Mukesh Ambani

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

How will Anil Ambani raise Rs 14,000 crore needed to save Reliance Capital?

Reliance Capital's cash reserves have dwindled and the firm hit by exposure to other floundering entities of the group is trying to raise funds from asset sales.

May 4, 2019

Worrying fall in Reliance return on assets despite better-than-expected numbers

Rising capital spend, dipping refining margin and slowing telecom business revenue afflict RIL balance sheet as FY19 return on assets plummets

May 2, 2019

Throwback: When Mukesh Ambani choked back tears as he described Dhirubhai Ambani suffering his first stroke

In an old interview, Mukesh Ambani, while talking about how they grew up together, shared the most emotional moment of his life when his father Dhirubhai Ambani had suffered his first stroke.

Apr 23, 2019

Throwback: When Mukesh Ambani and Anil Ambani stayed in a garage merely on water and roti

In an old interview, Mukesh Ambani walked down the memory lane to describe how it was growing up and living in a joint family in a chawl in Mumbai.

Apr 21, 2019

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Week of F&O expiry, Lok Sabha elections expected to keep the markets choppy

Positive sentiment expected to carry forward from last week with earnings season underway and near-normal monsoon prediction.

Apr 21, 2019

RIL asks its 40,000 employees asked to switch from Airtel, Vodafone to Jio

Mukesh Ambani to foray into aviation sector? May buy stake in Jet, bailout Maharaja

The central government had issued preliminary information memorandum kicking off the Air India's disinvestment process.

Apr 20, 2019

Anil Ambani's RCom in limbo as deal with Mukesh's Jio snaps; court cases drag on

Telecom operator scrapped Rs 7,300-crore spectrum sales deal with Jio after DoT refused nod for transfer amid mounting dues of unpaid license fees.

Apr 20, 2019

Reliance Retail bid for UK-based Chinese toy chain Hamleys to help global foray

Mukesh Ambani's company wants to access new geographies and customer base for its products with reported move to acquire iconic Chinese-owned toy chain Hamleys.

Apr 19, 2019

Nita Ambani slammed Dhirubhai Ambani's phone and made Mukesh Ambani travel in BEST bus [Throwback]

Even before meeting Mukesh Ambani, Nita Ambani had grabbed the much-needed attention of Dhirubhai Ambani and wife Kokilaben who kind of played cupid in their relationship.

Apr 18, 2019

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.

Mukesh Ambani, Section 377 lawyers make it to Time's list of 100 most influencial people

The list was released on Wednesday evening by the New York-based magazine which names 100 people every year who are seen as the most influential.

Apr 18, 2019

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Reliance to sell 25% in refining business to Aramco to pare Rs 3 lakh crore debt?

Reliance's mainstay refining and petrochemicals operations could be valued at $55-$60 billion in the gargantuan deal, fetching the Indian conglomerate around $10-$15 billion for the minority stake.

Apr 17, 2019

Akash Ambani, Mukesh Ambani, Anant Ambani, Nita Ambani, Kokilaben Ambani, Isha Ambani

Throwback: At 23, Nita Ambani was told by doctors that she would never conceive

Becoming a mother was not a cakewalk for Nita Ambani as she was told by the doctors at the age of 23 that she would never conceive.

Apr 14, 2019

Reliance Communications denies France waived taxes for Anil Ambani-led company

Reliance Communications rubbished a media report which claimed that taxes to the tune of 143.7 million euro were waived by the French authorities.

Apr 13, 2019

Reliance, Jio, GigaFiber, registration, how to apply

Will Jio GigaFiber do to DTH what Reliance Jio did to mobile telephony?

Airtel and Tata Sky are bracing for a shakeup ahead of Jio GigaFiber's commercial launch with a disruptive potential similar to Reliance Jio's that triggered a price war affecting players like Airtel, Vodafone and BSNL.

Apr 8, 2019

When Mukesh Ambani stopped his car in the middle of the road to propose to Nita [Throwback]

The way business magnate, Mukesh Ambani proposed to the love-of-his-life Nita Ambani, will remain one of the sweetest celebrity proposals ever.

Apr 8, 2019

Truth about Mukesh Ambani and wife Nita using armed forces to ensure security at Akash Ambani - Shloka's wedding

The viral social media post shows Nita Ambani posing with several officers in uniform holding RSS-BJP responsible for the outcome.

Mar 29, 2019

After Mukesh Ambani, another Indian billionaire bails out younger sibling

The Mittal brothers had split their businesses in 1994. However, eldest brother Lakshmi Niwas chipped in with 16 billion rupees to help Pramod clear massive dues to STC.

Mar 26, 2019

Mukesh and Anil Ambani: A storied billionaire sibling rivalry is finally ending?

In one of the quirks of destiny, while the wealth of Mukesh grew exponentially, Anil saw his riches dwindling over the years.

Mar 19, 2019

Anil Ambani invokes 'family values' after elder brother Mukesh saves him from jail

On Monday, RCom paid the Swedish company Rs 4.6 billion, which also received an additional Rs 30 million from the Supreme Court's registry that the Anil Ambani-led firm had deposited as penalty interest.