Mukesh Ambani
Three game-changing revolutions will govern India's growth in the decades ahead: Mukesh Ambani
"I am confident that you, the students of PDEU, along with lakhs of other bright young minds from across the nation, will leverage these revolutions to enable India meet its energy goals," he said. Ambani added that this batch of PDEU is graduating during a year that marks the beginning of India's 'Amrit Kaal'.
Twins for Anand Piramal, Isha Ambani-Piramal
Their scions Anand Piramal and his wife Isha have been blessed with a set of twins on Saturday, November 19, the two excited families announced here on Sunday. They are - a baby girl named Aadiya and her twin brother Krishna. Both the infant siblings are doing well, said the two elated families, rejoicing over the happy development.
Fresh threats to Mukesh Ambani and family, Reliance Foundation hospital
Calls were received at the HNRF Hospital's call centre at 12.57 p.m. and at 5.04 p.m. warning to blow up the hospital building, said an official spokesperson. The caller also threatened to take the lives of Ambani, his wife Nita Ambani, and their children Akash and Anand.
Reliance Jio to begin Beta trial of 5G in 4 cities on Dussehra
The invites customers in these four cities will get unlimited 5G data with up to 1 Gbps+ speeds.
The Beta trial service for other cities will be announced progressively as cities keep getting ready, said the company. The users will continue to avail of Beta trial "until the network coverage of a city is substantially complete to provide the best coverage and user experience to every customer," it said.
Commanding heights of India's economy up for grabs in battle between Adani and Ambani
Their motivation seems to lie somewhere in between, the report said. "The duo's rising influence over Indian business is undisputed. Many observers now talk of the "aa economy". That is an exaggeration, but the combined revenues of the companies controlled by Messrs Adani and Ambani are equivalent to 4 per cent of India's GDP," The Economist reported.
Reliance builds technology & innovation portfolio for Green Energy foray through partnerships, acquisitions, R&D
During FY22, Reliance completed acquisitions and investments of over Rs 5,500 crore to build capabilities in New Energy. Reliance's partnerships includes companies like Ambri in the US, Faradion in the UK and The Netherlands-based Lithium Werks in the energy storage space.
Mukesh Ambani steps down from Reliance Jio, son Akash named Chairman
In regulatory filing, Reliance Jio, the telecom arm of the Reliance group, said the Board of Directors at its meeting held on Monday "approved the appointment of Akash Ambani, Non-executive Director, as the Chairman of the Board of Directors of the company".
Jio's healthy earnings show telecom industry digesting impact of tariff hikes
In December 2021, 20-25 per cent tariff hike was taken by Airtel, Vodafone Idea, and Reliance Jio. Jio's Q4FY22 revenues were up 8 per cent quarter on quarter and 20.4 per cent year on year, aided by 20 per cent tariff hikes, effective from December, and improving customer mix.
Mukesh Ambani plans takeover bid for UK high street chain Boots
Ambani is the biggest shareholder and chairman of retail-to-energy group Reliance Industries. Reliance is reportedly working on the potential bid with US buyout firm Apollo Global Management, reports the BBC. Earlier this year, the Walgreen Boots Alliance announced a review of the Boots business and reportedly put the company up for sale.
Local banks rebuffed $3.2 billion offer from Mukesh Ambani's conglomerate: Report
Debt-laden Future Retail Ltd.'s offshore bondholders -- a relatively smaller part of the creditor pool -- were promised 100 per cent payment in the rescue offer from billionaire Mukesh Ambani, according to people with knowledge of the matter. Indian lenders were asked to take a haircut of as much as 66 per cent, the people added, asking not to be identified discussing confidential information, Bloomberg reported.
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