Thousands of devotees gathered in Mumbai to bid farewell to Lalbaugcha Raja and other Ganesh idols, marking the end of the 10-day Ganesh festival. Security was tight following a threat message.
The Reliance chairman was accompanied by Radhika Merchant, who is engaged to his younger son Anant Ambani.
It was a proud evening for Shah Rukh Khan, as elder son Aryan Khan shone under the spotlight for his first ever premiere.
Reliance 4IR Realty Development, a unit of Mukesh Ambani's Reliance Industries, paid a Rs 86.5 crore 'development fee' to license the Trump brand for a forthcoming real estate project in Mumbai.
After the State Bank of India, Bank of India has classified the loan account of insolvent Reliance Communications as fraudulent and named its former director, tycoon Anil Ambani, citing alleged fund diversion in 2016, according to a regulatory filing. State-owned Bank of India granted a Rs 700 crore loan in August 2016 to Reliance Communications for its ongoing capital and operational expenditure and repayment of existing liabilities.
Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed executive director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed executive director of Reliance Industries Ltd.
The person made three to four calls on a public number of the Reliance Foundation Hospital in Girgaon area around 10.30 am, he said.
Billionaire Mukesh Ambani-led Reliance Industries on Monday sold 85 lakh shares of Asian Paints for Rs 1,876 crore through an open market transaction.
Could it be about clout? Given its size and influence, RIL doesn't need the media for that, notes Vanita Kohli-Khandekhar.
IPOs have been the flavour of the season for some time. But the coming together of three mega IPOs, from diverse businesses and historic relevance, could tell a story that's still in the making, points out Nivedita Mookerji.
Reliance Industries (RIL) annual general meeting (AGM) had several stunning announcements. RIL looks to list Jio Platforms (JPL) by June 2026. It targets doubling of FY22 earnings before interest, taxes, depreciation and amortisation (Ebitda) (Rs 1.25 trillion; $14.6 billion) by FY27 implying 14.7 per cent compound annual growth rate (CAGR) over the FY22 levels.
The Securities Appellate Tribunal (SAT) on Monday set aside the penalty imposed by Sebi on Reliance Industries Ltd's chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) back in November 2007. The ruling has come after all the entities appealed before the tribunal against the order passed by the Securities and Exchange Board of India (Sebi) in January 2021. In January 2021, Sebi imposed a Rs 25 crore fine on Reliance Industries Ltd(RIL), Rs 15 crore on Ambani, who is the company's chairman and managing director, Rs 20 crore on Navi Mumbai SEZ Pvt Ltd and Rs 10 crore on Mumbai SEZ Ltd in RPL case.
Billionaire Mukesh Ambani's Reliance Industries has retained its position as the highest-ranked Indian company on the 2025 Fortune Global 500 list, according to the latest rankings released by the publication. The oil-to-telecom-and-retail conglomerate has been ranked at No.88 on the latest list, down from 86th position in 2024.
The Ambani family, headed by billionaire Mukesh Ambani, possesses a wealth of Rs 28 lakh crore, more than double that of the Adani family at Rs 14.01 lakh crore, a report said on Tuesday. The 300 most valuable Indian families have a wealth of over $1.6 trillion (over Rs 140 lakh crore), or more than 40 per cent of the country's GDP.
Reliance Industries has built four high-powered growth engines of retail, digital services, media and entertainment, and new energy to propel the conglomerate's next phase of expansion, Chairman Mukesh Ambani said. Parallelly, Reliance is reshaping itself into a new-age deep-tech enterprise, he said in a message to shareholders in the firm's latest annual report.
About 55 banks participated in the deal, making it the largest bank group for a syndicated loan in Asia so far this year.
Unresolved succession plans and informal ownership structures are fuelling bitter family fights across India's corporate boardrooms.
Mukeshbhai donated Rs 1.51 crore (Rs 15 million) to the temple's annadanam fund, the first devotee to donate such a large sum.
Reliance holds 67.03% of Jio Platforms Limited and the public listing would provide an exit to many investors.
The government has upgraded the security cover of billionaire industrialist Mukesh Ambani to the top category of 'Z+' after a review of perceived threat perception to him by central intelligence and security agencies, official sources said on Thursday.
Reliance Industries Chairman Mukesh Ambani has received a threat email from an unidentified person seeking Rs 400 crore, police said on Tuesday.
Royal Challengers Bengaluru's IPL 2025 title triumph has propelled the franchise's valuation to US$ 269 million, dethroning five-time champions Chennai Super Kings as the most valuable IPL franchise.
The richest Asian Mukesh Ambani is flying to Doha to meet US President Donald Trump, his second meeting since Trump returned to presidency in January this year.
Billionaire Mukesh Ambani on Tuesday showered lavish praises on Tata Group chairman N Chandrasekaran, saying he has scripted the salt-to-software conglomerate's spectacular growth in recent years. Sharing the dais with Chandrasekaran at the 10th convocation of Pandit Deendayal Energy University in Gandhinagar, Ambani said Tata Group's gigantic steps in the field of renewable energy under his leadership are inspirational.
Reliance Industries Chairman Mukesh Ambani worshipped at the Kamakhya temple in Guwahati on Tuesday, February 25, 2025.
Mukesh Ambani has reclaimed the top position on the 2023 Forbes list of India's 100 Richest with a net worth of $92 billion. The fortune of infrastructure magnate Gautam Adani, who rose meteorically to overtake Ambani as India's richest person for the first time last year, has slipped to the second position. Adani's net worth, which includes that of his family, fell by a whopping $82 billion to $68 billion, after a report by US short-seller Hindenburg Research in January sent his group's shares tumbling.
Mukesh Ambani's Antilia includes a private theatre that seats over 50, a snow room, and even an ice cream parlour. If that's not redefining home entertainment, what is?
Maharashtra home minister Anil Deshmukh told news channels that the vehicle, a Scorpio van, was found some distance away from the multi-storey residence of Ambani, the chairman of Reliance Industries.
'You must be good at using AI as a tool of learning but do not give up your own critical thinking.'
Owing to a big rise in the market capitalisation of group companies such as Adani Green Energy and Adani Transmission, the group promoters, the Gautam Adani family, have closed the wealth gap with Mukesh Ambani, the promoter and owner of Reliance Industries Ltd (RIL). Ambani continues to top India's billionaire league table. The Ambani family's net worth was estimated to be Rs 8.06 trillion (around $108 billion) on Tuesday against the Rs 6.87 trillion (around $92 billion) of the Adani family.
At the 45th Annual General Meeting of Reliance Industries (RIL) in August, chairman and managing director (CMD) Mukesh Ambani described the company as an "unputdownable book" with never-ending chapters of success. "Reliance grew from strength to strength because we internalised the founder's mindset of purpose, philosophy and passion," he said. Wednesday marked the 90th birth anniversary of RIL founder Dhirubhai Ambani.
Reliance Industries chairman Mukesh Ambani has overtaken Adani Group chairman Gautam Adani to become the richest Indian in the world with a net worth of $84.3 billion, according to Forbes Real-time billionaire list for 2023. Ambani overtook Adani after the Reliance Industries chairman's assets went up 0.19 per cent with an increase of wealth by $64 million while Gautam Adani's assets went down by 4.62 per cent with the industrialist's weath pegged at $84.1 billion according to the real time tracker of Forbes of 5 pm EST on Tuesday. Adani who figured among the top three billionaires in the world has dropped in the ranking to number 10 just below Mukesh Ambani.
'This is the Bengal story, where businesses are nurtured, dreams are realised, and legacies are built.'
Reliance Industries Chairman Mukesh Ambani and his family participated in the Maha Kumbh on Tuesday, taking a dip in the Sangam and attending a yagya at Parmarth Triveni Pushp in Arail. The family, including Ambani's mother, sons, daughters-in-law, grandchildren, and siblings, were accompanied by Ambani's mother-in-law and sister-in-law. They joined millions at the spiritual pilgrimage at the confluence of the sacred waters of Ganga, Yamuna, and mythical Saraswati. The family also prayed for "global peace and welfare" at the Vishwa Shanti Yagya.
Showbiz folks watched the musical The Phantom of the Opera at the Nita Mukesh Ambani Cultural Centre in Mumbai.
India, the world's third-largest energy consumer, will see its energy needs doubling by the end of this decade as it witnesses an unprecedented explosion of economic growth, the nation's richest man Mukesh Ambani said on Saturday. Speaking at the convocation of Pandit Deendayal Energy University (PDEU), Ambani, who heads the nation's most valuable company Reliance Industries Ltd, said the Indian economy will become a $40 trillion economy by 2047 from the current $3.5 trillion. "And to fuel this growth, the country will need enormous amounts of energy - clean, green energy that won't choke mother nature for the sake of human progress," he said.
Mukesh Ambani believes that his dream project of Reliance Retail will not suffer because of political controversy and protests. Speaking exclusively to NDTV, after being awarded the 'NDTV Business Leader of the Year', Ambani said the resistance was much less than he had planned for.
Within days of revoking a non-compete agreement that his group had with his younger brother Anil, Relianec Industries Ltd chairman Mukesh Ambani is believed to have held a long-drawn-out discussion with telecom czar Sunil Mittal.
Billionaire industrialist Mukesh Ambani described his 2016 return to the telecom industry with Reliance Jio as the "biggest risk" of his life, saying that even if analysts' predictions of financial failure had come true, it would still have been worth it for the role it played in transforming India digitally.
Mukesh Ambani, who took over the reins of Reliance Industries Ltd (RIL) after the sudden demise of his legendary industrialist father Dhirubhai Ambani, completes 20 years at the helm during which the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global conglomerate.
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