The government and the ruling Bharatiya Janata Party have dismissed the Pegasus Project reports as concocted and evidence-less.
Nita Ambani's appointment on the board of directors of RIL was met with thunderous applause.
The Adani group said Reliance Infrastructure, part of the Reliance Anil Dhirubhai Ambani Group, had initiated arbitration on one specific dispute under the Share Purchase Agreement (SPA) in December 2021 with a claim for just Rs 500 crore. Adani said it has filed counterclaims against the Ambani company. The Adani group firm, Adani Electricity was reacting to a Reliance Infrastructure statement of last week, which said it has filed an arbitration claim of Rs 13,400 crore against Adani Group in the Mumbai Centre for International Arbitration (MCIA). Reliance had cited a breach of a December 2017 share purchase agreement relating to the transfer of its Mumbai power distribution business to Adani Transmission.
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.
Move over Sydney Opera House, Theatre Royal Drury Lane, Mumbai has a new entertainment venue that will rival many a global address.
The actor was buried at the Versova Kabarstan in north west Mumbai.
The fiercest corporate battles in India probably have been fought by the Ambanis. Dhirubhai Ambani, the founder of Reliance Industries, first locked horns with Bombay Dyeing's Nusli Wadia over polyester. Then, there was a corporate battle with Larsen & Toubro.
Reliance Group managing director Anil Ambani on Saturday exhorted the aspiring entrepreneurs to take inspiration from his late father Dhirubhai Ambani and pick up the challenge to "make the nation an economic superpower." \n\n
Shooting ace Bindra, who claimed a historic gold medal in the men's 10m air rifle competition at the 2008 Beijing Olympics, runs the Abhinav Bindra Sports Medicine and Research Institute (ABSMARI) -- a one-of-a-kind institute for physiotherapy in the country with a world-class biomechanical and sports science laboratory set up for academic purposes -- in Bhubaneswar.
Let's look at inspiring stories of billionaires who were dirt poor once.
Reliance Industries Ltd on Thursday announced a Rs 75,000 crore investment in new energy business over the next three years as the operator of the world's largest oil refinery pivots towards a greener and cleaner version. Reliance will build solar manufacturing units, a battery factory for energy storage, a fuel cell-making plant and an electrolyzer unit to produce green hydrogen as a part of the business, chairman Mukesh Ambani said at the company's annual general meeting with shareholders on Thursday. It will also set up 100 gigawatts (GW) of solar power generation capacity by 2030 and invest in setting up a carbon fibre plant.
It was a proud day for Bollywood's mummies and daddies. The two-day annual day celebrations of Dhirubhai Ambani School saw their kids get ready to show off their skill on stage.
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.
Prints in silk, handmade shibori, hints of denim, uneven hems, 3D florals...Anamika Khanna's collection had casual, fun outfits for your everyday wardrobe.
Forbes' annual ranking of 100 wealthiest Indians was released on Thursday.
Industrialist Anil Ambani met Oil Minister S Jaipal Reddy on Wednesday, seeking natural gas allocation for his group's upcoming power projects.
The National Company Law Tribunal (NCLT) on Monday gave its approval to Jio for the acquisition of Reliance Infratel (RITL). The tribunal asked Jio to deposit Rs 3,720 crore in the State Bank of India (SBI) escrow account to complete the acquisition of RCOM's tower and fibre assets. On November 6, Jio had proposed to deposit Rs 3,720 crore in an escrow account to complete the acquisition of Reliance Infratel which is undergoing an insolvency resolution process.
Dhirubhai sells. Against All Odds, a book on the life and times of Dhirubhai Ambani by advertising veteran A G Krishnamurthy, is trying to ride on the success of an earlier book on Dhirubhai by the same author.
This would be done either through strategic sale or initial public offering, ADAG chairman Anil Ambani told shareholders at the company's annual general meeting in Mumbai.
Two brothers have begun collaborating in certain businesses.
Sanjay Dutt, who is rumoured to be suffering from lung cancer, returned to work after reportedly completing the first round of chemotherapy at Mumbai's Kokilaben Dhirubhai Ambani hospital.
Anil Ambani on Wednesday announced formation of two new companies, Global Fuel Management Services and Reliance Communication Ventures Ltd, under the Anil Dhirubhai Ambani Enterprises umbrella.
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?
Bollywood came in huge number to show support to Priyanka Chopra and her family in their hour of grief.
Indian family-run business houses have in recent years seen ugly public spats between owners over control. But metals-to-ports conglomerate Essar's Ruia family seems to be an exception. Three generations of the Ruia family - founder brother Shashi and Ravi Ruia, their children and grandchildren - continue to live under one roof and jointly run the business empire.
Sanjay Gadhavi passed away on November 19. His Dhoom stars pay him tribute.
Participant Media led by Jeff Skoll and Entertainment One, a leading US-based media company, are also part of the joint venture.
The battle between the Ambani brothers flared up again today -- this time over the Anil Dhirubhai Ambani Group's (ADAG's) bid to seal a merger deal with South African telecom company, MTN.
On August 21, the division bench had suggested that the two warring sides should seek the help of their mother Kokilaben Ambani to resolve the issue. The billionaire brothers are fighting over supply of natural gas from RIL's eastern offshore KG gas fields.
A sharp rise in Reliance-Anil Dhirubhai Ambani Group (ADAG) stock prices baffled market players on Tuesday.
Olympic medallist Mirabai Chanu will undergo tests on October 3 in Mumbai to find out the severity of the thigh injury she suffered at the Asian Games in Hangzhou.
Reliance Industries will by 2030 create or enable capacity to generate at least 100 gigawatts of electricity from renewable sources, which can be converted into carbon-free green hydrogen, its chairman Mukesh Ambani said Friday as he outlined a 1-1-1 vision to bring down the cost of hydrogen to under $1 per 1 kg in 1 decade. The focus on generating electricity from renewable sources of energy such as solar and wind -will help cut carbon emissions in the world's third-largest greenhouse gas emitter. The same electricity, when converted into green hydrogen, can replace petrol and diesel in automobiles and other fuels in the industry, helping cut down on the use of fossil fuels, carbon emissions and reduce import dependence.
'The team at Kokilaben hospital is taking really good care of me.'
The actor died on Friday after suffering a heart attack at a gym in Mumbai. He was 46.
The seven listed companies of the Anil Ambani Group, led by Reliance Power and RCom, made their investors wealthier by Rs 16,969 crore.
US-based billionaire's $100 million buy values the Anil Ambani company at $3 billion.
Reliance ADA Group challenged Sibal to bring on record anything to support his 'wild allegations,' while adding that it would file criminal proceedings against DGH.
The Reliance Anil Dhirubhai Ambani Group plans to develop Baramati, about 100 km from Pune, as a hub for private jets, with airports in Mumbai and Pune facing acute shortage of parking bays. Baramati is also the home town of Union agriculture minister and Nationalist Congress Party chief Sharad Pawar.
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