Mukesh Ambani

Mukesh Ambani's Rs 13,000-crore win-win pipeline deal with Brookfield

Indian billionaire's company retains the right to acquire equity in Brookfield-promoted pipeline company while getting a significant share of earnings from the 1,400 km gas transit infrastructure.

Mar 15, 2019

BSNL fails to pay 1.76 lakh employees in February; FY19 losses could top Rs 8,000 crore

The public sector telecom provider has not got Department of Telecom nod to raise a bank loan to meet wage bill while revenues have stagnated amid rising operational expenses.

Mar 13, 2019

Bollywood stars at Akash Ambani Shloka Mehta wedding

Akash Ambani-Shloka Mehta wedding: SRK, Aamir Khan, Deepika Padukone and Aishwarya Rai Bachchan spotted

Bollywood's biggest superstars were seen at the Akash Ambani and Shloka Mehta wedding, also attended by cricketer Sachin Tendulkar and Google CEO Sundar Pichai.

Mar 10, 2019

Reliance Foundation dedicates Dhirubhai Ambani Square to Mumbaikars

'The Dhirubhai Ambani Square and the Jio World Centre fulfil the vision of a great son of India'

Mar 7, 2019

Mukesh Ambani at 13th on global rich list, will the Reliance Industries chairman have world's richest title?

A 100% rally in Reliance's stock and a substantial decline in Amazon founder Jeff Bezos wealth, following divorce with wife MacKenzie, could make Ambani the richest person in the world.

Mar 6, 2019

Reliance Industries eyes majority stake in logistics startup Grab

The acquisition of the hyperlocal logistics company is expected to help RIL fine-tune its e-commerce plans.

Mar 1, 2019

Ericsson case: Anil Ambani guilty of contempt, directed to pay Rs 453 crore or face 3 months jail

Banks may refuse to release funds to save Anil Ambani jail time

Lenders' boards may not allow RCom's request for releasing Rs 260-crore tax refund held in escrow account for paying off Ericsson after Supreme Court verdict.

Feb 23, 2019

What's Anil Ambani's net worth? Quicksilver erosion of $43 bln over a forgettable decade

Anil Ambani's net worth shrunk from $45 billion to $1.7 billion in 2019 and his flagship company RCom is burdened with Rs 45,000 crore debt.

Feb 21, 2019

Saudi Aramco in talks with Reliance to ramp up oil sector investments

The proposal is apart from the $44-billion Ratnagiri project in which Saudi Arabia and UAE are partnering India's state-owned oil marketing companies.

Feb 21, 2019

Reliance battles Comcast, Sony for a substantial stake in Zee

Subhash Chandra's Zee Entertainment has several global suitors including Apple, Sony, Comcast and Atairos seeking to buy a controlling stake.

Feb 19, 2019

Soundarya Rajinikanth wedding reception: Mukesh Ambani, Kajol and other bigwigs wish Rajini's daughter [Photos]

Mukesh Ambani, Boney Kapoor and many others attended the wedding reception of Rajinikanth's daughter Soundarya, who married Vishagan.

Feb 13, 2019

Reliance Power shares meltdown: Anil Ambani-led firm seeks Sebi ban on Edelweiss Securities

Anil Ambani-led company alleges market abuse after heavy erosion in market cap of group companies following the sale of shares pledged to lenders.

Feb 11, 2019

Ericsson files contempt plea against SBI chief over Rcom's Rs 550 cr dues - Report

Ericsson accuses SBI of not helping to retrieve the dues from RCom in its capacity as the lead banker during RCom's attempts to sell wireless assets to Reliance Jio.

Feb 6, 2019

More headache for Bharti Airtel as Moody's downgrades rating over cash flows

Last week, Airtel registered a drop of 72 percent in consolidated net income for the three months ended December 2018 at about Rs 86 crore.

Feb 6, 2019

RCom meltdown: Anil Ambani's pain is Mukesh Ambani's gain

Asset sale to Reliance Jio, which would have brought nearly Rs 18,000-crore to debt laden Rcom, floundered after creditors demanded payment ahead of the sale.

Feb 5, 2019

reliance communications, anil ambani, rcom debt default, rcom loan default, rcom downgrade, rcom share price, adag, indian telecom sector

RCom shares plunge more than 50% after bankruptcy move

The Reliance Communications board has said it now looks at comprehensive debt resolution within the next 270 days.

Feb 4, 2019

Failing to pay debt, Anil Ambani led Reliance Communications files for insolvency

Now with RCom filing for insolvency, the company has become the latest telecom player after Aircel to do so.

Feb 2, 2019

Reliance Jio's interest to heat up race for Zee Entertainment stake

Mukesh Ambani's company will be joining global giants like Amazon, Apple, Tencent and Alibaba in a bid war for ZEEL investment.

Jan 28, 2019

RCom sinks deeper into the red as net loss widens to Rs 238 crore in Q3

A marginal rise in Q3 total income to Rs 1,083 crore from the preceding quarter's Rs 1,014 crore fails to buoy the bottom line

Jan 24, 2019

Will Modi govt's e-commerce policy help Reliance beat Amazon and Flipkart?

Reliance Industries will use its two subsidiaries, Reliance Retail and Jio to help the smaller retailers/merchants sell their products to rural and small towns of India

Jan 19, 2019

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