In a curious move, Reliance Industries' (RIL) executive director and Mukesh Ambani's trusted aide PMS Prasad pledged 600,000 shares of the company last month, which is 93.75 per cent of the total shares he owns in RIL. Prasad owned a total of 640,000 RIL shares and his compensation stood at Rs 11.15 crore in FY20.
Rasha Thadani will be seen in Abhishek Kapoor's movie which co-stars Ajay Devgn's nephew Aaman Devgan.
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.
For India to succeed in this data driven revolution, we will have to migrate the control and ownership of Indian data back to India: Mukesh Ambani.
The football legend shared the VIP box with movie stars and businesspeople.
The six-tiered cake was designed by this Mumbai-based baker.
Alia Bhatt, Shah Rukh Khan, Priyanka Chopra and Sachin Tendulkar stole the show.
Having missed most of the first three industrial revolutions, India has its chance to lead the fourth industrial revolution through a convergence of its IT prowess, ultra-high-speed internet connectivity and affordable smart devices, billionaire Mukesh Ambani said on Thursday. The richest Indian, who heads the nation's most valuable company Reliance Industries, said his group's telecom and digital unit Jio was conceived to provide the key ingredients needed to lead the fourth industrial revolution.
Reliance Industries Ltd on Friday reported a 27 per cent jump in its September quarter net profit as earnings from the oil and gas business rebounded, and a pick-up in fashion and grocery helped boost retail revenues. The oil-to-retail-to-telecom conglomerate's consolidated net profit of Rs 17,394 crore, or Rs 25.71 per share, in July-September - the second quarter of the current 2023-24 fiscal - was 27.3 per cent higher than Rs 13,656 crore, or Rs 19.92 a share, earning a year back, the company said in a statement. The net profit was also higher quarter-on-quarter compared to Rs 16,011 crore earnings in the preceding three months ended June 30.
This year's list includes 40 influential people under 40 years of age in five categories -- finance, technology, healthcare, government and politics, and media and entertainment.
Shiv Sena-Uddhav Balasaheb Thackeray president and former Maharashtra chief minister Uddhav Thackeray has been sent an invitation by speed post for the Ram temple consecration ceremony to be held in Ayodhya on Monday.
Qwik Supply, the third largest donor to political parities using electoral bonds, bought Rs 410 crore bonds between 2021-22 and 2023-24, and gave all but Rs 25 crore to the BJP.
Veteran actor Satinder Kumar Khosla, popularly known as Birbal, succumbed to a cardiac arrest on Tuesday, September 12. He was in his 80s.
The Harvard alum has known the Yale alum for ages, but hit it off recently.
An opportunity to enter a burgeoning sector at a low valuation and favourable policies are propelling some of India's largest corporate groups to scoop up drone start-ups. "Indian corporations lost the race in aerospace and space tech. "No one wants to miss the bus this time. "These are seasoned businessmen and they realise that the market cap of tech companies with problem-solving capabilities will exponentially rise in future," says Vipul Singh, CEO of Aarav Unmanned Systems (AUS).
While about 8,000 people are in the long list of invitees, the select list features 506 A-listers, including prominent politicians, leading industrialists, top film stars, sportspersons, diplomats, judges and high priests.
A day after the mega launch, the party continues at the Nita Mukesh Ambani Cultural Centre.
Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this
'Govt to lose Rs 40,000 crore due to RIL's escalating costs'.
In terms of market capitalisation, Zee alone has a market cap of Rs 24,000 crore compared to Rs 15,000 crore of the merged Reliance entity.
Prime Minister Narendra Modi on Wednesday said the world looks at India as an important pillar of stability, a trusted friend, an engine of growth in the global economy, a technology hub for finding solutions and a powerhouse of talented youth. He also said that in the rapidly changing world order, India is moving forward as 'vishwa mitra' (friend of the world). Speaking at the inauguration of the 10th edition of the Vibrant Gujarat Global Summit, which saw participation of state hea
When Aamir Khan parties, he makes sure the entire film industry parties with him!
Sources said that the Malaysian prime minister invited Ambani to invest in sectors like power, media and financial businesses.
'This decision is made by us to embrace a transition phase with the new captain.' 'Let's set aside emotions.'
Reliance's hydrocarbon business was adversely impacted due to reduction in demand for refined products and petrochemicals.
Newly appointed Ambassador of the United States (US) to India Eric Garcetti visited Mumbai on Tuesday and met Reliance Industries Chairman and Managing Director Mukesh Ambani and Bollywood superstar Shah Rukh Khan at the actor's residence 'Mannat', besides offering prayers at Mumbadevi Temple and Jama Masjid.
Unveiling his infrastructure conglomerate's green vision, billionaire Gautam Adani on Tuesday said his group will invest $20 billion over the next 10 years in renewable energy generation and component manufacturing and will produce the world's cheapest green electron. The port-to-energy conglomerate plans to triple its renewable power generation capacity over the next four years, foray into green hydrogen production, power all data centres with renewable energy, turn its ports into net carbon zero by 2025, and plans to spend over 75 per cent of capital expenditure until 2025 in green technologies, he said. Speaking at JP Morgan India Investor Summit, Adani Group chairman said the USD 20 billion investment will be in renewable energy generation, component manufacturing, transmission and distribution.
In the midst of a renewed feud between the Ambani brothers, the younger sibling Anil called on Finance Minister P Chidambaram on Monday.
How much do you know about the Vibrant Gujarat Global Summit 2024?
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.
Here's a quick at the two cousins, Akash and Anmol.
If Pitroda's blunder cost him his office, what should the BJP's unrepentant attitude cost it?, asks Shyam G Menon.
The RBI rejection is a second blow to BoB - the lead bank of both companies -- after a Delhi high court order on August 18 stayed a move by BoB and the entire consortium of lenders to classify these accounts as fraud, restraining them from taking any other coercive action till the next hearing.
The airport sees 950-960 aircraft movements daily, and Saturday saw an additional 37 flights to Udaipur as celebrities, filmstars and politicians made a dash to the city for pre-wedding celebrations.
April-June 2023 (Q1FY24) was a mixed quarter for India's top family-owned business groups. Three of the big five in terms of revenue reported a year-on-year (Y-o-Y) decline in combined net sales and two saw a Y-o-Y fall in net profits. Combined net sales of all listed companies in the five groups were up just 2.2 per cent Y-o-Y at Rs 6.6 trillion in the quarter, down sharply from the 10.3 per cent in the March 2023 quarter (Q4FY23) and 42.8 per cent in Q1FY23.
Also starring Ranveer Singh, Kareena Kapoor, Saif Ali Khan, Aishwarya Rai, Shahid Kapoor, Varun Dhawan, Kriti Sanon, Kiara Advani, Sidharth Malhotra, Vidya Balan, Dia Mirza, Shradha Kapoor, Athiya Shetty, Sonam Kapoor Ahuja, Karan Johar, Shabana Azmi, Anupam Kher...
Speaking at a fireside chat with Microsoft CEO Satya Nadella, he said the big change driving this transformation was the deepening of mobile networks which were working at a much faster pace than before.
An RTI report has named Mukesh Ambani's eldest son Anant, mother Kokilaben and Sachin Tendulkar's children Sara and Arjun among the list of people provided security by the Mumbai police.
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