Page 39 - Mukesh Ambani

CRPF jawan in Mukesh Ambani's security dies as rifle goes off accidentally

The commando was rushed to a hospital where he died during treatment late at night, he said

A $21-billion telco war comes down to $2; consumers jump into the fray

The country's broken financial system would take a fresh hit; new 5G networks could be delayed; and the government's annual revenue from the sector might get squeezed

Energy to retail: Reliance is India's reply to Exxon, AT&T, Amazon combined

Billionaire Mukesh Ambani's Reliance Industries is India's answer to US giants Exxon, AT&T and Amazon - all rolled into one, Bernstein Research said on Tuesday. "Reliance has disrupted the energy and telecoms industry in India and is on the cusp of doing the same to retail, fintech, and media," it said in a report adding the company has an enviable track record of innovation and execution. For the oil-to-telecom conglomerate, energy remains core business and is expected to further expand as India is forecast to be the fastest-growing market for fuel and chemical products over the next decade, it said adding the company's partnership with BP of the UK and Saudi Aramco will support this. Reliance owns the world's largest single-site oil refining complex and has multiple petrochemical plants. Three years back it forayed into telecom business and has reached 34 per cent share of market revenue. "Based on the current net add run-rates it will likely reach 44 per cent share by the end ..

Aramco deal, more asset sale crucial for making RIL net-debt free: Analysts

For the December 2019 ended quarter, RIL turned free cash flow (FCF) positive, a reversal that most brokerage firms welcomed

RIL's earnings parity expected by FY22 in consumer, core business

This contributed a little less than 60% of Ebitda; analysts have also been changing their earnings estimates positively for the consumer business

RIL revenues decline 2.5% in Q3; Reliance Retail, Jio boost profit

RIL's net profit for October-December 2019 increased by 13.5 per cent to Rs 11,640 crore, beating street estimates

Mukesh Ambani set to build Alibaba-like $24-bn e-commerce giant for India

The move is the latest sign of the Reliance group's pivot towards data and digital services for future growth, as it builds an online platform to take on the likes of Amazon and Flipkart in India

Year in Review: How world's top 10 business personalities fared in 2019

The year 2019, a breakthrough year for business, saw both fortunes being built and destroyed. Business Standard lists top 10 business personalities from across the globe who made headlines in 2019

PM meets Ambani, Tata, other biz leaders to discuss economy ahead of Budget

Richest Indian Mukesh Ambani, Tata group patriarch Ratan Tata, telecom czar Sunil Bharti Mittal, billionaire Gautam Adani, Mahindra Group chairman Anand Mahindra were among those who attended

Will not let industries move out of Maharashtra, says Uddhav Thackeray

Reliance Industries chairman Mukesh Ambani, Tata group chairman emeritus Ratan Tata, Mahindra group chairman Anand Mahindra among others participated in two hour discussion

Why CMD role separation remains a work in progress despite deadline nearing

Sebi, in its October 2017 report on corporate governance, said listed firms should have a different person heading the management and another in place as chairman of the board

Year in Review: Jet collapse to NBFC mess, biggest business news of 2019

With 2019 drawing to a close, Business Standard looks at the biggest news developments from the world of business that shaped the year

Reliance to venture in e-commerce with Jio Mart, initial roll-out in Mumbai

A dedicated mobile application for Jio Mart is expected to be launched in the coming weeks, which will also be integrated with My Jio and Jio Money applications,

Reliance announces Jiomart to take on the online grocery shopping business

Listen to the podcast to know how Reliance is all set to take on Amazon and Flipkart with its online food and grocery selling venture, JioMart

Story of India's economy in the past decade: After a high, a sharp slide

Here are the five people who best represent the story of the Indian economy in the 2010s

Mukesh Ambani family case: I-T department seeks details from seven nations

According to the I-T department, the Ambani family refuted all the charges in the show-cause notice and submitted the copy of GDR offer documents on June 7 for RUPL along with other documents

Top headlines: Reliance Retail's valuation, GoAir's challenge, and more

From Reliance Retail's valuation to GoAir's 'operational challenges', here are today's top headlines

Mukesh Ambani's Reliance Retail valued at $34 billion in share swap

Reliance Retail runs India's largest chain of neighborhood supermarket stores and consumer electronics stores

Once regarded as fastest-growing, Indian telecom battles for survival

The Supreme Court order for including non-core revenue in telecom groups' gross adjusted revenue -- the figure on which the levies are charged -- revived the rivalry between Ambani and Bharti Mittal

Mittal, Ambani set for knockout in 2020 heavyweight telco champion's title

It's been a bruising battle but Mittal has managed to remain standing without conceding much market share to his rival and keeping his debt under control