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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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Reliance Jio launch in ''coming months'': Mukesh Ambani

Reliance Jio launch in ''coming months'': Mukesh Ambani

Fri, Aug 05, 2016

"During the year, Reliance Jio moved towards completion of its network infrastructure as well as business services and platforms. We on-boarded over 1.5 million test users, who have been using the services extensively," Ambani said in the company`s annual report for 2015-16.

Mukesh Ambani keeps salary capped at Rs 15 crore for 8th year

Mukesh Ambani keeps salary capped at Rs 15 crore for 8th year

Fri, Aug 05, 2016

Ambani voluntarily capped his compensation at Rs 15 crore in October 2009 amid a debate over right-sizing of CEO salaries.

Reliance Industries looks to raise Rs 10,000 crore via NCDs

Reliance Industries looks to raise Rs 10,000 crore via NCDs

Thu, Aug 04, 2016

Mukesh Ambani-led Reliance Industries wants to raise Rs 10,000 crore and has asked its shareholders to approve the fund raising plan.

Audit report notes excess gas cost recovery by Reliance Industries

Audit report notes excess gas cost recovery by Reliance Industries

Tue, Aug 02, 2016

"Despite MoPNG`s directive, the operator continued to include this amount in the cost recovery for 2012-13 and 2013-14," said the report of the Comptroller and Auditor General of India tabled in Parliament on Tuesday.

Bezos is now richer than Buffet, Mukesh Ambani jumps 2 spots

Bezos is now richer than Buffet, Mukesh Ambani jumps 2 spots

Fri, Jul 29, 2016

The fifth spot was taken by Facebook founder, Mark Zuckerberg, with the net worth of $54 billion (Rs 3.59 lakh crore).

4G price war: Telcos slash rates as Reliance Jio launch nears

4G price war: Telcos slash rates as Reliance Jio launch nears

Tue, Jul 19, 2016

On Friday last week, Idea Cellular said that it will give customers 45% more data with their current data packs. For instance, its 2G data pack priced at Rs 19, which offers 75 MB data for three days, would now offer 110 MB data for three days, a 45% more value to the customer.

Reliance refining biz records highest earnings on strong product demand, margins

Reliance refining biz records highest earnings on strong product demand, margins

Sun, Jul 17, 2016

Reliance Industries made a whopping Rs 6,593 crore from refining in the April-June period, higher than the Rs 5,235 crore it made from the business last year, a 25.9% increase.

Key highlights of Reliance Industries Ltd's Q1 results

Key highlights of Reliance Industries Ltd's Q1 results

Fri, Jul 15, 2016

For the quarter ended 30th June 2016, RIL achieved a turnover of Rs 71,451 crore ($10.6 billion), a decrease of 13.4%, as compared to Rs 82,509 crore in the corresponding period of the previous year.

Essar Group phone tapping case: Complaint against company forwarded to Home Ministry

Essar Group phone tapping case: Complaint against company forwarded to Home Ministry

Sun, Jun 19, 2016

A spokesperson for Anil Ambani-led group said they were "shocked" to see the reports about the so-called tapes.

"Shocked" at illegal phone tapping reports; authorities to fully probe the matter: Reliance

"Shocked" at illegal phone tapping reports; authorities to fully probe the matter: Reliance

Sat, Jun 18, 2016

"The authorities to fully investigate these allegations of illegal phone tapping by highly irresponsible and criminally minded persons", said the company in a statement.

Reliance Communications Q4 net profit falls 22%

Reliance Communications Q4 net profit falls 22%

Mon, May 30, 2016

RCom also signed a non-binding pact in December to sell its mobile phone masts business to a group of companies led by buyout firm TPG Capital Management LP.

Apple chief Tim Cook meets ICICI Bank CEO Chanda Kochhar

Apple chief Tim Cook meets ICICI Bank CEO Chanda Kochhar

Wed, May 18, 2016

American technology giant Apple's chief executive Tim Cook on Wednesday met ICICI Bank's top brass at the country's largest private sector lender's corporate headquarters here.

Reliance Lyf is already the fifth largest smartphone brand in India

Wed, May 18, 2016

According to Karthik J, Senior Market Analyst, Client Devices, “Shipments of key Indian vendors Micromax, Intex and Lava put together dropped 20.4% sequentially as they struggled to push their inventories into the market. On the other hand, new entrants like Reliance Jio grew sharply over previous quarter as they prepare before the official launch."

India, US will be at heart of new world of shared prosperity: Mukesh Ambani

India, US will be at heart of new world of shared prosperity: Mukesh Ambani

Wed, May 18, 2016

Mukesh Ambani dedicated the award to the "indomitable spirit" of his father Dhirubhai Ambani.

Now Reliance employees can refer friends, family for Jio 4G services

Now Reliance employees can refer friends, family for Jio 4G services

Thu, May 05, 2016

The offer is currently valid only on 'Lyf' branded handsets launched by the company. The email said that 4G data for the first three months will be unlimited.

RJio 4G launch to happen in 3 months; net $1 billion revenue: Morgan Stanley

RJio 4G launch to happen in 3 months; net $1 billion revenue: Morgan Stanley

Tue, Apr 26, 2016

Reliance has so far spent $19 billion on the telecom venture.

Reliance Industries plans to open more filling stations at end of FY17

Reliance Industries plans to open more filling stations at end of FY17

Sun, Apr 24, 2016

Reliance Industries, which has a licence to run as many as 5,000 filling stations, had set up 1,433 pumps in the early part of the last decade.

Reliance Industries: Nearly one-third of income came from treasury

Reliance Industries: Nearly one-third of income came from treasury

Sun, Apr 24, 2016

The company has recorded a high net income of Rs 27,680 crore in the fiscal ended March 31, 2016.

Reliance Jio launch delayed as company optimises network: Executive

Reliance Jio launch delayed as company optimises network: Executive

Sat, Apr 23, 2016

Reliance Jio, whose commercial launch has been inordinately delayed, has denied any technical glitches behind the hold-up and said network optimisation is taking time as it wants to ensure a seamless and foolproof roll-out with a couple of million users.

Oil prices: Cairn India's loss, Reliance Industries' gain

Oil prices: Cairn India's loss, Reliance Industries' gain

Sat, Apr 23, 2016

Reliance Industries Ltd (RIL), an Indian conglomerate, on Friday, posted its highest quarterly net profit in over eight years as fall in oil prices boosted refining and petrochem margins.

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