Page 7 - Mukesh Ambani

Bengal Business Global Summit: Industrialists announce investment plans

West Bengal Chief Minister Mamata Banerjee wooed investors to the "smartest" and "safest" state with promises galore. The investors, too, did not disappoint

Reliance to invest Rs 50,000 crore in West Bengal by 2030: Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani on Wednesday announced a fresh investment commitment of Rs 50,000 crore in West Bengal by the end of this decade. Speaking at the Bengal Global Business Summit (BGBS) 2025, Ambani said the investment would generate one lakh jobs in the state. "Reliance has already invested Rs 50,000 crore in Bengal over the last decade. Rs 50,000 crore more will be invested by the end of this decade. Our investment will span over multiple sectors, including digital services, green energy, and retail," he said. Ambani reaffirmed Reliance's commitment to driving economic growth in the state, highlighting its role in transforming Bengal's business landscape.

Ambani's Reliance Retail brings Shein back to India after 2020 app ban

Shein India Fast Fashion app represents a departure from Reliance's strategy of adding brands to its flagship fashion app Ajio - whose offering includes Superdry and Gap

Use ChatGPT but don't give up critical thinking: Mukesh Ambani to students

Use your intelligence to move forward in life, said Reliance Industries (RIL) chairman Mukesh Ambani while addressing students at the convocation event of Pandit Deendayal Energy University

India's AI push: Reliance to build world's largest data centre in Jamnagar

Reliance Industries, in partnership with Nvidia, plans to build the world's largest AI data centre in Gujarat, marking a milestone in India's AI journey and digital infrastructure growth

Billionaires at Trump's inauguration hold wealth equal to 1/3 India's GDP

World's richest men: Elon Musk, Mark Zuckerberg, Jeff Bezos, Mukesh Ambani, and Bernard Arnault all attended various inauguration events

Amid Musk-Ambani row, India eyes satellite spectrum to attract global firms

Minister of Communications Jyotiraditya Scindia defends the decision to allocate satellite spectrum, aiming to boost consumer choices and attract global players, despite concerns from Reliance Jio

Reliance Industries focuses on cost control in O2C segment in Q3FY25

Fuel discounts, ditching low-margin products underway, says company

Jio Finance plans first local debt market foray amid tightening RBI rules

However, Jio will borrow from the local currency debt market first to leverage its top credit rating, the people said. Crisil Ratings graded its different debt facilities at AAA with a stable outlook

Q3 results preview: Weak O2C biz likely to drag earnings for RIL again

Analysts expect Q3FY25 to report continued weakness in O2C earnings

Adani surpasses Mukesh Ambani's RIL group firms in 2024 M&A deals

Listed entities of top five groups collectively account for 15.3% of total value

Antilia guard roasts content creators who tried to enter Ambani residence

Two content creators who claimed that his father owned 'Bali,' were denied entry to Ambani's Mumbai residence, Antilia. Here's all you need to know

Thanks to India's IPO surge, seven entrepreneurs become billionaires

Saluja is one of the four entrepreneurs in the renewable energy space whose personal fortunes have soared after their companies listed on the stock exchanges last year

Donald Trump to Sunita Williams: Who were the top newsmakers of 2024

From Mukesh Ambani hosting one of the most extravagant weddings to Gisele Pelicot's mass rape trial in France, here is a list of all the top newsmakers of 2024

RIL acquires healthcare startup Karkinos for Rs 375 cr in all-cash deal

Billionaire Mukesh Ambani's Reliance Industries has acquired technology-driven and oncology-focused healthcare platform Karkinos for Rs 375 crore, the firm said on Saturday. Reliance Strategic Business Ventures (RSBVL), a wholly-owned subsidiary of Mumbai-listed India's most valuable company, completed the acquisition of Karkinos Healthcare Pvt Ltd with allotment of requisite shares, the firm said in a stock exchange filing. Karkinos was incorporated in India on July 24, 2020, and is in the business of providing technology-driven innovative solutions for the early detection, diagnosis, and management of cancer. It had a turnover of about Rs 22 crore in the 2022-23 fiscal. "Reliance Strategic Business Ventures Ltd has on December 27, 2024, subscribed to and has been allotted 1 crore equity shares of Rs 10 each, for cash, aggregating Rs 10 crore and 36.5 crore optionally fully convertible debentures of Rs 10 each, for cash, aggregating Rs 365 crore of Karkinos," according to the ...

Here's how India Inc and industry leaders pay tribute to Manmohan Singh

Billionaire industrialist Gautam Adani described former Manmohan Singh as "a rare leader who spoke softly but achieved monumental strides through his actions"

Shein to re-enter Indian market after 4 years with Reliance's Ajio launch

Shein to re-enter Indian market after 4 years with Reliance's Ajio launch

Ambani, Adani exit Bloomberg's $100 billion club amid financial setbacks

Mukesh Ambani and Gautam Adani, once part of Bloomberg's $100 billion club, have dropped out as their fortunes fell below $100 billion amid business challenges, legal scrutiny, and market setbacks

GRAP III restriction in Delhi, inflation, and more

GRAP-III restrictions have been reimposed in Delhi and the national capital region due to "unfavourable weather conditions, including calm winds and low mixing height," the Commission for Air Quality

Mukesh Ambani names Ira Bindra as Group President for RIL human resources

Mukesh Ambani, the richest Asian, has announced the appointment of Ira Bindra as the new Group President of entire people, leadership and talent piece at Reliance Industries Ltd as he looks to pivot people policies at the oil-to-telecom conglomerate. Normally, its functional heads who make announcements on talent hiring at senior level and Bindra is the first in recent times whose appointment has been announced by Ambani, chairman and managing director of Reliance, himself. She has been hired to drive transformation across the entire organisation. With her appointment, HR transformation at an unprecedented level is expected at Reliance. "Bindra joins us from Medtronic, USA, where she was the Head of Human Resources & Vice President - Global Regions," Ambani said in an internal organisation announcement. Bindra, 47, will be the first non-family woman and the youngest to be on the all-powerful Executive Committee of the group. As Group President - People and Talent at Reliance, she