Page 9 - Mukesh Ambani

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

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.

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

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'

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 .

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 .

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

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

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

'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

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

Highlights of the day: Govt raises windfall tax on petroleum crude to Rs 7,000 per metric tonnne

Latest news updates: Catch all the news updates from around the world here

Jio Financial Services Q1 results: Net profit down 5.72% at Rs 313 crore

Interest income was down 19.8 per cent to Rs 162 crore in Q1FY25 as against Rs 202 crore in Q1FY24

Reasons why these Bollywood stars missed the Radhika-Anant Ambani's wedding

Radhika Merchant-Anant Ambani's five-month wedding celebration ended with the Mangal Utsav on July 14, which was a star-studded event, however, many stars were conspicuously missing from the bash

Anant Ambani, Radhika Merchant tie knot at star-studded ceremony: WATCH

Anant-Radhika wedding: The wedding was attended by key Bollywood figures, former UK PMs, senior Indian politicians and reality TV star Kim Kardashian

From Kardashians to Samsung chief, celebs to attend Ambani wedding

100 chartered flights to land in Mumbai; hotel rents shoot up

From Ambanis to Hindujas: Top 10 most extravagant weddings of all time

According to media reports, the estimated costs of these weddings start from Rs 100 crore and go up to Rs 700 crore

Ambani wedding: BKC staff get WFH notice; Mumbai faces traffic disruptions

Traffic restrictions have been implemented for the three days during which Anant Ambani and Radhika Merchant's wedding is set to take place

Jets, glamour, and grandeur: Ambani wedding takes off with Falcon-2000 jets

Mukesh Ambanis and his family have hired three of Club One Air's Falcon-2000 jets for the grand wedding of Anant Ambani and Radhika Merchant

Reliance Industries' subsidiary Ethane plans over $500 mn offshore loan

In 2016, Reliance Ethane had raised a loan of $572 million with a 12-year tenor to purchase six new ethane carriers