The collective wealth of the 100 richest went past $1 trillion for the first time.
India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now. A drastic reduction in tariff protection, other elements of sarkari wet-nursing will force entrepreneurial India to become competitive again, argues Shekhar Gupta.
Reliance Industries chairman Mukesh Ambani will deliver a special address at the first-ever, high-level investment conference on Maharashtra to beheld in New York this month.
An inquiry is on into the land dispute regarding Mukesh Ambani's Antilla skyscraper.
He says he has tremendous expectations from RIL's broadband digital services business.
Mittal said his steel plants were getting gas at no less than $6 per million British thermal unit (mBtu), much lower than the $4.33 per mBtu price proposed by RIL.
The Mumbai police were on high alert after an X user @ffsfir wrote a post about the potential threat which reads like "My mind is wondering shamelessly that half the world would go upside down tomorrow after a bomb went off at the Ambani wedding. trillions of dollars in one pin code."
The board had approved a salary of Rs 38.75 crore for the RIL chairman
Earlier, Ambani had announced that RIL's telecom arm Jio will strive to make India free of 2G by migrating from feature phones to an affordable smartphone.
Mukesh Ambani makes close to Rs 1,000 every second for his flagship company Reliance Industries and, in turn, gets a reward of one per cent of this additional profit. The paycheck of Ambani India got fatter by over Rs 5 crore to Rs 30.46 crore.
Data is the new oil, and intelligent data is the new petrol, said Mukesh Ambani
The Shubh Ashirwad ceremony was organised by Nita and Mukesh Ambani, and the gathering saw a distinguished assembly of spiritual leaders.
It was difficult to set up a unified zone on the SEZ land.
It is only an attempt to sensationalise the issue, RIL director and Supreme Court advocate Y P Trivedi said.
This is required after Maharashtra de-notified 16,000 acres of land earmarked for the Maha Mumbai Special Economic Zone in Raigad district.
Reliance Industries will by 2030 create or enable capacity to generate at least 100 gigawatts of electricity from renewable sources, which can be converted into carbon-free green hydrogen, its chairman Mukesh Ambani said Friday as he outlined a 1-1-1 vision to bring down the cost of hydrogen to under $1 per 1 kg in 1 decade. The focus on generating electricity from renewable sources of energy such as solar and wind -will help cut carbon emissions in the world's third-largest greenhouse gas emitter. The same electricity, when converted into green hydrogen, can replace petrol and diesel in automobiles and other fuels in the industry, helping cut down on the use of fossil fuels, carbon emissions and reduce import dependence.
The grand Ambani wedding is being held at the Jio World Convention Centre.
'Look at the amazing combination of you coming from Punjab, me coming from Chennai, and we are making a Marathi film.'
Top ten billionaires in India.
If he bets big, billionaire Mukesh Ambani will emerge from this week's airwave auction armed with spectrum that could make his Reliance Industries Ltd a formidable rival to market leaders Bharti Airtel Ltd and Vodafone Group.
India and China would be manufacturing bases for end products, while the sector is expected to record $2.5 billion this year, according to Reliance Industries chairman and managing director, Mukesh Ambani.
As the WEF summit draws to a close on Saturday, a few big names from India including Mukesh Ambani and Anand Mahindra were missing in action while Pakistan Prime Minister Nawaz Sharif and Jordan's King Abdullah II were among global leaders who cancelled their trips at the last moment.
Serious technology challenges await Reliance.
Nadar and his family donated Rs 826 crore, while Azim Premji gave Rs 453 crore and Ambani parted with Rs 402 crore, according to the Edelgive Hurun India Philanthropy List 2019.
Life Insurance Corporation of India (LIC) has made the most of the stock market boom by reducing stakes in all its top conglomerates during the financial year 2023-2024 (FY24). However, even after reducing exposure, the value of its remaining stake has gone up substantially across all groups, according to data collated from stock exchange filings.
Reliance Industries chairman Mukesh Ambani's plan to build a helipad atop his residence in south Mumbai has met with opposition from the MCGM which has asked him to stop the construction work, a senior official said. The Municipal Corporation of Greater Mumbai (MCGM) has also asked him pay Rs 2.43 lakh for proceeding with the construction wihtout having obtained requisite permissions.
The two companies have approached banks to raise up to Rs 8,000 crore as debt to fund their expansion plans.
Mukesh Ambani, the new media mogul of country, has his strategy cut out. For the ETV bouquet of channels, the focus would be the general entertainment channels (GEC).
Reliance Industries Ltd's focus on the next hypergrowth opportunities in clean tech and its path to decarbonisation has the potential to spur re-rating, raises clarity on investment cycles and reduces investor worry, brokerages said. RIL chairman Mukesh Ambani at the company's 'Green AGM' on Thursday committed Rs 75,000 crore over the next three years to set up an integrated Green Energy Giga Complex across 5,000 acres in Jamnagar, Gujarat which will contain four giga factories. The complex, which would be one of the world's largest renewable manufacturing facilities, would have an integrated solar photovoltaic module factory, an energy storage battery factory, electrolyser manufacturing for hydrogen production, and manufacturing of fuel cells so that hydrogen can be used in transportation.
Prime Minister Narendra D Modi on Saturday blessed the newly wed couple Anant Ambani and Radhika Merchant after their wedding that was attended by global celebrities, business tycoons and politicians.
Billionaire Mukesh Ambani's Reliance Industries Ltd has spent $13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer facing verticals. Last week, Reliance bought oncology platform Karkinos Healthcare for Rs 375 crore, adding another stack to its diagnostic and digital healthcare ecosystem, Morgan Stanley said in a report.
Undaunted by criticism by a Parliamentary panel, the government cleared 28 fresh special economic zone proposals on Thursday, including the Navi Mumbai promoted by Reliance Industries Chairman Mukesh Ambani.
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.
Accompanied by a large entourage, including the kids, the couple reached Varanasi by a private plane in the afternoon.
Mukesh Ambani voluntarily capped his compensation at Rs 15 crore in October 2009 amid a debate over right-sizing of CEO salaries.
Mukesh Ambani, the country's richest man and chairman of Reliance Industries, is understood to have gifted his wife, Nita, a unique, customised, plush corporate jet, on her birthday which was on November 1.
Days after a CAG draft report said his firm got out of turn favours from the oil ministry and its technical arm DGH, Reliance Industries chairman Mukesh Ambani on Friday met Prime Minister Manmohan Singh.
Radhika Merchant and Anant Ambani's haldi ceremony on July 8 saw glamorous film folk make pretty pictures once again after the sangeet.
Its trajectory in telecom is well known but now it is pushing for a similar leap into the ranks of the top players in its other businesses: media and entertainment, e-commerce, a series of online businesses ranging from health to education, and retail.
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