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Mukesh Ambani News

PAGE 29

Reliance’s Mukesh Ambani loses interest in Debenhams: Report

Pedestrians walk past the Debenhams Plc department store at the Trafford Centre shopping mall, operated by Intu Properties Plc, in Manchester, UK.

Updated on Oct 11, 2020, 3:26 PM IST

Jio designed to help India lead fourth industrial revolution, says Mukesh Ambani

Before Jio, India was stuck with 2G technology. “Jio wanted to end India’s data misery and unleash a digital revolution,” Mukesh Amabni said.

Published on Oct 8, 2020, 4:17 PM IST

Indian partner Future Group broke pact after Ambani sale deal, says Amazon

Amazon agreed to purchase 49% of one of Future’s unlisted firms last year, with the right to buy into flagship Future Retail Ltd. after a period of between three and 10 years.

Updated on Oct 8, 2020, 2:09 PM IST

Forbes India Rich List 2020: Mukesh Ambani wealthiest, Serum Institute’s Cyrus Poonawalla among top 10. Full list

Mukesh Ambani remains the wealthiest Indian for the 13th consecutive year. to

Updated on Oct 9, 2020, 5:17 PM IST

India will benefit from data resource, says Mukesh Ambani, pitches for new regulation on data protection

Nations will increasingly compete on digital capital, Reliance Industries Limited chairman Mukesh Ambani said at RAISE 2020.

Updated on Oct 5, 2020, 11:00 PM IST

Reliance raises Rs 7,350 crore from GIC, TPG

In less than three days, Reliance Industries has entered into five deals to sell stake in Reliance Retail Ventures Limited.

Published on Oct 3, 2020, 6:27 AM IST

PM Modi to inaugurate global summit on artificial intelligence on October 5

Prime Minister Narendra Modi virtually addressing the United Nations General Assembly on September 26, 2020.

Published on Oct 2, 2020, 8:35 AM IST

Walmart looking at up to $25 billion investment in Tata Group’s ‘super app’

The Walmart investment could touch $20 billion to $25 billion eventually for a large stake in the proposed super app that will be hosted under a Tata Sons unit, according to the Mint report.

Published on Sep 29, 2020, 10:26 AM IST

Tata courts investors for digi platform

Tata Motors logos are seen at their flagship showroom in Mumbai.

Published on Sep 29, 2020, 5:53 AM IST

India Inc explores options to acquire companies abroad

Despite the availability of cheap assets, companies will be selective with acquisitions given the fragile global economic recovery.

Updated on Sep 28, 2020, 5:06 AM IST

KKR picks up stake in RIL’s retail unit

On September 9, California-based PE fund Silver Lake picked up a 1.75% stake in RRVL for <span class='webrupee'>₹</span>7,500 crore.

Published on Sep 24, 2020, 12:51 AM IST

After Jio, KKR to invest in Reliance Retail, Rs 5,550 crore for 1.28 per cent equity stake

KKR has a proven track record of being a valuable partner to industry-leading franchises, says Chairman and Managing Director of Reliance Industries, Mukesh Ambani

Updated on Sep 23, 2020, 10:43 AM IST

A $50 phone is Mukesh Ambani’s weapon to dominate India telecom market

Reliance’s target of selling 150 million to 200 million phones over two years would represent a massive boost for local factories

Updated on Sep 22, 2020, 11:14 PM IST

Bypassing Mukesh Ambani in India will be a tough ask for Google, Facebook and Amazon

Mukesh Ambani, chairman and managing director of Reliance Industries.

Published on Sep 14, 2020, 1:49 PM IST

Reliance may use stake sales to help fund expansion plan

RIL is planning to use the money it raised over the past few months to invest across businesses, rather than retire debt.

Updated on Sep 14, 2020, 6:51 AM IST

Reliance’s market heft becoming liability for Indian equity mutual funds

Reliance’s shares rose 12% to a record last week, lifting the company’s market value past the $200 billion mark, as people familiar said Amazon.com Inc.

Published on Sep 12, 2020, 2:19 PM IST

Ambani’s Reliance to offer $20 billion stake in retail arm to Amazon: Report

For Amazon, Reliance would provide a brick-and-mortar component to its ambitions in a country where online purchasing still accounts for a minuscule share of an estimated $1 trillion retail market.

Updated on Sep 10, 2020, 11:36 PM IST

US equity firm to invest ₹7,500 crore in Reliance Retail Ventures

File photo of Reliance chairman Mukesh Ambani

Updated on Sep 9, 2020, 12:47 PM IST

Vodafone’s India unit plans $1.5 billion fundraising: Report

Vodafone Idea fell as much as 9.9% in early trading in Mumbai on Friday amid a global stock rout. The stock rose as much as 30% on Thursday in its biggest gain since March.

Published on Sep 4, 2020, 10:15 AM IST

Ambani’s Reliance buys stake in Future Group for Rs 24,713 crore

Mukesh Ambani, chairman and managing director of Reliance Industries, attends the World Economic Forum (WEF) meeting in Davos, Switzerland.

Updated on Aug 29, 2020, 9:20 PM IST

Court halts insolvency proceedings against Reliance’s Anil Ambani

Reliance Group chairman Anil Ambani

Updated on Aug 27, 2020, 6:08 PM IST

News updates from Hindustan Times: Railways cite poor progress by contractors, delays on DFC after concerns raised by PMO and all the latest news

Railways will also hold a review with state government officials of UP, Bihar, Gujarat and Maharashtra on September 1.

Updated on Aug 26, 2020, 9:20 PM IST

Mukesh Ambani’s Reliance Jio gets nod for sub-sea cable gateway in Bengal

Reliance Jio has agreed to set up a cable landing station at Digha. They would invest more than <span class='webrupee'>₹</span>1,000 crore. (HT Photo)

Updated on Aug 26, 2020, 8:15 PM IST

Mukesh Ambani is on a shopping spree in race against Amazon

Ambani’s latest hunt for deals follows a wave of similar acquisitions that started around 2017. Since then, his group has purchased British toy store-chain Hamleys, a local music streaming app called Saavn, logistics operation Grab a Grub Services and the Haptik artificial intelligence chatbot.

Updated on Aug 18, 2020, 4:08 PM IST

Reliance in talks to buy online furniture retail, milk delivery startups: Report

Mukesh Ambani, chairman of Reliance Industries Limited.

Updated on Aug 17, 2020, 1:49 PM IST

RIL, Amazon set to clash on e-pharma

People purchase medicines from a medical store in Bengaluru .

Updated on Aug 17, 2020, 6:11 AM IST

SC seeks details of spectrum users of insolvent firms

While Reliance Jio is owned by Mukesh Ambani, RCom is led by his younger brother Anil Ambani.

Published on Aug 15, 2020, 2:44 AM IST

Mukesh Ambani to set up family council as part of succession planning

RIL chairman Mukesh Ambani, 63, aims to complete the process by the end of next year.

Updated on Aug 14, 2020, 2:27 AM IST

Aramco still aims for $15 billion deal with India’s Reliance

Oil tanks at a Saudi Aramco oil facility in Abqaiq, Saudi Arabia.

Updated on Aug 10, 2020, 6:20 PM IST

Mukesh Ambani surges past richest European to become world’s fourth wealthiest

Reliance Industries Ltd.’s chairman is now worth $80.6 billion, after amassing $22 billion this year, according to the Bloomberg Billionaires Index

Published on Aug 8, 2020, 6:31 PM IST

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