Tag: Mukesh Ambani

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

January 11, 2026 admin

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…

Business

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

January 20, 2025 admin

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…

Nation

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

December 10, 2024 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…

Business

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

November 15, 2024 admin

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…

World

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

November 15, 2024 admin

Nation

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

November 12, 2024 admin

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…

Nation

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

October 14, 2024 admin

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…

Business

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

October 10, 2024 admin

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…

Nation

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

August 29, 2024 admin

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…

Nation

Reliance to commission first solar giga-factory this year

August 29, 2024 admin

Reliance Industries Ltd plans to commission its first solar giga-factory this year. File | Photo Credit: PTI Reliance Industries Ltd, India’s most valuable company, plans to commission its first solar giga-factory this year as part of a pivot towards green energy, its chairman Mukesh Ambani said on Thursday (August 29, 2024). The solar giga factory…

Business