Youngsters Abhishek Sharma, Nitish Reddy and Riyan Parag got the nod after their impressive performances in IPL 2024 earlier this year.
Billionaire Mukesh Ambani on Thursday unveiled the next phase of growth at Reliance Industries Ltd, with retail and telecom worth over $100 billion each, doubling revenues and pre-tax profit in 3-4 years, new energy business becoming profitable by 2031, and core oil and chemical business continuing to be the robust growth engine. The sprawling conglomerate with interests in refining, oil and gas, petrochemicals, telecom, retail, and media is on track to more than double in size before the end of the decade, Ambani, chairman and managing director of Reliance, told company shareholders.
Spectrum auction for mobile radiowaves services worth Rs 96,000 crore ended with bids worth about Rs 11,000 crore, according to sources. The government has put over 10,500 Mhz spectrum in eight frequency bands -- 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz and 26 GHz, valued at Rs 96,238 crore at base price, for auction.
Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.
Shubman Gill, captain of the victorious Indian team, spoke about the team's resilience after a surprising loss in the first T20I against Zimbabwe.
The Adani Group has overtaken Mukesh Ambani Group to become the country's second biggest business group in terms of market cap behind Tatas. Adani Group cos now have a combined m-cap of Rs 19.44 trillion against Ambani Group cos combined m-cap of Rs 17.89 trillion. Tata Group leads the league table with the group market capitalisation of Rs 21.73 trillion on Monday. The Adani Group companies, however, continue to out-perform firms from business groups and the broader market on the bourses by a big margin.
The latest edition of the Duleep Trophy has concluded with India A beating India C by 132 runs to secure their second title. The tournament witnessed some fine performances from youngsters and established stars alike.
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.
A round-up of the Ranji Trophy matches played on Monday
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.
Nothing is going to change in a hurry unless attitudes change and punishments are speedy and fair, notes Ramesh Menon.
'You have to hand it to Mukesh for sheer daring.' 'Who else in India would have sunk a stupendous $30 billion in a business that was yet to get a single customer?' 'With that, the older of the Ambani siblings has shown that he is in a class of his own,' says T N Ninan.
Tennis queen Sania Mirza looked like a vision as she arrived to attend Anant Ambani and Radhika Merchant's Shubh Aashirwad ceremony at the Jio World Centre at the Bandra Kurla Complex, north west Mumbai, on Saturday, July 13, 2024.
To showcase their family at Radhika Merchant-Anant Ambani's sangeet ceremony, they chose to dance to the song, Deewangi Deewangi, from Om Shanti Om.
'Some icons are living textbooks, teaching us about leadership, success, and legacy. Extraordinary yet human and approachable, they inspire and guide us.' 'India has lost a true son and champion.'
Here are the number of seats won by parties in all states and Union Territories in the Lok Sabha elections.
Also Spotted: Tom Cruise, Julia Roberts, Benedict Cumberbatch, Mark Rylance, Zendaya, Paul Mescal, Jamie Dornan...
In a ghastly incident that has sent shock waves across Bihar, former state minister Mukesh Sahni's 70-year-old father was found stabbed to death at his native home in Darbhanga district, a top police officer said.
The growth of these core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 4.6 per cent in April 2023.
The new administrative panel would be elected within two months after convening a general body meeting, it said.
The lovely couple welcomed their first born last week.
Move over ladies, India's stylish men are ready to make a splash at Cannes.
The list of guests included celebrities from across the globe, politicians, the who's who of Hindi and south Indian cinema world and almost all the top cricketers of the country.
From the time he first rose to prominence during the movement against the then UPA government, Arvind Kejriwal has regularly grabbed headlines for his surprise moves and decisions. Here are 10 such instances.
Young Indian stars will be eager to usher in a new era in the shortest format with a series victory when they face Zimbabwe in the fourth T20I in Harare on Saturday.
In the previous fiscal year, he drew a Rs 15 crore salary from the company -- the same as in the previous 11 years.
After BJP candidate Mukesh Dalal's Surat win, Gujarat will see 25 Lok Sabha seats go to polls on May 7 with 266 candidates in the fray.
Bollywood stars capture inside pictures of the grand festivities of Radhika Merchant and Anant Ambani's longest wedding ceremonies. Take a look.
Reliance Industries chairman Mukesh Ambani will appeal against the fine imposed by market regulator SEBI over alleged irregularities in a two-decade-old share issue in the company, the firm said on Thursday. Reliance Industries Ltd (RIL) had issued debentures with convertible warrants in 1994 and allotted equity shares against the warrants in 2000. This was when Dhirubhai Ambani was heading the undivided company.
The three players will travel back home to India with the rest of the T20 World Cup winning squad.
'This quarantine has given me a chance to discover my grandfather as an actor.'
Wicketkeeper-batter Rishabh Pant has been included in the Test squad for the upcoming two-match series against Bangladesh.
The new bride's exquisite outfit was the result of a collaboration between Designers Abu Jani Sandeep Khosla and contemporary Indian Artist and Sculptor Jayasri Burman.
Did you enjoy Maheesh Patheerana's fiery yorkers?
'At his wedding with Patralekha, I officiated as the groom's father as Raj has lost both parents, and that's the relationship we share today.'
A group of youths objected to Mukesh playing 'Hanuman Chalisa' over a loudspeaker in his shop on Juma Masjid road on Sunday during 'Azaan' and assaulted him, according to police.
Forty four years after Mohammed Rafi's untimely demise on July 31, 1980, at the young age of 55, the singer's work continues to enjoy a musical afterlife on radio, television and modern streaming channels.
Days after Radhika Merchant and Anant Ambani's wedding, pictures of the celebrations continue to pour in.
The statement implicated members of the Mukhiya gang, accused of orchestrating multiple interstate paper leaks, as the source of the leaked answer sheet.
Billionaire Mukesh Ambani's Reliance Industries and Tata Group have made it to the prestigious TIME's list of 100 World's Most Influential Companies of 2024. TIME called Reliance 'India's Juggernaut'. This is the second time that Reliance has found its way into the TIME list. Jio Platforms, the firm that holds digital properties of the conglomerate, was included in the inaugural TIME 100 Most Influential Companies List of 2021. Serum Institute is the other Indian company on the list.
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