Indeed there is an extraordinarily stark contrast between the mansion in South Mumbai and the reality of Golibar -- with its fragile, tiny one room homes set amid open sewage channels in narrow lanes.
The Bombay High Court on Monday asked Mukesh Ambani-led Reliance Industries and Anil Ambani group firm Reliance Natural Resources Ltd to renegotiate within four months, a Gas Supply Master Agreement (GSMA) between them saying it has to be a "bankable" pact.
Voice calling will be free on Jio phones for life and post December 31, 10 data plans will be offered
Move over Sydney Opera House, Theatre Royal Drury Lane, Mumbai has a new entertainment venue that will rival many a global address.
When Aamir Khan parties, he makes sure the entire film industry parties with him!
JioFiber, India's first 100 per cent all-fiber broadband service, will start from 100 Mbps and go all the way up to 1 Gbps. This will propel India to top 5 broadband nations globally.
RIL declined to comment on this or related allegations, saying the entire issue was in court.
The ADA Group's recent decision to sell a stake in Reliance Communications and merge its telecom tower business with GTL Infra will help it reduce a mounting debt burden.
Securities and Exchange Board of India has let off Reliance Industries Ltd and its chairman and managing director Mukesh Ambani and his brother Anil, who is vice-chairman and MD, from charges of insider trading
Hatoyama is the first Japanese PM to visit India in 25 years.
Within days of a truce with younger brother Anil, Asia's richest man Mukesh Ambani will address shareholders of Reliance Industries on Friday and is expected to announce mega investment plans, possibly in power and telecom sectors.
Billionaire Mukesh Ambani-promoted Reliance Industries Ltd (RIL) on Tuesday became the first listed company to hit the Rs 20 lakh crore market valuation mark. The market heavyweight's stock jumped 1.88 per cent to its record high of Rs 2,957.80 apiece on the BSE. It finally settled at Rs 2,928.95 per piece, up 0.90 per cent on the bourse.
Isha and Akash, 23, were appointed to the boards of Reliance Jio Infocomm Ltd and Reliance Retail Ventures Ltd, the company said.
Mexican billionaire Carlos Slim has emerged as the richest person in the world with $53.5 billion in assets in the US magazine Forbes annual list of world's top billionaires.
Two corporate heads, Vikram Pandit and Mukesh Ambani, on Friday predicted great things about India's growth story. Particularly, the recent stress on inclusive growth.
Aiming to make consumer businesses a key part of the business, industrialist Mukesh Ambani on Thursday said that the group's retail venture was aiming to grow its revenue 5-6 times and achieve sales of Rs 40,000-50,000 crore (Rs 400-500 billion) in the next three to four years.
Tata Group remained India's largest business conglomerate in market capitalisation in calendar year 2023 while the Mukesh Ambani camp raced ahead of the Adani businesses to become the second-largest. The Tata companies ended 2023 with a combined group market capitalisation of Rs 28.68 trillion, up 35 per cent from the Rs 21.2 trillion at the end of December 2022. Ambani's group mcap is Rs 19.42 trillion at the end of CY23, up 10.7 per cent from the Rs 17.6 trillion a year ago.
The Adani Group led in adding net fixed assets, which are up more than 90 per cent since September 2019 or before COVID-19.
Adani group opened a $1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter of one week in signs that the apples-to-airport conglomerate has shrugged off the Hindenburg effect and is back to rapid expansion spree. In the last one week, Adani group has through regulatory filings and press statements announced expansions and investments in its mainstay ports business, diversification into metal refining, fund infusion into a two-year-old cement foray and continuing progress in the commissioning of its mega solar project.
Stumbling blocks for resolving the gas row between the Ambani brothers can be removed by putting together the family MoU and the demerger scheme, Anil Ambani-led RNRL told the Supreme Court on Wednesday.
A controversy erupted on Monday over business tycoon Mukesh Ambani being provided Z category security with Left parties condemning it as "unprecedented" while the Centre sought to defuse the row saying he will bear the expenses.
The company wants to compete against international majors in Sunil Mittal bastion.
The National Investigation Agency (NIA) arrested Mumbai Police officer Sachin Waze Saturday night after questioning him for 12 hours over the recovery of an explosive-laden vehicle near the residence of industrialist Mukesh Ambani, an agency spokesperson said.
It's mostly fun and games at annual general meetings of companies, but sometimes it is also a bit ugly. . .
Rediff.com's Hitesh Harisinghani clicks the couples at the Nita Mukesh Ambani Cultural Centre.
The Supreme Court on Monday asked Mukesh Ambani-run Reliance Industries Ltd and Anil Ambani group firm Reliance Natural Resources Ltd to reply to the government's prayer for declaring 'null and void' their family agreement on gas supply, and posted the matter for hearing on September 1.
The decision by Mukesh Ambani, chairman of Reliance Industries as well as Reliance Infocomm, to annul his 12 per cent sweat equity deal in Infocomm
The Delhi high court on Thursday extended for a month the date of appearance of the Ambani brothers before a city court in connection with an Official Secrets Act case.
Billionaire Mukesh Ambani-run Reliance Industries will sell natural gas from its eastern offshore KG-D6 fields to Anil Ambani Group firm's power plant in Andhra Pradesh at government approved rates.
India Inc honchos Ratan Tata, Mukesh Ambani and others are likely to explore measures to boost bilateral business ties during their brainstorming session over breakfast with US Secretary of State, Hillary Clinton on Saturday.
Gas production from the country's biggest gas block is less than a year away, but Reliance Industries (RIL), operator of the block in the Krishna-Godavari basin, and Reliance Natural Resources (RNRL), the biggest buyer of gas from the block, have not made headway on renegotiating the sales agreement.
The Adanis and the Ambanis already knew about it and sorted their money in advance, said the BJP MLA
Branded Mobi-Retail, this service will be offered to the 35 million subscribers of Reliance Communications, who will be able to use their handsets to buy over 100,000 products ranging from fresh vegetables to groceries, readymade garments, toys etc.
Mukesh Ambani, will become the IOA's principal partner and help the country's sports federations
Anil Ambani group company Reliance Communications Infrastructure Ltd has moved the Supreme Court seeking to recover more than Rs 58 crore (Rs 580 million) of outstanding loan from a Mukesh Ambani group firm.
As Ambani plumped for the CDMA technology to carry his data-driven business plan, he found himself going eyeball-to-eyeball with Sunil Mittal, the leader of the GSM pack.
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