News for 'Ambani's Reliance'

Reliance is net-debt free after fund raising: Mukesh Ambani

Reliance is net-debt free after fund raising: Mukesh Ambani

Rediff.com19 Jun 2020

Ambani said Reliance raised Rs 1.15 lakh crore from global tech investors by selling a little less than a quarter of the firm's digital arm, Jio Platforms Ltd, and another Rs 53,124.20 crore through a rights issue.

Shiv Nadar Donates 7.4 Cr Every Day!

Shiv Nadar Donates 7.4 Cr Every Day!

Rediff.com7 Nov 2025

Shiv Nadar and family donated Rs 2,708 crore (Rs 27.08 billion) in 2024-2025.

Reliance Infra: How this Anil Ambani firm plans to prune group debt by Mar

Reliance Infra: How this Anil Ambani firm plans to prune group debt by Mar

Rediff.com7 Dec 2021

The Reserve Bank of India's action against Reliance Capital comes at a time when the Anil Ambani group was planning to make a comeback with the group company, Reliance Infrastructure, raising funds from the promoter family. As part of the comeback plan, Reliance Infrastructure received Rs 550 crore fund infusion from the Anil Ambani family. A month earlier, Reliance Power, a listed subsidiary of Reliance Infrastructure, also raised funds from its parent by issuing preferential allotment of shares thus increasing the stake of Reliance Infrastructure in the company.

Why Anmol Ambani is Reliance Capital's lucky mascot

Why Anmol Ambani is Reliance Capital's lucky mascot

Rediff.com27 Sep 2016

The Anmol effect: R-Cap shares jump 40% since junior Ambani joined the board

Mukesh Ambani's telecom gamble

Mukesh Ambani's telecom gamble

Rediff.com20 Feb 2013

Will Mukesh Ambani disrupt the telecom market by offering consumers voice calls at rock-bottom tariff?

RIL sells 85 lakh shares of Asian Paints for Rs 1,876 cr

RIL sells 85 lakh shares of Asian Paints for Rs 1,876 cr

Rediff.com17 Jun 2025

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.

Anil Ambani bullish about Reliance Capital's future

Anil Ambani bullish about Reliance Capital's future

Rediff.com4 Aug 2013

The company also expects to benefit in its proposed banking foray through partnership with Japan's Sumitomo Mitsui Trust Bank and Nippon Life Insurance

Anil Ambani to withdraw defamation suit against Cong

Anil Ambani to withdraw defamation suit against Cong

Rediff.com21 May 2019

The Group has decided to withdraw the Rs 5,000-crore civil defamation suits against Congress leaders and National Herald newspaper over their statements and an article on the controversial Rafale fighter jet deal.

Modi most successful PM, is nationalist and internationalist, says Ambani

Modi most successful PM, is nationalist and internationalist, says Ambani

Rediff.com10 Jan 2024

Narendra Modi is India's most successful prime minister and the greatest global leader of current generation, billionaire Mukesh Ambani said on Wednesday as he flaunted his group Reliance Industries' Gujarati heritage and its over USD 150 billion (Rs 12 lakh crore) investment in last 10 years.

Ambanis' soft gas deal takes a knock

Ambanis' soft gas deal takes a knock

Rediff.com12 Jun 2006

Vi partners SpaceX-rival AST SpaceMobile for satcom service on smartphones

Vi partners SpaceX-rival AST SpaceMobile for satcom service on smartphones

Rediff.com18 Jun 2025

Vi partners SpaceX-rival AST SpaceMobile for satcom service on smartphones

Modi, Ambani, Shah Rukh, Salman attend star-studded Maha swearing-in

Modi, Ambani, Shah Rukh, Salman attend star-studded Maha swearing-in

Rediff.com5 Dec 2024

Prime Minister Narendra Modi, his cabinet colleagues Amit Shah, Nitin Gadkari, Rajnath Singh, chief ministers of Nationalist Democratic Alliance-ruled states and prominent personalities from industry and Bollywood on Thursday attended the grand swearing-in of Devendra Fadnavis as Maharashtra Chief Minister in Mumbai.

'Anil Ambani is targetting me, my family'

'Anil Ambani is targetting me, my family'

Rediff.com15 Oct 2009

In a free-wheeling interview with Jyoti Mukul, Sibal makes a case for his innocence and blames the media campaign by the Anil Ambani group for the current controversy.

Tribunal quashes Sebi's order against Mukesh Ambani

Tribunal quashes Sebi's order against Mukesh Ambani

Rediff.com4 Dec 2023

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.

Oberoi-led EIH board appoints Nita Ambani director

Oberoi-led EIH board appoints Nita Ambani director

Rediff.com1 Nov 2011

In a statement to the Bombay Stock Exchange, the company said it had appointed Nita Ambani and three others as additional directors.

Can Decathlon challenge Reliance in India?

Can Decathlon challenge Reliance in India?

Rediff.com21 Aug 2024

Decathlon is expecting to double its business in the country in the next three to five years, Decathlon India CEO Sankar Chatterjee said, according to local media reports.

Anil Ambani's elder son joins Reliance Capital board

Anil Ambani's elder son joins Reliance Capital board

Rediff.com23 Aug 2016

Anmol, who has a degree from Warwick Business School in the UK, has also been visiting branches and meeting employees across businesses in different regions to get exposure and detailed understanding of businesses at grass-root level in the past two years

Reliance Capital to globalise operations: Anil Ambani

Reliance Capital to globalise operations: Anil Ambani

Rediff.com9 Aug 2012

Industrialist Anil Ambani has said his group's financial services arm Reliance Capital plans to globalise its operations in the next 3-5 years and expand its customer base 2.5 times to 50 million in this period.

Deora questions Ambani gas deal

Deora questions Ambani gas deal

Rediff.com27 Jul 2006

The release also points out that the prevailing domestic gas prices command a significantly higher price than the proposal of RIL.

Reliance climbs 8 spots to 45th rank on Forbes' Global 2000 list

Reliance climbs 8 spots to 45th rank on Forbes' Global 2000 list

Rediff.com13 Jun 2023

Billionaire Mukesh Ambani's Reliance Industries Ltd climbed eight spots to the 45th rank, the highest for an Indian company on Forbes' latest Global 2000 list of public companies worldwide.

Mukesh Ambani on how Reliance was built

Mukesh Ambani on how Reliance was built

Rediff.com18 Jan 2007

We had limited capital but our approach was different, says the RIL chairman.

RIL to invest additional Rs 20,000 cr in Bengal in 3 years: Mukesh Ambani

RIL to invest additional Rs 20,000 cr in Bengal in 3 years: Mukesh Ambani

Rediff.com21 Nov 2023

Reliance Industries chairman and MD Mukesh Ambani on Tuesday announced an additional Rs 20,000-crore investment for West Bengal over the next three years. Ambani said the fresh investment will be in the areas of digital life solutions, retail and bio-energy.

Airport bids: Reliance cries foul

Airport bids: Reliance cries foul

Rediff.com31 Jan 2006

Losing Delhi airport project to rival GMR-Fraport consortium despite emerging as the top financial bidder, Anil Ambani's Reliance Airport Developers on Monday lashed out at the bid process, saying changes in tender conditions hours before the final d

2 youths held over threat e-mails to Mukesh Ambani

2 youths held over threat e-mails to Mukesh Ambani

Rediff.com4 Nov 2023

The ransom subsequently kept increasing to Rs 200 crore and Rs 400 crore each time a fresh email was sent.

With Rs 11.6 lakh cr wealth, Adani replaces Ambani as India's richest

With Rs 11.6 lakh cr wealth, Adani replaces Ambani as India's richest

Rediff.com29 Aug 2024

Recouping the dent caused by the Hindenburg Research report, Gautam Adani's networth shot up 95 per cent to Rs 11.6 lakh crore last year, which helped him replace Mukesh Ambani to become the richest Indian, a report said on Thursday. Reliance Industries chairman and managing director Ambani's overall networth increased by 25 per cent to Rs 10.14 lakh crore, as per the 2024 Hurun India Rich List. In 2023's report, Adani's wealth declined by 57 per cent to Rs 4.74 lakh crore, and Ambani was way ahead with a fortune of Rs 8.08 lakh crore.

ED Recovers Rs 15,000 Cr In 7 Months

ED Recovers Rs 15,000 Cr In 7 Months

Rediff.com19 Aug 2025

The ED probed 30 cases between August 2024 and March 2025, during which it recovered 15,261 crore, mostly from cases related to bank frauds.

Reliance Money plans big gold coin biz

Reliance Money plans big gold coin biz

Rediff.com28 Sep 2007

According to Reliance Money officials, the company offers 5 gm and 8 gm coins now but plans are in the offing to launch 0.5 gm, 1 gm and 2 gm coins, said

IPL's Valuation Hits Flat Pitch

IPL's Valuation Hits Flat Pitch

Rediff.com16 Oct 2025

The IPL's overall valuation fell by 8 per cent to Rs 76,100 crore in 2025.

Reliance Digital plans to launch private labels

Reliance Digital plans to launch private labels

Rediff.com13 Mar 2008

Betting on higher margins from private labels, Reliance Digital, the consumer durable chain of Mukesh Ambani's Reliance Retail, is planning to introduce its own brands of home theatres, LCD televisions and digital cameras. The brands, according to a source, will be called Rldigi. Reliance Digital is planning tie-ups with domestic and international consumer durable and appliance companies. These private labels are expected to contribute 12-15 per cent of Reliance Digit

Reliance-Spielberg's DreamWorks announce 3 films

Reliance-Spielberg's DreamWorks announce 3 films

Rediff.com3 Sep 2009

The names of the three projects are -- 'Pirate Latitudes', 'I am Number 4' and 'Harvey'.

Nita Ambani to join Reliance Industries as director

Nita Ambani to join Reliance Industries as director

Rediff.com16 May 2014

Nita Ambani, wife of Reliance Industries Chairman Mukesh Ambani, has been recommended for appointment as a director on the board of the company.

Nita & Mukesh Ambani on Reliance's plans

Nita & Mukesh Ambani on Reliance's plans

Rediff.com25 Jan 2008

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.

Reliance gas dispute case hearing to resume soon

Reliance gas dispute case hearing to resume soon

Rediff.com9 Jan 2009

The division bench of Justices J N Patel and K K Tated would continue to hear the case, though Justice Tated was transferred to Aurangabad bench of the High Court last week, high court sources said. The case is likely to come up for hearing on January 12, RIL lawyers said.

Reliance Retail faces opposition in Uttarakhand

Reliance Retail faces opposition in Uttarakhand

Rediff.com19 Sep 2007

After Uttar Pradesh, Mukesh Ambani's Reliance Industries Limited is facing the wrath of local vegetable vendors and wholesalers in Uttarakhand for venturing into retail business.

Ambani buys Britain's iconic country club Stoke Park

Ambani buys Britain's iconic country club Stoke Park

Rediff.com23 Apr 2021

Billionaire Mukesh Ambani's Reliance Industries Ltd has bought Britain's iconic country club and luxury golf resort, Stoke Park, for 57 million pounds (about Rs 592 crore). The acquisition adds to Reliance's current stake in Oberoi hotels and hotel/managed residences in Mumbai that it's developing. Over the past four years, Reliance has announced $3.3 billion in acquisitions with 14 per cent in retail, 80 per cent in technology, media, and telecom (TMT) sector, and 6 per cent in energy. The UK-based firm, which owns a hotel and golf course in Buckinghamshire, UK, will add to Reliance's consumer and hospitality assets, the firm said in a filing late on Thursday.

IPL money inflow shot in the arm for county cricket

IPL money inflow shot in the arm for county cricket

Rediff.com13 Feb 2025

While GBP 50 million is earmarked for grassroots and recreational cricket, the 18 English county teams will get a share of GBP 470 million with larger pie allocated for those clubs that don't own a 'Hundred Franchise'.

Full copy of the judgement on Ambani gas row

Full copy of the judgement on Ambani gas row

Rediff.com7 May 2010

Read the full text of the Supreme Court ruling in the Krishna Godavari Basin gas dispute between Mukesh Ambani-led Reliance Industries Ltd and Anil Ambani's Reliance Natural Resources Ltd.

Mukesh Ambani gets 3rd threat email with Rs 400 cr demand

Mukesh Ambani gets 3rd threat email with Rs 400 cr demand

Rediff.com31 Oct 2023

Reliance Industries Chairman Mukesh Ambani has received a threat email from an unidentified person seeking Rs 400 crore, police said on Tuesday.

Anil Ambani may set up Reliance Bank soon

Anil Ambani may set up Reliance Bank soon

Rediff.com27 Sep 2011

The banking entity of the group could be called Reliance Bank, Ambani told the shareholders of Reliance Capital.

Elon Musk's Starlink gets satcom nod for India

Elon Musk's Starlink gets satcom nod for India

Rediff.com6 Jun 2025

Elon Musk's Starlink has got licence for satcom services in India, according to sources.