Richest Indian Mukesh Ambani on Tuesday mentioned about leadership transition at his energy-to-retail conglomerate, saying he wants the process to be accelerated with seniors, including him, yielding to the younger generation. Ambani, 64, who has previously not spoken about succession plans at the country's most valuable company, said Reliance is "now in the process of effecting a momentous leadership transition." Ambani has three children -- twins Akash and Isha, and Anant.
US technology company NVIDIA and billionaire Mukesh Ambani's Reliance Industries on Friday announced a partnership to build AI supercomputers in India. "The companies will work together to build AI infrastructure that is over an order of magnitude more powerful than the fastest supercomputer in India today," the firms said in a statement. Days before the announcement, NVIDIA founder and CEO Jensen Huang met Prime Minister Narendra Modi on Monday.
BCCI ethics and ombudsman, served a notice to Ambani after receiving a complaint from former MPCA member Sanjeev Gupta.
Dhirubhai may or may not have owned the government; it would seem his son wants to own the market, notes T N Ninan.
Mumbai Indians appointed Sri Lankan sling arm bowler Lasith Malinga as the bowling mentor for the upcoming Indian Premier League season.
Pictures from the party.
A founding member franchise of Indian Premier League, Mumbai Indians is a two-time winner of the T20 League in 2013 and 2015 and an equal number of Champions League T20 titles.
Proxy advisory firm IiAS has recommended that institutional investors should vote against the appointment of Anant Ambani on Reliance Industries Ltd's (RIL's) board, citing his age as the reason. The firm has, however, given its green light to the appointment of Anant's elder siblings - Akash and Isha. In its recommendation note, IiAS said, "At 28 years of age, his appointment as a non-executive, non-independent director does not align with our voting guidelines."
While prevalent web conferencing apps have been charging fees for getting a large number of users in a session, Jio is neither charging any fee nor has put any time limit on the sessions at present.
Mumbai Indians announced the appointment of New Zealander James Pamment as its new fielding coach on Thursday.
Learn how to host parties from the Ambanis!
The government said that in the thoroughly "misconceived, frivolous and motivated" PIL petition, where no violation of any fundamental right was even pleaded, the high court has sought to exercise its judicial review jurisdiction over a decision, which has been taken by trained experts on public order, individual and national security.
As Lara Dutta celebrates her birthday today, we take a peek into her FABULOUS life through her Instagram feed!
Mumbai Indians paid Rs one crore for Yuvraj Singh in a last-minute buy and franchise owner Akash Ambai called it their biggest steal in the tournament's 11-year-old history.
Digital services company Jio Platforms on Monday announced a joint venture with Luxembourg-based SES to provide satellite-based broadband services in India, a joint statement said. The two companies have formed a joint venture, Jio Space Technology Limited, in which Jio Platforms (JPL) and SES will own 51 per cent and 49 per cent equity stake respectively. "The joint venture will be the vehicle for providing SES's satellite data and connectivity services in India, except for certain international aeronautical and maritime customers who may be served by SES.
Reliance Jio, India's top telecom operator, announced a 12-27 per cent hike in mobile tariffs -- the first in two and half years, setting the stage for other operators like Vodafone Idea to raise charges. The company has also restricted the access of unlimited free 5G services for customers. The hike comes immediately after the spectrum auction, as per the anticipation of sector experts.
Armaan Jain and Anissa Malhotra's wedding reception saw the who's who of Bollywood in attendance.
Alia Bhatt and Ranbir Kapoor's wedding was a big reunion for their families.
Sebi on Wednesday imposed a total penalty of Rs 25 crore on Mukesh Ambani, Anil Ambani, other individuals and entities for non-compliance with takeover norms in a Reliance Industries case dating back to 2000.
Isha and Akash, 23, were appointed to the boards of Reliance Jio Infocomm Ltd and Reliance Retail Ventures Ltd, the company said.
According to insiders, the induction of Jai Anshul would coincide with the birthday of the late patriarch of Reliance group, Dhirubhai Ambani, in the last week of December.
How the IPL teams have shaped up after the auction.
Bollywood A-listers Alia Bhatt and Ranbir Kapoor got married on Thursday, not in a big fat Indian wedding spangled with tinsel as many would have imagined but at their Bandra apartment with just family and close friends in attendance.
Besides acting, he loves spending time with family and friends, so we won't be surprised if Ranbir keeps his birthday an intimate affair.
The world's most affordable smartphone just became more attractive.
Kaviya Maran is the co-owner of the Sunrisers Hyderabad team.
Parthiv Patel will work closely with the Mumbai Indians coaching staff and scouts' group
The Harvard alum has known the Yale alum for ages, but hit it off recently.
Ambani now holds 80.52 lakh shares or 0.12 per cent of RIL, up from 75 lakh shares held before the rights issue. His wife Nita and children Isha, Akash, and Anant too got 5.52 lakh shares each after they subscribed to the rights offering. They, too, hold 0.12 per cent each in the firm.
Namrata Thakker looks back at their romance through the years.
Anil Kumble has decided to step down as the chief mentor of Mumbai Indians (MI) with immediate effect. The legendary spinner has been associated with Mumbai Indians since January 2013.
A day after the mega launch, the party continues at the Nita Mukesh Ambani Cultural Centre.
The Ambanis are the only Indian family on the top 10 richest families list in Asia.
Isha's stab at the bottom of the laptop pyramid shows she is a true Ambani.
Dolly Jain knows 325 ways of draping the sari, a talent that has taken her to the Limca Book Records.
The queries, sent in November, were mainly about Capital Investment Trust, which the I-T department said, was used for the purpose of transferring foreign funds comprising global depository receipts (GDRs) of the value of $400 million to two Indian entities - Reliance Utilities & Power (RUPL) and Reliance Port & Terminal (RPTL), owned by the Ambani family. A show-cause notice issued on March 29 to Ambani's wife Nita, and their three children.
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