Mukesh Ambani

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

The oil-to-telecoms conglomerate's talks with Urban Ladder are at an advanced stage, the report said, citing four unnamed sources briefed on the matter.

Aug 17, 2020

Mukesh Ambani is now world's fourth richest; net worth stands at $80.6 billion

To give our readers perspective, Mukesh Ambani's net worth is Rs 60,48,28,44,50,000, as per current conversion value.

Aug 8, 2020

Reliance to pay up to $3.6 billion for Future Group retail operations

Mukesh Ambani's Reliance Industries Ltd will pay between 240 billion and 270 billion rupees ($3.2-$3.6 billion) to buy the Indian retail chains owned by Future Group, Mint newspaper reported on Tuesday, citing two sources familiar with details of the deal.

Jul 28, 2020

Google to invest Rs 33,737 crore for 7.73% stake in Jio Platforms

With Google's investment, strategic and financial investors have committed a total of 1.52 trillion rupees in the last few months, Mukesh Ambani said at the company's annual shareholders meeting hosted via a webcast.

Jul 15, 2020

How Mukesh Ambani made Reliance Industries debt-free well ahead of its target

In less than 2 months, the company managed to secure investments around 1.6 lakh crore through 11 investors and the Right issue.

Jun 19, 2020

'Reliance now net debt-free, fulfilled my promise before schedule': Chairman Mukesh Ambani

Investments by global tech investors and a 'Rights Issue' has made Reliance Industries Ltd (RIL) a net debt-free company. Accordingly, RIL has raised over Rs 168,818 crore in just 58 days. The company's net-debt was Rs 161,035 crore, as on March 31, 2020.

Jun 19, 2020

After Mubadala, Reliance says Abu Dhabi Investment Authority invests $752 million in digital unit

Ambani has always pitched Jio as a tech company instead of a traditional mobile carrier, often saying publicly that "data is the new oil".

Jun 8, 2020

Here's why Google is mulling stake in debt laden Vodafone Idea

As per the order of the Supreme Court, Vodafone Idea owes as much as Rs 54,000 crore in adjusted gross revenue (AGR) dues to the government.

May 29, 2020

Reliance launches Jiomart: New online grocery service challenges Amazon, Flipkart

JioMart, the e-commerce venture of Reliance's retail arm, offers free express grocery delivery from neighbourhood mom-and-pop stores.

May 24, 2020

From Ambani to Jeff Bezos: 9 most ridiculous things owned by world's top billionaires

From Mukesh Ambani's Antilla to Roman Abramovich's Eclipse yacht, check out the nine most ridiculous things owned by the world's top billionaires.

May 9, 2020

Reliance Jio rakes in Rs 60,596.37 crore investments in just 3 weeks; Facebook, Silver Lake and now Vista!

Amidst coronavirus pandemic affecting business growth prospects in India and denting profit margins, Reliance Jio attracted major investments to a tune of Rs 60,596.37 crore.

May 8, 2020

Neetu says Mukesh and Nita Ambani took utmost care of Rishi Kapoor during hard times

Late actor Rishi Kapoor's wife Neetu Kapoor on Tuesday thanked Reliance Industries Ltd (RIL) chairman and managing director Mukesh Ambani and his family.

May 5, 2020

RIL employee pay-cut is bad news for Indian businesses

During this unprecedented pandemic, a multi-dollar company like Reliance Industries Limited doing pay cuts is indeed worrisome; other companies will follow the trend leaving thousands affected

Apr 30, 2020

Facebook-Reliance Jio deal a 'game changer' for tech sector: What does this mean for India Inc?

Facebook has entered into a partnership with Reliance Jio to acquire a 9.99 percent minority stake for an investment of Rs 43,574 crore. What does this deal mean for India Inc.? Are we on the anvil of a bigger digital transformation?

Apr 22, 2020

9pm 9 mins: Here's a complete list of celebrities who light up candles,diyas to support PM Modi's initiative; watch

From Bollywood's bigwigs to south actors, celebs across the country light candles and diyas in solidarity. Here's the complete list of celebrities to did their bit to spread positivity and togetherness.

Apr 6, 2020

Mother of all deals: Facebook may buy 10 percent stake in Reliance Jio

India has emerged as a major market for global tech giants with its increased mobile and internet penetration.

Mar 25, 2020

Free meals, 1 lakh masks per day, India's first Covid-19 hospital: RIL fights coronavirus in India

Mukesh Ambani led conglomerate has taken a series of measures to fight against Covid-19 which has already claimed more than 16,300 lives across the world.

Mar 24, 2020

Janata Curfew: From Ambani's to B-town celebs Kapil Sharma, Bachchan's, SRK celebrate spirit of India in fight against Coronavirus

Janta Curfew: Watch: Janata Curfew: People and Bollywood celebrities like Katrina Kaif, Kartik Aaryan, Amitabh Bachchan, Ayushmann Khurrana and many more across nation clap, ring bells unite in the fight against coronavirus

Mar 23, 2020

When Mukesh, Nita Ambani's son Anant was asked, 'Ambani hai ya bhikari!' [Throwback]

Akash Ambani, Isha Ambani Piramal and Anant Ambani are the most down-to-earth people in the business industry, despite all the fame and power. Scroll down to find out more.

Mar 12, 2020

Isha Ambani Holi party: Katrina Kaif-Vicky Kaushal, Priyanka Chopra-Nick Jonas arrive in style [PICS]

Celebs like Katrina Kaif, Priyanka Chopra and husband Nick Jonas, Jacqueline Fernandez, Vicky Kaushal and newly weds Armaan Jain and wife Anissa Malhotra were seen arriving at Isha Ambani's house for a lavish Holi party.

Mar 6, 2020