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Mukesh Ambani News

PAGE 28

In India’s retail, a battle of the billionaires

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

Updated on Dec 23, 2020, 4:54 AM IST

Spectrum for 4G to be auctioned off in March

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

Updated on Dec 17, 2020, 12:45 AM IST

Billionaire Mukesh Ambani inspired me, says Mark Zuckerberg. Explains why

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

Published on Dec 15, 2020, 6:55 PM IST

India will grow to be among top 3 economies in 2 decades: Mukesh Ambani

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

Updated on Dec 15, 2020, 1:24 PM IST

Gautam Adani: Billionaire survivor of ransom, terror attacks, now rivals Ambani

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.

Updated on Dec 14, 2020, 1:07 PM IST

Key farmer leader favours talks, says ‘goalposts shifted’

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.

Updated on Dec 14, 2020, 4:34 AM IST

Mukesh Ambani becomes grandfather as Shloka, Akash Ambani welcome baby boy

Akash and Shloka Ambani.

Updated on Dec 10, 2020, 6:14 PM IST

Amazon eyes potential $100 million investment in Apollo Pharmacy

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

Updated on Dec 9, 2020, 1:01 PM IST

Mukesh Ambani, Sunil Mittal differ on 5G rollout timeline

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.

Updated on Dec 9, 2020, 4:45 AM IST

India specific 5G standard a threat, can hamper innovation: Airtel CEO

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

Published on Dec 8, 2020, 2:49 PM IST

Indian economy will bounce back, steps needed to accelerate early rollout of 5G: Mukesh Ambani

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

Published on Dec 8, 2020, 12:25 PM IST

Jeff Bezos, Mukesh Ambani and the battle for India’s retail supremacy

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

Updated on Nov 28, 2020, 9:58 PM IST

Mukesh Ambani’s residence Antilia: Inside India’s richest man’s opulent Rs 15,000 crore Mumbai home

Mukesh Ambani and Nita Ambani and a sneak peak of their Mumbai home, Antilia

Updated on Dec 11, 2020, 6:56 PM IST

‘Big Brother’ Amazon targeted in fight with Ambani over retailer

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

Published on Nov 25, 2020, 1:45 PM IST

India enters crucial phase in fight against Covid-19; can’t let guard down at this juncture: Mukesh Ambani

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

Updated on Nov 21, 2020, 12:02 PM IST

Mukesh Ambani’s Reliance acquires 96% stake in Urban Ladder for ₹182 crore

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.

Updated on Nov 15, 2020, 6:30 PM IST

Amazon accuses Future of insider trading as it seeks to block Reliance deal

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.

Updated on Nov 11, 2020, 6:19 PM IST

Wipro’s Azim Premji emerges as most generous Indian in FY20

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

Published on Nov 11, 2020, 5:01 PM IST

Jeff Bezos, Mukesh Ambani in battle over Future Group

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

Updated on Nov 3, 2020, 1:35 PM IST

Mukesh Ambani loses $5 billion as oil sinks Reliance shares

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

Updated on Nov 2, 2020, 2:07 PM IST

SC rejects PIL seeking to withdraw Mukesh Ambani, family’s Z+ security

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

Published on Nov 1, 2020, 11:11 AM IST

Reliance Industries Ltd’s Q2 result gets a fillip from Jio, retail arm

Reliance said it expects retail activity to return to pre-pandemic levels in the ongoing quarter

Published on Oct 31, 2020, 6:07 AM IST

Amazon writes to Sebi, bourses on Future-RIL deal

Published on Oct 29, 2020, 11:30 PM IST

Amazon may move high court to enforce order

An employee of Amazon walks through a turnstile gate inside an Amazon Fulfillment Centre on the outskirts of Bengaluru.

Published on Oct 29, 2020, 8:07 AM IST

Bharti Airtel posts highest-ever quarterly revenue on higher tariffs, data usage

Average revenue per user at India’s second largest telecom operator rose to 162 rupees for the quarter, from 128 rupees a year earlier.

Updated on Oct 27, 2020, 4:57 PM IST

Future, RIL to fight arbitration verdict

The assets of the debt-laden Future group, which include the popular Big Bazaar supermarket chain, are the bone of contention between the two billionaires.

Updated on Oct 27, 2020, 4:00 AM IST

Future Group shares tank up to 10% after Reliance deal put on hold; RIL down 4%

Amazon, which had agreed to purchase 49 per cent of one of Future’s unlisted firms last year with the right to buy into flagship Future Retail Ltd after a period of three years to 10 years, had dragged Future to arbitration after it signed a pact to sell retail, wholesale, logistics and warehousing units to RIL.

Updated on Oct 26, 2020, 8:25 PM IST

Amazon, Reliance in ‘face-off’ over assets of Future Retail Limited

Updated on Oct 26, 2020, 3:21 PM IST

Reliance rolls back salary cuts, offers bonus

The firm is also offering an advance 30 per cent of the variable pay from the next year’s salary to its lakh-plus employees as a goodwill gesture for working during the pandemic, two persons familiar with the matter said.

Updated on Oct 25, 2020, 10:07 PM IST

Jio planning to sell 5G smartphones for Rs 2,500-3,000 a piece: Company official

Commuters are reflected on an advertisement of Reliance Industries' Jio telecoms unit, at a bus stop in Mumbai.

Published on Oct 18, 2020, 8:32 PM IST

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