It bought Rs 410 crore of electoral bonds between financial years 2021-22 and 2023-24, but Reliance said the company is not a subsidiary of any Reliance entity.
Ambani family truce unlocks RIL growth potential.
Reliance Infocomm may go public in 2005, Mukesh Ambani, chairman of Reliance Industries said in New York on Thursday.
Chalking out an aggressive expansion strategy in the petroleum retail segment, Mukesh Ambani-run Reliance Industries on Thursday said it will more than double the number of fuel stations across the country by the middle of next year.
Though, RIL did not mention reasons for acquiring Network18, industry watchers have been active in analysing reasons for the takeover.
Reliance Industries chairman Mukesh Ambani recalls his early childhood and what his father Dhirubhai taught him.
Reliance Industries is facing penalty for falling gas output from its KG-D6 fields.
RNRL had sought 28 mscmd of gas for 17 years at $2.34 per million British thermal units (mBtu) from Mukesh Ambani's RIL.
The Mukesh Ambani-led Reliance Industries' Ahmedabad-based subsidiary ADSL, or Allied Digital Services Ltd, has won a Rs 1000-crore tender to install closed circuit cameras and sensors throughout Mumbai, reports RS Chauhan
Energy tycoon and Reliance Industries Chairman Mukesh Ambani is the country's richest man with a personal fortune of $19.3 billion, says a report.
Reliance Industries vice-chairman Anil Ambani on Friday met Finance Minister P Chidambaram at a suburban hotel in Mumbai.
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.
India's largest firm Reliance Industries has initiated work-from-home for its staff while keeping open consumer-facing businesses of hospital, retail stores and telecom with a minimum workforce amid increasing number of Covid-19 cases in the country. Chairman and Managing Director Mukesh Ambani will hold a meeting almost every third day to take stock of the impact of novel coronavirus (covid-19) outbreak on his employees and business, officials said.
The company has similar pact with Bharti Infratel.
Vimal was a pioneer in making TV commercials for fabrics, the first to use Bollywood stars and cricketers as brand ambassadors and among the earliest to start a national retail chain. What happened to it?
The effective cost of the fully made-in-India phone will be zero, as against the minimum Rs 3-4.5k cost for a smartphone, Ambani said.
Riding on a strong stock market rally, Anil Ambani-led diversified business conglomerate Reliance Group has crossed Rs one lakh crore market valuation.
The Ambani brothers on Saturday reached a settlement to split between themselves, assets of India's largest private sector conglomerate, with over Rs 97,000 crore (Rs 970 billion) in revenues, founded by their late father Dhirubhai.
Mukesh Ambani had exclusive meeting with West Bengal chief minister after she met India Inc leaders in Mumbai.
Shares of Reliance Industries (RIL) traded 2 per cent higher at Rs 2,310.10 on the BSE in intra-day trade in an otherwise volatile market after the company reported a 27.4 per cent year-on-year (YoY) growth in its consolidated net profit at Rs 17,394 crore for the September quarter (Q2FY24). While revenue growth of the company was flattish YoY at Rs 2.32 trillion, the profit rose on the back of operational improvement across most segments, especially higher profits in the O2C (oil-to-chemicals) and oil & gas businesses, as well as the retail business. "Strong operational and financial contribution from all business segments has helped Reliance deliver another quarter of robust growth," said Mukesh Ambani, chairman and managing director of the company.
Aam Aadmi Party leader Arvind Kejriwal has shot off a letter to Reliance Chairman Mukesh Ambani, levelling unsubstantiated charges against the billionaire businessman.
India Against Corruption on Wednesday brought Reliance Industries Chairman Mukesh Ambani in its line of fire alleging that the United Progressive Alliance and the previous National Democratic Alliance governments had favoured his company by giving contract on gas exploration in KG Basin and concessions at a huge cost to the exchequer.
It was difficult to set up a unified zone on the SEZ land.
More punitive action was needed against the company and the management, say experts
In the midst of a renewed feud between the Ambani brothers, the younger sibling Anil called on Finance Minister P Chidambaram on Monday.
Officials of Reliance Jio Infocomm claimed to have achieved broadband speeds on their networks that are 10-12 times faster than 3G services.
RIL will get $ 7.2 billion for the stake sale in 21 blocks and could get further $1.2 billion as performance payments based on exploration success resulting into development of commercial deliveries.
The house has six stories of underground parking, three helicopter pads, and reportedly requires a staff of 600 to keep it running.
Brand name Reliance finds a place in the prestigious American business magazine Forbes -- be it promoted by Ambanis or a company in the United States.
Reliance Industries on Tuesday said it will acquire a majority stake in California-based solar energy software developer SenseHawk for $32 million (around Rs 256 crore). The acquisition of a 79.4 per cent stake in SenseHawk is part of the conglomerate's aggressive push into renewable energy to decarbonise its oil and chemical-dominated business. SenseHawk, founded in 2018, develops tools for the solar industry to help companies streamline processes and use automation. It had a turnover of $2.3 million in last financial year.
Oil ministry, CAG, SAT make things difficult; firm says always had transparency with govt agencies.
Mukesh Ambani's Reliance Industries Ltd on Wednesday told the Supreme Court that the demerger scheme worked out with his brother Anil Ambani was categorical that the gas supplies from the KG Basin to his group was not for trading and meant for promoting power generation plant.
After Moily took over as oil minister, the central government agreed to link prices with global indices.
Reliance Industries Limited, which owns IPL side Mumbai Indians, is set to acquire a new franchise in the Emirates Cricket Board's upcoming UAE T20 League.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances