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Page 9 - Mukesh Ambani

Jio to launch "AI Cloud Welcome Offer" this Diwali, announces Mukesh Ambani

Reliance stated that it is developing a suite of AI-powered services collectively called JioAI. Among the first services to roll out will be JioPhone Call AI

Jio to launch "AI Cloud Welcome Offer" this Diwali, announces Mukesh Ambani
Updated On : 29 Aug 2024 | 3:29 PM IST

IPO-bound Reliance Retail grants ESOPs worth Rs 351 crore to top employees

The Mukesh Ambani-owned company is cemented as the largest retailer in India and has 304 million registered customers

IPO-bound Reliance Retail grants ESOPs worth Rs 351 crore to top employees
Updated On : 29 Aug 2024 | 11:28 AM IST

Jio IPO, new-energy biz update: Here's what to expect from RIL's 47th AGM

RIL AGM 2024: Given RIL's historical performance and the significant developments in its various business segments, investors have high expectations from the 47th AGM

Jio IPO, new-energy biz update: Here's what to expect from RIL's 47th AGM
Updated On : 28 Aug 2024 | 7:55 AM IST

Jio Financial secures approval to raise foreign investment cap to 49%

In May 2024, the company sought shareholder approval to raise the foreign investment threshold to 49% as part of a strategic initiative to attract significant foreign capital

Jio Financial secures approval to raise foreign investment cap to 49%
Updated On : 26 Aug 2024 | 12:12 PM IST

RIL AGM likely to focus on new energy business, Jio and Retail IPOs

1st AGM since Ambani family's next gen joined board

RIL AGM likely to focus on new energy business, Jio and Retail IPOs
Updated On : 25 Aug 2024 | 10:52 PM IST

RIL, Aditya Birla Group race to capture India's growing consumption market

Both companies' new businesses have emphasis on segments within the consumer space, with Aditya Birla Group recently announcing its entry into the jewellery retail space

RIL, Aditya Birla Group race to capture India's growing consumption market
Updated On : 22 Aug 2024 | 11:08 PM IST

Ambani takes Shein's help to battle Tata in race to sell affordable fashion

Reliance Industries Ltd. has poured more than $2 billion into its retailing unit over the past year

Ambani takes Shein's help to battle Tata in race to sell affordable fashion
Updated On : 20 Aug 2024 | 7:59 AM IST

Brand matters: Anil Ambani's firm moves NCLT against IIHL using 'Reliance'

According to the family agreement, the brand is owned equally by brothers Mukesh and Anil

Brand matters: Anil Ambani's firm moves NCLT against IIHL using 'Reliance'
Updated On : 19 Aug 2024 | 11:17 PM IST

Ambani family's wealth 10% of India GDP: Barclays-Hurun India report

Adani family, the most valued first-generation family business valued at Rs 15.45 trillion

Ambani family's wealth 10% of India GDP: Barclays-Hurun India report
Updated On : 08 Aug 2024 | 11:43 PM IST

JFSL to shape prosperous, inclusive financial future for India: Ambani

Jio Financial Services Ltd (JSFL) will lead the way in shaping a prosperous and inclusive financial future for India by focussing on technology and developing tailor made products, RIL Chairman and Managing Director Mukesh Ambani said. JFSL is a subsidiary of Reliance Industries Ltd (RIL). It is engaged in the business of investing and financing, insurance broking, payment bank and payment aggregator and payment gateway services. In a message to shareholders, Ambani said the company's focus remains firmly on innovation, growth, and fostering financial literacy across the nation. "We are expanding our portfolio of services, elevating user experience, and harnessing the power of cutting-edge technology to simplify and personalise financial management for our valued customers," he said in the inaugural Annual Report of JFSL released on Thursday. The mission is to revolutionise the way financial services are delivered and experienced in India and the company has laid a strong foundatio

JFSL to shape prosperous, inclusive financial future for India: Ambani
Updated On : 08 Aug 2024 | 11:22 PM IST

Ambani, Bajaj, Birla collectively hold $460 bn, equating to Singapore's GDP

India's most valuable family businesses are collectively worth a whopping Rs 6,009, 100 crore, as per anewly released report which has unveiled the country's most influential family-owned enterprises.

Ambani, Bajaj, Birla collectively hold $460 bn, equating to Singapore's GDP
Updated On : 08 Aug 2024 | 3:56 PM IST

Over half of Reliance employees under 30, women make up 21% of workforce

Reliance's total employee count stands at 347,362, of which 74,317 are women. Among the new joinees during FY24, a total of 41,092 were women

Over half of Reliance employees under 30, women make up 21% of workforce
Updated On : 08 Aug 2024 | 8:22 AM IST

Balance sheet consolidated, RIL ready for next level of growth: Ambani

Commenting on the global economy, Ambani said, 'In this world of volatility and uncertainty, India is shining as a beacon of stability and prosperity'

Balance sheet consolidated, RIL ready for next level of growth: Ambani
Updated On : 07 Aug 2024 | 11:02 PM IST

Reliance Chairman Mukesh Ambani draws nil salary for 4th yr in a row

Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fourth straight year in a row while his children earned a sitting fee and a commission for being on the board of India's most valuable company. Ambani, 67, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential. In 2023-24, he got 'nil' as salary, allowances, and perquisites as well as retiral benefits, according to the latest annual report of the company. Ambani, who has been on the board of Reliance since 1977 and was elevated as chairman of the company after the death of his father and group patriarch Dhiburhai Ambani in July 2002, was just last year re-appointed as the head of Reliance for another five-year term till April 2029 - a .

Reliance Chairman Mukesh Ambani draws nil salary for 4th yr in a row
Updated On : 07 Aug 2024 | 11:00 PM IST

Jio Studios garners Rs 700 cr from box office, action-packed year ahead

Jio Studios, the media and content arm of Billionaire Mukesh Ambani-led Reliance Industries, has garnered Rs 700 crore at the box office, according to the latest annual report of the oil-to-chemicals company. The company has an "action-packed year" with 11 theatre releases, 35 direct-to-digital releases and 8 original web series across languages and genres produced by the company, which is "the largest by any film studio" in 2023-24. These were released across theatres, OTT and broadcast platforms including Jio Cinema, Netflix, Amazon Prime Video, Disney+ Hotstar, Colors and Star Network, it added. "With eight consecutive hits, Jio Studios' films garnered a whopping Rs 700 crore at the box office with every second film in Q4 FY2024 being a Jio Studios film," it said. Besides, Jio Studios also has an "extensive pipeline of theatrical spectacles", the report added. "Jio Studios has strategically expanded its presence beyond the Hindi market, making significant inroads in regional .

Jio Studios garners Rs 700 cr from box office, action-packed year ahead
Updated On : 07 Aug 2024 | 10:47 PM IST

Reliance Jio's subscriber base jumps to 481 million, 108 million using 5G

The Jio True5G network now carries almost 30% of Jio's mobility data traffic, the company said in its annual report 2023-24

Reliance Jio's subscriber base jumps to 481 million, 108 million using 5G
Updated On : 07 Aug 2024 | 4:27 PM IST

RIL Q1 net profit drops 5.5% on weak showing by oil-to-chemicals biz

Misses Q1 earnings estimates despite gains in consumer, upstream segments

RIL Q1 net profit drops 5.5% on weak showing by oil-to-chemicals biz
Updated On : 20 Jul 2024 | 12:00 AM IST

Radhika Ambani's wedding looks: 5 gorgeous bridal outfits to bookmark

Anant Ambani and Radhika Merchant married on July 12 at the Jio World Convention Centre in the Bandra-Kurla Complex (BKC), Mumbai. The extravagant wedding celebrations went on till 15th July

Radhika Ambani's wedding looks: 5 gorgeous bridal outfits to bookmark
Updated On : 17 Jul 2024 | 6:12 PM IST

'We eat your food at our house', Ambani family welcomes Mysore Cafe owner

Anant Ambani and Radhika Merchant's wedding was held at the Jio World Convention Centre on July 12, 2024. The grand celebration attracted international stars, politicians, and social media influencers

'We eat your food at our house', Ambani family welcomes Mysore Cafe owner
Updated On : 17 Jul 2024 | 3:01 PM IST

Why Anant Ambani's $600 million wedding is just business as usual

Anant, the youngest of the 67-year-old's three children, kicked off his marriage celebration in March

Why Anant Ambani's $600 million wedding is just business as usual
Updated On : 16 Jul 2024 | 8:19 AM IST