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6 mins read
Shiv Nadar is India’s most generous billionaire but young guns have their hearts in the right place
Tech billionaires like Shiv Nadar of HCL Technologies and Wipro’s Azim Premji are a cut above the r…
1 min read
The rise and fall of Anil Ambani’s Reliance Communications
Long before Reliance Jio, around the time when millennials were mere children, Reliance Infocomm ha…
2 mins read
Mukesh Ambani & Anil Agarwal lose ₹1.17 lakh crore in a few hours as government slaps two different oil taxes
It also brought in export oriented petroleum units like Reliance’s Jamnagar refineries – which…
5 mins read
Gautam Adani, Mukesh Ambani account for 59% of India’s top 10 billionaires’ wealth
Gautam Adani added 5 lakh crore to his wealth last year to become the richest Indian, beating Mukes…
1 min read
Anil Ambani gets a sigh of relief as NCLAT dismisses a contempt plea against him
A minor shareholder HSBC Daisy Investments had moved the court for Ambani’s Reliance Infratel’s …
3 mins read
The Tata name is worth $19.5 billion — more than the brand value of LIC and Infosys put together
The group is one of India's largest with operations all over the world in over 100 countries. …
2 mins read
Two Anil Ambani Group stocks — which were trading for less than ₹1 — are buzzing again
The share prices of Anil Ambani’s Reliance Communication and Reliance Naval and Engineering (RNEL…
1 min read
Reliance Communications says it will clear Rs 25, 000 crore debt by September end
RCom told its lenders it is going to seal two business deals and will pay the debt from the amo…
2 mins read
Missed loan payments force banks to red flag Anil Ambani's Reliance Communications
SMA means loans with overdue interest payment from borrowers, marked SMA 1 if a loan isn't servi…
3 mins read
Intense tariff war is bleeding telecom operators. Here’s the proof
With annual interest payments, loan re-payment obligation, spectrum-related outgo and capex ex…
1 min read
RCom refuses to accept Moody’s and Fitch rating downgrades
The fall in shares accelerated the firm's losses in the past month to around 38%. It add…
1 min read
RCom in advanced trading talks with Jio, says Anil Ambani
While addressing the shareholders at RCom’s Annual General Meeting, Ambani said that the deal with …
1 min read
Virat and Anushka likely to get engaged on Jan 1; Bachchans and Ambanis have already reached the resort
The hotel is off-limits for all non-guests and reportedly, staff had also been reportedly told to s…
2 mins read
Airtel stock is getting knocked down as investors fear it may have to pay Videocon's dues
Airtel, India's second largest telecom operator by subscribers, had bought spectrum from the now ba…
2 mins read
Mukesh Ambani's Reliance Industries may get some comfort from Jio and Reliance Retail as profits from petrochemicals may slip
Refining margins have been muted last few months due to the fall in demand for oil products. And …
5 mins read
Here’s a look at how Mukesh Ambani, Anand Mahindra, Kiran Mazumdar Shaw gave a shout out during Janata Curfew
As the clock struck 5 pm on March 22, millions of people — who were observing a self-regulated curf…
2 mins read
Top three telecom companies’ debt is at ₹3.9 lakh crore — that’s half of India’s fiscal deficit
It doesn’t look like the debt is going away anytime soon. Jio’s predatory data tariffs are …
2 mins read
Mukesh Ambani's Reliance Industries profit grows 6.8% even as refining margin hits the lowest in 18 quarters
Reliance Industries posted a profit of ₹101 billion, a jump of 6.8% between April and June 2019 fro…
4 mins read
The fall of Yes Bank founder Rana Kapoor from a billion dollars to facing a ₹4300 crore investigation
India’s second richest banker Rana Kapoor — former MD and CEO of troubled Yes Bank — was taken in…