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Tag: Mukesh Ambani

Jio mulls plans to get into Satellite Communications

Posted on June 19, 2026 By admin
Jio mulls plans to get into Satellite Communications

File photo of Reliance Industries Chairman Mukesh Ambani. | Photo Credit: ANI Speaking at the Annual General Meeting of Reliance Industries on Friday (June 19, 2026), CMD Mukesh Ambani announced the approval of Jio IPO. “Jio connected India on the ground. Now, we must connect India from the skies. There are still remotest villages, island…

Read More “Jio mulls plans to get into Satellite Communications” »

Business

Reliance to invest ₹7 lakh crore in Gujarat over next five years: Mukesh Ambani

Posted on January 11, 2026 By admin
Reliance to invest ₹7 lakh crore in Gujarat over next five years: Mukesh Ambani

Speaking at the Vibrant Gujarat Regional Conference in Rajkot on Sunday (January 11, 2026), Mukesh Ambani, Chairman of Reliance Industries, said Gujarat is far more than just a location for the group. “For Reliance, Gujarat is our body, heart, and soul. We are a Gujarati company,” he said. Mr. Ambani said he was making five…

Read More “Reliance to invest ₹7 lakh crore in Gujarat over next five years: Mukesh Ambani” »

Business

After Musk-Ambani Tussle, India Bets Satellite Spectrum Policy Can Attract Many Companies

Posted on January 20, 2025 By admin
After Musk-Ambani Tussle, India Bets Satellite Spectrum Policy Can Attract Many Companies

New Delhi: India’s decision to allocate satellite spectrum, rather than auction it, will give consumers more choice, the telecoms minister said on Monday, playing down concern by Mukesh Ambani’s Reliance Jio that it could lose out to Elon Musk’s Starlink. Starlink has long wanted to launch in India and has in recent months clashed with…

Read More “After Musk-Ambani Tussle, India Bets Satellite Spectrum Policy Can Attract Many Companies” »

Nation

Reliance seeks up to $3 bn loan for debt-refinancing, says media report

Posted on December 10, 2024 By admin
Reliance seeks up to  bn loan for debt-refinancing, says media report

FILE PHOTO: A bird flies past a Reliance Industries logo installed on its mart in Ahmedabad, India January 16, 2017. REUTERS/Amit Dave/File Photo | Photo Credit: Reuters “Reliance Industries is in talks with banks for a loan of as much as $3 billion to refinance debt that is due next year,” Bloomberg News reported on…

Read More “Reliance seeks up to $3 bn loan for debt-refinancing, says media report” »

Business

Reliance Asks Telecom Regulator To Review Reach Of Starlink, Amazon: Report

Posted on November 15, 2024 By admin
Reliance Asks Telecom Regulator To Review Reach Of Starlink, Amazon: Report

Starlink is seeking security clearance for a licence to offer satellite broadband services in India Billionaire Mukesh Ambani’s Reliance has asked the telecom regulator to review the potential reach of Elon Musk’s Starlink and Amazon’s Kuiper before awarding satellite spectrum amid concerns local players could suffer, a letter showed on Friday. Reliance’s letter, which is…

Read More “Reliance Asks Telecom Regulator To Review Reach Of Starlink, Amazon: Report” »

World

Reliance Asks Telecom Regulator To Review Reach Of Starlink, Amazon: Report

Posted on November 15, 2024 By admin
Reliance Asks Telecom Regulator To Review Reach Of Starlink, Amazon: Report

Starlink is seeking security clearance for a licence to offer satellite broadband services in India Billionaire Mukesh Ambani’s Reliance has asked the telecom regulator to review the potential reach of Elon Musk’s Starlink and Amazon’s Kuiper before awarding satellite spectrum amid concerns local players could suffer, a letter showed on Friday. Reliance’s letter, which is…

Read More “Reliance Asks Telecom Regulator To Review Reach Of Starlink, Amazon: Report” »

Nation

Starlink In India Soon? Elon Musk Takes On Mukesh Ambani’s Reliance Jio

Posted on November 12, 2024 By admin
Starlink In India Soon? Elon Musk Takes On Mukesh Ambani’s Reliance Jio

New Delhi: India’s internet and telecom sector is likely to get a new entrant – Elon Musk’s Starlink – a game-changer for internet users in the world’s most populous country. Elon Musk will be taking on behemoths like Mukesh Ambani’s Jio and Sunil Bharti Mittal’s Airtel besides national carrier BSNL to provide ultra-high speed connectivity…

Read More “Starlink In India Soon? Elon Musk Takes On Mukesh Ambani’s Reliance Jio” »

Nation

Reliance Industries Q2 net profit drops 2.8% to ₹19,323 crore

Posted on October 14, 2024 By admin
Reliance Industries Q2 net profit drops 2.8% to ₹19,323 crore

Reliance Industries Limited (RIL) chairman Mukesh Ambani. File | Photo Credit: PTI Reliance Industries Ltd reported second quarter consolidated net profit dropped 2.8% to ₹19,323 crore from ₹19,878 crore in the same period last year. Gross revenue for the quarter ended September 30, 2024 remained stable Y-o-Y at ₹2,58,027 crore, the company said in a…

Read More “Reliance Industries Q2 net profit drops 2.8% to ₹19,323 crore” »

Business

Gautam Adani Emerges As Biggest Dollar Gainer In Forbes Rich List 2024

Posted on October 10, 2024 By admin
Gautam Adani Emerges As Biggest Dollar Gainer In Forbes Rich List 2024

With his brother Vinod, Gautam Adani added $48 billion to take the familys net worth to $116 billion New Delhi: Adani Group chairman Gautam Adani emerged as the biggest dollar gainer on Thursday among the list of Forbes India’s 100 richest tycoons, with the family’s net worth rising to $116 billion. Along with his brother…

Read More “Gautam Adani Emerges As Biggest Dollar Gainer In Forbes Rich List 2024” »

Nation

Hurun India Rich List, Gautam Adani, Mukesh Ambani: Top 10 Richest Families

Posted on August 29, 2024 By admin
Hurun India Rich List, Gautam Adani, Mukesh Ambani: Top 10 Richest Families

Gautam Adani and family saw a 95 per cent increase in their wealth. (FILE) New Delhi: Gautam Adani’s family, with a wealth of Rs 11.6 lakh crore, has clinched the number 1 spot on the 2024 Hurun India rich list. This list refers to the richest Indians in the world. This is the 13th year…

Read More “Hurun India Rich List, Gautam Adani, Mukesh Ambani: Top 10 Richest Families” »

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