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Latest Articles in Mukesh Ambani

SC Rejects Plea For Relief On $ 13 Billion Telco Levy; Vodafone Tumbles

Shares in Vodafone Idea tumbled as much as 40 pc to a 2-month low on Friday, wiping out nearly USD 1 bn in market capitalisation.

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Billionaire Ambani's Reliance Posts Record Profit On Consumer Strength

The company had previously said it would sign a definitive agreement with Aramco by March 2020.

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RIL Posts Highest Ever Quarterly Profit Of Rs 11,640 Crore in Q3

RIL's overall revenue declined by 1.40 per cent to Rs 1.69 lakh crore from Rs 1.71 lakh crore in the year-ago period.

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Supreme Court Rejects Plea For Relief On $13 Billion Telco Levy

Vodafone Idea, a joint venture between Britain's Vodafone Group Plc and India's Idea Cellular, as the unit is saddled with about $3.9 billion in overdue payments, the biggest portion of the entire industry levy.

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Reliance And BP Move Forward With Indian Fuels Partnership

"The new venture, further development of RIL and BP's longstanding partnership, will include an India-wide fuels retail service station network and aviation fuel marketing business," according to a joint statement.

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Reliance Signs Pact To Get Over Rs 25,000 Crore Investments From Brookfield

"We are pleased to enter into this long and strategic relationship with Brookfield which is one of the largest and most respected managers of infrastructure assets globally," said Mukesh Ambani, Chairman and Managing Director of RIL.

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Reliance Industries' Arm Acquires 85% Stake In Nowfloats Technologies

RSBVL proposes to make a further investment of up to Rs 75 crore subject to achieving agreed milestones, Reliance said in a statement.

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Average Customer Unlikely To Pay For Outgoing Calls, Says Reliance Jio

Reliance Jio is offering 1,000 minutes per month (28-day cycle) of free calling every month across all plans.

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Bellwether Index Continues Its Bipolar Behaviour

On the technicals front, the NIFTY continued to test the upper Bollinger Band channel but failed to break out.

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India's Reliance In Talks To Sell News Assets To Times Group: Bloomberg

Local media reported last week that Reliance was in talks with Japan's Sony Corp for a stake sale in Network 18 Media and Investments.

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Japan's Sony In Talks To Buy Stake In India's Network18 Media: Bloomberg

Network18 shares rose 18 per cent, while shares of TV18 Broadcast, the broadcast arm of the Network 18 group, were up 4 per cent.

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RIL M-Cap Inches Closer To Rs 10 Lakh Crore Mark

RIL became the first Indian firm to hit the Rs 9 lakh crore market valuation mark in intra-day trade.

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Jio Says Will Increase Tariffs In Next Few Weeks In Compliance With Rules

In a statement on Tuesday, Jio said that the telecom regulator TRAI is likely to initiate a consultation process for revision in telecom tariffs.

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Nifty, Sensex Rise; Reliance, PSU Energy Stocks Gain

The NSE Nifty 50 index rose 0.6% to 12,014, while the S&P BSE Sensex gained 0.4% to 40,638.7.

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