One of the country's biggest corporate court battles, between Ambani brothers Mukesh and Anil, had a celebrity spectator -- King of Bollywood Shah Rukh Khan.
Among the 30 Sensex firms, Tata Motors jumped over 4 per cent, followed by Bajaj Finserv, Bajaj Finance, HCL Technologies, ITC, Reliance Industries, Tech Mahindra, Maruti and State Bank of India. Reliance Industries climbed nearly 2 per cent after Mukesh Ambani, chairman and managing director of the firm, said the board of the company will meet on September 5 to consider issuing bonus shares in the ratio of 1:1.
Nita Ambani, wife of Reliance Industries Chairman Mukesh Ambani, on Wednesday became the first woman to be appointed on the board of the nation's largest private firm.
RIL, ADAG cancel 2006 non-compete agreements, hope to work in harmony
Reliance Industries on Friday unveiled five fundamental strategic shifts for growth, laying emphasis on acquisitions and partnerships for growth rather than the organic route.
Isha Ambani means business. Not only when she is doing business - she leads Reliance Retail - but also when she is not. The latter was unmistakable on Wednesday, during her eight-minute 49-second video address on the occasion of "Girls in Information and Communications Technology (ICT) Day India 2024".
Spectrum auction for mobile radiowaves services worth Rs 96,000 crore ended with bids worth about Rs 11,000 crore, according to sources. The government has put over 10,500 Mhz spectrum in eight frequency bands -- 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz and 26 GHz, valued at Rs 96,238 crore at base price, for auction.
Out of the world's 10 wealthiest CEOs, four positions have been grabbed by Indians -- Lakshmi Mittal is ranked at the second place followed by Mukesh Ambani (6th place), Anil Ambani (7th) and Wipro chief Azim Premji (9th). The list has been topped by Warren Buffet, the chief executive of Berkshire Hathaway with a fortune of $52 billion.
Reliance Industries chairman and managing director Mukesh Ambani confirmed the truce pact with Anil Ambani.
Sources say Ambani may be financing a part of the project in his individual capacity rather than through any of his group companies.
Reliance Industries Chairman Mukesh Ambani and Communist Party of India-Marxist General Secretary Prakash Karat are understood to have discussed the economic slowdown, the political situation and the CPI-M's position as a general election approaches.
Close on the heels of Mukesh Ambani's Reliance Industries seeking coal mines to convert coal into oil, younger brother Anil-run Reliance Natural Resources has applied for coal blocks to turn coal into gas. Reliance-Anil Dhirubhai Ambani Group (R-ADAG) president J P Chalasani in a January 14 letter to Coal Secretary H C Gupta sought allocation of "captive coal blocks for the purpose of converting coal to gas."
Scroll down to see who else made the guest list at the Mumbai Indians' party...
So many film folk turned up at the opening night of the Jio MAMI Film Festival, held at the Nita Mukesh Ambani Cultural Centre (NMACC) in Mumbai.
The merger between the RIL and RPL would enhance value for shareholders of both the companies, RIL Chairman Mukesh Ambani said in Mumbai on Monday.
Mukesh Ambani, locked in a tussle with his brother Anil Ambani over the ownership of over Rs 90,000 crore (Rs 900 billion) Reliance industrial empire, had a meeting with Congress President Sonia Gandhi on Saturday.
Ambani family truce unlocks RIL growth potential.
The soon to-be-wed couple threw a lavish, exclusive party for close family and friends.
Right after it returned to the telecom sector by acquiring Infotel Broadband, Mukesh Ambani's Reliance Industries (RIL) began discussions with brother Anil Ambani's mobile service provider, Reliance Communications (RCom), for a possible sharing of infrastructure.
People from different walks of life gathered outside the residence of Ratan Tata in south Mumbai on Thursday morning to pay their respects to the veteran industrialist, who died in a hospital in Mumbai.
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The Shri Ram Janmabhoomi Teerth Kshetra Trust has sent invitations to 7,000 people, including 3,000 VVIPs, for the consecration.
Nita Ambani, founder and chairperson, Reliance Foundation, was presented the Global Leadership Award by the US-India Strategic Partnership Forum in New Delhi on Sunday, October 29, 2023.
In the last two years, there have been at least three instances of the government actively stepping in on Mukesh Ambani's side.
The network sharing agreement is the start of a new era of partnership between the brothers. More deals on sharing towers and intra-city fibre network are likely.
A Mumbai court has issued summons against industrialist Mukesh Ambani, his brother Anil Ambani and seven others following a complaint by a local resident alleging that he was getting Reliance cellphone bills although he was not a subscriber.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Ambani flew to Badrinath, which reopened to the public today, from Dehra Dun in a helicopter to pay obeisance to Lord Badri.
Their engagement party was held at Lake Como, Italy.
Having created businesses ranging from world's largest single-location oil refining complex to nation's largest mobile network operators in just few years, billionaire Mukesh Ambani says his group Reliance Industries Ltd will never be complacent and will grow to be among the top 10 business conglomerates of the world. Addressing employees on Reliance Family Day - the birthday of the group's founder Dhirubhai Ambani, he said Reliance is now aiming to consolidate a place among global leaders in digital data platforms and AI adoption. "Today, the domestic and global environments for business are changing very fast.
Hiran's body was found in a creek in Thane district on March 5.
A day after the mega launch, the party continues at the Nita Mukesh Ambani Cultural Centre.
Mexican billionaire Carlos Slim remained the richest person in the world with $74 billion in assets, while NRI steel magnate Lakshmi Mittal ranked sixth and Indian industrialist Mukesh Ambani is placed ninth in the US magazine Forbes annual list of world's top billionaires.
Aam Aadmi Party leader Arvind Kejriwal has shot off a letter to Reliance Chairman Mukesh Ambani, levelling unsubstantiated charges against the billionaire businessman.
A designated Delhi court has directed the Chief Metropolitan Magistrate to issue summons to Reliance group chairman Mukesh Ambani and its managing director Anil Ambani.
It is not clear if it was the same Innova that was following the explosives-laden Scorpio before the latter was parked near Ambani's residence in south Mumbai on February 25.