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Page 31 - Mukesh Ambani

Retail, telecom help RIL beat Indian Oil to be number one player by revenue

Fortune India list shows RIL as India's top firm in FY19

Retail, telecom help RIL beat Indian Oil to be number one player by revenue
Updated On : 15 Dec 2019 | 11:19 PM IST

How India's millennial credit card boom is running into Ambani's ambitions

India's richest man, Mukesh Ambani, wants to connect 30 million small retailers with common inventory-management, billing and tax platforms as well as low-cost payment terminals

How India's millennial credit card boom is running into Ambani's ambitions
Updated On : 01 Dec 2019 | 8:04 AM IST

Top headlines: Q2 GDP growth slips to 4.5%, CEA defends tax cut & more

From Mukesh Ambani becoming ninth richest on Forbes' billionaires list to PM Modi announcing $50 million assistance to Sri Lanka, Business Standard brings you the top news of the day

Top headlines: Q2 GDP growth slips to 4.5%, CEA defends tax cut & more
Updated On : 29 Nov 2019 | 5:53 PM IST

As RIL shares rise, Ambani becomes 9th richest on Forbes' billionaires list

The company on Thursday became the first Indian firm to hit the Rs 10 lakh crore market valuation mark following a spike in its share price.

As RIL shares rise, Ambani becomes 9th richest on Forbes' billionaires list
Updated On : 29 Nov 2019 | 3:32 PM IST

Reports on sale of news biz to Times Group are baseless, false: Reliance

Billionaire Mukesh Ambani's Reliance Industries on Thursday denied reports of selling its news media business to Times Group. Bloomberg early on Thursday reported that Ambani "is in talks to sell his news media assets to India's Times Group, as Asia's richest man plans to unload a business that's been losing money". "Reliance Industries firmly denies (the) story. The story is baseless and false," a company spokesperson said. The report had quoted people familiar with the matter to say that Bennett Coleman & Co, the publisher of the Times of India, is looking to hire advisers for due diligence on the news properties of Ambani's Network18 Media & Investments Ltd. Bennett Coleman's spokesperson couldn't be immediately reached for comments. Reliance had in 2014 bought Network18, which owns and operates 56 local channels spanning news and entertainment, for up to Rs 4,000 crore. Network18 owns TV channels (including CNBCTV18, CNN-IBN, CNN Awaz), websites (firstpost.com, ...

Reports on sale of news biz to Times Group are baseless, false: Reliance
Updated On : 28 Nov 2019 | 5:10 PM IST

Top headlines: Q2 GDP growth estimate, Uddhav's swearing-in, and more

From Sensex continuing bull run to RIL becoming first Indian firm to hit Rs 10 trillion m-cap, Business Standard brings you the top news of the day

Top headlines: Q2 GDP growth estimate, Uddhav's swearing-in, and more
Updated On : 28 Nov 2019 | 4:23 PM IST

Sony plans to buy stake in Network18 Media group. What next?

Sources suggest that Sony is considering several potential deal structures, including a bid for the company or a merger of its own Indian business with Network18's entertainment channels

Sony plans to buy stake in Network18 Media group. What next?
Updated On : 22 Nov 2019 | 1:19 PM IST

Top biz headlines: Sony eyes stake in Network18, RBI's HR trouble, and more

From Rs 2.5 trillion loan disbursement by PSUs to DHFL's audit report, Business Standard bring you the top business headlines for the day

Top biz headlines: Sony eyes stake in Network18, RBI's HR trouble, and more
Updated On : 22 Nov 2019 | 8:03 AM IST

Sony eyes up to 30% stake in Mukesh Ambani's Network18 after Zee bid failed

Sony, said sources, is expected to evaluate its options carefully owing to regulation around foreign direct investment in media

Sony eyes up to 30% stake in Mukesh Ambani's Network18 after Zee bid failed
Updated On : 22 Nov 2019 | 1:13 AM IST
Updated On : 21 Nov 2019 | 4:28 PM IST

Sony in talks to buy stake in Mukesh Ambani's Network18 TV media group

The Tokyo-based company is currently conducting due diligence on Ambani's Network18 Media & Investments Ltd. before any possible offer, the people said

Sony in talks to buy stake in Mukesh Ambani's Network18 TV media group
Updated On : 21 Nov 2019 | 11:48 AM IST

Mukesh Ambani's RIL beats BP to make elite club of 6 global energy giants

Reliance has increased 35% this year, compared with BP's 1.2% gain as it works on cutting high debt levels

Mukesh Ambani's RIL beats BP to make elite club of 6 global energy giants
Updated On : 20 Nov 2019 | 12:02 AM IST

Moody's affirms Reliance Industries' rating with a stable outlook

The rating reflects significant improvement in RIL's scale and business mix over the past two years

Moody's affirms Reliance Industries' rating with a stable outlook
Updated On : 14 Nov 2019 | 11:06 PM IST

Nita Ambani named to the board of New York-based Metropolitan Museum of Art

Nita Ambani, 57, was elected to become an honorary trustee of the museum, according to the statement.

Nita Ambani named to the board of New York-based Metropolitan Museum of Art
Updated On : 13 Nov 2019 | 1:57 PM IST

Three Chinese banks sue Anil Ambani for failing to repay $680-mn loan

The Mumbai branch of Industrial & Commercial Bank of China, China Development Bank and the Export-Import Bank of China agreed to loan $925.2 million to Anil Ambani's Reliance Communications in 2012

Three Chinese banks sue Anil Ambani for failing to repay $680-mn loan
Updated On : 08 Nov 2019 | 10:44 PM IST

Reliance Industries puts off gas bid for the second time to November 15

Sources in the company said bidders want more time to adapt to the new bidding system. Some added RIL may be facing lack of interest from potential bidders

Reliance Industries puts off gas bid for the second time to November 15
Updated On : 07 Nov 2019 | 2:28 AM IST

India's economic slowdown will reverse in coming quarters: Mukesh Ambani

What I see happening in the past 2-3 years is transformation, said Ambani

India's economic slowdown will reverse in coming quarters: Mukesh Ambani
Updated On : 30 Oct 2019 | 1:21 AM IST

Economic slowdown 'temporary', reforms undertaken to reverse trend: Ambani

Indian economy has seen growth rate decline in each of the past five quarters

Economic slowdown 'temporary', reforms undertaken to reverse trend: Ambani
Updated On : 29 Oct 2019 | 10:24 PM IST

After Jio's 4G and optical fibre, RIL to build $24 bn e-commerce giant

A series of capital transfers would make Jio, which already has capital of 650 billion rupees, almost debt free by March 2020, the parent said on October 25

After Jio's 4G and optical fibre, RIL to build $24 bn e-commerce giant
Updated On : 29 Oct 2019 | 2:28 PM IST

RIL to set up a wholly-owned subsidiary for digital platform initiatives

The subsidiary will also acquire RIL's equity investment of Rs 65,000 crore in Reliance Jio Infocomm Ltd (RJIL)

RIL to set up a wholly-owned subsidiary for digital platform initiatives
Updated On : 25 Oct 2019 | 9:03 PM IST