Reader Ananth Kamal sent us this photograph from New Jersey, USA.
This was announced by Commerce and Industry Minister Kamal Nath at the conclusion of the 2nd meeting of India-Russia Forum on Trade and Investment, coinciding with the visit of Russian Prime Minister Victor A Zubkov in New Delhi on Wednesday.
India and China would be manufacturing bases for end products, while the sector is expected to record $2.5 billion this year, according to Reliance Industries chairman and managing director, Mukesh Ambani.
The 'Pran Pratishtha' of the idol of Ram Lalla -- the childhood form of Lord Ram -- will be attended by people from all walks of life, including representatives of major spiritual and religious sects of the country and of various tribal communities and prominent personalities.
Petroleum ministry has rejected Reliance Industries Limited's plan to sell natural gas to Anil Ambani Group firm Reliance Natural Resources Ltd at less than half the market price.
Over a third of Ambani's speech was focussed on RIL's plans.
It is only an attempt to sensationalise the issue, RIL director and Supreme Court advocate Y P Trivedi said.
Billionaire Mukesh Ambani-run firm sold $1 billion of 10-year notes and $500 million of 30-year bonds, the company said.
Kartaar Singh, a farmer of Mokha village in Punjab's Kapurthala district, used to travel about 50 km on his scooter to Jalandhar's new sabzi mandi, or wholesale vegetable market, to sell his vegetables every day.
Reliance Industries chairman Mukesh Ambani will deliver a special address at the first-ever, high-level investment conference on Maharashtra to beheld in New York this month.
In India, tweets about the scion trended at the second spot for over 85 minutes.
National Investigative Agency on Wednesday confirmed that the person, seen in a CCTV grab walking near Reliance Industries chairperson Mukesh Ambani's residence on the night of February 25 when an explosive-laden vehicle was found, was Sachin Waze.
5G ambulances will not just allow remote consultation, but would also be able to transit data and video to hospitals in real time, saving precious time for critical patients. 5G technology would also support the development of new educational applications, improve agriculture productivity, and aid search and rescue missions with high resolution cameras in disaster recovery zones.
Ambani announced his 'personal contribution' of Rs 1 crore as a Member of Parliament
The US-India Business Council (USIBC) will confer the 'Global Vision' 2007 award for leadership on Reliance Industries Ltd chairman Mukesh Ambani in Washington on Wednesday.
"The letter approving a price of $4.20 per million British thermal unit (mBtu) for first five years of production from KG-D6 was issued by the Petroleum Ministry on Thursday," a source familiar with the development said.
With a house on the top floor of Dubai's Burj Khalifa, the world's tallest building, Bahrain-based India-born billionaire Ravi Pillai is planning big-buck investments across the construction, hospitality, real estate and healthcare sectors in India.
Speaking at the 33rd convocation of the business school in Bangalore, Reliance Industries Chairman Mukesh Ambani said IIM-B graduates could make a change in the world of business. He said ethical values and moral leadership are dwindling in Indian businesses and IIM graduates should strive to fill the void of moral leadership. He stated that IIMs provide global leaders in today's knowledge economy. He also said IIM graduates have high calibre and India is benefitting from it.
Reliance has no illegal Swiss Bank accounts.
With RIL's market capitalisation crossing the Rs 11-trillion mark on Friday, Ambani is ahead of Google co-founders Larry Page and Sergey Brin, the 10th and 11th richest, respectively, and behind Zara founder Amancio Ortega on the Forbes Real-time Billionaires List.
The event witnessed the who's who of Maharashtra politics -- including three former chief ministers of Maharashtra.
Bollywood stars Shah Rukh Khan and Preity Zinta, industrialist Mukesh Ambani and liquor baron Vijay Mallya emerged successful bidders for Indian Premier League teams on Thursday.
State Bank of India, the country's largest bank, has breached the Reserve Bank of India's credit exposure norms during three consecutive years with regard to its loans provided to Mukesh Ambani-led Reliance Industries.
The two companies have approached banks to raise up to Rs 8,000 crore as debt to fund their expansion plans.
Led by a $6.5 billion surge in personal net worth on Tuesday, Gautam Adani, chairman of the Adani Group, is back in the top 20 of the world's richest list and is now ranked 19th globally. Adani is also now India's second richest with a net worth of $66.7 billion as of Tuesday, per the Bloomberg Rich List, while Mukesh Ambani, chair of Reliance Industries, is ranked number one in India and number 13 in the world with a net worth of $89.5 billion.
Next-generation security and disaster management business seems to be next on the radar of Mukesh Ambani-led Reliance Industries, which will utilise its 4G telecom services for this new initiative.
RIL, with interests in petrochemicals, oil and gas exploration, textiles and retail, will continue to see a slow decline in margins.
Oil regulator PNGRB has virtually put Reliance Industries Ltd (RIL) on notice by inviting bids for sections of two natural gas pipelines that were previously awarded to the Mukesh Ambani-run firm.
Reliance Retail Ventures Ltd has acquired a majority equity stake in digital pharma market place Netmeds for a cash consideration of around Rs 620 crore, Reliance Industries said in a late night statement on Tuesday.
Mukesh Ambani, who runs India's most-valued business empire Reliance Industries group, also saw the highest fluctuation of about $35 billion in his net worth over the past year, even as he trailed his estranged brother Anil as the world's second-biggest wealth creator. Mukesh, however, managed to maintain a slender lead of $1 billion over Anil in terms of net worth, as per a Forbes billionaire list released on Thursday. Forbes has ranked Mukesh as world's 5th richest man.
Leading corporate house Reliance Industries has kept its lobbying activities among US lawmakers on hold for the fourth quarter in a row, after having paid nearly $2 million to its lobbyist in Washington in past few years.
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
Mukesh Ambani-controlled Reliance Petroleum is understood to have fixed a price band of Rs 57-62 for its initial public offer to raise over Rs 5,000 crore (Rs 50 billion).
For more than a hundred years, media companies have been started and owned by corporates, in the US, Europe and in India as well.
Thanks to a $5.7 billion deal with Facebook, a Rs 53,125 crore rights issue and more stake sale to companies such as Saudi Aramco, the target is likely to be achieved by December.
Projecting that global oil prices would stabilise at around $30-35 and help ease pressures on consumers, Reliance Industries Chairman Mukesh Ambani on Wednesday sought deregulation of natural gas, terming it as an alternate fuel in the medium term.
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