Ambani
Morning Digest | China releases new official map, showing territorial claims; Assam Rifles files defamation suit against Manipur politician, and more
An Indian Army jawan looking at the India-China border through his telescope in Arunachal Pradesh. File. | Photo Credit: RITU RAJ KONWAR Assam Rifles files defamation suit against Manipur politician, seeks apology Assam Rifles, the oldest paramilitary force in the country, has slapped a legal notice against a Manipur politician for causing “considerable harm to … Read more
Next generation of Ambanis set to enter RIL boardroom
Reliance Industries Ltd (RIL) chairman Mukesh Ambani said his three children – daughter Isha and sons Akash and Anant – will be inducted on the board as non-executive directors. He will continue as chairman and managing director for another five years, he announced at the RIL annual general meeting (AGM) on Monday. Additionally, wife Nita … Read more
Mukesh Ambani’s children join Reliance Board; Nita Ambani to step down
Nita Ambani. File | Photo Credit: Special Arrangement The Board of Directors of Reliance Industries Limited (RIL), at its meeting held on August 28 on the recommendation of the Human Resources, Nomination and Remuneration Committee, considered and recommended to the shareholders for approval of appointment of Isha Ambani, Akash Ambani and Anant Ambani as Non-Executive … Read more
Meet Akash Ambani, the eldest son of Mukesh Ambani & the man behind Reliance Jio: Know about his education, net worth & more
Akash Ambani is a dynamic business leader who is making his mark in the Indian corporate world. As the eldest son of Mukesh Ambani, the richest person in India, Akash has inherited a legacy of excellence and is living up to it in every way possible. His contributions to the growth and success of Reliance … Read more
Mukesh Ambani’s Reliance has stock analysts most bullish in 7 years
Analysts are at their most bullish on billionaire Mukesh Ambani’s Reliance Industries Ltd. since January 2016 amid a dip in the share price of India’s largest company. The stock is down 3% so far in 2023 compared with a gain of 1.5% in the S&P BSE Sensex Index, hurt in part by a decline in … Read more
Ambani bomb scare case: CBI seeks NIA court’s nod to question suspended cop Sachin Waze
The CBI on Wednesday approached a special NIA court here seeking permission to question suspended police officer Sachin Waze in connection with its preliminary enquiry into the allegations of corruption against former Maharashtra Home Minister Anil Deshmukh. Waze was arrested on March 13 in the case of an explosives-laden SUV found near industrialist Mukesh Ambani‘s … Read more
Ambani says will provide technology tools for the Covid-19 vaccination drive – ET HealthWorld
New Delhi: As India gets ready to roll out one of the largest vaccine programmes, billionaire Mukesh Ambani on Tuesday said his group is working with authorities to provide technology tools and backbone for mass inoculation against Covid-19. Ambani’s telecom venture Jio was rolled out four years back, offering free voice calling and dirt-cheap data. … Read more
BPCL privatisation gets multiple bids; Reliance skips, no supermajor in race
The government on Monday received ‘multiple’ bids for buying out its stake in India’s second-biggest fuel retailer BPCL but billionaire Mukesh Ambani‘s Reliance Industries as well as supermajors Saudi Aramco, BP and Total did not make a bid. Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM), which is handling the sale, … Read more
Ajay Srivastava on why he will not put more capital in the market now
Some monopoly groups like Adani, Ambani are sitting on an ecosystem which allows them to consolidate and buy out assets but the rest of India is deleveraging and saying stay off business, says the CEO, Dimensions Corporate Finance. What is your sense when it comes to some of the key banking names?ICICI Bank has sold … Read more