There is severe economic stress in many parts of the world, he said at his company Reliance Industries’ 45th annual shareholders’ meeting.
Tag: Mukesh Ambani
Mukesh Ambani India’s richest with $84.5 bn, Gautam Adani 2nd: Forbes
Amid the Covid-19 pandemic, Ambani accomplished a fund-raising feat, garnering $35 billion through a string of deals to achieve his target of reducing his flagship Reliance Industries’ net debt to zero by 2021.
Forbes 10 richest Indian billionaires 2021 list: Mukesh Ambani dethrones Jack Ma in Asia
Adani Group Chairman Gautam Adani, the second richest person in India, is ranked 24th on the global list of billionaires with a net worth of USD 50.5 billion.
Ambani SUV case: Something fishy, says Uddhav Thackeray as NIA enters probe
“There is something fishy and hence the case has been taken over by the NIA. We will ensure that whatever is fishy is exposed,” Thackeray said.
Mukesh Ambani made Rs 90Cr/hr amid pandemic while 24% earned under Rs 3K/month: Oxfam
As per the Oxfam Inequality Report called this year as “The Inequality Virus Report” because of the pandemic said the pandemic has also widened the existing social, economic and gender-based inequalities.
Jio, Facebook is value creation platform for small businesses in India: Mukesh Ambani
Ambani was in conversation with Mark Zuckerberg, CEO, Facebook at the first ever Facebook Fuel event in India.
Reliance Industries Chairman Mukesh Ambani hails Modi’s leadership
“All of us know that PDPU itself is a product of Prime Minister Narendrabhai’s ‘Atma Nirbhar’ vision. It is a vision he cherished even when he was the Chief Minister of Gujarat… … to make India self-reliant in the areas of Energy, Energy Education, Research and Innovation”, Ambani said.
Reliance Jio-Qualcomm develop India’s first 5G product, achieve 1000 MB throughput
The announcement follows through from the RIL AGM 2020, where Chairman Mukesh Ambani announced plans for a 100 percent “homegrown 5G” network in India.
Reliance Retail buys Kishore Biyani’s Future Group businesses for Rs 24,713 cr
The above acquisition is being done as part of the scheme in which the Future Group is merging certain companies carrying on the aforesaid businesses into Future Enterprises Limited (FEL).
Reliance at record high of 96 in Fortune Global 500, tops Indian contingent
The 96th rank that Reliance Industries has achieved in the 2020 edition of Fortune Global 500 is its highest-ever.
Reliance AGM 2020: RIL-Aramco deal on track, Ambani says committed to partnership
The deal was earlier scheduled to close by March, 2020 but is now delayed and is expected to be completed this year.
Jio’s ‘Made-in-India’ 5G solution ready: Mukesh Ambani
Speaking at the Annual General Meeting (AGM) of RIL, Ambani said that the “Made-in-India” technology can be deployed and launched in a year’s time once spectrum is available.
Reliance AGM 2020: Google to invest Rs 33,737cr in Jio Platforms for 7.73% stake
Google is investing at an equity valuation of Rs 4.36 lakh crore, said an RIL regulatory filing.
Instead of treating CO2 as liability, we can make it raw material: Mukesh Ambani
The other participants in the conference included Prince Abdulaziiz bin Salman al-Saud, Minister of Energy, Kingdom of Saudi Arabia, and Patrick Pauyanne, CEO, Total and Tanya Beckett, as the moderator.
Reliance Industries market cap at new all-time high of Rs 10.85 lakh crore
The Reliance partly paid shares have also created wealth for investors with gains of 6.64 per cent from June 15 when they were listed.
KKR to acquire 2.32% stake in Jio Platforms for Rs 11,367 crore
Jio’s vision is to enable a Digital India for 1.3 billion people and businesses across the country, including small merchants, micro-businesses and farmers so that all of them can enjoy the fruits of inclusive growth.
Mukesh Ambani with $44bn top Indian in Forbes world billionaires’ list
At 114th position, HCL Technologies Founder Shiv Nadar is worth $12.4 billion. One of India’s leading philanthropists, Nadar has donated $662 million to his Shiv Nadar Foundation.
The unequal distribution of wealth in India has reached a crisis point
This growing inequality is tragic in a nation where 63 million ordinary Indians are pushed into poverty because of health care costs – Oxfam estimates that is two people every second.
Inside story on RIL’s rush to deleverage
A senior RIL official told Newsd that this has to do with a recent meeting of bankers, where debt exposure to large corporates was reviewed.
TIME 100 Most Influential People: Anand Mahindra writes Mukesh Ambani’ profile
The prestigious list was released on Wednesday and it named the world’s most influential; pioneers, leaders, titans, artists, and icons of the year
Akash Ambani – Shloka Mehta Wedding Live Updates: Former British Prime Minister Tony Blair arrives
Akash Ambani, the elder son of Mukesh and Nita Ambani is all set to tie the knot with his childhood friend, Shloka Mehta today. The ceremony will take place at Jio Gardens BKC and expect the entire Bollywood brigade to attend the soiree. While their pre-wedding festivities were held at[Read More…]
Here are inside details of Akash Ambani’s bachelor party in Switzerland!
India’s prominent business family-the Ambani family is all set to host another big fat wedding – that of their eldest son Akash Ambani with Shloka Mehta. Shloka is the daughter of diamantiare Russel Mehta. The young couple made headlines last year in June when the two exchanged rings in a[Read More…]
Ambanis visit Siddhivinayak Temple to present invite of Akash-Shloka’ wedding
The couple will tie the knot on 9th march at the Jio World Centre in Bandra Kurla Complex, Mumbai.
Akash Ambani to celebrate bachelor party in Switzerland?
According to rumours, Mukesh Ambani’s son Akash will fly to Switzerland to celebrate his bachelor party with his friends Isha Ambani and Anand Piramal wedding on December 12 last year was a grand affair and there is another wedding to follow in the Ambani household. Reports suggest that Mukesh and[Read More…]
After Jio, Mukesh Ambani bets big on Internet, video streaming market
New Delhi, Reliance Industries Chairman and Managing Director Mukesh Ambani who has disrupted the mobile telephony market with Reliance Jio, is set to take on Internet and video streaming giants like Google, Netflix, Amazon Prime and Spotify. According to an article in the winter 2019 issue of Foreign Policy magazine,[Read More…]