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3 mins read
Reliance Jio lost subscribers for the first time in 10 quarters but there's good news for Mukesh Ambani in this too
Essentially, subscribers who use Jio as a second SIM either to retain their number or to conti…
3 mins read
As long as Mukesh Ambani is there to rescue, the market doesn't care about Future Retail's financial stress
The shares of Kishore Biyani-led Future Retail rallied nearly 9% during early trade on Monday morni…
2 mins read
Reliance Jio gets its second big jolt on its path to 500 million subscribers
Mukesh Ambani’s dream of 500 million subscribers has received yet another jolt – Reliance Jio lost …
2 mins read
Reliance Retail’s profit more than halves but Mukesh Ambani puts the spotlight on surging orders on JioMart
Mukesh Ambani’s Reliance Retail has not been spared from the impact of the coronavirus lockdown. Re…
2 mins read
Jio is slowing down in the race to 500 million subscribers – a goal set by none other than Mukesh Ambani
Mukesh Ambani-led Reliance Jio reported a loss of subscribers for the first time since January 2020…
1 min read
Mukesh Ambani's Reliance acquires majority stake in Strand Life Sciences for ₹393 crore
A further investment of up to ₹160 crore is expected to be completed by March, 2023. "Th…
PTI
3 mins read
Cyrus Mistry's Sterling & Wilson was at the right place at the right time for Mukesh Ambani's green energy ambitions
Three months ago, Sterling & Wilson Solar was struggling to arrange working capital to run the …
9 mins read
ToneTag, backed by Amazon and Mastercard, is ready to go beyond payments using sound waves, not internet and smartphones
Bengaluru-based ToneTag is using sound waves to power contactless payments and commerce targeting p…
2 mins read
Here’s why Reliance Jio bought spectrum from Bharti Airtel
Airtel said in a statement it has received Rs 1,004.8 crore (net of tax) from Jio for the propos…
PTI
2 mins read
Mukesh Ambani’s youngest son Anant Ambani who said “Reliance meri jaan hai” joins Jio Platforms as Director
But who is Anant Ambani? The 25-year old is the third child of Mukesh and Nita Ambani. He’s the …
5 mins read
Ambani vs Damani — India’s $635 billion retail ring will see the country’s two richest men battle with different strategies
With Reliance Retail acquiring Future Retail, India’s richest man Mukesh Ambani struck down one maj…
2 mins read
Mukesh Ambani snatches Asia’s richest man title back from Jack Ma with a little help from Mark Zuckerberg
But one of his most promising businesses - Jio - has had a white knight in the form of Mark …
2 mins read
Mukesh Ambani starts another tariff war with Jio Fiber's rock-bottom tariffs
At half the price, the company's introduced a new top-up that only costs ₹350 per month and offe…
2 mins read
Reliance-Saudi Aramco $15 billion deal is going through due diligence before final decision
Amin Nasser, CEO, Saudi Arabian Oil Company commented on the status of the potential transaction…
3 mins read
From Mukesh Ambani to Gautam Adani — India's top billionaires increased their wealth by 35% during COVID-19 pandemic
Since March as the government announced lockdown, India's top 100 billionaires saw their for…
2 mins read
Crashing crude oil cracks Reliance Industries fourth-quarter profit by nearly 40%
India's largest conglomerate by market value, Reliance Industries (RIL) reported a 38.7% drop in fo…
1 min read
ICICI Bank shares fall 3% after its admits to a $100 million exposure to Singapore trading firm
In a regulatory filing, ICICI Bank said it is taking due steps to protect its interests, and w…
2 mins read
Facebook’s investment in Reliance Jio boosts RIL share value by ₹50,000 crore
At 9.07 am, RIL’s shares were trading at ₹1,320 which is 6.68% higher than the previous close. T…
4 mins read
Mukesh Ambani's Reliance Industries will add ₹25,000 crore to its mammoth pile of debt
Reliance Industries Limited (RIL), owned by Asia's second-richest man Mukesh Ambani (whose net wort…
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 …