Page 50 - Mukesh Ambani

Future goes to RIL: Biyani, pioneer of retail, bows to winds of change

Biyani (59), who started his business in 1987 by launching Manz Wear which later adopted the brand name of Pantaloon, has agreed to hand over the control of his retail empire to relatively new entrant

From Bezos to Musk: World's richest people smashed wealth records this week

This week marked just the latest boon for the personal fortunes of the richest of the rich, whose red-hot growth has been largely driven by surging markets, particularly for tech shares

JioMart sees order flow at four times of pre-lockdown period for kiranas

Robust omni-channel network in the offing, says Reliance Retail's FY20 annual report

Amazon's Jeff Bezos becomes the first person ever worth $200 billion

Musk extends an extraordinary stretch of wealth gains to become a centibillionaire

Sun TV's Kalanithi Maran, wife Kavery highest-paid executives in FY20

The promoters had decided to keep their salaries at the current level three years ago.

A worrying trend: India's new economy can not be a monopoly board

Just as opening up the economy in the 1990s was a windfall for the current generation of middle-class Indians, excessive economic concentration will be a headache for the next

Future Enterprises board likely to discuss merger plan on Saturday

RIL may pick up 50% in merged entity

Chemists' body writes to Mukesh Ambani against RIL's investment in Netmeds

The letter has also been addressed to Prime Minister Narendra Modi, Union Home Minister Amit Shah, Commerce and Industry Minister Piyush Goyal and other top ministers and government officials.

From telecom to retail, RIL splurges $3.1 bn in 3 years on acquisitions

Netmeds latest in long list of firms in which it has picked up stakes

Retail to insurance: Amazon, Ambani's Jio prep for 'one fierce battle'

Jeff Bezos regards India as a key frontier for Amazon; he faces a homegrown champion backed by some of his fiercest US rivals

RIL picks majority stake in Netmeds: How it became 'India ki pharmacy'

Promoted by Dadha Pharma, Netmeds is one of the earliest players in online pharmacy having incorporated in 2015

RIL shares gain nearly 1.5% post acquisition of majority stake in Netmeds

RIL's acquisition comes at a time when arch-rival Amazon has just started selling pharmaceutical products in Bangalore markets.

Reliance Retail acquires majority stake in Netmeds for Rs 620 crore

This investment represents 60 per cent holding in the equity share capital of Vitalic and 100 per cent direct equity ownership of its subsidiaries

Richest Asian, Mukesh Ambani is on a shopping spree in race against Amazon

Reliance Industries Ltd is in various stages of negotiations to either buy out or purchase stakes in Urban Ladder, Zivame, Netmeds

Jio tells SC it paid Rs 195 cr as AGR dues, including for spectrum sharing

It said there is no question of one operator paying the Adjusted Gross Revenue (AGR) related dues of another firm, as suggested by the apex court earlier, and it has cleared all its dues

Top headlines: Shah admitted to AIIMS, no transfer from PM Cares to NDRF

Here are the top headlines of the day

25% equity plans make less than 5% allocation to Reliance Industries

The Mukesh Ambani-led firm's stock has more than doubled from its March lows and quadrupled since December 2016

Covid-19 is the most disruptive event in modern history: Mukesh Ambani

Ambani and his wife Nita e-launched the book via JioMeet - The Corona Virus: What You Need to Know About the Global Pandemic - by three medical experts

ByteDance in talks with Reliance for investment in TikTok: Report

The government in June banned 59 Chinese apps, including TikTok and WeChat, for threatening its "sovereignty and integrity" after border tensions with China

Reliance plans to follow Jio's success in e-commerce, retail, other biz

Next on the list: media and entertainment, e-commerce, a series of online businesses, and retail