Page 48 - Mukesh Ambani

Mukesh Ambani tops IIFL Hurun Rich List for 9th year with Rs 6.58 trn asset

Mukesh Ambani, Chairman of Indias most valued firm Reliance Industries, continues to top the IIFL Wealth Hurun India Rich List 2020 for the ninth consecutive year, with a total wealth of Rs 6.58 trn

Reliance Retail receives Rs 7,500 cr from Silver Lake for a 1.75% stake

Mukesh Ambani's Reliance Industries Ltd on Saturday said it had received Rs 7,500 crore from US private equity firm Silver Lake Partners, which had picked up 1.75 per cent stake in its retail arm

RIL in talks to buy electronics chain in South, deal may hit Rs 3,000 cr

Electronics Mart runs 60 stores and has 1.200 employees; chain was started in 1980 by local businessman Pavan Kumar Bajaj as "Bajaj Electronics" and later changed its name

Factbox: Reliance raises $22.43 bn from stake sales at retail, digital arms

Reliance Industries has raised Rs 1.65 trillion over the past few months through stake sales at its digital unit Jio Platforms and its retail arm Reliance Retail Ventures

KKR to invest Rs 5,550 crore in Reliance Retail Ventures for 1.28% equity

Earlier, Silver Lake had invested Rs 7,500 cr into Reliance Retail Ventures, valuing the business at about Rs 4.2 trillion

RIL, TV18 Broadcast: How to trade Reliance group stocks post 2nd KKR deal

RIL soared 3 per cent to Rs 2,276.50 on the BSE on Wednesday in intra-day trade, after the company announced that global investment firm KKR will invest Rs 5,550 crore in Reliance Retail Ventures

Mukesh Ambani's next weapon to dominate telecom market is a Rs 4,000 phone

Ambani's company is in talks with domestic assemblers to make a version of its Jio phone that would run on Google's Android

Is the 'ageism' bias avoidable in business?

Creative (and increasingly tech) businesses are said to have an 'ageist' bias

RIL: Street's extreme reliance on single stock a cause for concern

A 164% surge in RIL accounted for 43% of the Sensex rally since March 23, making US equities look better

At $200-billion market capitalisation, Reliance Industries isn't like FAANG

Morgan Stanley analysed how the Mukesh Ambani-led firm stacked up against eight global firms when they crossed the $200-billion milestone

Reliance's dream run in the market has equity mutual funds worried

Money managers can't buy more of India's most valuable company as actively-run plans aren't allowed to own more than 10% of a single stock

For big tech, all roads to India's digital space seem to go through Ambani

The 63-year-old Indian tycoon has identified technology and retail as future growth areas in a pivot away from the energy businesses he inherited from his father

Mukesh Ambani's $2 chutzpah unlocks another fortune for Reliance Industries

In four years, the Indian billionaire has amassed roughly 400 million customers for his mobile data business

Can Reliance Industries' stock hit Rs 3,000 mark? Here's what charts say

As per the weekly chart, the counter looks highly bullish till Rs 2000 level is defended. It also indicates a substantial rally is likely to emerge once the counter crosses a minor hurdle of Rs 2,520

Reliance to offer $20-bn stake in retail business to Amazon: Report

Amazon hasn't made any final decision on the size of its potential investment, says Bloomberg

Middle East funds eye stakes worth over $750 mn in Reliance Retail: Report

The discussions come as Reliance earlier in the day said US private equity firm Silver Lake Partners will invest $1.02 billion in its retail business

KKR in advanced talks to invest $1 billion for stake in Reliance Retail

KKR is in discussions for a stake in Reliance Retail Ventures Ltd., a unit of the largest retailer in India, said the people, who asked not to be identified because the information isn't public

Silver Lake to invest Rs 7,500 cr in Reliance Retail for 1.75% equity

The investment in Reliance Retail comes a day after it led a $500 million funding round for Byju's that valued the Indian online education platform at around $10.8 billion

This techie helps businesses speak to Indians in their own languages

Arvind Pani's firm is the first in the world to launch an Indian language support on Android platform in 2011 in partnership with Qualcomm

Reliance Jio plans to roll out 100 million low-cost phones by December

These phones, which will be bundled with data packs, could be launched in December or early next year, sources in the know said