Page 51 - Mukesh Ambani

Two-pronged strategy: Mukesh Ambani is coming for India's phones & wallets

At this month's AGM, Ambani promised to induct 'global partners and investors' in retail over the next few quarters

300 mn kept away from basic internet: Mukesh Ambani calls for scrapping 2G

Earlier, Ambani had announced that RIL's telecom arm Jio will strive to make India free of 2G by migrating from feature phones to an affordable smartphone

RIL slips nearly 2% after June quarter result; here's what brokerages say

For the April-June period, RIL reported a profit befote tax (PBT) of Rs 8,542 crore against Rs 14,366 crore in the year-ago period.

Reliance Jio pre-tax profit zooms 147% in June quarter, revenue up 33.7%

Ebitda for the June quarter grew 55.4 per cent to Rs 7,281 crore

RIL's pre-tax profit dips 40% as Covid-19 hits energy, retail businesses

Net profit surges 31%, boosted by exceptional gain of Rs 4,966 crore from BP transaction

Mukesh Ambani's trusted aide PMS Prasad pledges 94% of his shares

Prasad owned a total of 640,000 RIL shares and his compensation stood at Rs 11.15 crore in FY20.

Covid-19 likely to hit Reliance Industries' Q1 profit, say brokerages

An analysis of 12 brokerage research reports shows that expectations for RIL's net profit for the quarter ended June 2020 ranges from Rs 4,600 crore to Rs 8,083 crore.

Q1 results preview: Jio to steady RIL ship amid slowdown in retail, energy

Analysts estimate net profit to come down in 1st quarter

Reliance to pay up to Rs 27,000 cr for Future Group retail chains: Report

Reliance's existing retail operation already runs close to 12,000 stores, including a cash-and-carry wholesale business, in over 6,700 Indian towns and cities

Here's why CLSA and Edelweiss have downgraded Reliance Industries' stock

Edelweiss Securities notes that the stock's primary triggers - deleveraging, asset monetisation and digital momentum - have already played out.

Few parallels for RIL-like transformation in the world of business

One of the few in the league of RIL globally is the SoftBank Group, which has grown from being a PC software distributor and a telco to a technology-focused investor

Walmart's reverse merger with Flipkart may bulk up valuations ahead of IPO

The reverse merger may bulk up valuations ahead of an IPO in two years, but questions about the performance of the wholesale business remain

RIL now accounts for 10% of all BSE-listed companies' combined market cap

Thus far in the calendar year 2020 (CY20), RIL's market-cap has surged 49.8 per cent, or Rs 4.77 trillion, from Rs 9.59 trillion on December 31, 2019

RIL surges 5% to hit fresh record high; market-cap crosses Rs 14 trillion

According to reports, Amazon.com Inc is in talks to buy a 9.9 per cent stake in the company's retail arm.

RIL pips ExxonMobil, becomes world's second most valued energy firm

The oil-to-telecom conglomerate is now ranked 46th globally on market cap, according to stock market data

JioMart app goes live on Google PlayStore and Apple App Store: Details here

JioMart services are now available through smartphone app, web portal and WhatsApp

From Sukh Ram to Mukesh Ambani, here're the men who changed telecom

With a charge of Rs 18/min for voice calls to free voice calls now, and a burgeoning subscriber base, India's telecom sector has come a long way. We look at the men who made all of this possible

25 years since the first mobile call: Roller-coaster ride for telecom

It's been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies

The family way

Dynastic governance constrains India Inc

Mukesh Ambani now world's fifth richest: Check the top 10 list

Mukesh Ambani inched to the fifth position in the Forbes' global rich list as Reliance Industries' market capitalisation, topped the Rs 13-trillion mark