Mukesh Ambani's company aims to open its own manufacturing plants, expanding Wyzr's product range to include TVs, washing machines, refrigerators
RIL's board on Monday recommended a dividend of Rs 10 per fully paid-up equity share for FY24, subject to the approval of the company's members at the ensuing annual general meeting
The Reliance Industries chairman and managing director Mukesh Ambani was born on April 19, 1957 in Yemen to Dhirubhai Ambani and Kokilaben Ambani and owns total assets worth $113 billion
The airfield in Jamnagar was designated an international airport for the five-day event celebrating Anant Ambani's engagement with Radhika Merchant
Mukesh Ambani retained his position as the ninth richest person in the world and both India's and Asia's richest person in 'Forbes World's Billionaires List 2024: The Top 200'
In the first collaboration between rival billionaires, Mukesh Ambani's Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh power project of Gautam Adani, and signed a pact to use the plants' 500 MW of electricity for captive use. Reliance will pick up 5 crore equity shares in Mahan Energen Ltd, a wholly owned subsidiary of Adani Power Ltd, of face value Rs 10 at par (Rs 50 crore) and will use 500 MW of generation capacity for captive use, the two firms said in separate stock exchange filings. The two businessmen hailing from Gujarat have often been pitted by media and commentators against each other but they have for years tiptoed around each other to reach the top two rungs of Asia's wealth ladder. With Ambani's interests spanning oil and gas to retail and telecom and Adani's focus on infrastructure spanning sea ports to airports, coal and mining, they rarely crossed each other's path except in the clean energy business where the two have announced multi-billi
In a first, the business houses run by Mukesh Ambani and Gautam Adani have entered into an investment agreement, under which Reliance Industries Ltd (RIL)
Richest Indian Mukesh Ambani on Saturday said the business community has the responsibility to build a stronger and more inclusive India. Addressing an event organised by the Gems and Jewellery Exports Promotion (GJEPC) here, the chairman and managing director of Reliance Industries also exuded confidence that the industry will reach its goal of touching USD 100 billion in exports in the next few decades. "All of us collectively in the business community have a responsibility to build a stronger, better and more inclusive India to fulfil the vision and the goal that our PM has set for us, that of a Viksit Bharat, a fully developed India in the next decades," he said. Ambani congratulated the gems and diamonds industry for the work they have done over the past few decades to reach USD 40 billion in exports and create over 50 lakh jobs in the country. From modest beginnings, the industry led by people from Palanpur made big strides, Ambani said, stressing that he is "proud" of the ...
First instance of the two biz houses collaborating
Shares of Reliance Industries Limited were in heavy demand on Wednesday, rising nearly 4 per cent, with its market valuation again crossing the historic Rs 20 lakh crore mark. The bellwether stock jumped 3.60 per cent to settle at Rs 2,987.85 apiece on the BSE. During the day, it zoomed 4 per cent to Rs 2,999.90. On the NSE, it climbed 3.48 per cent to Rs 2,983.75 per share. The company's market capitalisation (mcap) jumped by Rs 70,039.26 crore to reach Rs 20,21,486.59 crore. In volume terms, 4.71 lakh shares of the company were traded on the BSE and over 81.63 lakh shares on the NSE during the day. Rally in the stock was instrumental in driving the markets higher. The 30-share BSE Sensex jumped 526.01 points or 0.73 per cent to settle at 72,996.31. The NSE Nifty went up by 118.95 points or 0.54 per cent to 22,123.65. "The gains were led by industry heavyweight Reliance Industries and other energy stocks owing to a drop in crude oil prices," Avdhut Bagkar, Technical and Derivati
Country added 94 new billionaires in 2023, the most for any country after the United States
Royal diet for elephants at the Radhe Krishna Temple Elephant Welfare Trust (RKTEWT). They get to eat Khichdi, roti, pallets, etc. Vantara shared their daily diet chart here
Anant-Radhika pre-wedding: The final night of Anant Ambani and Radhika Merchant belongs to Mukesh Ambani and Nita Ambani who performed Bollywood acts. Watch videos here
During the opulent pre-wedding celebrations of Anant Ambani and Radhika Merchant, Mark Zuckerberg and his wife were seen being fascinated by Anant's $1 million Richard Mille watch
The Airports Authority of India (AAI) has permitted the airport to handle international flights from February 26 to March 6
Film superstars Amitabh Bachchan, Rajinikanth, Sanjay Dutt and Senegalese-American singer Akon were among the celebrities who arrived in Jamnagar in Gujarat on Sunday to attend the pre-wedding festivities of billionaire industrialist Mukesh Ambani's son Anant Ambani and Radhika Merchant. Others who arrived at the coastal city included Bachchan's daughter Shweta Bachchan Nanda, singers Shaan, Shreya Ghoshal and Arijit Singh as well as DJ Chetas. Dutt, who was seen wearing a pink short kurta and brown cargo pants, arrived on the final day of the three-day festivities which began on March 1 and has so far seen the attendance of the who's who of the country, including actors Shah Rukh Khan, Salman Khan, Aamir Khan, Ranveer Singh and Deepika Padukone. Among industry leaders who have taken part in the pre-wedding festivities are Bill Gates, Mark Zuckerberg, Larry Fink, Gautam Adani, N Chandrasekaran, Kumar Mangalam Birla and Ajay Piramal. Sachin Tendulkar and Mahendra Singh Dhoni were ..
There were also solo performances by Shah Rukh and Salman at the pre-event celebration
In her first performance in India, pop star Rihanna set the stage on fire at the day one of the lavish pre-wedding event of billionaire Mukesh Ambani's son Anant and his fiancee Radhika Merchant. The international music sensation, who belted out hit songs such as "Diamonds", "Where Have You Been", "Rude Boy" and "Pour it Up", had Indian film celebrities like Shah Rukh Khan-Gauri Khan, Ranveer Singh-Deepika Padukone, Shreya Ghoshal and Shiamak Davar grooving to her tunes. Dressed in a shimmering body-hugging fluorescent green and pink outfit, Rihanna put up her best moves and also interacted with the audience at the grand event, which is being held over three days at a residential township situated close to Reliance Industries Ltd (RIL)'s petroleum refinery near Jamnagar city. The 38-year-old singer-songwriter thanked the Ambanis for making her a part of the family affair. "Thanks to the Ambani family I'm here tonight in honour of Anant and Radhika. Thank you for having me here. God
The airport, which is a civil enclave in an Indian Air Force base with no parking space, is managing an estimated 400 charter flights between Friday and Monday
Anant Ambani, who is the youngest son of Asia's richest man Mukesh Ambani, is set to tie knot with Radhika, the daughter of businessman Viren Merchant