Tag: Mukesh Ambani

JioPhone Next Can Unleash a Credit Revolution Across the Globe With Its Low Price Point

A smartphone widely believed to be priced below $50 (roughly Rs. 3,650), likely the world’s cheapest, will start selling a week from now. If Mukesh...

The only way to prevent a Mukesh Ambani-dominated duopoly over the world’s most painful telecom market

The world’s cheapest data costs have done wonders for India by helping spread the benefits of the internet beyond a tiny, urban, affluent class. But...

NTPC Renewable Energy IPO to hit markets in 2022-23

NEW DELHI: State-run has plans to list its arm NTPC Renewable Energy Ltd in 2022-23, to raise funds for achieving its ambitious target of 60...

RIL may need to offer Rs 15,000 crore subsidy to attract users to JioPhone Next: Analysts

may need to subsidise consumers to the extent of Rs 15,000 crore in the next 2-3 years if it targets selling around 75 million units...

Jio Announces Ultra-Affordable Jio Phone Next With 4G for India

Image: Jio/Google While carriers in the U.S. are racing to add 5G coverage to their networks, today India’s largest wireless provider announced a new device...

Reliance AGM 2021: Aramco deal, JioPhone Next and other key announcements

The 44th Annual General Meeting (AGM) of (RIL) was keenly awaited with investors eyeing major announcements regarding a 5G roadmap, updates on the Saudi Aramco...

Anil Deshmukh’s plea against FIR: HC adjourns hearing; refuses to pass interim order

The Bombay High Court on Thursday refused to pass any order on former Maharashtra home minister Anil Deshmukh‘s request for interim protection from coercive action...

BJP’s Devendra Fadnavis, Patil slam Shiv Sena for backing Sachin Waze

Senior Maharashtra BJP leader Devendra Fadnavis on Sunday said the arrest of assistant inspector Sachin Waze in connection with the explosives-laden vehicle found near industrialist...

Elon Musk wealth: Elon Musk loses $27 billion as historic wealth gains unravel

By Devon Pendleton Elon Musk set records last year for one of the fastest streaks of wealth accumulation in history. The reversal is underway, and...

Two of India’s richest men caught in crossfire over farming

By Bhuma Shrivastava, Bibhudatta Pradhan and P R Sanjai Two of India’s richest men have landed in an unlikely controversy over farming laws, becoming targets...

Credit Suisse says Aramco may revive RIL deal if oil prices continue to rise

MUMBAI: Foreign brokerage firm Credit Suisse believes that global oil producer and refining giant Saudi Arabian Co, better known as Saudi Aramco, may revive its...

From the brink to recovery, India’s retail sector pins hope on 2021

NEW DELHI: With an epic battle of billionaires for supremacy in one of the world’s most prolific markets and a pandemic-propelled surge in online shopping...

Delhi High Court to give verdict on Future Retail-Amazon case on December 21

The Delhi High Court will give its verdict today on Future Retail’s petition to restrain Amazon from writing letters to regulators against the retailer’s asset...

Reliance to build ‘largest zoo in world’ in Gujarat | India News

AHMEDABAD: Reliance Industries Ltd will build what it claims to be the world’s largest zoo in Gujarat’s Jamnagar, a top company executive confirmed on Saturday....

Ambanis are now twice as rich as the second wealthiest family in Asia

NEW DELHI: High above the shimmering waters of Lake Lucerne in the Swiss Alps, one of the world’s wealthiest families convened in early September. Mukesh...

Jio’s home broadband push only a limited threat to Airtel: Motilal Oswal

KOLKATA: Reliance Jio’s aggressive overtures in the fibre-based home broadband turf won’t hurt Bharti Airtel, given the limited contribution of wired broadband revenues in the...

Why Amazon is feuding with a partner and billionaire Mukesh Ambani

By Bhuma Shrivastava and Upmanyu Trivedi A legal spat between Amazon.com Inc. and its Indian partner that started before an arbitrator in Singapore just got...

Mukesh Ambani takes on Amazon in one of the world’s last big consumer markets

By Saritha Rai, P R Sanjai and Bhuma Shrivastava Billionaire Mukesh Ambani obliterated rivals in India’s telecommunications sector by selling $2 data plans and free...

Reliance Industries Ltd.: RIL Q2 takeaways: Petchem, Jio outperform; but GRM disappoints

NEW DELHI: Reliance Industries, the biggest conglomerate in India, beat analysts’ estimates in September quarter earnings, with some segments performing brilliantly, but a close inspection...

Mukesh Ambani: All eyes on grocery etail as Ambani stares at a rival that can match him rupee for rupee

It looks like Reliance’s retail domination dream is about to come face to face with a rival that can match Ambani’s financial might rupee for...

Mukesh Ambani: Amazon set for face-off with Mukesh Ambani’s RIL for India retail dominance

By Upmanyu Trivedi, Saritha Rai and P R Sanjai Amazon.com Inc. and Mukesh Ambani’s Reliance Industries Ltd.’s fight for dominance of India’s lucrative e-commerce space...

Mukesh Ambani: Jio Platforms, Qualcomm successfully test 5G solutions, clock over 1 Gbps speed in trials

NEW DELHI: Qualcomm and Reliance Jio on Tuesday announced they have aligned efforts on 5G in order to fast-track development and rollout of indigenous 5G...

Working hard to transform India into a digital society: Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani said he will be working towards the transformation of India into a digital society, transforming the education and skill base...

Reliance Said to Plan Big Smartphone Push After Google Deal

Reliance Industries Ltd (RIL) has asked local suppliers to ramp up production capacity in India so they can make as many as 200 million smartphones...

Future Enterprises board meets tomorrow to seal RIL deal

MUMBAI: The board of Future Enterprises will meet on Saturday to finalise the sale of the group’s retail business to Reliance Retail. The all-cash deal...