Mukesh Ambani

After 19 years, government favours Birla-Ambani report on education reforms

Critics feel that the education reforms under the current NDA government like fee hike in universities and depoliticisation of campuses are all recommendations of the Birla-Ambani report.

published on : 29th November 2019

Forbes names Mukesh Ambani as 9th richest person in the world

According to the Forbes 'The Real-Time Billionaires List', RIL Chairman's 'Real Time Net Worth' stood at USD 60.8 billion on Thursday.

published on : 29th November 2019

Reliance Industries denies reports of selling news media business to Times Group

Earlier, reports had stated that Bennett Coleman & Co, the publisher of the Times of India, is looking to hire advisers for due diligence on the news properties of Ambani's Network18 Media.

published on : 28th November 2019

Reliance Communications assets get 11 bids from Reliance Jio, Airtel and two others

Rcom is also learnt to have received bids from private equity firm Varde Partners and UV Asset Reconstruction Company.

published on : 25th November 2019

RIL market-cap inches closer to Rs 10 lakh crore mark

In August 2018, RIL became the first domestic firm to cross the Rs 8 lakh crore mark in terms of market valuation.

published on : 20th November 2019

Jio price hikes set to de-escalate three-year-long telecom price war 

Jio’s planned price hikes are set to ease the pressure on its savaged rivals, both of whom had announced that they would increase prices from December 1 due to 'acute financial stress.'

published on : 19th November 2019

Chinese banks drag Anil Ambani to London court over unpaid loan of  USD 680 million

'This is a straightforward debt claim to recover outstanding loans made to RCOM in good faith, and secured by a personal guarantee given by Anil Ambani,' the banks said in a statement.

published on : 9th November 2019

Mukesh Ambani says slowdown in India temporary, reforms undertaken to reverse trend

The government has taken a string of policy measures over the past couple of months to shore up the economy and revive credit.

published on : 29th October 2019

Mukesh Ambani to set up Alibaba like online shopping space worth Rs 1.7 lakh crore

Ambani has also been stitching together a network of partners through acquisitions and stake purchases to build a backbone for his e-commerce plans.

published on : 28th October 2019

Reliance Industries may be aiming listing of Jio post debt free status: Sources

Reliance Industries MD Mukesh Ambani has said that consolidation of liabilities in the company creates an efficient structure to manage debt and cash.

published on : 27th October 2019

Reliance to invest Rs 1.08 lakh crore in new digital services subsidiary

The unit will also acquire RIL's equity investment of Rs 65,000 crore in Jio so far, making it virtually net debt-free by March 31, 2020, with the exception of spectrum-related liabilities.

published on : 26th October 2019

Mukesh Ambani hosts star-studded Diwali bash

The lavish Diwali bash was hosted on Thursday for their friends, family and team Mumbai Indians.

published on : 25th October 2019

Jio slams Trai's IUC review as anti-poor; says move sabotages PM's Digital India vision

Trai's move to reopen the deadline for ending charges for terminating calls on rival networks beyond January 2020 had forced Jio to levy a 6 paisa per minute charge.

published on : 20th October 2019

All Jio services to be available in Hindi: Mukesh Ambani

In a video message at the inaugural session of the day-long Magnificent Madhya Pradesh Investors Summit 2019 in Indore, Ambani also announced the group’s plans for the central Indian state.

published on : 18th October 2019

Jio Q2 net profit jumps up by 45.4 per cent at Rs 990 crore

The operating revenue of the company increased by 33.7 per cent to Rs 12,354 crore during the reported quarter.

published on : 18th October 2019
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