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Mukesh Ambani

Ravi Shankar Prasad

AGR ruling: Firms with telecom licence tense fearing Rs 2.8 lakh crore DoT dues

All companies that have a telecom licence are worried as DoT has begun examining if the SC order that has roiled mobile service firms Vodafone and Airtel may be applicable to other firms. Nov 7, 2019
Airtel vs Reliance Jio

Will official panel proposals help telecom sector survive blow of huge levies?

The official panel may recommend measures to give respite to telecom players Vodafone Idea and Bharti Airtel without which the two may become unviable leaving the field clear for Reliance Jio. Nov 4, 2019
Mukesh Ambani

Mukesh Ambani confirms India's economic slowdown temporary, reforms undertaken to reverse trend

Mukesh Ambani stated that the reforms undertaken by Prime Minister Narendra Modi's government since August will bear fruits in the next few quarters. Oct 30, 2019
Bachchan diwali party Katrina Malaika Anushka Mira

Bachchan Diwali bash: Katrina Kaif to Malaika Arora; 15 celebs who stole the show, see pics

Let's take a look at celebs who stole the show at the Bachchan Diwali bash 2019 Oct 29, 2019
Backlash over Reliance Jio's decision to charge voice calls

Will SC order on gross revenue unduly benefit Mukesh Ambani's Reliance Jio?

The SC order upholding govt's calculation of the adjusted gross revenue will mostly affect top telco Vodafone Idea and third-placed Bharti Airtel; Reliance Jio being a relatively new firm owes minuscule part of the total dues of Rs 93,000 crore. Oct 26, 2019
Reliance

Reliance Industries becomes first Indian firm to hit Rs 9 lakh cr market cap ahead of Q2 results

The surge in market capitalisation and share prices comes ahead of the company's second-quarter results to be announced later in the day. Oct 18, 2019
Nirmala Sitharaman CPSU

Can India defy US pressure and continue trade ties with Venezuela, Russia?

Finance Minister Sitharaman says India cannot sacrifice 'economic strength' and strategic interests to comply with US sanctions. Oct 16, 2019
Ravi Shankar Prasad

Will likely spectrum price cut help telcos avoid plight of aviation sector?

Telcos have been urging the government to cut 5G spectrum base price ahead of the proposed auction; the sector has been facing financial stress caused by high operating costs and low profitability amid intense competition. Oct 15, 2019
Backlash over Reliance Jio's decision to charge voice calls

Will Reliance Jio's 30-minute offer of free talk time calm upset customers?

Reliance Jio announced new scheme two days after its decision to charge 6 paise per minute on interconnect calls following huge customer backlash; social media posts remind Mukesh Ambani of his promise to never charge voice calls and #BoycottJio and #ILoveJio hashtags trend on Twitter. Oct 12, 2019
Airtel vs Reliance Jio

Is Jio's new charge on inter-network calls bid to kill two birds with one stone?

With the new 6-paise charge on inter-network calls Reliance Jio may be eyeing increased profitability and higher market valuation. Oct 11, 2019
Reliance Jio

End of free calls? Reliance Jio starts charging 6p/min for calling other operators

Now with the new condition, all Jio users wanting to call on Vodafone Idea and Airtel networks will have to buy additional top-up vouchers of Rs 10, Rs 20, Rs 50 and Rs 100 Oct 10, 2019
Airtel vs Reliance Jio

Will slugfest of Vodafone, Jio and Airtel over ring duration affect your calls?

Trai intervenes after bare-knuckle slugfest breaks out over mismatch of interconnect usage charges after Jio cuts ringer duration hitting Vodafone-Idea and Airtel revenues. Oct 2, 2019
Mukesh Ambani helped his younger brother Anil Ambani to pay off debt owed to Sweden's Ericsson

Anil Ambani takes a leaf from Mukesh Ambani's playbook of leaner businesses

Reliance Infrastructure focuses on reducing its Rs 6,000-crore debt even as group firms' order books swell on government contracts. Oct 1, 2019
Mukesh Ambani

What is driving Mukesh Ambani's pivot away from oil to lifestyle retail?

A recent $15-billion deal with Saudi Aramco has helped the world's largest refiner Reliance Industries deleverage the balance sheet and cut debt while freeing up resources to power diversification away from core petrochemical sector. Sep 6, 2019
Nita Ambani, Isha Ambani, Anant Ambani, Akash Ambani, Mukesh Ambani

Is generational change of ownership happening in Mukesh Ambani's Reliance Group?

High-profile weddings of Mukesh Ambani's children Isha and Akash were more of a corporate PR extravaganza than a family event to launch the twins to the corporate high table. Aug 17, 2019
Reliance Industries (RIL) Chairman Mukesh Ambani

Reliance looks for investment opportunities in J&K, Ladakh after scrapping of Article 370

At the 42nd AGM of the company, Ambani said that they would make a lot of announcements on the developmental initiatives in the newly-created Union Territories. Aug 12, 2019
Mukesh Ambani

Saudi Aramco to buy 20% in Reliance oil business in one of the biggest FDI deals in India

The Aramco, Reliance deal will have an enterprise value of around Rs 5,32,466 crore. Aug 12, 2019
RIL Chairman and MD Mukesh Ambani

Mukesh Ambani presents 'Reliance New Commerce' and a plan to become zero net-debt firm

Billionaire Ambani's new strategy means for Jamnagar refinery means it would gradually reduce the production of auto fuels and turn to jet fuel and petrochemicals. Aug 12, 2019
indian oil ioc petrol pump saudi aramco total bp

You may soon be able to buy petrol from the supermarket during weekly shopping

Major reforms to energy policy may allow foreign energy companies and supermarkets to sell fuel to retail users. Aug 7, 2019
Mukesh Ambani, Nita Ambani

Reliance Jio, Airtel in race for Anil Ambani's RCom assets

The Anil Ambani-led telecom company has been struggling with the long-standing debt of about Rs 46,000 crore. Aug 5, 2019
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