Page 14 - Mukesh Ambani
Reliance Industries spins off oil-to-chemical business into new unit
O2C unit holds the firm's oil refinery and petrochem assets and retail fuel business but not upstream oil & gas producing fields such as KG-D6 and textiles business.
 "Reliance Industries spins off oil-to-chemical business into new unit")
Ambani's Reliance Jio doubles down on 5G service pledge after record profit
The group's wireless operator, Reliance Jio Infocomm Ltd. -- India's largest -- has started advance tests to prepare the fifth-generation, high-speed network
 "Ambani's Reliance Jio doubles down on 5G service pledge after record profit")
Reliance Industries Q3 consolidated PAT at Rs 13,101 cr, up 12.5% YoY
Topline takes a hit by 21% as Covid-19 impacts operations, sales
 "Reliance Industries Q3 consolidated PAT at Rs 13,101 cr, up 12.5% YoY")
Reliance Retail Q3 revenue declines 9.7% to Rs 33,018 crore; profit surges
Yearly numbers are not comparable, RIL said, since the petro retail business, which makes up 40 per cent of the company's retail revenues, has been demerged
 "Reliance Retail Q3 revenue declines 9.7% to Rs 33,018 crore; profit surges")
Reliance Jio net profit rises 15.5% to Rs 3,489 crore in December quarter
Jio Platforms, which provides digital and telecom services, had posted a net profit of Rs 3,020 crore in the previous quarter
 "Reliance Jio net profit rises 15.5% to Rs 3,489 crore in December quarter")
Reliance Retail pre-tax profit rises 11.8% at Rs 3,102 crore in Q3
The retail arm of Reliance Industries had posted a pre-tax profit or EBITDA (earnings before interest, tax, depreciation and amortisation) of Rs 2,736 crore in October-December quarter a year ago
 "Reliance Retail pre-tax profit rises 11.8% at Rs 3,102 crore in Q3")
Reliance Industries net profit rises 12.5% to Rs 13,101 crore in Q3
Consolidated net revenue declined 22 per cent to Rs 1.23 trillion in December quarter compared to Rs 1.57 trillion during the year-ago period
 "Reliance Industries net profit rises 12.5% to Rs 13,101 crore in Q3")
Reliance-Future deal gets Sebi nod, BSE 'no-adverse-observation' status
The Securities and Exchange Board of India (SEBI) allowed the deal with some riders, five months after it was announced last August
 "Reliance-Future deal gets Sebi nod, BSE 'no-adverse-observation' status")
How Mukesh Ambani, Gautam Adani were caught in crossfire over farming laws
Farmers say laws opening up India's agriculture markets were designed to allow billionaires such as Mukesh Ambani and Gautam Adani to enter farming. The tycoons say they have no such interest.
 "How Mukesh Ambani, Gautam Adani were caught in crossfire over farming laws")
What unicorns' coming of age means for big business and retail investors
While foreign investors like Japan's Softbank, China's Alibaba, and the US' Sequoia are big players in the start-up space, India doesn't have a serious VC sector with risk appetite, writes T N Ninan
Future-RIL deal: Next phase of Bezos-Biyani battle to begin in Singapore
Singaporean barrister Michael Hwang joins three-member arbitration tribunal at SIAC, which is looking into the dispute over Future Group's $3.4 bn deal with Reliance Industries
 "Future-RIL deal: Next phase of Bezos-Biyani battle to begin in Singapore")
Tech Mahindra may partner Reliance Jio to provide 5G solutions to world
TechM said it does not see Reliance as competition but rather as an 'expansion of the industry' through partnership
 "Tech Mahindra may partner Reliance Jio to provide 5G solutions to world")
We were fed up with your attitude, had to take RIL offer: Biyani to Amazon
"Being totally disillusioned and fed up with your lackadaisical attitude, we were left with no option, but to accept the offer from the Reliance," Biyani said
 "We were fed up with your attitude, had to take RIL offer: Biyani to Amazon")
Mukesh Ambani gets ready to alchemise Reliance Industries into a tech giant
Analysts say Ambani offered an opportunity to many global tech companies who were hesitant about negotiating the myriad regulatory challenges in India
 "Mukesh Ambani gets ready to alchemise Reliance Industries into a tech giant")
Reliance Petroleum case: Sebi imposes fines on RIL, Mukesh Ambani
Fines of Rs 25 crore and Rs 15 crore have been imposed on RIL and Ambani, respectively
 "Reliance Petroleum case: Sebi imposes fines on RIL, Mukesh Ambani")
Move over Mukesh Ambani, China's Zhong Shanshan is now the richest Asian
Zhong's net worth has surged $70.9 billion this year to $77.8 billion, making him the 11th-richest person on the planet
 "Move over Mukesh Ambani, China's Zhong Shanshan is now the richest Asian")
India Inc goes on M&A spree despite Covid, health a key focus area in 2021
BPCL, Air India, airport acquisitions to dominate headlines in New Year
 "India Inc goes on M&A spree despite Covid, health a key focus area in 2021")
Top headlines: Govt slams e-commerce leaders; Kerala opposes farm laws
This New Year's eve is unparalleled in many ways. With states announcing curbs, here's what you can and can't do
 "Top headlines: Govt slams e-commerce leaders; Kerala opposes farm laws")
Mukesh Ambani sold dreams to tech giants for $27 bn. Now he has to deliver
Investors are watching Ambani's every move as he overhauls his empire -- with a market value of $179 billion -- in the middle of a pandemic
 "Mukesh Ambani sold dreams to tech giants for $27 bn. Now he has to deliver")
Top headlines: UK flight ban may continue; telecom lobby slams 'sabotage'
Business Standard brings you top news of the evening
 "Top headlines: UK flight ban may continue; telecom lobby slams 'sabotage'")
