Mukesh Ambani

RIL may go big in its new energy business amid climate concerns

As environmental worries resurface around the world, Reliance Industries (RIL), the world's largest oil-to-telecom company, wants to give a substantial boost to its new energy and new materials businesses, with the goal of becoming carbon-neutral by 2035.

Jun 3, 2021

NIA takes over Ambani security scare case as the mystery continues [details]

It is pertinent to note that the matter got complicated with the death of Mansukh Hiren, whose SUV laden with gelatin sticks was found abandoned near the house of Ambani in Mumbai.

Mar 8, 2021

Mukesh Ambani bomb scare: Owner of SUV laden with explosives found dead

Mansukh Hiren, the registered owner of the explosive-laden Scorpio abandoned outside Mukesh Ambani's home Antilia in Mumbai, has been found dead. Police says it appears to be a case of suicide.

Mar 5, 2021

Mukesh Ambani overtakes China's Zhong Shanshan to become richest Asian

Reliance Industries Chairman Mukesh Ambani has once again become the wealthiest person in Asia after China's Zhong Shanshan lost $22 billion this week, according to Bloomberg Billionaires Index.

Feb 27, 2021

Letter left for Mukesh Ambani in explosive SUV; contents revealed [read]

As the investigation is underway, the contents of the letter were made public, emphasizing the threat level. "Yeh sirf trailer hai [This is only a trailer]," the letter read and more.

Feb 26, 2021

SUV filled with explosives found dumped near Mukesh Ambani's house [details]

The suspicious persons seemed to have fled after deserting the SUV there, but strangely, it was noticed only after another 12 hours.

Feb 25, 2021

Mukesh Ambani accused of manipulative trading; fined ₹15cr by SEBI [Details]

Market experts have argued that the order is unlikely to affect RIL share on Dalal Street. Read on to know what happened.

Jan 2, 2021

Mukesh, Nita Ambani are grandparents: Akash, Shloka blessed with baby boy

Mukjesh Ambani's spokesperson said: "Nita and Mukesh Ambani are delighted to become grandparents for the first time, as they welcomed the great-grandson of Dhirubhai and Kokilaben Ambani. Shloka and Akash Ambani became proud parents of a baby boy today in Mumbai."

Dec 10, 2020

RIL Q2 result: Mukesh Ambani loses $5 billion as share tanks more than 8%

RIL's stock has outperformed Sensex with a 29% jump since the beginning of this year but due to crashing oil demand, its revenues fell

Nov 2, 2020

Bezos vs Ambani battle: 8 questions raised by corporate watchers

In the Jeff Bezos vs Mukesh Ambani battle royale for the Indian retail market, which is now also evolving into a 'videshi vs swadeshi' battle, questions are being raised by corporate watchers.

Oct 27, 2020

Mukesh Ambani bets huge on AI; pitches for regulation on data protection [Full Text]

Mukesh Ambani's address at the Inaugural Session of Responsible AI for Social Empowerment (RAISE 2020) Virtual Global Summit, organized by the Government of India in partnership with Industry & Academia.

Oct 6, 2020

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, smiles as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018.

Unbelievable: Mukesh Ambani got richer by ₹1.5 crore every minute since lockdown began

Mukesh Ambani has topped the Hurun India Rich list for the ninth consecutive year.

Sep 30, 2020

Fact-Check | Got a call from KBC: It's fake phishing attempt; ignore and flag it

A fake message is circulating on WhatApp attempting to deceive users into believing that they have won Rs 25 lakh in an online lottery conducted by the makers of Kaun Banega Crorepati.

Sep 2, 2020

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.