India must complete the migration from 2G to 4G to 5G at the earliest and the roll out of 5G should be the country’s national priority to join the next-gen digital transformation bandwagon, said Mukesh Ambani, Chairman and Managing Director, Reliance Industries Limited (RIL), here on Wednesday. Delivering the virtual keynote address at […]

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

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

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.

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

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

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

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

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.

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

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

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

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