Mukesh Ambani

Mukesh Ambani's promise to investors on Jio IPO to be tested this week

Shareholders of the energy-to-entertainment conglomerate will hear updates from Ambani on Friday at the company's 49th annual general meeting

Jio IPO details, data centre strategy: Expectations from RIL's 49th AGM

RIL's annual report, according to CLSA, highlights the company's ambition to leverage AI offerings, plans to expand data centre capacity, along with progress in new energy.

As trillion-dollar fortune beckons Musk, how far behind are the rest

SpaceX's blockbuster IPO could make Elon Musk the world's first trillionaire. Here's a look at the wealthiest people globally and in India

Mukesh Ambani's Reliance Group enters Mumbai slum redevelopment sector

The tender also attracted bids from metals giant JSW Group and conglomerate Shapoorji Pallonji Group

Ambani-backed robot startup Addverb seeks $100 million to lead in India

Addverb, whose robots handle sorting, material movement and other tasks at logistics firms, warehouses and electronics companies, is scouting for more capital after expanding in various markets

TikTok founder surpasses Mukesh Ambani to become Asia's 2nd richest person

Zhang's net worth climbed to $92.8 billion, cementing his position as China's richest person

Reliance Industries flags 'extreme volatility' risks from West Asia crisis

Near-term retail demand may stay sensitive to macro conditions

$4 billion Jio IPO hits roadblocks on impact of West Asia conflict

Reliance Industries has reportedly slowed preparations for the potential IPO of Jio Platforms amid market volatility and geopolitical tensions linked to the Iran conflict

Reliance turns to CATL as Chinese tech curbs hit battery ambitions

Reliance is in talks with CATL and other Chinese suppliers for battery components as Beijing's tightening tech curbs reshape its clean energy ambitions

Reliance may offer all new shares in Jio IPO in major U-turn: Report

The u-turn was triggered by some Jio shareholders pushing for a higher price band, while the conglomerate favors a more conservative valuation to avoid listing-day losses for retail investors

Jio Platforms is moving 'steadily' towards IPO, says Mukesh Ambani

Jio Platforms net profit up 13% to ₹7,935 crore in Q4

India returns to Venice Biennale via journeys linking past with its future

While PPP are not new to Indian cultural initiatives, this edition is more formally organised, with a joint task force bringing together the ministry, NMACC and the Serendipity Arts Foundation

Adani overtakes Ambani to become Asia's richest with $92.6 bn net worth

Tycoon Gautam Adani has overtaken fellow Gujarat business czar Mukesh Ambani to become Asia's richest person, as a sustained rally in shares of his ports-to-energy conglomerate lifted his net worth. With a net worth of USD 92.6 billion, Adani surpassed Ambani, whose fortune stands at USD 90.8 billion, to become the richest person in India and Asia, according to the latest billionaire rankings. Adani, founder of his eponymous group, oversees India's largest private seaport network, is the country's biggest renewable energy producer and private airport operator, and ranks among the world's largest coal traders. He is currently ranked No. 19 on the Bloomberg Billionaires Index, which tracks the world's 500 richest individuals and is updated daily. Adani's wealth is largely derived from his shareholdings across the group's 10 listed companies. A recent surge in Adani Group stocks has added billions of dollars in market value, underscoring strong investor appetite for assets linked to .

High Court quashes petition against Mukesh Ambani & RIL, fines complainant

Court calls complaint a gross abuse of legal process, sets aside summons issued against Reliance and Mukesh Ambani, and imposes a fine on the complainant

'It will open floodgates': HC dismisses complaint against Mukesh Ambani

Court dismisses complaint against Ambani over faulty Rs 501 handset sold over two decades ago, ruling criminal law cannot be used to target top officials without direct liability

Reliance Retail 7th among top 100 VC-backed private firms globally: Study

Reliance Retail ranks 7th globally among private firms, as India places three companies in the top 100 dominated by AI giants

JioStar ends IPL broadcast deal in Bangladesh after local partner defaults

Though Bangladesh is reviewing the ban and had said any further steps will depend on opinion of its sports ministry, termination by JioStar means there will be no local broadcaster for the IPL season

HC junks plea seeking CBI probe against RIL over illegal gas extraction

The Bombay High Court on Friday dismissed a petition seeking a CBI probe against Reliance Industries Limited and its chairman and managing director Mukesh Ambani for alleged unlawful extraction of natural gas from ONGC's Krishna-Godavari basin fields. A bench of Chief Justice Shree Chandrashekhar and Justice Suman Shyam refused relief to the petitioner Jitendra Maru who had sought registration of an FIR for the offences of theft, dishonesty, misappropriation and criminal breach of trust. A copy of the order was not yet available. As per Maru, RIL allegedly engaged in a "massive organized fraud" from 2004 to 2013 by drilling sideways from its contracted deep-sea wells into the adjacent Oil and Natural Gas Corporation (ONGC) wells, thus illegally extracting natural gas. The petition claimed that the ONGC had discovered this alleged unauthorised extraction in 2013 and had reported it to the Government of India. Maru in his plea relied on an independent investigation conducted by ...

Reliance Jio woos investors to sell 8% of individual stakes in IPO

Ambani's Jio Platforms is set to file for approval of its IPO in Mumbai as early as this week

Reliance Jio hires 17 banks for IPO, plans no fresh fundraise: Report

The IPO will be executed as a so-called "offer for sale" in India, three of the sources said, where only existing shareholders sell their shareholding to public