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.
Mukesh Ambani hosted his sister Nina Kothari's daughter's Nayanttara's pre-wedding bash at his home, Antila.
Subhash Ghai rang in his 78th birthday with a star-studded party in Mumbai.
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.
The year saw its share of news and views. But there were some that really stood out for our readers.
At the start of the auction on Sunday, Punjab Kings had the highest funds at Rs 110.5 crore, which decreased to Rs 10.9 crore before Day 2 on Monday.
Three leading domestic voting advisory firms are not on the same page over the proposed demerger and separate listing of ITC's hotel business, ITC Hotels. Institutional Investor Advisory Services (IiAS) has recommended a vote "against" the resolution, while InGovern and Stakeholders Empowerment Services (SES) have advised their clients to vote in favour. Voting on the resolution is currently underway.
Despite their business rivalry, Gautam Adani did attend the big pre-wedding event in Jamnagar hosted by Mukesh Ambani over the weekend.
American technology giant Apple's chief executive Tim Cook on Wednesday met ICICI Bank's top brass at the country's largest private sector lender's corporate headquarters in Mumbai.
Learn how to host parties from the Ambanis!
Designer Ridhi Mehra has a look for bride Radhika and her sister-in-law Isha Ambani.
There's clearly no limit to how dramatic a wedding can be.
With Shah Rukh Khan's Pathaan getting the cash registers ringing and our favourite ladies keeping the fashion quotient high, January has definitely set the best tone for the new year.
Anjali quickly decided not to pursue her career in medicine. If she had worked in a government hospital, she would have had to do her fair share of nights and weekends in hospital, which would have been tough when Sachin was back in Bombay between tours. Had she worked in private practice as Dr Anjali Tendulkar, she reckoned she would be consulted for her name rather than her expertise. Anjali is an all-or nothing person and she couldn't have just dabbled in doctoring. Moreover, she wanted to devote herself to keeping her husband in the right frame of mind to play his best cricket. A fascinating excerpt from Annabel Mehta and Georgina Brown's book, My Passage to India.
The event witnessed the who's who of Maharashtra politics -- including three former chief ministers of Maharashtra.
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.
Becks caught up with the Ambanis on Thursday.
Chalo Jeete Hain is a film based on Narendra Damodardas's childhood.
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.
And Sachin Tendulkar came by to cheer!
He was accompanied by his daughter Isha and son Anant
Their engagement party was held at Lake Como, Italy.
Odisha Chief Minister Naveen Patnaik met Reliance Industries Chairman and Managing Director Mukesh Ambani in Mumbai on Monday, February 27, 2023.
Present were several young things the movie mogul may feature in coming attractions.
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.
Former Mumbai police officer Pradeep Sharma has moved the Supreme Court challenging the Bombay high court verdict convicting and sentencing him to life imprisonment in a 2006 fake encounter case.
JioMeet, which has already got the endorsement of top government officials and politicians, saw a huge surge in its ranking on Google Play, based on its downloads.
The Ambanis are the only Indian family on the top 10 richest families list in Asia.
Bride to-be Shloka Mehta dazzled in a Abu Jani-Sandeep Khosla ensemble.
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.
As record stock market rally continues, the value of shares directly owned by next-generation business leaders at 20 major corporate houses has soared over 18 per cent to Rs 17,000 crore.
Isha and Akash, 23, were appointed to the boards of Reliance Jio Infocomm Ltd and Reliance Retail Ventures Ltd, the company said.
Nita Ambani's appointment on the board of directors of RIL was met with thunderous applause.
A division bench of Justices Revati Mohite Dere and Gauri Godse quashed the sessions court's 2013 judgment acquitting Sharma, terming it as "perverse" and "unsustainable".
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.
Cook is scheduled to meet top honchos of India Inc later during the day
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.
Commercial services may start in Mar-Apr next year
Maharashtra Chief Minister Eknath Shinde appears to catch up with old acquaintances and make new friends during Ganesh Utsav.
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