News for 'mukesh-ambani'

Mukesh Ambani a new media giant?

Mukesh Ambani a new media giant?

Rediff.com4 Jan 2012

ETV's bouquet consists of 11 regional channels and one Telugu news channel ETV2.

Let mom decide: Mukesh Ambani

Let mom decide: Mukesh Ambani

Rediff.com11 Dec 2004

Mukesh Ambani has left 'all settlement issues' to her. A spokesperson said on Saturday night that Mukesh would abide by whatever decision she takes.

Ambanis Rejoice!

Ambanis Rejoice!

Rediff.com25 May 2023

It was delight for owner Nita Ambani and elder son Akash Ambani as five-time champions Mumbai Indians demolished Lucknow Super Giants in the IPL Eliminator match.

Consecration at 12.20 pm on Jan 22, no darshan on 20-21

Consecration at 12.20 pm on Jan 22, no darshan on 20-21

Rediff.com16 Jan 2024

General secretary of Shri Ram Janmabhoomi Teerth Kshetra Champat Rai on Monday announced that the idol of Lord Ram will be placed at its position at the 'garbh griha' of the temple on January 18 and Pran Pratishtha will take place at 12.20 pm on January 22.

Jio Fin to be excluded from NSE from Sep 7

Jio Fin to be excluded from NSE from Sep 7

Rediff.com5 Sep 2023

Jio Financial Services Limited, the demerged financial services unit of Reliance Industries, will be excluded from various indices of NSE, including the benchmark Nifty 50, from September 7. Shares of Jio Financial got listed on the stock exchanges on August 21, after its spin-off from parent Reliance Industries. In accordance with the index methodology, as JIOFIN has not hit price band on two consecutive trading days on September 4 and 5 at NSE, the Index Maintenance Sub Committee (Equity) of NSE Indices Ltd has decided to exclude JIOFIN from various indices effective from September 7, 2023 (close of September 6, 2023), as per a statement by NSE Indices Ltd on Tuesday.

RIL's 'Paramount' dream to be a media giant

RIL's 'Paramount' dream to be a media giant

Rediff.com14 Mar 2024

Paramount Global has agreed to sell its 13 per cent stake in its Indian TV business to Reliance Industries for Rs 4,286 crore, the Indian firm said on Thursday. In a stock exchange filing, Reliance said it has signed a binding agreement with two subsidiaries of Paramount Global to acquire 13.01 per cent equity stake of Viacom 18 Media Private Limited held by Paramount Global. Similarly, in a filing on the US Securities and Exchange Commission (SEC), Paramount Global said the closing of the transaction is subject to the satisfaction of certain customary conditions, including receipt of applicable regulatory approvals, as well as the completion of a previously announced joint venture involving Reliance, Viacom18 and Star Disney.

Advani, Joshi Asked Not To Attend Ram Temple Consecration

Advani, Joshi Asked Not To Attend Ram Temple Consecration

Rediff.com19 Dec 2023

Advani and Dr Joshi might not attend the consecration ceremony due to health and age-related reasons. Advani is 96 and Dr Joshi will turn 90 next month.

Modi sworn in as PM for 3rd time; 42 ministers from OBC, SC/STs

Modi sworn in as PM for 3rd time; 42 ministers from OBC, SC/STs

Rediff.com10 Jun 2024

Along with Modi, senior BJP leaders including Rajnath Singh, Amit Shah, Nitin Gadkari, Nirmala Sitharaman and S Jaishankar, all ministers in Modi 2.0 Cabinet, took oath as cabinet ministers at the Rashtrapati Bhavan. In all, 71 ministers were sworn-in along with Modi, taking the strength of the Union council to 72.

When Kajol-Nysa Couldn't Stop Laughing!

When Kajol-Nysa Couldn't Stop Laughing!

Rediff.com4 Apr 2023

Kajol and her daughter Nysa made a stunning appearance at the grand opening of the Nita Mukesh Ambani Cultural Centre in Mumbai.

'Now May Be The Time To Go All In'

'Now May Be The Time To Go All In'

Rediff.com21 May 2024

'For experienced and risk-taking investors, now may be the time to go all in.' 'By 'experienced and risk-taking', I refer to those who remained net buyers in equities during the early stages of the 2020 pandemic.' 'On the other hand, those who exited the markets during the pandemic may go the SIP way.'

Tendulkar, Kohli, Big B, Ambani, Adani among 7K invited for Ram temple opening

Tendulkar, Kohli, Big B, Ambani, Adani among 7K invited for Ram temple opening

Rediff.com6 Dec 2023

The Shri Ram Janmabhoomi Teerth Kshetra Trust has sent invitations to 7,000 people, including 3,000 VVIPs, for the consecration.

How Mukesh Ambani turned around Reliance Retail

How Mukesh Ambani turned around Reliance Retail

Rediff.com21 Apr 2014

Scale and frugal costing help the giant.

Anant Ambani to wed Radhika Merchant

Anant Ambani to wed Radhika Merchant

Rediff.com29 Dec 2022

Anant Ambani, the youngest son of billionaire Mukesh Ambani, will wed Radhika Merchant, daughter of industrialist Viren Merchant, the family announced on Thursday. The 'roka' or engagement ceremony of Radhika, daughter of Shaila and Viren Merchant, and Anant was performed at the Shrinathji Temple at Nathdwara in Rajasthan on Thursday in the presence of family members and friends. A statement issued by the family said the young couple after the engagement spent the day at the temple seeking Lord Shrinathji's blessings for their upcoming union.

SC directs to provide Z-plus security to Ambanis in India, abroad

SC directs to provide Z-plus security to Ambanis in India, abroad

Rediff.com1 Mar 2023

A bench of Justices Krishna Murari and Ahsanuddin Amanullah said on Monday it was of considered opinion that if there is a security threat, the security cover cannot be restricted to a particular area or place of stay.

RIL pushes production timeline for battery packs by a year to 2024

RIL pushes production timeline for battery packs by a year to 2024

Rediff.com9 Aug 2023

Reliance Industries (RIL) has reset its battery pack production timeline, shifting it from 2023 earlier to 2024, details shared in the oil-to-telecom conglomerate's latest annual report suggest. In the FY23 annual report released on Sunday, the company has listed the start of battery pack production in 2024. A year ago, at the company's annual general meeting (AGM), Mukesh Ambani, chairman and managing director of RIL, had said, "We aim to start production of battery packs by 2023 and scale up to a fully integrated 5 GWh annual cell-to-pack manufacturing facility by 2024."

Mukesh Ambani outlines RIL's growth plan

Mukesh Ambani outlines RIL's growth plan

Rediff.com17 Nov 2009

"Reliance continues to accrue oil and gas properties overseas. These overseas oil and gas initiatives would reinforce the domestic effort. It will also bring a better balance between domestic and international operations as well as between onshore and offshore properties," RIL's chairman and managing director, Mukesh Ambani, told shareholders at the company's 35th annual general meeting in Mumbai.

Tara, Fatima Watch The Sound of Music

Tara, Fatima Watch The Sound of Music

Rediff.com4 May 2023

Stars arrived at the premiere of The Sound Of Music, the first ever international Broadway musical in India, at the newly-launched Nita Mukesh Ambani Cultural Centre in Mumbai.

Adani Lost Rs 3,000 Crore A Week In 2023

Adani Lost Rs 3,000 Crore A Week In 2023

Rediff.com31 Mar 2023

The combined market-cap of all listed Adani group firms has plunged nearly Rs 7.11 trillion since January 24 when the Hindenburg report was made public.

Reliance jumps 16 places, now at number 88 on Fortune Global 500 list

Reliance jumps 16 places, now at number 88 on Fortune Global 500 list

Rediff.com2 Aug 2023

Billionaire Mukesh Ambani's Reliance Industries has maintained its highest ranking among Indian corporates in the latest Fortune Global 500 list, jumping 16 places to rank at number 88. Reliance was ranked at number 104 in the 2022 ranking and in the 2023 ranking it is placed at number 88, according to the publication. The company has gained a whopping 67 places in the last two years from number 155 in 2021.

Man held in Bihar for threat to Ambani's family

Man held in Bihar for threat to Ambani's family

Rediff.com6 Oct 2022

The Mumbai police has apprehended a man from Bihar in connection with anonymous calls threatening to target industrialist Mukesh Ambani and his family, an official said on Thursday.

When Ambani, Shinde Performed Ganesh Aarti

When Ambani, Shinde Performed Ganesh Aarti

Rediff.com21 Sep 2023

What some of our leaders were up to on Wednesday, September 20, 2023.

Shiv Nadar most generous Indian for second year in a row

Shiv Nadar most generous Indian for second year in a row

Rediff.com2 Nov 2023

IT major HCL Technologies' Shiv Nadar has retained his position as the 'most generous Indian' in 2023 as well, with a 76 per cent jump in his donations at Rs 2,042 crore. Wipro's Azim Premji's donations zoomed by 267 per cent to Rs 1,774 crore during the same year, according to the Edelgive Hurun India Philanthropy List 2023 released on Thursday. Richest Indian Mukesh Ambani donated Rs 376 crore in the year, which is an 8 per cent decline.

Bollywood's Best Candid Moments of 2023

Bollywood's Best Candid Moments of 2023

Rediff.com19 Dec 2023

Hitesh Harisinghani/Rediff.com captures some beautiful moments from the many events of 2023, when the stars weren't looking.

HPCL, BPCL, IOCL: Here's why Morgan Stanley thinks OMC stocks can flare up

HPCL, BPCL, IOCL: Here's why Morgan Stanley thinks OMC stocks can flare up

Rediff.com14 Feb 2024

Stocks of Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation Limited (IOCL) have more headroom left despite the sharp run in the last few weeks, suggests a recent report from Morgan Stanley. Stocks of these oil refining and marketing companies (OMCs), it believes, are seeing multiples re-rate as investors reassess long-term growth prospects. "IOCL trades at one year forward P/BV of 1.2x, 19 per cent below +1 standard deviation (SD); BPCL trades at one year forward P/BV of 1.5x, near historical averages; HPCL trades at one year forward P/BV of 1.5x, near +1SD," Morgan Stanley said.

SC allows Centre to provide security for Ambanis, quashes case in Tripura HC

SC allows Centre to provide security for Ambanis, quashes case in Tripura HC

Rediff.com22 Jul 2022

The Supreme Court on Friday allowed the Centre to continue with the security cover for industrialist Mukesh Ambani and his family members in Mumbai.

Mukesh Ambani, the first Indian trillionaire

Mukesh Ambani, the first Indian trillionaire

Rediff.com25 Sep 2007

Telecom major Bharti Airtel's Sunil Mittal is seen moving toward joining this super-elite club with a net worth of about Rs 91,500 crore (Rs 915 billion). Wipro's Azim Premji, is at fifth place with a net worth of about Rs 50,600 crore (Rs 506 bn).

Jio GigaFiber, the next disruptor from Mukesh Ambani's stable

Jio GigaFiber, the next disruptor from Mukesh Ambani's stable

Rediff.com17 Jul 2018

While existing players are expected to first drop prices, acquisition of smaller firms by larger ones is likely in future

Reliance Brands in advanced talks to acquire Sephora's India rights

Reliance Brands in advanced talks to acquire Sephora's India rights

Rediff.com22 Sep 2022

Reliance Brands is in advance stage of talks to take over the India rights for premium makeup and beauty retail chain Sephora, from Arvind Fashions, according to two persons in the know. The Mukesh Ambani-led retail company is already in talks with developers to lease out stores for Sephora, said one of the above mentioned sources. While Reliance Brands was yet to answer Business Standard's query, an Arvind Fashions spokeperson, in an e-mailed response, said: "As per company policy, we do not comment on market rumours and speculation."

Reliance Takes Another Bite At Dairy

Reliance Takes Another Bite At Dairy

Rediff.com18 Apr 2023

This is the Mukesh Ambani-led company's second entry into the dairy segment and it will directly compete with Amul and Mother Dairy.

Jio Fin's removal from BSE postponed to Aug 29

Jio Fin's removal from BSE postponed to Aug 29

Rediff.com22 Aug 2023

Leading stock exchange BSE on Tuesday postponed the removal of Jio Financial Services Ltd, the demerged non-banking financial services unit of Mukesh Ambani-led Reliance group, from all the S&P BSE Indices to August 29. Earlier, the stock was scheduled to be removed from the indices on August 24. Jio Financial Services Ltd (JFSL) got listed on the bourses on Monday and hit the lower circuit for the second day in a row on Tuesday.

Brokerages raise targets on RIL stock post Q4

Brokerages raise targets on RIL stock post Q4

Rediff.com1 May 2024

Shares of Mukesh Ambani-owned Reliance Industries Limited (RIL) rose nearly 1 per cent on Tuesday, hitting an intraday high of Rs 2,986.05 per share, after most brokerages reacted positively to the company's March quarter (Q4FY24) results. The bullish outlook stems from Reliance Jio's potential tariff hikes, given the competitive landscape, along with slow but steady improvement in the oil-to-chemical (O2C) vertical.

Mukesh Ambani: The Mogul of Mumbai

Mukesh Ambani: The Mogul of Mumbai

Rediff.com2 May 2006

RIL-Disney 'game-changing' deal gets a thumbs-up from analysts

RIL-Disney 'game-changing' deal gets a thumbs-up from analysts

Rediff.com8 Mar 2024

Analysts have given a thumbs up to the Reliance Industries (RIL) and Walt Disney Co. (Disney) proposed a joint venture (JV). The stock of the Mukesh Ambani-controlled company gained nearly 1.5 per cent on Thursday to Rs 2,952 levels as compared to the S&P BSE Sensex that traded marginally weak, down 0.2 per cent to 72,172 levels in intra-day trades.

RIL seeks postal ballot for Ambani third-gen's board appointment

RIL seeks postal ballot for Ambani third-gen's board appointment

Rediff.com26 Sep 2023

Oil to telecom conglomerate Reliance Industries (RIL) has initiated the process to seek shareholders' approval for the appointment of the third generation of the Ambani family on the company's board. The remote voting through postal ballot will start from September 27 onwards. In a separate note, CreditSights said a trust and hold-co model could be a possibility for the anticipated succession at RIL.

The Dancer In The Ambani Family

The Dancer In The Ambani Family

Rediff.com7 Jun 2022

Why Nita and Mukesh Ambani hosted Radhika Merchant's arangetram.

Ambani pips Adani to become richest Indian on Hurun list

Ambani pips Adani to become richest Indian on Hurun list

Rediff.com10 Oct 2023

Mukesh Ambani has raced ahead of Gautam Adani to become the richest Indian on a list of wealthiest people in the country. The 66-year-old chairman of the diversified Reliance Industries saw his wealth growing by a marginal 2 per cent to Rs 8.08 lakh crore, while Adani's fortune plummeted by 57 per cent to Rs 4.74 lakh crore, as per the 360 ONE Wealth Hurun India Rich List 2023. Anas Rahman Junaid, managing director and chief researcher at Hurun, attributed the decline in Adani's wealth to the Hindenburg report published in January. In January,

RIL's new energy business piques analysts' interest

RIL's new energy business piques analysts' interest

Rediff.com18 Dec 2023

For the company's latest energy initiative to expand its green energy and storage portfolio, some analysts are beginning to suggest a closer look at some of its segments. In his address to shareholders in the company's FY22 annual report, billionaire Mukesh Ambani, chairman and managing director of the company, said: "The green energy value holds great promise to outshine all our existing growth engines in just 5-7 years." The company has marked an investment of Rs 75,000 crore towards its new energy plans, which include solar energy value chain, green hydrogen, energy storage and other similar businesses.

Ram temple invitation cards to be hand-delivered to guests

Ram temple invitation cards to be hand-delivered to guests

Rediff.com8 Jan 2024

Besides, various representatives of the Shri Ram Janmabhoomi Teerth Kshetra, members of the Rashtriya Swayamsevak Sangh, Vishwa Hindu Parishad and their allies are also aiding in hand-delivering the invitations.

Her Highness Aditi Rao Hydari Is Here

Her Highness Aditi Rao Hydari Is Here

Rediff.com27 Jul 2023

When Elegance came calling.

Reliance joins India's Olympic body as principal partner

Reliance joins India's Olympic body as principal partner

Rediff.com28 Jul 2022

Mukesh Ambani, will become the IOA's principal partner and help the country's sports federations