India has world’s 3rd highest number of billionaires, says Forbes report

Share this…FacebookPinterestTwitterLinkedinTumblr Mukesh Ambani reclaims his spot as Asia’s richest person, dethroning Chinese business tycoon Jack Ma. India has the third highest number of billionaires in the world after the U.S. and China, according to a new list by the prestigious Forbes magazine, which said Reliance Industries Chairman Mukesh Ambani reclaimed his spot as Asia’s […]

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Rivals Airtel & Jio ink 1,500 crore spectrum trading deal – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: Often sparring telecom companies Airtel and Reliance Jio came together for a near Rs 1,500-crore spectrum trading deal as the mobile operators took steps to rationalise and monetise their spectrum holdings just weeks after the conclusion of a mega airwave sale by the government, reports Pankaj Doval. Jio signed an agreement […]

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Explosives-laden SUV: Jaish-ul-Hind’s Telegram channel ‘created in Tihar’, say Mumbai police

Share this…FacebookPinterestTwitterLinkedinTumblr After the mysterious death of Thane-based auto parts dealer Mansukh Hiran, who was in possession of the SUV that was later found parked outside Ambani’s residence, the probe was transferred to the Maharashtra Anti-Terrorism Squad A Telegram channel through which an organisation named Jaish-ul-Hind had claimed responsibility for placing an explosives-laden SUV near […]

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Vehicle with explosive material found near Mukesh Ambani’s house | India News

Share this…FacebookPinterestTwitterLinkedinTumblr MUMBAI: A suspicious vehicle with gelatin, an explosive material, inside was found parked near industrialist Mukesh Ambani‘s house in Mumbai on Thursday evening, police said. The vehicle was found on Carmichael Road near ‘Antilia’, Ambani’s residence, a police official said. A Bomb Detection and Disposal Squad (BDDS) team reached the spot immediately, he […]

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Mukesh Ambani: Reliance expects approvals for O2C business spin-off by second quarter – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: Reliance Industries Ltd expects to get the necessary approvals to hive off its oil-to-chemicals (O2C) business into a separate unit by the second quarter of the next fiscal year, the company said in a presentation to investors on Monday. The company had initiated the process of spinning off the O2C business […]

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Gautam Adani: Two of India’s richest men caught in crossfire over farming laws – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: Two of India’s richest men have landed in an unlikely controversy over farming laws, becoming targets of protesters who allege the tycoons have benefited from their close links to Prime Minister Narendra Modi. For weeks, tens of thousands of farmers have camped outside the nation’s capital, demanding the withdrawal of recently […]

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Billionaire Mukesh Ambani inspired me, says Mark Zuckerberg. Explains why

Share this…FacebookPinterestTwitterLinkedinTumblr Mark Zuckerberg, Facebook Inc.’s chief executive officer, hopes the social media giant and Reliance Industries Ltd. can together transform India’s digital payments landscape, replicating the latter’s success in disrupting the telecom sector. Zuckerberg in an online event mentioned Dhirubhai Ambani, Reliance’s late founder, who he said had envisioned phone calls in India as […]

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Battle of billionaires: Jeff Bezos, Mukesh Ambani gun for retail supremacy – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr MUMBAI/NEW DELHI: Jeff Bezos and Mukesh Ambani, two of the world’s richest men, face a turning point in a battle for pre-eminence in India’s booming, nearly trillion-dollar retail market. The outcome of a legal dispute which has embroiled the billionaires’ Amazon.com and Reliance Industries Ltd empires – where a court ruling is imminent […]

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RIL Future Deal: CCI clears Reliance-Future Retail deal despite Amazon’s objections | India Business News – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr MUMBAI: The Competition Commission of India (CCI) on Friday cleared oil-to-telecom giant Reliance Industries‘ bid to buy Future group‘s retail assets even as Amazon.com sought to block the potential deal, alleging contractual violations by the latter. The antitrust body of India is a setback for US giant Amazon, which has argued that a […]

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Why Amazon is feuding with a partner and Mukesh Ambani – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: A legal spat between Amazon.com Inc and its Indian partner that started before an arbitrator in Singapore just got fiercer in a court in New Delhi. The US e-commerce giant and Future Group, whose assets billionaire Mukesh Ambani’s Reliance Industries Ltd recently agreed to buy for $3.4 billion, are locked in […]

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