Mukesh Ambani

Revenue at its retail and telecoms units each jumped more than 25 per cent in the December quarter as the company, headed by Asia’s richest man.

Billionaire Ambani's Reliance posts record profit on consumer strength

The company had previously said it would sign a definitive agreement with Aramco by March 2020.

18 Jan 2020 10:23 AM

The Mukesh Ambani-led telecom operator added that its new plan are offering up to 25 per cent more value than that of rivals.

Average customer unlikely to pay for outgoing calls, says Reliance Jio

Reliance Jio is offering 1,000 minutes per month (28-day cycle) of free calling every month across all plans.

08 Dec 2019 4:43 PM

Reliance Industries chief Mukesh Ambani. (Photo: PTI)

Mukesh Ambani 9th richest on Forbes' real-time billionaires list

Ambani was ranked 13th in the annual Forbes' rich list for 2019.

29 Nov 2019 2:35 PM

RIL becomes first to hit Rs 10 lakh crore market cap

At market close, the oil-to-telecom conglomerate's market valuation surged to Rs 10,01,555.42 crore on the BSE.

29 Nov 2019 2:38 AM

The company did not divulge the extent of price hike in the offing. (Photo: PTI)

Jio says will increase tariffs in next few weeks in compliance with rules

Jio said that the telecom regulator TRAI is likely to initiate consultation process for revision in telecom tariffs.

20 Nov 2019 11:40 AM

Ambani says slowdown in India temporary, reforms undertaken to reverse trend

The govt has taken a string of policy measures over the past couple of months to shore up the economy and revive credit.

29 Oct 2019 5:55 PM

This is done by paying the rival network an interconnect usage charge, which currently is 6 paise per minute. (Photo: AFP)

Jio slams Trai's IUC review; says move sabotages PM's Digital India vision

Trai's move to reopen the deadline for ending charges for terminating calls on rival networks beyond January 2020.

21 Oct 2019 12:21 PM

Vodafone Idea has been seeking two-year moratorium on its annual spectrum payment citing debt and stress on balance sheet.

Vodafone top brass meets telecom secy, seeks 2-yr delay on deferred spectrum payment

Kumar Mangalam Birla, head of Vodafone Idea, had sent an SOS to the government earlier also for deferring statutory payments.

30 Sep 2019 8:22 PM

Mukesh Ambani is India’s richest man

Junaid said a total of 233 new entrepreneurs from different businesses made it to the rich list this year.

26 Sep 2019 2:08 AM

According to the latest IIFL Wealth Hurun India Rich List, the number of Indians having a net worth of more than Rs 1,000 crore has grown to 953 this year from 831 in 2018. (Photo: File)

Mukesh Ambani richest Indian with net worth of Rs 3,80,700 cr: Report

London-based SP Hinduja and family, with assets worth Rs 1,86,500 crore, retained the second rank in the list.

25 Sep 2019 4:14 PM

41.28 crore treasury shares of Reliance Industries were held as follows by (a) by Petroleum Trust 24.09 crore shares; and (b) by subsidiaries of RIL 17.19 crore shares, the statement said.

Reliance says Mukesh Ambani's shareholding has not increased in company

The company in an emailed statement said: "There has been no transaction of purchase of shares".

19 Sep 2019 5:12 PM

Mukesh Ambani and his private firms held 47.29 per cent stake as on June 30, 2019 in RIL. (Photo: PTI | File)

Mukesh Ambani raises stake in Reliance Industries to 48.87 per cent

The acquisition was pursuant to a scheme of arrangement not directly involving Reliance, the filing said without giving details.

18 Sep 2019 2:58 PM

Starting today (on Wednesday), Airtel Xstream Fibre is available to Homes, SOHO (Small Office Home Office) and small commercial establishments in Delhi, Gurgaon, Faridabad, Noida, Ghaziabad, Mumbai, Pune, Bangalore, Hyderabad, Chennai, Chandigarh, Kolkata, Indore, Jaipur and Ahmedabad, Bharti Airtel said in a statement. (Photo: File | PTI)

Bharti Airtel launches 1 Gbps broadband plan at Rs 3,999/month

The benefits include 3 months Netflix subscription gift, 1 year Amazon Prime membership and access ZEE5 and Airtel Xstream app.

11 Sep 2019 3:04 PM

The US retail giant launched its first site in the South Asian nation of 1.3 billion people in 2013 and is locked in a fierce battle with Walmart, which bought a 77-percent share in local e-commerce behemoth Flipkart for USD 16 billion last year. (Photo: Amazon | Twitter)

49 elevators, zumba and more: Amazon bets big on India with Hyderabad office

India is also a major source of employment for Amazon’s global operations with some 62,000 full-time staff and 155,000 contract employees.

11 Sep 2019 12:20 PM

JioFiber will offer broadband internet speeds of up to 1 Gbps for Rs 8,499 per month, the company said in a statement. (Photo: File)

Reliance rolls out JioFiber, offering minimum 100 Mpbs speed for Rs 699 a month

The broadband service will offer unlimited data, free voice calling to anywhere in India as well as TV video calling/conferencing.

06 Sep 2019 11:26 AM

Businessman Mukesh Ambani on Thursday hailed Union Home Minister Amit Shah calling him a ‘true karmyogi’ and ‘Iron Man of India’, reported news agency IANS. (Photo: File)

Mukesh Ambani praises Amit Shah, calls him 'karmyogi'

During his speech, Ambani also backed the Narendra Modi government’s ambitious goal of making India a USD 5 trillion economy.

30 Aug 2019 11:58 AM

Reliance Industries chairman Mukesh Ambani on Monday announced plans to sell stakes in the firm's oil and chemicals business to Saudi oil giant Aramco.

RIL soars 10 pc, m-cap surges by Rs 71,638 cr after a slew of pro-investor announcements

The oil-to-telecom giant saw its scrip jump 9.72 per cent to close at Rs 1,275 on the BSE.

13 Aug 2019 8:35 PM

The twin deals along with deleveraging of telecom arm Jio's infrastructure assets will help Reliance become "a zero-net debt company within the next 18 months, that is by March 31, 2021, Reliance Industries chairman Mukesh Ambani said at the company's annual general meeting.

RIL shares zoom to decade high after company announces plan to turn debt-free

The scrip opened the day on a bullish note and jumped 12.09 per cent to Rs 1,302.50 on the BSE.

13 Aug 2019 12:57 PM

Chairman and Managing Director of Reliance Industries Ltd, Mukesh Ambani.

Several announcements for J&K, Ladakh in coming months: Mukesh Ambani

PM Modi on Aug 8, urged companies to invest in the J&K and Ladakh region to increase employment opportunities for local people.

12 Aug 2019 1:32 PM

Reliance has invested nearly Rs 5.4 lakh crore over the last five years to generate EBITDA in excess of USD 1 billion annually for over a decade.

Reliance to be zero-net debt company in 18 months: Ambani

Reliance will induct leading global partners in (telecom arm) Jio and Reliance Retail in the next few quarters.

12 Aug 2019 1:05 PM