Sebi imposes Rs 25 cr penalty on Ambani brothers and others

Mumbai: The Securities and Exchange Board of India(Sebi) has imposed a total penalty of Rs 25 crore on current and former promoters of Reliance Industries Ltd (), including Mukesh Ambani, Anil Ambani, their mother, spouses and children, other family members and entities linked to them for alleged violation of takeover rules. In January 2000, RIL … 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

The week that was in 10 stocks: RIL steals the show

NEW DELHI: Hopes of an early breakthrough in Covid-19 vaccine development and better than expected quarterly earnings led equity indices about 3 per cent higher last week. Energy companies and banks performed well during the week as sluggishness in demand surfaced. It should be noted that while there has been a pickup in economic activity … Read more

Mukesh Ambani has recast Reliance as a one-stop shop for every Indian

Mukesh Ambani has taken Reliance from oil to omnipresenceWith disciplined execution, Mukesh Ambani has turned Reliance Industries from a petrochemicals business into a digital behemoth designed to meet every consumer need. This last decade has changed things so dramatically for RIL that as a consumer you just couldn’t avoid Reliance. Source link