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Business | Oct 18, 2019, 12:51 PM
Billionaire Mukesh Ambani's Reliance Industries (RIL) on Friday added another feather to its cap and became the first Indian firm to hit the Rs 9 lakh crore market valuation mark. During late morning trade on BSE, the company's market capitalisation (m-cap) was Rs 9,01,490.09 crore.
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Business | Oct 11, 2019, 09:32 PM
Mukesh Ambani continues to be the richest Indian for 12th consecutive year according to the Forbes list. Mukesh Ambani, the Chairman of Reliance Industries has managed to add a handsome USD 4 billion in a year that made headlines for slump in economic growth and lessened demand in the automobile sector.
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Business | Oct 10, 2019, 02:09 PM
Reliance and its partner BP Plc of the UK, last month had put out Notice Inviting Offer (NIO) seeking bids from potential users for the 5 million standard cubic meters per day of natural gas they plan to produce from the R-Cluster Field in KG-D6 bloc
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Business | Oct 07, 2019, 06:19 PM
Samsung Electronics Vice Chairman Lee Jae-yong is currently in India, provoking speculation that the South Korean tech giant may make further investments to expand its presence in the country, industry sources said on Monday.
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Technology | Oct 01, 2019, 03:45 PM
The company claimed that nearly 7 crore 2G users have been on-boarded on JioPhone platform since its launch. It is targeting around 35 crores, such customers.
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Business | Sep 25, 2019, 08:44 PM
Who is the richest person in India? The latest IIFL Wealth Hurun India Rich List 2019 is out. And it enlists a whole lot of Indian business tycoons operating large conglomerates in its top 10 rankings. Here's the top 10 richest Indians list with their net worth. Take a read:
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Business | Sep 26, 2019, 02:53 PM
Mukesh Ambani has topped the list of richest Indians for the eighth consecutive year. The Reliance Industries' Chairman has a net worth of Rs 3,80,700 crore, according to the latest IIFL Wealth Hurun India Rich List.
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Business | Sep 19, 2019, 05:00 PM
No rise in Ambani's stake,The sole beneficiary of Petroleum Trust is Reliance Industrial Investments and Holdings Limited (RIIHL), a 100 per cent subsidiary of RIL and hence the ultimate beneficiaries of these shares are the shareholders of RIL.
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Celebrities | Sep 09, 2019, 01:22 PM
Abhishek Bachchan, Amitabh Bachchan follow the trend and visit Lalbaugcha Raja pandal in Mumbai to seek blessings from Ganpati Bappa. Ambani family too joins in to offer prayers to Lord Ganesha.
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Celebrities | Sep 02, 2019, 11:30 PM
Reliance chairperson Mukesh Ambani's Mumbai home Antilia has been decorated like a new bride as the family welcomed Lord Ganesh to their house.
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Celebrities | Aug 28, 2019, 03:16 PM
Mukesh Ambani and Nita Ambani turned host for the launch party of Abu Jani-Sandeep Khosla's book India Fantastique. Recently, the ace designer duo Abu Jani and Sandeep Khosla took to their Instagram and shared another throwback picture from the year 2012.
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Business | Aug 14, 2019, 01:52 PM
On August 12, 2019, Reliance announced that it has signed a non-binding letter of intent to sell a 20 per cent stake in its Oil to Chemical (O2C) business to Saudi Arabian Oil Company (Aramco).
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Business | Aug 14, 2019, 02:44 PM
Bloomberg's ranking of the world’s richest families is out and has revealed how heirs at the top of the list are watching their fortunes grow by millions of dollars every hour. The Walton family of Walmart is the richest family in the world, with a total family wealth of $191 billion, according to Bloomberg’s most recent financial report.
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Business | Aug 13, 2019, 01:49 PM
Reliance Industries shares surged 12 per cent on Tuesday - which is believed to be its biggest one-day gain in over a decade - adding over Rs 80,000 crore to its market cap. This comes a day after Reliance Industries chairman Mukesh Ambani announced the Aramco deal at the company's shareholder meeting.
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Business | Aug 13, 2019, 10:30 AM
Domestic equity benchmark BSE Sensex surged over 200 points in early trade on Tuesday, dragged by losses in index heavyweights HDFC twins, Infosys and ITC, amid weak global cues. However, Reliance Industries (RIL) shared capped the losses on the index by rallying over 8 per cent, a day after its 42nd Annual General Meet (AGM).
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Business | Aug 12, 2019, 04:56 PM
Describing the fundamentals of the Indian economy as strong, Reliance Industries Ltd (RIL) Chairman Mukesh Ambani on Monday said that the ongoing slowdown in some sectors of the economy is temporary.
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Business | Aug 12, 2019, 03:02 PM
Richest Indian Mukesh Ambani on Monday announced plans to sell stakes in his flagship Reliance Industries' oil and chemical business to Saudi oil giant Aramco and in fuel retail network to BP plc of UK for a combined Rs 1.15 lakh crore as he looked to make his company a zero-net debt firm in 18 months.
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Technology | Aug 12, 2019, 01:35 PM
The roll-out date of Jio Giga Fiber was announced by Mukesh Ambani at the 42nd AGM of Reliance Industries. A plethora of exciting offers and products were revealed.
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Business | Aug 12, 2019, 01:17 PM
British energy giant BP will pay about Rs 7,000 crore for acquiring a 49 per cent stake in Reliance Industries' fuel retailing network, billionaire Mukesh Ambani said on Monday.
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Business | Aug 12, 2019, 12:55 PM
Mukesh Ambani on Monday said that Jio which has amassed over 340 million subscribers in less than three years, is now ready to fire four new growth engines including Internet of Things (IoT) for the entire country, home and enterprise broadband services as well as broadband for SMEs.