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‘Reliance’s affidavit in Punjab & Haryana HC full of false claims’: Farmers’ body
By Press Trust of India | Posted by Ayshee Bhaduri | Chandigarh
PUBLISHED ON JAN 04, 2021 08:43 PM IST
The All-India Kisan Sangharsh Coordination Committee (AIKSCC), representing 250 farmers’ organisations in the country, said the affidavit given by Reliance Industries in the court is simply a “ploy to serve its business interests”
Farm law protests: Its towers vandalised in Punjab, Reliance says will move high court today
By hindustantimes.com | Edited by Karan Manral | Hindustan Times, New Delhi
UPDATED ON JAN 04, 2021 11:35 AM IST
The Mukesh Ambani-owned Reliance Industries Limited (RIL) also accused “vested interests” of instigating the vandals.
Reliance says it has nothing to do with farm laws
By Press Trust of India | Posted by Prashasti Singh | New Delhi
UPDATED ON JAN 04, 2021 11:19 AM IST
Reliance said it “has nothing whatsoever to do with the three farm laws currently debated in the country, and in no way benefits from them.”
Industry ramps up supply chain for 5G launch in 2021
By Ishita Guha and Prasid Banerjee | Livemint
PUBLISHED ON JAN 04, 2021 04:29 AM IST
Experts said stressed financials of Bharti Airtel Ltd and Vodafone Idea Ltd (Vi) could discourage them to participate in the 5G launch, especially in view of the costs involving fiberization and the pricing of spectrum.
Mukesh Ambani ordered to pay $2 million fine by Indian regulator
By Bloomberg | Posted by Arpan Rai
PUBLISHED ON JAN 02, 2021 02:38 PM IST
Reliance Industries needs to pay 250 million rupees and Ambani, the chairman, is liable for the alleged manipulative trading, Sebi said.
Sebi fines RIL, Mukesh Ambani
By Kalpana Pathak | Livemint
UPDATED ON JAN 02, 2021 04:08 AM IST
The case pertains to a Sebi order, dated 24 March, 2017, claiming fraudulent trading in the futures and options (F&O) segment of the securities of RPL which was merged with the former in 2009.
Zhong Shanshan dethrones Ambani as Asia’s richest
By Bloomberg| Posted by Mallika Soni
UPDATED ON DEC 31, 2020 01:45 PM IST
Zhong, 66, isn’t involved in politics and his business interests aren’t entwined with other rich families such as the property tycoons, which is why he’s known locally as the “Lone Wolf.”
Five companies will end 2020 with ₹5 lakh crore market cap
By Nasrin Sultana and Ravindra Sonavane | Livemint, Mumbai
PUBLISHED ON DEC 26, 2020 03:19 AM IST
Hindustan Unilever Ltd and Infosys Ltd entered the ₹5 lakh crore market capitalisation club this year, joining Reliance Industries Ltd, Tata Consultancy Services Ltd and HDFC Bank Ltd.
In India’s retail, a battle of the billionaires
By Livemint | Livemint, New Delhi
UPDATED ON DEC 23, 2020 04:54 AM IST
The battle for dominance in one of the fastest-growing major retail markets is being fought on the ground in India and the courts in Singapore and New Delhi.
Spectrum for 4G to be auctioned off in March
By Ishita Guha | Mint, New Delhi
UPDATED ON DEC 17, 2020 12:45 AM IST
Govt to auction Rs3.9 lakh crore worth of airwaves across seven spectrum bands
Billionaire Mukesh Ambani inspired me, says Mark Zuckerberg. Explains why
By Bloomberg | Posted by Arpan Rai
PUBLISHED ON DEC 15, 2020 06:55 PM IST
Zuckerberg in an online event mentioned Dhirubhai Ambani, Reliance’s late founder, who he said had envisioned phone calls in India as cheap as postcards, priced at less than a cent then. His son Mukesh Ambani’s ability to make that wish come true has inspired him, Zuckerberg said.
India will grow to be among top 3 economies in 2 decades: Mukesh Ambani
By Press Trust of India | Posted by Prashasti Singh | New Delhi
UPDATED ON DEC 15, 2020 01:24 PM IST
At a fireside chat with Facebook head Mark Zuckerberg, he said India’s middle-class, which is about 50 per cent of the nation’s total number of households, will grow three to four per cent per year.
Gautam Adani: Billionaire survivor of ransom, terror attacks, now rivals Ambani
By Bloomberg
UPDATED ON DEC 14, 2020 01:07 PM IST
While the coronavirus outbreak sank the nation into an unprecedented recession this year, Adani’s group has kept growing. His conglomerate secured global partners, investments and pushed into new sectors.
Key farmer leader favours talks, says ‘goalposts shifted’
By Zia Haq | Hindustan Times, New Delhi
UPDATED ON DEC 14, 2020 04:34 AM IST
Yogendra Yadav, a member of the AIKSCC, said the organisation did not agree with Sardar VM Singh as other leaders too dissociated themselves from him.
Mukesh Ambani becomes grandfather as Shloka, Akash Ambani welcome baby boy
By Press Trust of India | Posted by Shivani Kumar | New Delhi, Delhi
UPDATED ON DEC 10, 2020 06:14 PM IST
“Shloka and Akash Ambani became proud parents of a baby boy today in Mumbai,” a statement from the Ambani family spokesperson said.
Amazon eyes potential $100 million investment in Apollo Pharmacy
By Reuters | Posted by Ayshee Bhaduri | Bengaluru
UPDATED ON DEC 09, 2020 01:01 PM IST
Amazon already delivers medicines in India and the potential investment would come amid rising competition from Mukesh Ambani’s Reliance, which bought a majority stake in online pharmacy Netmeds
Mukesh Ambani, Sunil Mittal differ on 5G rollout timeline
By Ishita Guha | Livemint, New Delhi
UPDATED ON DEC 09, 2020 04:45 AM IST
Ambani, who controls India’s largest telecom service provider Reliance Jio Infocomm Ltd, said his company is ready to offer fifth-generation wireless service by the second half of 2021.
India specific 5G standard a threat, can hamper innovation: Airtel CEO
By Press Trust of India | Posted by Nilavro Ghosh | New Delhi
PUBLISHED ON DEC 08, 2020 02:49 PM IST
The statement from Vittal followed a speech by RIL Chairman Mukesh Ambani at the event, where he mentioned that Jio’s 5G network “will be powered by indigenous-developed network, hardware and technology components”.
Indian economy will bounce back, steps needed to accelerate early rollout of 5G: Mukesh Ambani
By Asian News International| Posted by Susmita Pakrasi | New Delhi
PUBLISHED ON DEC 08, 2020 12:25 PM IST
Emphasising on internet usage in 2020 further, the RIL chairman said that digital technology has evolved into a platform of unlimited enablement and empowerment from being a means of limited engagement and entertainment.
Jeff Bezos, Mukesh Ambani and the battle for India’s retail supremacy
By Reuters | Posted by Shankhyaneel Sarkar | Bengaluru
UPDATED ON NOV 28, 2020 09:58 PM IST
Accusations of insider trading and contractual breaches, as well as nationalistic cries to keep the US giant at bay, mark the high-stakes fight, which has snowballed from what began as a dispute between Amazon and Future.
Mukesh Ambani’s residence Antilia: Inside India’s richest man’s opulent Rs 15,000 crore Mumbai home
By Alfea Jamal | Hindustan Times, Delhi
UPDATED ON DEC 11, 2020 06:56 PM IST
India’s richest man and Reliance Industries’ chairman Mukesh Ambani’s Mumbai home, Antilia is one of the most valuable private residential properties in the world. Here are pictures and videos that take you inside the larger-than-life Ambani residence.
‘Big Brother’ Amazon targeted in fight with Ambani over retailer
By Bloomberg | Posted by Kanishka Sarkar
PUBLISHED ON NOV 25, 2020 01:45 PM IST
The stakes are high for both Amazon and Reliance. Securing Future’s assets will give Reliance, already India’s biggest retailer, an unparalleled edge in a market where most of the consumers still prefer shopping in stores. That’s an advantage Amazon is not willing to cede.
India enters crucial phase in fight against Covid-19; can’t let guard down at this juncture: Mukesh Ambani
By Press Trust of India| Posted by Susmita Pakrasi | Gandhinagar
UPDATED ON NOV 21, 2020 12:02 PM IST
The remarks come amid growing number of Covid-19 cases in certain pockets of the country, which has led authorities to re-introduce restrictions on movements like in the case of Ahmedabad and also mull restricting travel to cities like the national capital.
Mukesh Ambani’s Reliance acquires 96% stake in Urban Ladder for Rs 182 crore
By Press Trust of India | Posted by Deepali Sharma | New Delhi
UPDATED ON NOV 15, 2020 06:30 PM IST
Reliance has also proposed to make a further investment of up to Rs 75 crore in Urban Ladder, the group said in a statement. “The further investment is expected to be completed by December 2023,” the statement further noted.
Amazon accuses Future of insider trading as it seeks to block Reliance deal
By Reuters | Posted by Deepali Sharma | New Delhi
UPDATED ON NOV 11, 2020 06:19 PM IST
The US giant has been pressing SEBI to review Reliance’s August deal to buy retail, logistics and other assets from Future Group for $3.4 billion including debt.
Wipro’s Azim Premji emerges as most generous Indian in FY20
By Press Trust of India | Mumbai
PUBLISHED ON NOV 11, 2020 05:01 PM IST
Richest Indian Mukesh Ambani of Reliance Industries retained the third spot among the list of givers by donating Rs 458 crore as against Rs 402 crore a year ago, a report said.
Jeff Bezos, Mukesh Ambani in battle over Future Group
By Bloomberg | Posted by Karan Manral
UPDATED ON NOV 03, 2020 01:35 PM IST
Jeff Bezos-led Amazon Inc is trying to block Mukesh Ambani-led Reliance Industries’ $3.4 billion acquisition of India’s debt-laden local retailer Future Group. While Bezos is the world’s wealthiest person, Ambani occupies the sixth spot.
Mukesh Ambani loses $5 billion as oil sinks Reliance shares
By Bloomberg | Posted by Kanishka Sarkar
UPDATED ON NOV 02, 2020 02:07 PM IST
Reliance’s oil refining unit has suffered a plunge in demand for transportation fuels, with Covid-19 forcing people to stay home. The conglomerate is in the midst of a transformation led by Ambani, 63, as he looks to turn the oil-and-petrochemicals giant into a technology and digital services company.
SC rejects PIL seeking to withdraw Mukesh Ambani, family’s Z+ security
By Asian News International | Posted by Mallika Soni | New Delhi
PUBLISHED ON NOV 01, 2020 11:11 AM IST
“It is for the State to assess and review the threat perception of individuals on a case to case basis,” SC said in its order.
Reliance Industries Ltd’s Q2 result gets a fillip from Jio, retail arm
By Ishita Guha and Tanya Thomas | Mint, New Delhi/Mumbai
PUBLISHED ON OCT 31, 2020 06:07 AM IST
Reliance Industries posted a consolidated net profit of Rs9,567 crore in the September quarter