Page 30 - Mukesh Ambani

15-year plan to convert Reliance Industries into new energy company

While the company will remain a user of crude oil and natural gas, it is looking to embrace new technologies to convert CO2 into useful products and chemicals, says a report

Mukesh Ambani eclipses Europe's wealthiest man, becomes world's 4th richest

Ambani has slowly been shifting his focus to e-commerce, with tech giants seeking to take a piece of India's fast-growing digital business

Japanese e-commerce giant Rakuten gets Indian firms on board for 5G

Rakuten is tying up with Indian companies such as Sterlite Technologies for hardware and HCL, Wipro, and Tech Mahindra for software

Reliance Industries now the second biggest brand globally after Apple

"This year's highest entrant at number two, Reliance Industries excels on every attribute," FutureBrand said, releasing its 2020 Index

To convert 2G to 4G, telecom companies need to invest $8 billion

Availability of low-cost smartphones and tariffs also key to make the country 2G-free

RIL, others are building their own 5G: What it means for telecom industry?

The oil-to-telecom major's ambitious indigenous initiative is one of several projects around the world to break the monopoly of incumbent telecom gear manufacturers

Skillful politician with knack for realpolitik, Amar Singh could do it all

Singh, 64, had undergone kidney transplant in 2011 and was not keeping well for a long time. He was admitted to a hospital in Singapore some eight months ago

Time to make 2G telecom services part of history, says Mukesh Ambani

Reliance Jio shares platform with Bharti Airtel to ring in 25 years of mobile telephony

Two-pronged strategy: Mukesh Ambani is coming for India's phones & wallets

At this month's AGM, Ambani promised to induct 'global partners and investors' in retail over the next few quarters

300 mn kept away from basic internet: Mukesh Ambani calls for scrapping 2G

Earlier, Ambani had announced that RIL's telecom arm Jio will strive to make India free of 2G by migrating from feature phones to an affordable smartphone

RIL slips nearly 2% after June quarter result; here's what brokerages say

For the April-June period, RIL reported a profit befote tax (PBT) of Rs 8,542 crore against Rs 14,366 crore in the year-ago period.

Reliance Jio pre-tax profit zooms 147% in June quarter, revenue up 33.7%

Ebitda for the June quarter grew 55.4 per cent to Rs 7,281 crore

RIL's pre-tax profit dips 40% as Covid-19 hits energy, retail businesses

Net profit surges 31%, boosted by exceptional gain of Rs 4,966 crore from BP transaction

Mukesh Ambani's trusted aide PMS Prasad pledges 94% of his shares

Prasad owned a total of 640,000 RIL shares and his compensation stood at Rs 11.15 crore in FY20.

Covid-19 likely to hit Reliance Industries' Q1 profit, say brokerages

An analysis of 12 brokerage research reports shows that expectations for RIL's net profit for the quarter ended June 2020 ranges from Rs 4,600 crore to Rs 8,083 crore.

Q1 results preview: Jio to steady RIL ship amid slowdown in retail, energy

Analysts estimate net profit to come down in 1st quarter

Reliance to pay up to Rs 27,000 cr for Future Group retail chains: Report

Reliance's existing retail operation already runs close to 12,000 stores, including a cash-and-carry wholesale business, in over 6,700 Indian towns and cities

Here's why CLSA and Edelweiss have downgraded Reliance Industries' stock

Edelweiss Securities notes that the stock's primary triggers - deleveraging, asset monetisation and digital momentum - have already played out.

Few parallels for RIL-like transformation in the world of business

One of the few in the league of RIL globally is the SoftBank Group, which has grown from being a PC software distributor and a telco to a technology-focused investor

Walmart's reverse merger with Flipkart may bulk up valuations ahead of IPO

The reverse merger may bulk up valuations ahead of an IPO in two years, but questions about the performance of the wholesale business remain