NVIDIA announces partnership with Tata and Reliance to bolster India's AI infra
Sep 09, 2023, at 06:19 am
Mumbai/ Bengaluru: High-end chip manufacturer NVIDIA on Friday announced collaborations with two of the largest Indian conglomerates, Reliance Industries and Tata Group.
Reliance Industries ties up with Oberoi Hotels to co-manage 3 properties in India & UK
Aug 26, 2023, at 02:31 am
Mumbai: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Thursday announced that it has entered into an agreement with Oberoi Hotels and Resorts to jointly manage three properties across India and the UK.
Reliance Industries to hold 46th AGM on August 28
Aug 05, 2023, at 02:30 am
Mumbai: Reliance Industries Ltd has announced that its 46th annual general meeting will take place on August 28, according to a notice to the stock exchanges.
Reliance Retail valued $92-96 billion by consultants appointed by the firm: Report
Jul 08, 2023, at 04:24 am
Mumbai: Reliance Retail, a part of Mukesh Ambani’s Reliance Industries Ltd, has been valued at $92-96 billion by two global consultants appointed by the company, Reuters reported citing a source with direct knowledge of the matter.
'Washington Moment': When Mukesh Ambani and Anand Mahindra waited for Uber ride in the US
Jun 29, 2023, at 05:52 pm
Top industrialists, Reliance Industries chairman and MD Mukesh Ambani and Mahindra and Mahindra chairman Anand Mahindra, were a part of the Indian business delegation to the United States during Prime Minister Narendra Modi's historic America tour.
RIL appoints Srikanth Venkatachari as new CFO
Mar 25, 2023, at 05:56 am
Mumbai/IBNS: Reliance Industries Limited (RIL) has appointed Srikanth Venkatachari as the new Chief Financial Officer, the company said in a press release on Friday.
RIL to invest Rs 75,000 cr in next 4 yrs in UP: Mukesh Ambani
Feb 11, 2023, at 05:39 am
Lucknow: Reliance Industries Limited (RIL) Chairman Mukesh Ambani on Friday said that his firm would make an additional investment of Rs 75,000 crore in the country's third largest state Uttar Pradesh in the next four years, which would create more than one lakh new employment opportunities.
Mukesh Ambani to buy stake in US businessman Josh Kushner's Thrive Capital: Report
Jan 26, 2023, at 02:11 am
Reliance Industries Ltd (RIL) chairman Mukesh Ambani is joining a group of global billionaires to buy a stake in Thrive Capital, the venture-capital firm founded by Josh Kushner, Bloomberg reported.
Mukesh Ambani's youngest son Anant gets engaged to Radhika Merchant, wedding announcement soon
Dec 30, 2022, at 02:19 am
Mumbai/IBNS: Billionaire industrialist Mukesh Ambani and his wife Nita's youngest son Anant Ambani got engaged to Radhika Merchant, the daughter of Viren and Shaila Merchant on Wednesday, in the presence of close family and friends.
RIL chairman Mukesh Ambani says Indian economy to grow 13-fold to $40 trillion by 2047: Report
Nov 23, 2022, at 06:08 am
Gandhinagar: India is likely to become a $40 trillion economy by 2047—a 13-fold jump from its current size—on the back of, primarily, a clean energy revolution and digitalisation, Reliance Industries Chairman Mukesh Ambani said on Tuesday, media reported.
Meta, Jio platforms collaborate to launch JioMart shopping services on WhatsApp
Aug 30, 2022, at 06:40 am
Mumbai/IBNS: Meta and Jio Platforms Monday announced the launch of the first-ever end-to-end shopping experience on WhatsApp, where consumers can shop from JioMart right within their WhatsApp chat.
Mukesh Ambani outlines businesses to be helmed by each of his 3 children in Reliance
Aug 30, 2022, at 03:18 am
Billionaire industrialist Mukesh Ambani has outlined the businesses each of his three children will oversee during Reliance Industries Ltd.'s annual shareholder meeting, declaring his company's successors clearly for the first time.
Reliance Jio 5G in key metros by Diwali, pan-India by 2023, says Mukesh Ambani
Aug 29, 2022, at 11:29 pm
Mumbai: Reliance Industries Ltd (RIL) Chairman and Managing Director Mukesh Ambani on Monday announced the launch of Jio 5G services in key metro cities of Delhi, Mumbai, Kolkata, and Chennai by Diwali this year.
5G spectrum auction ends, govt nets Rs 1,50,173 Cr with Jio sweeping lion's share
Aug 02, 2022, at 05:03 am
New Delhi/IBNS: The Centre netted Rs 1,50,173 crore from the 5G spectrum auction which ended on Monday with billionaire Mukesh Ambani's Reliance Jio sweeping up the lion's share for the 5G spectrum.
Adani Group to join race for 5G Spectrum with Jio, Airtel
Jul 10, 2022, at 03:23 am
Mumbai: Billionaire Gautam Adani-led Adani Group will enter the race for acquiring 5G spectrum rights in India, where it will be competing with existing telecom giants -- Mukesh Ambani's Reliance Jio, Sunil Mittals' Airtel.
Reliance Retail to bring Gap products in India; signs long-term franchise pact
Jul 07, 2022, at 04:20 am
Mumbai: Reliance Retail Ltd has inked a long-term franchise agreement with American fashion brand gap Inc to sell its products to India, the company said on Thursday.
Mukesh Ambani ventures into F&B retail, brings London-based sandwich outlet Pret A Manger to India
Jul 02, 2022, at 07:34 pm
Mumbai/IBNS: Reliance Brands Ltd (RBL) has entered into a strategic partnership with Pret A Manger, a British sandwich and coffee chain, to launch and establish the brand in one of the biggest retail markets India.
Reliance Jio: Mukesh Ambani resigns; Akash Ambani named new chairman
Jun 29, 2022, at 12:28 am
Mumbai: The Reliance Jio board named Akash Ambani as the new chairman on Tuesday, a day after Mukesh Ambani's resignation from the post of company director came into effect.
Reliance Jio Q4 profit jumps 24 pc to Rs 4,173 cr
May 07, 2022, at 02:28 am
Mumbai: Mukesh Ambani-led Reliance Jio Infocomm on Friday reported a 24 percent increase in standalone net profit to Rs 4,173 crore in the quarter ending March 2022 as compared to Rs 3,360 crore in the same period last financial year.
Mumbai: Reliance to launch luxury shopping mall for India's richest buyers
Apr 28, 2022, at 01:21 am
Mumbai: Eyeing India's growing western luxury brand market, billionaire Mukesh Ambani-led Reliance is planning to open a mega shopping mall that will be a shopping paradise for India's uber-rich, Reuters reported.
RIL becomes first Indian company to cross Rs 19 trillion in market cap
Apr 27, 2022, at 07:07 pm
Mumbai: Reliance Industries Ltd (RIL) has become the first-ever Indian company to cross a market capitalization (m-cap) of 19 trillion or 19 lakh crore as the company's stock hit record hit a record of Rs 2,827.10 on BSE, up 1.7 percent intraday, said media reports.
Lenders vote against Future Group's proposed deal with Reliance
Apr 23, 2022, at 04:21 pm
Future Group's plan to sell its retail and wholesale assets to Reliance Retail failed after the majority of the lenders of the flagship Future Retail Ltd (FRL) voted against such a takeover by Reliance, media reports said.
Ukraine War: Mukesh Ambani's RIL supplying diesel to Europe from Jamnagar refinery
Mar 11, 2022, at 07:06 pm
Mukesh Ambani-led Reliance Industries is sending shipments of diesel to Europe amid a global energy crunch spurred by Russia’s invasion of Ukraine, media reports said.
India's clean energy export likely to rise to $500 billion in next 20 yrs: Mukesh Ambani
Feb 24, 2022, at 06:22 am
India's export of clean energy is likely to rise to $500 billion over the next 20 years, emerging as a global green energy superpower, Reliance Industries chairman Mukesh Ambani said Wednesday, according to media reports.
Gautam Adani overtakes Mukesh Ambani to become Asia's richest person
Feb 08, 2022, at 06:24 pm
Mumbai/IBNS: Billionaire businessman Gautam Adani overtook his closest competitor in the Indian market, Mukesh Ambani, to become Asia's richest person, media reports said.
Amazon files fresh law suits in dispute with Future group: Report
Jan 10, 2022, at 03:36 am
New Delhi/IBNS: Amazon has approached the courts challenging the recent decisions in its protracted legal dispute with Kishore Biyani-led Future Group after the Competition Commission of India suspended a 2019 deal between the two sides, leading to a halt in their arbitration, Reuters reported on Sunday citing sources.
Reliance buys iconic hotel Mandarin Oriental New York
Jan 09, 2022, at 06:41 am
New Delhi/UNI: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Saturday announced that one of its group firms has signed a $ 98.15 million deal to acquire a Cayman Islands firm that owns iconic luxury hotel Mandarin Oriental New York in New York City.
RIL raises $4 bn in largest-ever foreign currency bond
Jan 06, 2022, at 10:09 pm
New Delhi/UNI: As part of its mega dollar-denominated bond issue, Mukesh Ambani-led Reliance Industries Ltd (RIL) has raised $4 billion joining a select group of issuers from Asia to have made jumbo bond issuances.
Mukesh Ambani opens up about succession of Reliance Industries for the first time
Dec 30, 2021, at 12:41 am
Mumbai/IBNS: Reliance Industries Chairman, Mukesh Ambani has opened up about succession for the first time. The 64-year-old richest Indian said he wants to accelerate the process of leadership transition with the seniors including him making way for the new generation.
Reliance, Saudi Aramco to re-evaluate proposed investment in O2C business
Nov 20, 2021, at 06:22 pm
Mumbai/IBNS: Reliance Industries Ltd and Saudi Aramco have mutually decided to re-evaluate the latter's proposed investment in the oil-to-chemicals (O2C) business of the Indian conglomerate.