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The Latest Breaking News from Mukesh Ambani

India's Reliance reports mixed results as taxes hurt oil business

Mumbai (AFP) - Indian conglomerate Reliance Industries reported mixed quarterly results on Friday, with weakness in its core oil-refining business hurting profits even as its retail and telecom arms posted strong earnings.

AFP

Jeff Bezos Reclaims World's Second Richest Place

The founder of the e-commerce giant Amazon had lost an honorary title in recent weeks.

The Street

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:

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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

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

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PM likely to launch 5G services on October 1

NEW DELHI:

The Hindu

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

Bezos Loses Title of World's Second Richest Man to Indian Billionaire

Amazon's founder and executive chairman was the world's richest man for several years before falling to second place.

The Street

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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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.

The Street

Indian Billionaire Surges to Threaten Elon Musk, Jeff Bezos

The CEO of Tesla and the founder of Amazon remain the world's first and second richest men, respectively. But their throne appears fragile for the first time.

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.

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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.

AFP

Ambani commits $25 bn to launch 5G in India

Mumbai (AFP) - Indian billionaire Mukesh Ambani on Monday announced an investment of $25 billion to launch 5G networks in India, aiming to strengthen his grip on one of the world's fastest-growing smartphone markets.

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

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…

AFP

Indian tycoon's bid for broadcaster stokes media freedom worries

New Delhi (AFP) - An Indian billionaire close to Prime Minister Narendra Modi is trying to buy a broadcaster seen as the last major critical voice on television, stoking fears about media freedom in the world's largest democracy.

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Priyanka Gandhi Vadra

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