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Mukesh Ambani

Reliance to launch Jio 5G in major cities by November 2022

Nationwide coverage by Dec 2023, says Mukesh Ambani   Mumbai: Reliance will launch its Jio 5G services by November this year, group chairman Mukesh Ambani announced at the 45th annual general meeting. “Today, I want to announce the next leap forward that Jio is creating in digital connectivity, especially in fixed broadband. That is JIO...

Reliance Foundation Hospital receives threat calls to Mukesh Ambani, family; 1 detained

Mumbai: The Reliance Foundation Hospital in Mumbai received calls on Monday threatening to kill Reliance Industries chairman Mukesh Ambani and his family. Mumbai police immediately launced investigation in the matter. Alongside, security was stepped up outside his residence Antilia. According to Zone 2 DCP, the call was received at around 10.30 am at Reliance Foundation...

Mukesh Ambani resigns from Reliance Jio board; Akash Ambani takes over as chairman

Mumbai: Reliance Industries chairman Mukesh Ambani resigned from the board of Reliance Jio. His son Akash Ambani has been named as the chairman of the telecom giant with effect from June 27, 2022, as per a company filing. Pankaj Mohan Pawar has been named the managing director for next five years, while Raminder Singh Gujral...

Green boost to Gujarat: Reliance Industries to invest Rs 5.95 lakh crore in green energy, other projects in state

The projects by RIL is expected to create 10 lakh employment opportunities in the State Gandhinagar: In a major boost to Prime Minister Narendra Modi’s vision to reduce India’s carbon emissions, the Reliance Industries Limited signed an MoU on Thursday with the Government of Gujarat for a total investment of Rs 5.955 lakh crore towards...

Reliance developing green complex in Jamnagar at cost of Rs 75,000 crore: Mukesh Ambani

It will be among the largest integrated renewable energy manufacturing facilities in the world, said Reliance Industries chairman Mukesh Ambani at International Climate Summit   Mumbai: Reliance Industries is developing a green complex on 5,000-acre area in Jamnagar at a cost of Rs 75,000 crore as part of its pledge to fuel India’s Green Economy,...

SC upholds stay on Reliance-Future Retail deal; big win for Amazon

Future Retail to explore legal remedies to finalize the deal    New Delhi: The Supreme Court of India has upheld the single-judge bench stay order on the sale of Future Retail Ltd (FRL) to Mukesh Ambani-led Reliance group. The order comes in favour of Amazon which has been embroiled in a bitter battle Reliance over...

Here are the major announcements from the 44th AGM of Reliance Industries

Reliance Industries chairman Mukesh Ambani on Thursday announced that the $15 billion deal with Saudi oil major Aramco will be completed in 2021. He was virtually addressing the 44th Annual General Meeting of the company. The development comes as oil-to-telecom conglomerate announces the induction of Yasir Al Rumayyan, the chairman of Aramco, into the Reliance...

Delhi HC restrains Future Retail from going ahead with Reliance deal

Acting on a plea filed by e-commerce giant Amazon, the Delhi High Court on Thursday upheld the Singapore International Arbitration Centre’s order restraining Kishore Biyani-led Future Retail Limited from going ahead with its Rs 24,713 crore deal with Mukesh Ambani’s Reliance Retail. Justice JR Midha, while remarking that the group wilfully violated the Singapore...

Mukesh Ambani Threat Case: NIA seizes black Mercedes used by arrested cop Sachin Vaze

In the latest development in the ongoing probe in the Mukesh Ambani threat case, the National Investigation Agency (NIA) has seized a black Mercedes-Benz car that was allegedly used by arrested cop Sachin Vaze. It has also recovered a note counting machine, Rs 5 lakh in cash, some clothes and the number plate of the...

Owner of explosives-laden car parked outside Mukesh Ambani’s house found dead

The Thane Police has revealed that the owner of the explosives-laden car found outside Reliance Industries chief Mukesh Ambani’s house in Mumbai has been found dead. The police said that the man’s body was found from Kalwa creek in Thane. As per the preliminary investigation, the deceased, Mansukh Hiren, committed suicide and the police believe...

Jaish-ul-Hind takes responsibility for parking explosives-laden car outside Mukesh Ambani’s house

The responsibility for parking the explosives-laden vehicle outside Reliance Industries chief Mukesh Ambani’s house ‘Antilia’ in Mumbai has been taken by an unknown organisation named Jaish-ul-Hind. In a message on messaging app Telegram, the organisation said that the explosive-laden vehicle outside Mukesh Ambani’s house was “only a trailer” and...

Reliance enters into rice deal with Karnataka farmers

Reliance Retail Limited, an arm of Mukesh Ambani’s Reliance Industries Limited (RIL), has entered into a deal with the farmers of Sindhanur taluk in Raichur district of Karnataka for the procurement of 1,000 quintals of Sona Masoori—a variety of rice. The deal is being hailed as the first such transaction between a corporate and farmers...