The announcement follows through from the RIL AGM 2020, where Chairman Mukesh Ambani announced plans for a 100 percent “homegrown 5G” network in India.
Tag: Mukesh Ambani
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).
The 96th rank that Reliance Industries has achieved in the 2020 edition of Fortune Global 500 is its highest-ever.
The deal was earlier scheduled to close by March, 2020 but is now delayed and is expected to be completed this year.
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.
Google is investing at an equity valuation of Rs 4.36 lakh crore, said an RIL regulatory filing.
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.
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.
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.
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.
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.
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.
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, 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…]
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…]
The couple will tie the knot on 9th march at the Jio World Centre in Bandra Kurla Complex, Mumbai.
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…]
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…]
Gandhinagar, Invoking Mahatma Gandhi’s movement against colonisation, Reliance Industries Chairman and Managing Director Mukesh Ambani on Friday urged Prime Minister Narendra Modi to lead a fight against “data colonisation”, saying that Indian data must be “owned and controlled” by Indians. “I pay homage to Mahatma Gandhi, the Father of our[Read More…]
Speaking at Vibrant Gujarat Summit on Friday, Reliance Industries Chairman and Managing Director Mukesh Ambani raised his concerns on data colonisations by the global companies. Ambani said, “Gandhi ji led India’s movement against political colonisation, today we have to collectively launch a new movement against data colonisation.” “In this data[Read More…]
Amidst global trade tensions and concerns hovering around the stock valuations, the top tycoons of Asia, 128 of them have lost $137 billion in this year. Making this year, the first since 2012, when the inaugural ranking of the Bloomberg Billionaires Index got released, to register such a fall in[Read More…]
“Sir, Jio nahi chal raha hai,” (Sir, Jio isn’t working) a photographer at the reception party of Deepika Padukone and Ranveer Singh said when the Ambanis took their places to get themselves clicked. Mukesh Ambani had come to attend the wedding reception with his wife Nita Ambani, daughter Isha, and sons Akash and[Read More…]
New Delhi: Reliance Industries (RIL) Chairman Mukesh Ambani on Thursday said all mobile phones in India will be connected through 4G network by 2020. Speaking at the inaugural session of the India Mobile Congress 2018, he also said that India would be ahead of other countries in adopting 5G technology.[Read More…]
Mukesh Ambani-led Reliance Jio has been ranked the top company globally in the Fortune’s fourth annual “Change The World” list released on Monday. The list ranked companies as per their profit motive to help the planet and tackle social problems. “If access to the Internet is a basic human right[Read More…]
Speaking at the 41st Reliance annual general meeting, Chairman Mukesh Ambani officially launched the new fibre broadband system ‘Jio GigaFiber’ across 1,100 cities on Thursday, stepping up its push on internet services. This much awaited, fibre-to-the-home (FTTH) broadband services, which will be available for both residential and commercial locations, will[Read More…]