Asia's richest man Mukesh Ambani on Thursday said his oil-to-telecom-and-retail conglomerate is not seeking short-term profit but is in the business of creating wealth for the nation. Speaking at the company's annual shareholder meeting, he said all businesses of Reliance Industries Ltd continue to be key drivers of the Indian economy and have become a success story. "We are not in the business of pursuing short-term profit and hoarding wealth. "We are in the business of creating wealth for India," he said.
'Whatever is necessary for life and is not made in your country, we will import it from outside.'
'The question for the TMC is not whether it can hold its bastions, but whether it can expand effectively into regions where the BJP already possesses a good ecosystem.'
Independent valuers have given a liquidation value of up to Rs 13,000 crore for Reliance Capital, sources said. The Reliance Capital administrator, in the Committee of Creditors (CoC) meeting held on Wednesday, presented the valuation reports of the independent valuers - Duff & Phelps and RBSA, to the lenders. According to sources, independent valuers Dufff & Phelps and RBSA have given a liquidation value of around Rs 13,000 crore for Reliance Capital (RCAP).
Among the Sensex firms, Mahindra & Mahindra jumped the most by 5.96 per cent. Bajaj Finance, Bajaj Finserv, Trent, ITC and HDFC Bank were also among the gainers. However, Maruti Suzuki India, Bharat Electronics, HCL Tech, NTPC, Power Grid, Infosys and Reliance Industries were among the laggards.
He said terrorists crossed the border and killed 26 Indians after checking their religion in Pahalgam in Jammu and Kashmir, which drew a fitting response from the country, referring to Operation Sindoor.
Diwali celebrations in Maharashtra would be incomplete without the making of the killa, a playful ritual rooted in tradition and creativity, where children and adults come together to craft miniature forts made using mud, sand and clay.
The Centre said as a matter of judicial review, the court could declare the provisions to be unconstitutional, however, the relief sought by the petitioner effectively sought to read "life-long" instead of "six years" in all sub-sections of Section 8 of the Act.
'India kills its own talent before the world even gets to see it'
Indian graduates face tougher English tests, shorter post-study stays, higher costs and stricter settlement rules as Britain rolls out sweeping immigration reforms.
Colliers reports that GCC leasing has jumped from 4.6 million square feet in 2021 and is expected to hit 10.6 million square feet by 2025 -- a clear sign that multinationals see Bengaluru as a long-term base.
Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.
The combined market valuation of eight of the top-10 most valued firms surged Rs 1,21,270.83 crore last week, with Reliance Industries becoming the biggest gainer, in line with an outstanding rally in benchmark equity indices. Last week, the BSE benchmark jumped 1,027.54 points or 1.21 per cent. The BSE Sensex hit its record high of 85,978.25 on Friday.
'Salman is not interested in acting.'
Indian equity benchmarks rose nearly 2 per cent on Thursday, capping a truncated trading week with their strongest weekly performance in over four years. The rally was sparked by renewed risk-on sentiment following progress in trade negotiations and expanded tariff exemptions.
Maharashtra minister Prakash Abitkar said efforts are underway to bring back elephant Mahadevi from a rescue center in Gujarat. The elephant was relocated following a court order due to health concerns. Local leaders are protesting the relocation and seeking her return.
Mirai is an ambitious, but lazily timid visual effects overkill that squanders away potential with an undercooked early draft screenplay that needed rework, notes Arjun Menon.
Life Insurance Corporation (LIC) , the country's largest domestic institutional investor (DII), has seen a Rs 46,000 crore erosion in the value of its equity holdings amid market downturns in July. The benchmark indices, Nifty 50 and BSE Sensex, have slipped 2.6 per cent from their June 2025-end level to 24,837 and 81,463.09 respectively.
Thousands of people participated in a 'silent march' in Kolhapur on Sunday, demanding that 36-year-old female elephant Mahadevi (also called Madhuri), be brought back from Vantara wildlife rescue, treatment, and rehabilitation centre in Gujarat's Jamnagar district.
Modi said peace is paramount for development, and the Centre is committed to achieving it.
Tehran's dull treatment of a dry premise never makes us feel the complexity of the ongoing Middle East crisis nor the patriotic fervour in John Abraham's voice, notes Sukanya Verma.
Sholay's Basanti is the face of women's empowerment and gender equality. That's why, half a century after the movie first released, we're still talking about her.
Defence Minister Rajnath Singh on Sunday said that the Brahmos missile proved instrumental in Operation Sindoor and since then, more than a dozen countries have expressed interest in it.
RSS chief Mohan Bhagwat clarified that he never stated he would retire or that others should retire at 75, addressing speculation following his recent remarks.
India's space regulator INSPACe has granted a license to Starlink to offer space-based internet services in the country. The authorization is valid for five years and subject to regulatory provisions and clearances.
While most analysts had valued Reliance Capital's stake in Reliance Life Insurance at Rs. 285 per share, or about Rs. 7,000 crore, this deal values it at Rs. 468 per share of Reliance Capital, which is a huge premium.
Reliance Industries Chairman Mukesh Ambani and his family participated in the Maha Kumbh on Tuesday, taking a dip in the Sangam and attending a yagya at Parmarth Triveni Pushp in Arail. The family, including Ambani's mother, sons, daughters-in-law, grandchildren, and siblings, were accompanied by Ambani's mother-in-law and sister-in-law. They joined millions at the spiritual pilgrimage at the confluence of the sacred waters of Ganga, Yamuna, and mythical Saraswati. The family also prayed for "global peace and welfare" at the Vishwa Shanti Yagya.
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.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
A look at NADA's list of suspended athletes reveals that wrestling has the second most dope offenders among all sporting disciplines in India.
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.
Prime Minister Narendra Modi addressed the nation on Independence Day, focusing on economic growth, self-reliance, and national security. He emphasized manufacturing quality products at affordable prices, supporting farmers, and combating terrorism and infiltration.
'In multi-pilot operations, no critical switch can be moved without the other pilot's consent.'
Reliance Life to tie up with banks to distribute products
US technology company NVIDIA and billionaire Mukesh Ambani's Reliance Industries on Friday announced a partnership to build AI supercomputers in India. "The companies will work together to build AI infrastructure that is over an order of magnitude more powerful than the fastest supercomputer in India today," the firms said in a statement. Days before the announcement, NVIDIA founder and CEO Jensen Huang met Prime Minister Narendra Modi on Monday.
'Bappi Lahiri was looking for a break so he and his father would meet me.' 'I told Director Bhisham Kohli about this promising young boy from Kolkata, and Bappi came over with his harmonium.' 'Bappi played this composition and Bhisham liked it immediately.' 'As we were discussing, I said I would give the words, and that's how I wrote this song.'
President Droupadi Murmu's address to the nation on the eve of the 79th Independence Day.
Here's a list of life insurance companies that have the maximum number of customer complaints against them in various categories such as claim disputes and unfair business practices.
