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The Latest Breaking News from Mukesh Ambani

Reliance to demerge financial services arm Jio Financial Services; list it on stock exchanges

NEW DELHI: Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.

The Times of India

Reliance Jio Q2 net profit rises 28% to Rs 4,518 crore

NEW DELHI: Reliance Jio Infocomm, the digital arm of Mukesh Ambani's Reliance Industries on Friday posted a 28% rise in its consolidated net profit for the second quarter ending September 30.

The Times of India

Ambani family has been target of threats over the years

MUMBAI: Calls received by a hospital run by the Reliance Foundation threatening to kill Mukesh Ambani and his family members were the latest of the threats received by the billionaire industrialist. Mumbai Police on Thursday arrested Rakesh Kumar Mishra (30) from Darbhanga in Bihar for allegedly making calls to Sir…

The Times of India

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5G foundational technology that unlocks full potential of other 21st century tech: Mukesh Ambani

The Reliance Industries Chairman Mukesh Ambani said I think of fifth generation mobile technology (5G) as the acronym for five goals that can fundamentally transform our nation. Read more on Dynamite News:

Dynamite News

Jio 5G across India by Dec 2023: Mukesh Ambani

Reliance Industries in August announced the rollout of 5G services from four metro cities of Delhi, Mumbai, Chennai and Kolkata by Diwali

The Hindu

India’s Reliance Launches First In-house Premium Fashion Store

Reliance Industries Ltd's (RELI.NS) retail unit launched its first in-house premium fashion and lifestyle store on Thursday, as the billionaire Mukesh Ambani-led company continues to grab a bigger slice of India's luxury market. The new store chain called Azorte, the first of which was launched in Bengaluru, will compete with…

Asharq Al-Awsat

Government upgrades Mukesh Ambani's security cover to Z plus

A total of 40-50 commandos could be part of the security unit that works in shifts to provide the cover

The Hindu

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Akash Ambani on Time's 100 emerging leaders' list

Akash Ambani is the only Indian on the list of world's rising stars

The Hindu

PM likely to launch 5G services on October 1

NEW DELHI:

The Hindu

India's Rs 1,000 crore rich club grows, teen entrepreneur makes debut

CHENNAI: Regardless of Covid pandemic, inflation or the Ukraine War, India's richest grew by 96 persons to 1,103 spread over 122 cities and have Rs 1,000 crore or more as per the AIIFL Wealth Hurun India Rich List 2022.

The Times of India

Rs 1,600 crore a day: How Adani surpassed Ambani to be India's richest person

NEW DELHI: Gautam Adani, who is the world's second richest person with a wealth of Rs 10.94 lakh crore, has added more than Rs 1,600 crore to his earnings per day in the last one year, according to IIFL Wealth Hurun India Rich List 2022.

The Times of India

Mukesh Ambani offers prayers at Guruvayur temple

He contributes ₹1.51 crore to Annadanam fund

The Hindu

Reporters Without Orders Ep 237: Mukesh Ambani’s News Nation stake, Bihar youth’s arrest

In this episode, host Nidhi Suresh is joined by Newslaundry reporters Ayush Tiwari and Basant Kumar.

Newslaundry

Mukesh Ambani donates ₹1.50 cr. to Tirumala temple

TIRUMALA

The Hindu

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Benzinga

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.

The Guardian - UK

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

Benzinga

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.

Newslaundry

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.

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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.

The Times of India

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

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.

Al Jazeera

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.

The Times of India

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.

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