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The Latest Breaking News from Mukesh Ambani

Mukesh Ambani donates ₹1.50 cr. to Tirumala temple

TIRUMALA

The Hindu

Tuesday's Market Bloodbath Hit The Top 10 Richest People Where It Hurts: Here's Who And How Much

A market sell-off on the heels of Consumer Price Index (CPI) inflation data Tuesday saw the broader U.S. markets post their worst day year-to-date in 2022. Here’s a look at how the market collapse impacted the wealth of the richest people in the world.

Benzinga

India is quietly laying claim to economic superpower status

India recently overtook UK as the world’s fifth biggest economy – and it could be third by 2030

The Guardian - UK

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Why Is Anil Ambani's Reliance Power Up 40%?

Shares of Reliance Power (NSE: RPOWER) have been volatile after the Indian electric company secured a long-term debt agreement for up to 12 billion rupees ($150.4 million) from private equity firm Varde Partners, a US-based investment firm focused on distressed assets in India.

Benzinga

Hafta letters: Mukesh Ambani, series on Congress scams, Hafta thumbnails

I had sent this to AnA also but would appreciate it if you can read it on Hafta also.

Newslaundry

Adani’s NDTV takeover is a worrying portent for Indian media: Economist

Billionaire Gautam Adani’s takeover of NDTV has invited media attention not just in India but also abroad. In a recent piece the Economist describes the “tycoon’s takeover bid for an independent broadcaster is a worrying portent”, not least for media freedom.

Newslaundry

In 5 charts: How Gautam Adani became first Asian to reach top 3 richest in world

NEW DELHI: When the world went into Covid-induced lockdowns plunging the global economy into a crisis, the worried investors in India had their eyes on the possible impact on Mukesh Ambani who was then the undisputed leader.

The Times of India

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Gautam Adani becomes world’s third-richest person as wealth surges

NEW DELHI: Few outside of India had heard of Gautam Adani just a few years ago. Now the businessman, a college dropout who first tried his luck as a diamond trader before turning to coal, has become the world’s third-richest person.

The Times of India

Reliance emerges as a winner after India’s wheat ban

Reliance had the paperwork it needed to export wheat and has quickly become the No 2 exporter since the ban.

Al Jazeera

Mukesh Ambani details succession plan: Retail to Isha, energy to Anant

NEW DELHI: Billionaire Mukesh Ambani on Monday laid bare the succession plan at India's most valuable company, identifying twins children Akash and Isha for telecom and retail leadership, and youngest son Anant for new energy unit.

The Times of India

WhatsApp rolls out in-app shopping product with JioMart

NEW DELHI: WhatsApp, the popular messaging service owned by Meta Platforms, is rolling out a shopping product in India, the first time users will be able to browse and purchase groceries and other household products without leaving the app.

The Times of India

Reliance plans Rs 2.75 lakh crore investment; prepares for larger battle with Adani group

MUMBAI: Billionaire Mukesh Ambani on Monday announced a Rs 2.75 lakh crore investment plan to expand and diversify his $221 billion-empire by rolling out 5G services from October, adding capacity in the core oil and chemical business and taking on rival Gautam Adani with a foray into FMCG sector.

The Times of India

5G rollout by Diwali, Qualcomm partnership: Key points from Reliance Industries' AGM

NEW DELHI: Reliance Industries on Monday conducted its 45th annual general meeting (AGM). This is the 3rd time when RIL conducted its AGM virtually.

The Times of India

Reliance to enter FMCG business this year, partner 1 crore merchants in 5 years

NEW DELHI: The country's largest retailer Reliance Industries on Monday announced that it will enter the fast-moving consumer goods (FMCG) business this year as part of its expansion plan.

The Times of India

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Dynamite News

Reliance AGM 2022: Mukesh Ambani says daughter Isha is leader of retail business

Billionaire Mukesh Ambani on Monday introduced daughter Isha as leader of his conglomerate's retail business as he details succession planning at India's most valuable firm.

Dynamite News

Reliance AGM 2022: Jio to launch 5G by Diwali, aims to cover entire country by 2023, Mukesh Ambani

Reliance chairman Mukesh Ambani made the announcement while addressing the shareholders at the Annual General Meeting via immersive and interactive metaverse technology. Read more on Dynamite News:

The Hindu

Reliance Jio to invest ₹2 lakh crore in 5G; rollout in metros by Diwali

5G services to be expanded to entire India by December 2023: Mukesh Ambani

The Times of India

India beacon of growth, stability: Mukesh Ambani

MUMBAI: Billionaire Mukesh Ambani on Monday said India stands as a beacon of growth and stability amid global crisis.

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Newslaundry

‘NDTV will change fundamentally’: What the news industry makes of the Adani takeover

All calls to NDTV staff on Wednesday were rather short. Asked to comment on the Adani group’s acquisition of their TV network, they declined to speak, even off the record. Coaxing did not help. Several anchors at NDTV 24x7, the network’s flagship English news channel, said they had nothing to…

The Times of India

NDTV stock rises 5%; hits upper circuit limit on Adani group takeover bid

NEW DELHI: NDTV's share price rose 5 per cent, hitting the upper circuit in opening trade on Wednesday, a day after the Adani group launched a hostile bid to take over the media house.

Newslaundry

How Adani is taking over NDTV without consulting the Roys

Through an indirect deal, the media arm of Adani Enterprises, led by Gautam Adani, the fourth richest person in the world, will acquire nearly 30 percent of NDTV’s shares over the next two days. The deal has kicked in an open offer, under which the Adani group is open to…

Daily Mirror

5 most likely candidates to buy Man Utd amid claims Glazers are softening sale stance

Manchester United could change hands in the next two years with speculation growing that the Glazers could sell up which would leave them looking for a wealthy buyer

Dynamite News

Mukesh Ambani, family get threat calls; one detained by Mumbai police

The man, identified as Afzal, had made the threat calls on a landline number at the Reliance Foundation Hospital. Read more on Dynamite News:

The Times of India

Mukesh Ambani looks to repeat telecom feat in new energy

NEW DELHI: Reliance Industries Ltd, whose offering of rock-bottom tariffs shook up the telecom industry, is looking to repeat the feat in the green energy business, where its billionaire chairman Mukesh Ambani sees promise to outshine all existing growth engines in 5-7 years.

The Times of India

Mumbai: Accused moves special CBI court in Nusli Wadia case

MUMBAI: An accused in a case of a murder attempt on industrialist Nusli Wadia, has moved the special CBI court alleging that the investigating agency seems to have been wilfully shielding and trying to avoid arraying industrialist Mukesh Ambani as an accused. Accused Ivan Sequira in his plea alleged that…

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