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.
Guests trouped out of Arpita Khan's party and into Mukesh Ambani's, on the other side of Mumbai.
He was accompanied by his daughter Isha and son Anant
Namrata Thakker recaps stellar Indian fashion moments on the Met Gala red carpet.
From B-town beauties to entrepreneurs, everyone seems to be in awe of Abu Jani and Sandeep Khosla.
Meet Nita Ambani's go-to make up artist, Mickey Contractor.
Proxy advisory firm IiAS has recommended that institutional investors should vote against the appointment of Anant Ambani on Reliance Industries Ltd's (RIL's) board, citing his age as the reason. The firm has, however, given its green light to the appointment of Anant's elder siblings - Akash and Isha. In its recommendation note, IiAS said, "At 28 years of age, his appointment as a non-executive, non-independent director does not align with our voting guidelines."
Rizwan Pehelwan's simple story with a message just melted the internet.
Chris Martin sang Coldplay's hit tracks Sky Full of Stars, Clocks, Paradise and Magic.
Isha and Akash, 23, were appointed to the boards of Reliance Jio Infocomm Ltd and Reliance Retail Ventures Ltd, the company said.
Designer Sabyasachi Mukherjee, who completed 20 years in the business, launched a new collection over the weekend.
Reliance Retail has bought a 25.8 per cent stake in Dunzo, India's leading quick commerce player, for $200 million (around Rs 1,488 crore) as it looks to expand its presence in online grocery delivery business. Dunzo has raised $240 million (about Rs 1,787 crore) in its latest funding round that was led by Reliance Retail Ventures Ltd (RRVL) - the retail arm of Reliance Industries, the two firms said in a statement. Existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital also participated in the funding round.
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.
Karisma and Kareena Kapoor's cousin Armaan Jain got married to long-time girlfriend Anissa Malhotra on February 3.
The singer wore three different outfits. Tell us which one impressed you the most.
Trent Boult and his wife Gert Smith effortlessly stole the spotlight.
After covering the biggest wedding of the year, Rediff.com's Hitesh Harisinghani was invited to the reception specially held for the media.
Deepika bonded with Aishwarya. Anil Kapoor and wife mingled with the Thackerays.
According to insiders, the induction of Jai Anshul would coincide with the birthday of the late patriarch of Reliance group, Dhirubhai Ambani, in the last week of December.
Becks caught up with the Ambanis on Thursday.
Sebi on Wednesday imposed a total penalty of Rs 25 crore on Mukesh Ambani, Anil Ambani, other individuals and entities for non-compliance with takeover norms in a Reliance Industries case dating back to 2000.
'Sonam is my lucky charm.' 'Because of her, 2018 went well for me, as I got four big weddings.' 'It started with Sonam's in November, then Deepika Padukone-Ranveer Singh's in December, Kapil Sharma's wedding and then Isha Ambani's wedding.'
Presenting five ways to amp up your Holi style.
Reliance Brands Ltd (RBL) will pick a 40 per cent minority stake in renowned fashion designer Manish Malhotra's MM Styles Pvt Ltd, for an undisclosed sum, the two companies said on Friday. This is the first external investment for the brand, which had so far been privately held by the designer. The strategic partnership is aimed at accelerating the 16-year-old couture house's growth plans in India and across the globe, they said in a joint statement.
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.
Kareena Kapoor, Nita Ambani and Sangeeta Bijlani were among the celebs who attended Manish Malhotra's stupendous opening show at Lakme Fashion Week Summer/Resort 2016.
The Ambanis sure know how to throw a party.
The Ambanis are the only Indian family on the top 10 richest families list in Asia.
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.
Reliance Brands Ltd (RBL) on Monday announced forming a 60:40 joint venture with Rahul Mishra brand RM, which will create and own a new brand that would encompass courtier's ready to wear business. The new brand would grow both vertically and horizontally in the fields of accessories, footwear, home, beauty, and jewellery for a worldwide audience, said a joint statement. Rahul Mishra will lead the creative direction of the new brand as creative director, it added.
Loved how Deepika Padukone looked on her wedding? Then, it's time you thank this woman.
Reliance Retail Ventures Limited (RRVL) on Thursday said it has entered into a Master Franchise agreement with 7-Eleven to run convenience stores in India. The first 7-Eleven store is set to open on Saturday, in Andheri East, Mumbai, RRVL, the retail arm of Reliance Industries Ltd, said. "RRVL, through its wholly-owned subsidiary, 7-India Convenience Retail Limited, has entered into a master franchise agreement with 7-Eleven, Inc (SEI) for the launch of 7-Eleven convenience stores in India," said a joint statement.
Commercial services may start in Mar-Apr next year
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.
Reliance Retail's digital commerce platform JioMart will morph into an e-marketplace offering multiple brands - from electronics, consumer durables, fashion and lifestyle, beauty, home, kitchen, and grocery - as it girds up to take on the likes of Amazon and Flipkart ahead of the festival season sales. India's largest retailer was in the process of onboarding third-party sellers these past few months, further increasing its selection across categories multifold. Its website and application offers general merchandise as well.
The football legend shared the VIP box with movie stars and businesspeople.
Bollywood stars up their fashion game for the first Vogue Women of the Year Awards.
There's clearly no limit to how dramatic a wedding can be.
