Mukesh Ambani

Reliance to sell 25% in refining business to Aramco to pare Rs 3 lakh crore debt?

Reliance's mainstay refining and petrochemicals operations could be valued at $55-$60 billion in the gargantuan deal, fetching the Indian conglomerate around $10-$15 billion for the minority stake.

Apr 17, 2019

Akash Ambani, Mukesh Ambani, Anant Ambani, Nita Ambani, Kokilaben Ambani, Isha Ambani

Throwback: At 23, Nita Ambani was told by doctors that she would never conceive

Becoming a mother was not a cakewalk for Nita Ambani as she was told by the doctors at the age of 23 that she would never conceive.

Apr 14, 2019

Reliance Communications denies France waived taxes for Anil Ambani-led company

Reliance Communications rubbished a media report which claimed that taxes to the tune of 143.7 million euro were waived by the French authorities.

Apr 13, 2019

Reliance, Jio, GigaFiber, registration, how to apply

Will Jio GigaFiber do to DTH what Reliance Jio did to mobile telephony?

Airtel and Tata Sky are bracing for a shakeup ahead of Jio GigaFiber's commercial launch with a disruptive potential similar to Reliance Jio's that triggered a price war affecting players like Airtel, Vodafone and BSNL.

Apr 8, 2019

When Mukesh Ambani stopped his car in the middle of the road to propose to Nita [Throwback]

The way business magnate, Mukesh Ambani proposed to the love-of-his-life Nita Ambani, will remain one of the sweetest celebrity proposals ever.

Apr 8, 2019

Truth about Mukesh Ambani and wife Nita using armed forces to ensure security at Akash Ambani - Shloka's wedding

The viral social media post shows Nita Ambani posing with several officers in uniform holding RSS-BJP responsible for the outcome.

Mar 29, 2019

After Mukesh Ambani, another Indian billionaire bails out younger sibling

The Mittal brothers had split their businesses in 1994. However, eldest brother Lakshmi Niwas chipped in with 16 billion rupees to help Pramod clear massive dues to STC.

Mar 26, 2019

Mukesh and Anil Ambani: A storied billionaire sibling rivalry is finally ending?

In one of the quirks of destiny, while the wealth of Mukesh grew exponentially, Anil saw his riches dwindling over the years.

Mar 19, 2019

Anil Ambani invokes 'family values' after elder brother Mukesh saves him from jail

On Monday, RCom paid the Swedish company Rs 4.6 billion, which also received an additional Rs 30 million from the Supreme Court's registry that the Anil Ambani-led firm had deposited as penalty interest.

Mar 19, 2019

The rise and fall of Anil Ambani: Here's how things became worse for world's 6th richest person

As per Forbes valuation, the younger son of industrialist Dhirubhai Ambani was listed as the world's sixth richest person in 2008. In just a decade, he is now struggling to save his reputation.

Mar 16, 2019

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, smiles as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018.

Mukesh Ambani's Rs 13,000-crore win-win pipeline deal with Brookfield

Indian billionaire's company retains the right to acquire equity in Brookfield-promoted pipeline company while getting a significant share of earnings from the 1,400 km gas transit infrastructure.

Mar 15, 2019

BSNL fails to pay 1.76 lakh employees in February; FY19 losses could top Rs 8,000 crore

The public sector telecom provider has not got Department of Telecom nod to raise a bank loan to meet wage bill while revenues have stagnated amid rising operational expenses.

Mar 13, 2019

Bollywood stars at Akash Ambani Shloka Mehta wedding

Akash Ambani-Shloka Mehta wedding: SRK, Aamir Khan, Deepika Padukone and Aishwarya Rai Bachchan spotted

Bollywood's biggest superstars were seen at the Akash Ambani and Shloka Mehta wedding, also attended by cricketer Sachin Tendulkar and Google CEO Sundar Pichai.

Mar 10, 2019

Reliance Foundation dedicates Dhirubhai Ambani Square to Mumbaikars

'The Dhirubhai Ambani Square and the Jio World Centre fulfil the vision of a great son of India'

Mar 7, 2019

Mukesh Ambani at 13th on global rich list, will the Reliance Industries chairman have world's richest title?

A 100% rally in Reliance's stock and a substantial decline in Amazon founder Jeff Bezos wealth, following divorce with wife MacKenzie, could make Ambani the richest person in the world.

Mar 6, 2019

Reliance Industries eyes majority stake in logistics startup Grab

The acquisition of the hyperlocal logistics company is expected to help RIL fine-tune its e-commerce plans.

Mar 1, 2019

Ericsson case: Anil Ambani guilty of contempt, directed to pay Rs 453 crore or face 3 months jail

Banks may refuse to release funds to save Anil Ambani jail time

Lenders' boards may not allow RCom's request for releasing Rs 260-crore tax refund held in escrow account for paying off Ericsson after Supreme Court verdict.

Feb 23, 2019

What's Anil Ambani's net worth? Quicksilver erosion of $43 bln over a forgettable decade

Anil Ambani's net worth shrunk from $45 billion to $1.7 billion in 2019 and his flagship company RCom is burdened with Rs 45,000 crore debt.

Feb 21, 2019

Saudi Aramco in talks with Reliance to ramp up oil sector investments

The proposal is apart from the $44-billion Ratnagiri project in which Saudi Arabia and UAE are partnering India's state-owned oil marketing companies.