The announcement outlines a clear transfer of wealth by the 65-yr-old tycoon, who was embroiled in a bitter inheritance dispute with his younger brother after their father died in 2002 without a will
Business Standard brings you top news of the evening
The Central government has moved the Supreme Court challenging a Tripura HC order entertaining a PIL against the security cover given to Reliance Industries chairman Mukesh Ambani and his family
Under the 'Invest Rajasthan' outreach programme, Rajasthan received the biggest investment pledges from Gautam Adani-led Adani Group and the Mukesh Ambani-chaired Reliance Industries Ltd
As part of the push, Reliance Industries also plans to bid for any production-linked incentives the government may offer to encourage the technology
A tougher global e-commerce environment and repeated policy and regulation problems are raising questions about the company's India expansion plans
The brokerage firm cites a positive earnings revision cycle ahead, given the strong refining and gas environment, for the ratings upgrade.
Its lead in adding factory assets has widened even as states like Tamil Nadu do better on other parameters in nationwide competition for investments
The spoils from the digital rights for Indian Premier League cricket, snagged by billionaire Mukesh Ambani's Viacom18 by dethroning Walt Disney & Co. for the next five years
Two of the world's richet men, Jeff Bezos and Mukesh Ambani are set to clash over media rights of the Indian Premier League, which has a brand value of almost $6 billion
Jeff Bezos, Mukesh Ambani's companies are expected to be the top two contenders at a June 12 Indian Premier League auction, which is likely to lure several bidders
As of June 3, Reliance Industries' (RIL's) chairman's net worth was $99.7 billion, while the wealth of Adani Group's founder stood at $98.7 billion
Mukesh Ambani on Friday regained his spot as Asia's richest man, surpassing his rival Gautam Adani, as a report said that the difference between the two billionaires was 'just $1 billion
Reliance Industries chairman Mukesh Ambani's net worth was $99.7 billion as of June 3, according to Bloomberg's Billionaires Index
Reliance Industries Ltd spent a record Rs 1,184.93 crore in fiscal year ended March 31 on corporate social responsibility (CSR) initiatives
The Narcotics Control Bureau on Friday cleared Aryan Khan, son of Bollywood actor Shah Rukh Khan, of all charges in the drugs-on-cruise case.
While both would like markets to reward them for scripting India's future in renewable energy, what's ticking for them right now is all the polluting stuff in short supply
Post Davos, the Commerce and Industry Minister will travel to UK for trade talks
In final bids for Boots, billionaires, and owner of UK's retail ASDA Group, Issa Brothers, are in the race with TDR Capital, a British private equity firm, and will be the front-runners.
The country's top 50 promoter families earned Rs 709.4 crore on average from their companies in FY22, while the median income of these promoters was Rs 123.2 crore in the last fiscal