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The Latest Breaking News from Mukesh Ambani

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.

The Times of India

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…

Newslaundry

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

Daily Mirror

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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:

Dynamite News

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…

The Times of India

Asia’s richest men prep for battle as Gautam Adani enters Mukesh Ambani’s turf

MUMBAI: In June, Indian billionaire Mukesh Ambani and his aides ran into an unexpected dilemma when debating where to train the dealmaking lens of his empire next.

The Times of India

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Reliance joins Indian Olympic Association as principal partner

The partnership has "an aspiration to host the Olympic Games in the future", the company said in a statement

The Hindu

5G spectrum auction: Rs 1.45 lakh crore bids by Jio, Airtel, others on day 1

NEW DELHI: India's largest ever auction of spectrum used to carry mobile signals saw bids of Rs 1.45 lakh crore for 5G airwaves from groups run by tycoons Mukesh Ambani, Sunil Bharti Mittal and Gautam Adani on the first day on Tuesday.

The Times of India

SC allows Centre to continue providing security to Mukesh Ambani, family in Mumbai

A Bench led by Chief Justice of India accepts Solicitor General's submissions that security was provided after taking into consideration threat perceptions and ground realities

The Hindu

Who are the top five richest people in the world? Trump win boosts Elon Musk's fortune

The X owner has seen his shares and bank balance rocket after Donald Trump’s victory in the election

Evening Standard

Here's How Much Elon Musk, Jeff Bezos And Top 10 Billionaires Lost In The First Half of 2022

The S&P 500 posted its worst first half to a year since 1970. The sharp declines for many publicly traded companies sent the net worth of the world’s richest billionaires down to start the year. Here’s how much wealth the top 10 richest people lost.

Benzinga

The Weekly Wrap for Saturday, 2 July 2022

Having broken free from an ideologically balanced, swinging bench of justices, America's Supreme Court is now going hard on Constitutional literalism and states' rights. Roe last week, the EPA this week. The docket is full this year.

inkl Originals

Explained in 10 charts: Why Mukesh Ambani's heirs will take over an empire different from what he inherited

NEW DELHI: Mukesh Ambani, the chairman of India's most valued firm Reliance Industries, has taken the first step to pass on the reins of leadership to the next generation of Ambanis.

The Times of India

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The Times of India

Mukesh Ambani sets succession plan in motion by promoting his children

MUMBAI: Indian billionaire Mukesh Ambani just got busy with the early stages of succession planning at his energy-to-technology conglomerate Reliance Industries Ltd, naming two of his offspring as chiefs of key units in his $217 billion empire.

Dynamite News

SC stays Tripura HC order seeking threat perception details of Ambani family

The Supreme Court on Wednesday stayed the Tripura High Court orders that had sought from the Centre the details of threat perception based on which security cover was provided to Reliance Industries chairman Mukesh Ambani and his family in Mumbai.

The Hindu

Supreme Court stays implementation of Tripura HC orders on security cover to Ambanis

Solicitor General Tushar Mehta, appearing for the Centre, said further proceedings before the High Court on the PIL shall also be stayed as Tripura has nothing to do with the security of individuals provided in Mumbai.

Dynamite News

Mukesh Ambani resigns from Reliance Jio Board, Akash appointed Chairman

Reliance Industries chairman Mukesh Ambani has resigned from the board of Reliance Jio handing over reigns to his elder son Akash Ambani, who will be Chairman of the Board of Directors.

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The Times of India

India's Mukesh Ambani resigns from Reliance Jio; hands over telecom business reins to son

NEW DELHI: In the first clear signs of a succession plan being charted out at India's most valuable company, billionaire Mukesh Ambani resigned from the board of his $217 billion group's telecom arm, Reliance Jio, and handed over the firm's reins to elder son Akash Ambani.

The Hindu

Supreme Court to hear Centre’s plea against Tripura HC order on security cover to Ambanis

Solicitor-General Tushar Mehta said he wants the appeal to be heard urgently as the High Court has asked Home Ministry officials to appear before it on June 28 with original records

The Times of India

Adani Group fastest in valuation growth at 88%, Mukesh Ambani-led RIL up 13.4%: Report

MUMBAI: The Adani Group has gained the most in terms of value in the six months to April 2022, with a 88.1 per cent jump to Rs 17.6 lakh crore, a report said on Wednesday.

The Times of India

IPL Media Rights: Amazon pulls out; Star, Viacom18, Sony, Zee in 4-way race

NEW DELHI: The much-anticipated duel between Jeff Bezos and Mukesh Ambani for acquisition of one of world's costliest sporting properties won't materialise now as OTT giants Amazon on Friday pulled out of IPL media rights bidding, scheduled to start on Sunday.

The Times of India

Amazon plans to exit $7.7 billion race for cricket rights

Amazon.com Inc. is planning to withdraw from a heated competition for the rights to stream Indian Premier League cricket matches, ceding one of the world’s most popular sporting contests to rivals from Walt Disney Co. to Mukesh Ambani’s Reliance Industries Ltd.

Birmingham Post

Indian billionaire Mukesh Ambani and Apollo Global Management reportedly make £5bn Boots bid

In April an insider told BusinessLive eighth richest on earth was interested in buying the high street business

The Guardian - UK

Reliance Industries and Apollo Global Management in £5bn bid for Boots

Mukesh Ambani teams up with US private equity fund, with Walgreens expected to retain minority stake

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