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Mukesh Ambani

Spectrum auction: DoT to issue demand note to telcos this week for payment

Spectrum auction: DoT to issue demand note to telcos this week for payment

Sun, Jun 30, 2024

The auction -- lasted for two days spanning seven rounds this time around - witnessed the sale of 141.4 MHz of radio waves for Rs 11,340.78 crore.

Mukesh Ambani’s son Anant Ambani faces resistance from 2 advisory firms over Reliance board seat

Mukesh Ambani’s son Anant Ambani faces resistance from 2 advisory firms over Reliance board seat

Tue, Oct 17, 2023

Again objection on the appointment of Anant Ambani in RIL board, after LiAS, ISS also objected, ISS and IiAS recommend voting against the proposal in AGM.

Jio Financial Services to be excluded from NSE indices from September 7

Jio Financial Services to be excluded from NSE indices from September 7

Wed, Sep 06, 2023

Apart from Nifty 50, the company will be excluded from Nifty 100, Nifty 200, Nifty 500, Nifty50 Equal Weight, among others.

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Rel Jio to foray into automobile telematics this year

Rel Jio to foray into automobile telematics this year

Wed, Jan 18, 2017

"Reliance Jio is ready with a car connected device that will have multiple features like immobilise car at the time of theft, alert owner about car movement, locate car and also provide wi-fi within car. The owner needs to use Jio sim in the device to avail benefits," an industry source said.

Wealth creation must for wealth distribution to happen: Mukesh Ambani

Wealth creation must for wealth distribution to happen: Mukesh Ambani

Wed, Jan 18, 2017

Ambani said one needs to see in terms of how humanity progresses and how the society progresses.

36.5% of Reliance's Q3 profit come from treasury gains

36.5% of Reliance's Q3 profit come from treasury gains

Tue, Jan 17, 2017

Turnover rose 16.1% at Rs 84,189 crore, despite a 4.3% fall in profitability in Q3 to Rs 6,194 crore.

RIL to fund Reliance Jio via equity offering worth Rs 30,000 crore

RIL to fund Reliance Jio via equity offering worth Rs 30,000 crore

Mon, Jan 16, 2017

RIL said, "In view of the unprecedented customer response to Jio’s services as well as to address the anticipated growth in demand for digital services, additional investments are proposed to be made into the network to enhance its coverage and capacity."

Reliance Industries misses estimates, reports 3.60% rise in Q3 net profit

Reliance Industries misses estimates, reports 3.60% rise in Q3 net profit

Mon, Jan 16, 2017

Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries Limited said: “Our robust integrated platform, sound operational processes and business portfolio aligned to the needs of emerging India enabled us to deliver another record performance in challenging market conditions. The refining business has delivered eight consecutive quarters of double-digit GRMs, benefiting from the global demand for transportation fuels and improved product cracks."

Will Mukesh Ambani-held Reliance Industries post increased profit in Q3FY17?

Will Mukesh Ambani-held Reliance Industries post increased profit in Q3FY17?

Mon, Jan 16, 2017

The oil and gas major company was likely to post an increase in the net profit to Rs 7,842 crore.

Airtel files affidavit in TDSAT against Trai

Airtel files affidavit in TDSAT against Trai

Wed, Jan 11, 2017

Next hearing regarding the matter will take place on February 1, 2017.

Will complete investment of Rs 1.25 lakh crore in Gujarat by March: Mukesh Ambani

Will complete investment of Rs 1.25 lakh crore in Gujarat by March: Mukesh Ambani

Tue, Jan 10, 2017

Mukesh Ambani, India's richest person, on Tuesday said his Reliance Industries will complete investment of Rs 1.25 lakh crore in refinery and petrochemical expansion projects in Gujarat by March, exceeding commitments made by Rs 10,000 crore.

Reliance Jio justifies free call, data offer to Trai

Reliance Jio justifies free call, data offer to Trai

Thu, Dec 29, 2016

The response was to Trai's letter dated December 20.

Reliance Industries commissions new Paraxylene plant at Jamnagar

Reliance Industries commissions new Paraxylene plant at Jamnagar

Wed, Dec 28, 2016

The shares of the company closed at Rs 1052.20 per share, down 1.15%, or Rs 12.20 on BSE.

Jio seeks time till December 29 to respond to Trai's queries

Jio seeks time till December 29 to respond to Trai's queries

Tue, Dec 27, 2016

Reliance Jio has now written to Trai seeking additional time up to December 29 to send in its responses.

Trai asks Reliance Jio to explain why new offer not violation of norms

Trai asks Reliance Jio to explain why new offer not violation of norms

Mon, Dec 26, 2016

The telecom regulator asked Reliance Jio to explain itself regarding the extension of its free data and voice plans which goes against the regulation of promotional offers being limited to only 90 days.

Airtel, Idea shares nosedive as Reliance Jio free offer gets extension

Airtel, Idea shares nosedive as Reliance Jio free offer gets extension

Thu, Dec 01, 2016

Ambani also accused Jio's rivals (mainly Bharti Airtel, Idea Cellular and Vodafone) for not supporting Jio's superior technology to customers.

Jio did not receive support from existing operators, Mukesh Ambani alleges

Jio did not receive support from existing operators, Mukesh Ambani alleges

Thu, Dec 01, 2016

KEY HIGHGLIGHTS Jio crossed 50 million customers Jio users using 25 times for data than average Signed up 6 lakh customers daily Free data offer extended up to March 31, 2017

Reliance Jio crosses 50 million subscriber mark in 83 days

Reliance Jio crosses 50 million subscriber mark in 83 days

Tue, Nov 29, 2016

Mukesh Ambani-promoted Reliance Jio (RJio) has crossed the 50 million subscriber mark in less than three months after its full-fledged 4G services launch to emerge as the largest broadband operator in the country.

Reliance Industries, GE form global partnership for $25 billion industrial IoT biz

Reliance Industries, GE form global partnership for $25 billion industrial IoT biz

Thu, Nov 17, 2016

Predix is operating system from GE used for the Industrial Internet.

Vodafone will not launch Indian unit IPO until next financial year

Vodafone will not launch Indian unit IPO until next financial year

Tue, Nov 15, 2016

The IPO is expected to raise between 133 billion rupees and 200 billion rupees ($2-$3 billion).

Reliance Jio charges Airtel of violating licence pact

Reliance Jio charges Airtel of violating licence pact

Fri, Nov 04, 2016

Billionaire Mukesh Ambani-led Reliance Jio on Thursday slammed market leader Bharti Airtel for providing only one-way points of interconnects (POIs) for completing calls rather than both-way nodes in violation of licence agreement.

Reliance Jio to install 45,000 mobile towers in six months to boost 4G network

Reliance Jio to install 45,000 mobile towers in six months to boost 4G network

Wed, Nov 02, 2016

The incumbent operators received no respite from Trai on penalty of Rs 3,050 crore recommended by it.

RIL faces over $1 billion fine for ONGC gas migration issue

RIL faces over $1 billion fine for ONGC gas migration issue

Tue, Nov 01, 2016

Mukesh Ambani led Reliance Industries Ltd (RIL) and its foreign partners Niko Resources are alleged to have migrated gas from Oil and Natural Gas Corporation (ONGC)’s block in the Krishan-Godavari basin and will be fined nearly $1.2 billion.

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