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Thousands of farmers, mainly from Punjab, Haryana and western Uttar Pradesh, are protesting at Delhi borders for over a month against the Centre’s three laws(PTI)

‘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”
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FILE PHOTO: Mukesh Ambani, chairman of Reliance Industries Limited (RIL). REUTERS/Shailesh Andrade
FILE PHOTO: Mukesh Ambani, chairman of Reliance Industries Limited (RIL). REUTERS/Shailesh Andrade

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.
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In a statement, billionaire Mukesh Ambani’s firm said its subsidiary Reliance Jio Infocomm Limited (RJIL) has filed a petition in the Punjab and Haryana High Court seeking “the urgent intervention of government authorities to bring a complete stop to the illegal acts of vandalism (of telecom towers) by miscreants.”(REUTERS)
In a statement, billionaire Mukesh Ambani’s firm said its subsidiary Reliance Jio Infocomm Limited (RJIL) has filed a petition in the Punjab and Haryana High Court seeking “the urgent intervention of government authorities to bring a complete stop to the illegal acts of vandalism (of telecom towers) by miscreants.”(REUTERS)

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.”
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Representational photo
Representational photo

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.
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Mukesh Ambani, chairman of Reliance Industries Limited, poses for photographers before addressing the annual shareholders meeting in Mumbai, India.(REUTERS)
Mukesh Ambani, chairman of Reliance Industries Limited, poses for photographers before addressing the annual shareholders meeting in Mumbai, India.(REUTERS)

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.
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Mukesh Ambani, chairman of Reliance Industries Limited.(Reuters/ File photo)
Mukesh Ambani, chairman of Reliance Industries Limited.(Reuters/ File photo)

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.
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Nicknamed “Lone Wolf” for his eschewing of politics and clubby business groups, Zhong’s fortune has jumped $51.9 billion in 2020, more than anyone else in the world except Bezos and Musk(Image via Twitter)
Nicknamed “Lone Wolf” for his eschewing of politics and clubby business groups, Zhong’s fortune has jumped $51.9 billion in 2020, more than anyone else in the world except Bezos and Musk(Image via Twitter)

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.”
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Billionaire Mukesh Ambani’s Reliance Industries is the most valuable company with a market value of ₹12.64 lakh crore, followed by Tata Consultancy at ₹10.91 lakh crore.(REUTERS)
Billionaire Mukesh Ambani’s Reliance Industries is the most valuable company with a market value of ₹12.64 lakh crore, followed by Tata Consultancy at ₹10.91 lakh crore.(REUTERS)

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.
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Jeff Bezos, president and CEO of Amazon, and Mukesh Ambani, Chairman and Managing Director of Reliance Industries, are seen in this combination photo.(REUTERS)
Jeff Bezos, president and CEO of Amazon, and Mukesh Ambani, Chairman and Managing Director of Reliance Industries, are seen in this combination photo.(REUTERS)

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.
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Spectrum in the 3300-3600MHz bands, recommended by the telecom regulator for fifth-generation (5G) networks, have not been included in the proposed auction.(Priyanka Parashar/ HT File Photo)
Spectrum in the 3300-3600MHz bands, recommended by the telecom regulator for fifth-generation (5G) networks, have not been included in the proposed auction.(Priyanka Parashar/ HT File Photo)

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
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Mukesh Ambani, chairman of Reliance Industries, speaks during the Vibrant Gujarat Global Investors' Summit 2011 (VGGIS) at Gandhinagar in Gujarat.(REUTERS)
Mukesh Ambani, chairman of Reliance Industries, speaks during the Vibrant Gujarat Global Investors' Summit 2011 (VGGIS) at Gandhinagar in Gujarat.(REUTERS)

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.
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“And our per capita income will go from USD 1,800-2,000 per capita to USD 5,000 per capita,” Mukesh Ambani said.(Reuters image)
“And our per capita income will go from USD 1,800-2,000 per capita to USD 5,000 per capita,” Mukesh Ambani said.(Reuters image)

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.
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With a fortune valued at $32.4 billion, Adani is India’s wealthiest person after Mukesh Ambani, who has dominated news headlines for partnering with some of the major names of Silicon Valley.(Reuters file photo)
With a fortune valued at $32.4 billion, Adani is India’s wealthiest person after Mukesh Ambani, who has dominated news headlines for partnering with some of the major names of Silicon Valley.(Reuters file photo)

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.
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Farmer leader Sardar VM Singh along with Yogendra Yadav, founding member of Swaraj Abhiyan and Jai Kisan Andolan during a press conference on new farm bills 2020, at Press Club in New Delhi.(Raj K Raj/HT FILE PHOTO)
Farmer leader Sardar VM Singh along with Yogendra Yadav, founding member of Swaraj Abhiyan and Jai Kisan Andolan during a press conference on new farm bills 2020, at Press Club in New Delhi.(Raj K Raj/HT FILE PHOTO)

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.
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Akash and Shloka Ambani.(HT file photo)
Akash and Shloka Ambani.(HT file photo)

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.
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Amazon.com Inc is considering a nearly $100 million investment in India’s pharmacy chain Apollo Pharmacy(REUTERS)
Amazon.com Inc is considering a nearly $100 million investment in India’s pharmacy chain Apollo Pharmacy(REUTERS)

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
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Ambani said India requires policy developments for early rollout of 5G services and added that Reliance Jio has built an indigenous 5G solution and will lead the rollout in India.(Reuters file photo)
Ambani said India requires policy developments for early rollout of 5G services and added that Reliance Jio has built an indigenous 5G solution and will lead the rollout in India.(Reuters file photo)

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.
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Vittal said India should have an open ecosystem. He cited examples of CDMA and GSM to push his case.(Ramesh Pathania)
Vittal said India should have an open ecosystem. He cited examples of CDMA and GSM to push his case.(Ramesh Pathania)

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”.
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Mukesh Ambani said that India will welcome the new decade with supreme confidence under the leadership of Prime Minister Narendra Modi.(REUTERS)
Mukesh Ambani said that India will welcome the new decade with supreme confidence under the leadership of Prime Minister Narendra Modi.(REUTERS)

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.
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A woman shops inside the Big Bazaar retail store in Mumbai.(REUTERS)
A woman shops inside the Big Bazaar retail store in Mumbai.(REUTERS)

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.
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Mukesh Ambani and Nita Ambani and a sneak peak of their Mumbai home, Antilia(Instagram)
Mukesh Ambani and Nita Ambani and a sneak peak of their Mumbai home, Antilia(Instagram)

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.
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The legal spat has not only revealed the intensity of the fight between two of the world’s richest men -- Jeff Bezos and Ambani.(Reuters File Photo)
The legal spat has not only revealed the intensity of the fight between two of the world’s richest men -- Jeff Bezos and Ambani.(Reuters File Photo)

‘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.
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Mukesh Ambani said the bold reforms undertaken by the government will lead to swift recovery and rapid progress in the years to come.(REUTERS)
Mukesh Ambani said the bold reforms undertaken by the government will lead to swift recovery and rapid progress in the years to come.(REUTERS)

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.
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Reliance Retail Ltd, a subsidiary of RRVL, operates India’s largest, fast-growing retail business witnessing close to 640 million footfalls at its 12,000 stores across India.(Reuter s file photo)
Reliance Retail Ltd, a subsidiary of RRVL, operates India’s largest, fast-growing retail business witnessing close to 640 million footfalls at its 12,000 stores across India.(Reuter s file photo)

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.
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Amazon argues it had a 2019 agreement with Future which prevented the Indian group’s retail assets from being sold to certain parties including Reliance Industries Ltd, which is led by Asia’s richest man, Mukesh Ambani.(Reuters file photo)
Amazon argues it had a 2019 agreement with Future which prevented the Indian group’s retail assets from being sold to certain parties including Reliance Industries Ltd, which is led by Asia’s richest man, Mukesh Ambani.(Reuters file photo)

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.
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Azim Premji Endowment Fund owns 13.6 per cent of the promoter’s shareholding in Wipro(REUTERS)
Azim Premji Endowment Fund owns 13.6 per cent of the promoter’s shareholding in Wipro(REUTERS)

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.
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World’s wealthiest person and Amazon founder-CEO Jeff Bezos (REUTERS/Lindsey Wasson/File Photo)
World’s wealthiest person and Amazon founder-CEO Jeff Bezos (REUTERS/Lindsey Wasson/File Photo)

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.
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The slip in earnings backs Mukesh Ambani’s strategy and highlights the increasing need for Reliance to reduce its dependence on the energy sector(AP Photo)
The slip in earnings backs Mukesh Ambani’s strategy and highlights the increasing need for Reliance to reduce its dependence on the energy sector(AP Photo)

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.
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Reliance Industries Chairman Mukesh Ambani, his wife Nita Ambani and son Anant Ambani.(PTI)
Reliance Industries Chairman Mukesh Ambani, his wife Nita Ambani and son Anant Ambani.(PTI)

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.
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Reliance said it expects retail activity to return to pre-pandemic levels in the ongoing quarter(Reuters File Photo)
Reliance said it expects retail activity to return to pre-pandemic levels in the ongoing quarter(Reuters File Photo)

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
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