Page 33 - Mukesh Ambani

Reliance Industries expects bumper profits from global gas crunch

The conglomerate expects India in April to raise the price cap for its offshore gas sales by nearly 60% to around $10 per million British thermal units

Top headlines: RIL Q3 results, IDBI Bank sale after LIC IPO, and more

Reliance Industries Ltd on Friday reported a consolidated net profit of Rs 18,549 crore in the quarter ended December 2021

RIL Q3 results: Net profit jumps 42% to Rs 18,549 cr, beats estimates

Retail business quarterly revenue crosses Rs 50,000 cr

Reliance Industries may post strong growth in net profit, sales for Q3

The company's retail business is expected to witness a strong Ebitda mainly because of increased revenue, said brokerages

RIL to invest Rs 5.95 trn in Gujarat for green energy, other projects

The MoU entails an investment of Rs 5 trn in Gujarat over the next 10-15 years for setting up a 100 Gw Renewable Energy Power Plant and Green Hydrogen Eco-System

Mukesh Ambani's succession plan needs three superstar businesses

Having the family jointly oversee the whole may be a superior option to dividing up oil refining and petrochemicals, telecom and retail assets.

Reliance Jio plans its biggest bond to refinance financial liabilities

Mukesh Ambani's Reliance Jio Infocomm Ltd is planning its biggest ever rupee bond sale as it targets gains in market share

Reliance Industries arm acquires battery tech firm Faradion for GBP 100 mn

RIL will use Faradion's state-of-the-art technology at its proposed fully integrated energy storage giga-factory as part of the Dhirubhai Ambani Green Energy Giga Complex project in Jamnagar

RIL subsidiary acquires UK-based battery technology firm Faradion

Faradion Limited is a leading global battery technology firm that has patents of sodium-ion battery technology

Newsmakers: Neeraj Chopra to Harnaaz Sandhu, who all made headlines in 2021

High achievers in the corporate world; a media potboiler we could do without; and heartfelt goodbyes. 2021 had it all, but a year of renewal and hope was summed up best by olympic glory for the ages

What leadership transition means for Reliance Industries

Asia's richest man has announced a leadership transition at Reliance Industries. Ambani's children are already playing different roles in the company. Find out what this transition means for Reliance

Mukesh Ambani on succession: Reliance in middle of momentous transition

He said Reliance is "now in the process of effecting a momentous leadership transition."

Reliance is India's most-visible corporate in media: Wizikey report

Reliance Industries Ltd, India's largest corporate by revenues, profits and market value, topped 2021 Wizikey News Score ranking as India's most-visible corporate in the media. State Bank of India (SBI) is a close second on the ranking, followed by Bharti Airtel, Infosys and Tata Motors, according to Wizikey's News Score Report. Wizikey's News Score is the industry's first integrated metric that measures news visibility. The score is determined by the volume of news, headlines presence, reach of publications, and readership. Globally, Facebook is ranked No.1 on the index, followed by Alphabet Inc, which owns Google. Amazon is ranked at No.3 followed by Apple Inc, Samsung Electronics, Netflix and Microsoft. Reliance is ranked at No.8 on the global ranking. Others on the India list include HDFC at No.6, followed by HDFC Bank, TCS, Maruti Suzuki India, Vodafone Idea and ICICI Bank. NTPC is the highest-ranked state-owned firm on the list, coming in at No.13. The recognition to Relia

The five books that Mukesh Ambani says helped him make sense of 2021

Stuff your stockings with these recommendations from Asia's richest man

Reliance, partner looking to buy bankrupt textile company Sintex

Reliance is partnering with Assets Care & Reconstruction Enterprise Ltd. to bid for the company under a court-appointed bankruptcy resolution process, Sintex said in a filing on Sunday

Mukesh Ambani, wife Nita top list of power couples: IIHB annual survey

Ranveer Singh and Deepika Padukone followed the Ambanis at No 2

Use USO fund to subsidise smartphones, says Mukesh Ambani

As much as 5 per cent of the licence fee paid by telecom operators goes to the Universal Service Obligation (USO) Fund

Rolling out 5G should be national priority, says Mukesh Ambani

Ambani said affordability has been a critical driver of the phenomenally rapid expansion of the mobile subscriber base in India

New Energy another multi-decade growth engine for RIL: Goldman Sachs

As a strategy, Goldman Sachs expects RIL to focus first on the domestic markets given tariff and non-tariff protection, capex incentives and demand creation through regulatory support

In protest against Reliance, salesmen warn kiranas of supply disruptions

Company's deeply discounted offerings were prompting more stores to order their digitally from JioMart Partner app, posing an existential threat to more than 450,000 company salesmen.