Page 13 - Mukesh Ambani

Reliance Retail Ventures plans expanding in diagnostic healthcare: Report

Company said to be considering acquiring majority stake in dedicated diagnostic services firm

Why didn't PM take action if Ambani, Adani were sending black money: Kharge

Congress president Mallikarjun Kharge on Saturday lashed out at Prime Minister Narendra Modi, questioning why did his government not take any action if, as per his allegation, industrialists Mukesh Ambani and Gautam Adani were sending black money to the grand old party. Addressing an election rally in Bihar's Samastipur, Kharge asserted that Modi could become the prime minister of India only because Congress fought for its Independence. "PM Modi says we are silent on Ambani and Adani, we are not... I am asking why did his government not take any action if, according to his allegation, we received black money from these industrialists? Is it because they themselves received black money?" Kharge alleged. Recalling the contributions of Congress for the country, he said former prime ministers Indira Gandhi and Rajiv Gandhi sacrificed their lives for the unity of the country and Indians got the right to exercise franchise due to struggles of Mahatma Gandhi and Rajendra Prasad, among

Digvijaya slams PM Modi for accusing Cong of taking money from Adani-Ambani

Senior Congress leader Digvijaya Singh on Thursday attacked Prime Minister Narendra Modi for accusing the opposition party of taking money from "Adani and Ambani". Speaking at a rally in Telangana on Wednesday, PM Modi accused the Congress of having a "deal" with Ambani and Adani, and asked if the party has received "tempo loads of black money" from the two businessmen for its leader Rahul Gandhi to stop "abusing" them. "I want to ask from Telangana soil, let the 'shehzada' announce, how much has been lifted from Ambani-Adani. Has tempo loads of money reached the Congress? What deal has been arrived at that abusing Ambani-Adani has stopped overnight?" the PM said while addressing an election rally at Vemulawada in Telangana. Hitting back, Singh, addressing a rally in Ratlam, said, "Modiji said Ambani and Adani have sent money to Congress. Then were the Enforcement Directorate, CBI napping? We are ashamed of calling him our PM. He is not true even to Adani and Ambani." Modi promised

Rahul Gandhi's stance on Adani and Ambani: Silence or vocal opposition?

Over the past week, Congress leader Rahul Gandhi has consistently referenced 'Adani and Ambani' in almost every public address

How to trade Ambani, Adani stocks before Lok Sabha election outcome?

Caution advised at Ambani and Adani group stocks, as Reliance, Jio Fin, Adani Enterprises and Adani Ports trade at key support levels, show technical charts.

Reliance acquires petrochemicals step-down subsidiary for Rs 314 cr

Reliance Industries Ltd on Wednesday said it has acquired a step-down subsidiary engaged in the manufacture of petrochemicals and hydrogen, for Rs 314.48 crore. In a stock exchange filing, the firm said Reliance Chemicals and Materials Ltd (RCML) is a step-down wholly owned subsidiary of the Company through Reliance Projects & Property Management Services Ltd (RPPMSL). "It is proposed to make RCML a direct wholly owned subsidiary and hence, the company has today, at around 3:15 p.m., acquired a 100 per cent equity stake of RCML from RPPMSL for an aggregate consideration of Rs 314.48 crore," it said. RCML was incorporated in India on November 2, 2022, to undertake the business of manufacturing petrochemicals, vinyls, hydrogen & its derivatives, rare and industrial gases, bio-energy products and carbon fibre. "The transaction is between the company and its wholly-owned subsidiary and hence a related party transaction. It is on arm's length basis," Reliance said adding no ...

Deal signed? Why is Shehzada silent on Adani-Ambani, demands Modi

Congress labels BJP 'tempo of corruption', says PM nervous after three phases of polls

Watch: Congress hits back at PM Modi's 'Adani-Ambani' jibe with this video

Congress releases a 47-second video features five clips of Rahul Gandhi raising questions about Modi's relationship with Adani, with the latest hit dated May 7

PM Modi to Congress: How much black money did you get from Adani-Ambani?

Prime Minister Narendra Modi asked if the Congress had received huge sums of money from Ambani-Adani since Rahul Gandhi stopped attacking them suddenly

Modi made 22 billionaires, INDIA bloc will make crores of 'lakhpati': Rahul

Congress leader Rahul Gandhi on Tuesday criticised Prime Minister Narendra Modi, alleging that he wanted to hand over 'Jal, Jungle, Jameen' belonging to tribals to industrialists. Addressing an electione rally in Jharkhand's Chaibas, Gandhi promised to make crores of people 'lakhpati' if voted to power. Asserting that this Lok Sabha election is for saving the Constitution and the rights of tribals, poor and backward, he said INDIA bloc leaders were ready to sacrifice their lives to save the Constitution. The former Congress president said, "PM wants to handover tribals' 'Jal, Jungle, Jameen' to 14-15 industrialists...he made 22 people billionaires in his 10-year tenure... We will make crores of lakhpatis if voted to power and provide Rs 1 lakh annually to poor women." He also promised to provide one-year apprenticeship to unemployed diploma holders and graduates.

BofA upgrades Voda Idea stk; telcos may up tariff by 20-25% post LS polls

However, the Vodafone Idea stock is not a 'buy' yet as BofA awaits further clarity on funding position improvement post fiscal 2025- 26 (FY26) as the spectrum moratorium ends

Jio Financial set to hire StanChart India consumer banking head Kusal Roy

Jio Financial Services Ltd has been actively recruiting talent as part of its expansion effort

RIL to boost homegrown Wyzr brand in Indian consumer electronics market

Mukesh Ambani's company aims to open its own manufacturing plants, expanding Wyzr's product range to include TVs, washing machines, refrigerators

RIL Q4 results: Profit falls 1.8% to Rs 18,951 cr, Rs 10 dividend announced

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

Mukesh Ambani's 67th birthday: Inspirational quotes from the billionaire

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

Ambani's Jamnagar pre-wedding bash: IAF helped manage 600+ jets in 5 days

The airfield in Jamnagar was designated an international airport for the five-day event celebrating Anant Ambani's engagement with Radhika Merchant

Forbes billionaires list: Ambani richest Asian with net worth of $116 bn

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'

Ambani-Adani collaboration: RIL picks 26% stake in Adani Power project

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

Watch: Collaboration between Ambani's RIL and Adani Power

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)

Businesses have responsibility to build strong, inclusive India: Ambani

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 ...