Page 59 - Mukesh Ambani

RIL tumbles nearly 13% to Rs 1,113.15 on weak petroleum demand outlook

Weaker crude indicates oversupply and could be supportive of margins; howeverm if the weakness is demand-related, it could have the opposite effect on margins

We are doing better than anybody in the world, says Donald Trump

One of the things we're doing, we're going to be announcing another tax cut in not so long a period of time, largely for middle-income people, said Trump in an interaction with Indian businessmen

Slowdown temporary, I'm very optimistic about next decade: Mukesh Ambani

Ambani said the coming decade presents a "historic opportunity" for businesses to excel

India added 3 billionaires each month in 2019; Mukesh Ambani richest

China and the US occupied the first and second spot with 799 and 626 billionaires, respectively

Satya Nadella, Mukesh Ambani talk changing landscapes of digital India

72 per cent software jobs are outside tech industry, said Nadella

India will become premier digital society: Mukesh Ambani at CEO Summit

He said the big change driving this transformation is the deepening of mobile networks which are working at a much faster pace than before

Ambani vs Chandra: Media convergence looks set for a new game of thrones

Reliance announced the merger of its various content, distribution, and media properties in its listed subsidiary Network18 earlier this week.

Trump to visit India on Feb 24-25, here's what India expects from him

According to the sources, Trump's business delegation with around 15 CEOs would represent sectors ranging from finance and banking to information technology and retail

RIL consolidates media biz: TV18, Hathway and DEN to merge into Network18

RIL's stake in Network18 would reduce to 64 per cent, from 75%, following the merger

AGR-hit Vodafone Idea postpones Q3 conference call with analysts

The Supreme Court on Friday directed the top echelons of telecom firms to explain why contempt action should not be taken against them for non-compliance of its AGR order

Companies likely to change dividend tax policy after Budget changes

Analysis of S&P BSE 500 companies suggests that promoters of Indian private-sector companies in particular could end up paying at least 20 per cent more as additional tax on the same dividend income

RIL approaches NHAI for offering waste plastic-to-road technology

Along with NHAI, RIL is also in talks with state governments and local bodies across the country for offering its technology, he said.

CRPF jawan in Mukesh Ambani's security dies as rifle goes off accidentally

The commando was rushed to a hospital where he died during treatment late at night, he said

A $21-billion telco war comes down to $2; consumers jump into the fray

The country's broken financial system would take a fresh hit; new 5G networks could be delayed; and the government's annual revenue from the sector might get squeezed

Energy to retail: Reliance is India's reply to Exxon, AT&T, Amazon combined

Billionaire Mukesh Ambani's Reliance Industries is India's answer to US giants Exxon, AT&T and Amazon - all rolled into one, Bernstein Research said on Tuesday. "Reliance has disrupted the energy and telecoms industry in India and is on the cusp of doing the same to retail, fintech, and media," it said in a report adding the company has an enviable track record of innovation and execution. For the oil-to-telecom conglomerate, energy remains core business and is expected to further expand as India is forecast to be the fastest-growing market for fuel and chemical products over the next decade, it said adding the company's partnership with BP of the UK and Saudi Aramco will support this. Reliance owns the world's largest single-site oil refining complex and has multiple petrochemical plants. Three years back it forayed into telecom business and has reached 34 per cent share of market revenue. "Based on the current net add run-rates it will likely reach 44 per cent share by the end ..

Aramco deal, more asset sale crucial for making RIL net-debt free: Analysts

For the December 2019 ended quarter, RIL turned free cash flow (FCF) positive, a reversal that most brokerage firms welcomed

RIL's earnings parity expected by FY22 in consumer, core business

This contributed a little less than 60% of Ebitda; analysts have also been changing their earnings estimates positively for the consumer business

RIL revenues decline 2.5% in Q3; Reliance Retail, Jio boost profit

RIL's net profit for October-December 2019 increased by 13.5 per cent to Rs 11,640 crore, beating street estimates

Mukesh Ambani set to build Alibaba-like $24-bn e-commerce giant for India

The move is the latest sign of the Reliance group's pivot towards data and digital services for future growth, as it builds an online platform to take on the likes of Amazon and Flipkart in India

Year in Review: How world's top 10 business personalities fared in 2019

The year 2019, a breakthrough year for business, saw both fortunes being built and destroyed. Business Standard lists top 10 business personalities from across the globe who made headlines in 2019