Tag Archives: Mukesh Ambani

Saudi Aramco May Invest $15 Billion In Reliance; CEO Said ‘Still In Discussions’

Indian business tycoon and world 4th richest person, Mukesh Ambani’s Reliance seems to have more funding deals in its pipelines, as according to the reports, world’s largest crude oil producer The Saudi Arabian Oil Co. (Saudi Aramco) said it’s still working on a deal to buy a $15 billion stake in Reliance Industries Ltd’s (RIL). […]

Mukesh Ambani is now 4th richest man in world

Indian business tycoon and billionaire, Mukesh Ambani is now the world’s fourth-richest man. The chairman of oil-to-telecom conglomerate Reliance Industries, Mukesh Ambani secured the fourth position in Bloomberg Billionaires Index. Now only three names featured ahead of Ambani that is, Jeff Bezos, Bill Gates, and Mark Zuckerberg respectively. According to the list that shows the […]

Mukesh Ambani calls for 2G-free India; urges govt to take urgent policy measures

Reliance Industries Limited chairman and Aisa’s richest man, Mukesh Ambani on Friday urged the government to take urgent policy measures to make India 2G-free. Ambani said this at Desh Ki Digital, the silver jubilee event to mark the first mobile phone call made in India. In a video message, the chairman of oil-to-telecom conglomerate said; […]

Reliance Industries profit rises by 31% to Rs 13,248 crore; Jio also shows 183% hike

The net quarterly profit of Reliance Industries has achieved a new height rising by 31% to Rs 13,248 crore. The company attained a profit of Rs 4,966 crore by trading a stake to BP Plc of its fuel retailing joint venture. The net gain keeping out this deal in the April-June quarter was Rs 8,282 […]

Qatar’s sovereign wealth fund QIA may invest $1.5 billion in JioFiber

India’s largest company in terms of market capitalization, Reliance Industries Limited has been minting cash left and right across all its ventures. And RIL’s massive digital behemoth Reliance Jio Platforms has seen over $20Bn invested in so far. And now Mukesh Ambani-led Reliance is now looking to monetize its fiber assets, ‘JioFiber’ held by Jio […]

Reliance may buy Future Group’s retail biz for $3.6 billion: Mint

India’s largest company in terms of market capitalization, Reliance Industries Limited has been minting cash left and right across all its ventures. And RIL’s massive digital behemoth Reliance Jio Platforms has seen over $20Bn invested in so far. And now Aisa’s richest man & RIL’s president, Mukesh Ambani is eyeing to India’s huge retail sector. […]

Amazon in talks to buy 9.9% stake in Reliance retail arm: Reports

The world’s richest man, Jeff Bezos, and the world’s fifth-richest, Mukesh Ambani are believed to be in preliminary talks for a mega deal in India. Sources say initial talks are underway for Amazon to become a strategic investor in Ambani’s Reliance Retail, and buy a 9.9% stake. ET Now sources today reported that Amazon.com is […]

Reliance overcomes Oil dependence with the help of Facebook and Google investment

Recent Investments in Mukesh Ambani empire has helped him to embark on the new journey. Asia’s richest person is no longer only dependent on his oil empire which he inherited from his father. The Reliance Industries annual’s meeting would be a different one this year where Ambani meets the shareholders, not as an oil tycoon. […]

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