Page 13 - Mukesh Ambani

Jio launches handset offer to grow user base, turn market into '4G-only'

Customers offered handset, two years of unlimited voice calls and 2GB data a month for Rs 1,999

SUV with explosives found near Ambani's house had been stolen: cops

A letter found inside said it was only a 'glimpse' of things to come, police said on Friday

Vehicle with explosive substance found near Mukesh Ambani's house in Mumbai

A suspicious vehicle with gelatin, an explosive material, inside was found parked near industrialist Mukesh Ambani's house in Mumbai on Thursday evening, police said. The vehicle was found on Carmichael Road near 'Antilia', Ambani's residence, a police official said. A Bomb Detection and Disposal Squad (BDDS) team reached the spot immediately, he said. It was not an assembled explosive device, he said, adding that further investigation was on. Maharashtra home minister Anil Deshmukh told newschannels that the vehicle, a Scorpio van, was found some distance away from the multi-storey residence of Ambani, the chairman of Reliance Industries. The Crime Branch of Mumbai police is conducting probe, he said.

Reliance Inds gains 6% in 2 days, hits 4-month high on O2C biz spin off

Analysts believe the recent move of creating an O2C segment will open various new avenues for RIL in terms of both opportunities and upside

RIL's revamp paves way for O2C stake sale, next leg of growth: Analysts

Reorganisation won't impact RIL's consolidated financials or shareholding. Analysts say the de-merger will be done at tax networth of O2C assets, making transaction tax neutral for RIL

Chart check: Will the O2C biz spin-off trigger a fresh rally in RIL stock?

A breakout above Rs 2,100 in RIL's counter may see a rally towards 2,400

Reliance Industries gains 2% on plans to hive off O2C business

The company said the O2C business will be turned into a separate entity that will be 100 per cent owned by RIL

Reliance to hive off O2C business, expects approvals by September quarter

The Mukesh Ambani-controlled company had initiated the process to hive off its oil-to-chemicals business at a time when the Covid-19 pandemic caused a slump in fuel demand

Amazon moves SC challenging Delhi HC order on Future-Reliance deal

The e-commerce giant has contended that the Division Bench order is illegal, and arbitrary apart from being without jurisdiction

Why Amazon is feuding with a partner and billionaire Mukesh Ambani

Future Group is caught in the middle of this tussle between companies helmed by two of the world's richest men

Amazon-Mukesh Ambani spat tests India's allure for foreign investors

The keenly watched case may set an important legal precedent for investors on whether emergency decisions by foreign arbitrators are valid in India

Without Reliance deal, future uncertain for Kishore Biyani's firms

This week, the Delhi High Court directed Biyani's flagship company to maintain the status quo on its Rs 24,713-crore deal to sell his business to Reliance

Committed to helping FRL, don't want the company to go down: Amazon lawyer

Earlier, Future Retail Limited lawyer had argued that the retail firm may go bust and thousands may lose jobs if the Future-Reliance deal does not go through

Reliance deal will save jobs of 25,000 employees: Future Retail lawyer

The Delhi High Court is hearing the appeal filed by Future Retail Limited (FRL) against the Court's order passed earlier this week

I predict that the 21st century is going to be Indian century: Jeff Bezos

Under Bezos's leadership, Amazon identified India as a strategic market as early as 2013

Reliance Jio looks beyond mobile operations to monetise digital platforms

With subscriber additions slowing, the price-competitive player is looking beyond its mobile operations to monetising its digital platforms. But that's where the competition is acute

Shares of Reliance Industries plunge 6% on disclosure concerns

The country's most-valuable firm reported record quarterly profit for the quarter ended Dec 31, but didn't disclose gross refining margins, a key metric to analyse its oil and petrochemicals vertical

Reliance Industries stock dips 6% post Q3; analysts see up to 21% upside

Reliance Industries' consolidated net profit, of Rs 13,101 crore in the December quarter, jumped 37 per cent sequentially, and beat Street expectations of a 32 per cent QoQ profit improvement

Indian billionaires saw there wealth go up by Rs 12.97 trn during Covid-19

Since March as the government announced lockdown, India's top 100 billionaires saw their fortunes increase by Rs 12.97 trillion

Subdued Q3, few near term triggers to keep RIL stock under pressure

Debt reduction, gains from digital priced in