Valuation slips on rights cancellation; OIL pulls out, GAIL puts plan on ice.
A Delhi court on Monday directed Reliance Industries Chairman Mukesh Ambani and RIL Vice Chairman Anil Ambani to appear before it on August 8 in connection with a case under the Official Secrets Act.
The wedding, which is billed as the India Inc's most expensive yet, was held at Antilla.
The three-day wedding that will take place in Mumbai will see over 1,000 guests.
Competition Commission of India on Wednesday said it has approved the merger of the media assets of Reliance Industries and Walt Disney Co to create the country's largest media empire. The deal, announced six months ago, has been cleared by the CCI with certain modifications proposed by the two parties.
Bollywood's glamorous divas got another excuse to show off their fashion at the grand premiere of Zoya Akhtar's film, The Archies, held at the Nita Mukesh Ambani Cultural Centre in Mumbai.
Following the patch-up between the Ambani brothers last month, the annual general meeting of elder brother Mukesh-chaired Reliance Industries witnessed heightened excitement among shareholders.
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.
Days after Radhika Merchant and Anant Ambani's wedding, pictures of the celebrations continue to pour in.
The net worth of India's richest man, Mukesh Ambani, dropped 28 per cent, or USD 300 million a day for two months to USD 48 billion as on March 31 due to the massive correction in stock markets, a report said on Monday. The chairman and managing director of the diversified Reliance Industries saw his wealth decline by USD 19 billion (app Rs 144,400 crores) in the February-March period, taking his global ranking down eight places to 17th, the Hurun Global Rich List said.
Billionaire Mukesh Ambani has set targets for his three kids whom he has identified for takeover of telecom, retail and new energy business. Speaking at his father Dhirubhai's anniversary, celebrated as Reliance Family Day, he said the oil-to-telecom-to-retail conglomerate Reliance industries Ltd has embarked on a journey of comprehensive self-transformation. "The end of 2022 is when Reliance will have crossed the half-way mark of its Golden Decade.
The court held that though the gelatin sticks planted near Antilia, the Ambani residence, were not connected to a detonator, it was sufficient to create terror in the minds of people.
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.
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".
Mukesh said he inherited the passion from his late father Dhirubhai Ambani.
'The ownership controversy will be resolved to the satisfaction of shareholders and the country in the next few weeks,' a Reliance spokesperson said.
Sonam Kapoor and Isha Ambani partnered up for a fund-raiser recently. A star-studded event, the guests looked very glamorous as they sashayed in in their designer wear.
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.
The shares of the Mukesh and Anil Ambani group companies were on fire on Monday following the brothers burying their hatchet, with RIL gaining 2.58 per cent and Reliance-Power rallying 7.86 per cent.
The house has six stories of underground parking, three helicopter pads, and reportedly requires a staff of 600 to keep it running.
Security was beefed up on Monday outside industrialist Mukesh Ambani's south Mumbai residence after a taxi driver informed the police that two suspected passengers carrying bags with them had asked him about the location of 'Antilia', an official said.
The newly weds look so cute together.
Billionaire Mukesh Ambani's Reliance Industries Ltd is estimated to have earned 724 million euros (about Rs 6,850 crore) from exporting fuel made from Russian crude oil to the US in one year, an European think tank said in a report. "From January 2024 to the end of January 2025, the US imported EUR 2.8 billion of refined oil from six refineries in India and Turkey that process Russian crude.
After the Christian wedding in Goa, Aadar Jain and Alekha Advani got married in a Hindu ceremony in Mumbai on Friday.
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.
Reliance Jio accuses COAI of malafide intention.
Reliance Industries Holdings will now directly own stakes in Reliance Ports & Terminals, Reliance Gas and Transportation and Reliance Utilities and Power.
Kejriwal, whose group India Against Corruption, has won publicity in India by accusing ruling Congress party chief Sonia Gandhi's son-in-law Robert Vadra of taking part in shady dealings, said on Wednesday that Reliance has profited from cosy relationships with a string of government ministers.
Multiple residential units are being developed for housing senior executives of Reliance Anil Dhirubhai Ambani group at a plot in Pali Hill of Bandra.
The Shri Ram Janmabhoomi Teerth Kshetra Trust has sent invitations to 7,000 people, including 3,000 VVIPs, for the consecration.
The Maharashtra government has declared a day of mourning in the state on Thursday to pay tributes to industrialist Ratan Tata, the Chief Minister's Office said.
Industrialist and owner of the Mumbai Indians, Mukesh Ambani, was also seen at the Wankhede in Mumbai cheering his team.
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.
Anil's RCom straddles 2G, 3G; Mukesh has spectrum to operate in 4G.
The revised GSMA was signed pursuant to the Supreme Court's May 7 judgement, turning down RNRL's demand for cheap gas from RIL based on a family agreement.
Reliance Industries Chairman Mukesh Ambani has said that the company will use the polymer futures platform to hedge its risk because of price volatility in oil.
Sets up joint venture with D E Shaw.
