Mukesh Ambani


Mukesh Ambani Pushes For Clean, Affordable Energy; Tech To Decarbonise

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"It's not only imperative for us to be net carbon zero but I think that we should opt to recycle carbon," Ambani said. Read more

RIL A Net Debt-free Firm Now, Will Rope In Investors In Retail Biz: Ambani

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As on March 2020, RIL had a net debt of Rs 1.61 trn and managed to turn itself net debt-free after raising Rs 1.68 trn v... Read more

RIL Shares Jump Over 6%; Market Valuation Crosses Rs 11 Trn Mark

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Earlier in the day, Ambani announced that Reliance Industries had become net debt-free after raising a record Rs 1.69 tr... Read more

How RIL Became The First Indian Company To Top Rs 11 Trn In Market-cap

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Shares of RIL have more than doubled from this year's low of Rs 868 in March underpinned by a stream of investments in i... Read more

RIL Net Debt Free Before Schedule; To List Retail, Telecom Biz Within 5 Yrs

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Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms. Read more

Mukesh Ambani Nears Deal To Buy Stake In Some Units Of Future Group

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An agreement between Ambani's Reliance and Future, which already has a partnership with Amazon.com Inc., could be announ... Read more

Manoj Modi, The Rainmaker Behind Mukesh Ambani's $13-billion Deal Spree

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Reserved and mostly invisible to the public, Modi is viewed by many insiders and others in India's business world as the... Read more

RIL Raises Over Rs 1 Trn In 6 Weeks, Sells 19% Stake In Jio To 6 Investors

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The Mukesh Ambani-led company plans to reduce debt with the proceeds from the stake sale Read more

Reliance Industries' Rights Entitlement Surges 14% A Day Before Close

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Units worth nearly Rs 150 crore changed hands on the NSE and another Rs 554 crore on the BSE. Read more

KKR Picks Up 2.32% Stake In Mukesh Ambani's Jio Platforms For Rs 11,367 Cr

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Capital, Bharti Infratel, Coffee Day Resorts and Max Financial Services, this is its largest investment in Asia Read more

RIL Sells Another 2.32% In Jio, This Time To Vista Equity For Rs 11,367 Cr

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This is Jio's third major announcement in three weeks after it previously sold stakes to Facebook and Silver Lake Read more

Reliance Industries Considers Sale Of $989-million Asian Paints Stake

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The company controlled by Mukesh Ambani, is in discussions with banks for a potential sale of its 4.9 per cent stake in ... Read more

After Facebook, RIL In Talks With Other Global Investors For Similar Deal

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Earlier, there have been reports of Reliance talking to Google Read more

TCS Snatches Most-profitable Tag From Reliance Industries After 6 Years

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The Mukesh Ambani-controlled conglomerate, however, remains miles ahead of TCS in other financial parameters such as tot... Read more

Reliance Jio Reports 127% Jump In Profit Before Tax To Rs 2,931 Crore In Q4

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At the net profit level, aided by lower interest costs, the company recorded a growth of 73 per cent on a sequential bas... Read more

Reliance Retail Posts 33% Rise In Ebitda, Revenue Grows At 4.2% In Q4 FY20

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Its revenues for FY20 grew by 24.8 per cent on a yearly basis to Rs 62,936 crore. Ebitda for FY20 grew by 56 per cent y-... Read more

RIL Oil Unit Staff Face Big Pay Cuts; Ambani To Forgo Entire Year's Salary

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His company will cut 10 per cent from hydrocarbons segment employees who earn above Rs 15 lakh per annum. Read more

RIL Aims To Raise Rs 53,125 Crore Through India's Biggest Rights Issue

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The Rs 53,125 crore issue to cut net debt by a third; along with Facebook and BP deals, company to raise Rs 1.04 trillio... Read more

Reliance Jio Q4 Profit Zooms To Rs 2,331 Crore On Rising Subscriber Base

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Seen sequentially, the net profit grew 72.7 per cent when compared to Rs 1,350 crore in December quarter Read more

RIL Announces Salary Cuts; Mukesh Ambani To Forgo Entire Compensation

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These pay cuts would apply only to the employees in Reliance's hydrocarbon division and earning more than Rs 15 lakh a y... Read more