Siding with Reliance group chairman Mukesh Ambani, the board of the flagship company RIL on Wednesday rejected objections raised by his younger brother and vice chairman Anil
Reliance Group chairman Mukesh Ambani on Friday said that India had the unprecedented opportunity to leverage a large young population with information technology skills, which would make it the fountainhead of a new world of technology.
Reliance Industries on Monday said its city gas would be cheaper by almost 33 per cent compared to liquefied petroleum gas being supplied by oil PSUs.
Reflecting the differences with elder brother Mukesh on buyback of shares by flagship company Reliance Industries, Anil Ambani on Wednesday said he had proposed that 12 per cent equity in RIL held by the Petroleum Trust and four companies be distribu
Family sources confirmed that over the weekend the 'Ambani family,' including mother Kokilaben and sisters Deepti Salgaoncar and Nina Kothari requested Mukesh to furnish appropriate details as per his statement on November 22.
The extraordinary general meeting of Reliance Industries Ltd on Friday virtually cleared the demerger of group companies, with company chairman Mukesh Ambani submitting over 65 per cent 'proxy' votes in favour of the scheme.
Projecting that global oil prices would stabilise at around $30-35 and help ease pressures on consumers, Reliance Industries Chairman Mukesh Ambani on Wednesday sought deregulation of natural gas, terming it as an alternate fuel in the medium term.
Anil Ambani, vice chairman and managing director of Reliance Industries Ltd, has been adjudged the most admired chief executive in India, while his elder brother Mukesh Ambani occupied the fifth slot.
Reliance Industries Ltd announced on Tuesday a big-ticket expansion in retailing business, which would have presence in 1,500 cities across India at an investment of about Rs 25,000 crore (Rs 250 billion) generating over 1000,000 new jobs.
Reliance Industries Ltd, on Thursday announced that it has struck gas off the Orissa coast in Bay of Bengal.
The development comes on a day the Supreme Court adjourned Anil Deshmukh's plea, which sought protection from any coercive action by the Enforcement Directorate in the criminal case registered under various sections of the Prevention of Money Laundering Act, and said it would hear his petition on August 3.
US energy major Chevron may pick up a stake in the Reliance Industries' upcoming Rs 27,000 crore
A meeting of the board is being convened on December 27 to consider the "proposal for purchase of company's own equity shares, that is buyback of shares," RIL said in a communiqué to the Bombay Stock Exchange on Monday.
The CRPF, the country's largest paramilitary force, has been providing security to about 60 dignitaries and high-profile persons, including Union Home Minister Amit Shah, Chief Justice of India SA Bobde, Congress chief Sonia Gandhi and her children Rahul and Priyanka.
What do you think will happen to the Reliance Group now? Will the family split? Or will the brothers unite to emerge stronger than ever? Tell us.
Reliance Group Chairman Mukesh Ambani has admitted to differences with his brother Anil over 'ownership issues,' but said "they are in the private domain."
Tata Group Chairman Ratan Tata, Infosys Technologies CEO Nandan Nilekani, Wipro Chairman Azim Premji and Reliance Industries Chairman Mukesh Ambani are the four Indians in Asia's 25 most powerful business leaders list by the Fortune magazine.
DaimlerChrysler India, on Thursday, handed over the keys to the first Rs 5-crore (Rs 50 million) Maybach, the country's most expensive car to Pan masala tycoon Rasiklal Manikchand Dhariwal.
A provisional order has been issued under the Prevention of Money Laundering Act (PMLA) attaching a residential flat worth Rs 1.54 crore in Mumbai's Worli, and 25 land parcels valued at Rs 2.67 crore in Dhutum village in Raigad district.
Mukesh Ambani-led Reliance Industries Ltd announced on Tuesday a new crude oil discovery in the Krishna Godavari basin off the Andhra Pradesh coast.
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.
The Indian economy has the potential to grow by more than 7.5 per cent annually and become the third largest in the world in the coming decades, Reliance Group Chairman Mukesh Ambani said.
Reliance Industries Ltd on Friday said it was not looking for extension of the marketing deal with public sector oil companies to lift production from Jamnagar refinery.
Mukehs Ambani, KLakshmi Mittal, Azim Premji features in top ten rich Indians list.
Reliance Industries Ltd, India's sole private sector refiner, on Monday sought Petroleum Minister Ram Naik's help in getting public sector oil companies to buy fuel from its 33 million tonne Jamnagar refinery in Gujarat.
Reliance Chairman Mukesh Ambani, Infosys Chief Executive Officer Nandan Nilekani, and Apollo Hospitals' Chairman Pratap Reddy are among the top managers BBC will feature in a seven-part series.
Reliance Industries Ltd vice chairman Anil Ambani on Wednesday fired another salvo at his elder brother Mukesh, accusing a key director of one of the group companies of sullying the group's image.
The company is targeting 100 million subscribers in shortest possible time, RIL Chairman Mukesh Ambani said