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Thursday, May 28, 2020

Mukesh Ambani


US private equity giant KKR picks 2.32% stake in Jio Platforms for Rs 11,367 crore

May 22, 2020 8:44 am

Prior to this, Jio Platforms had raised Rs 67,194.75 crore from leading technology investors including Facebook, Silver Lake Partners, Vista Equity Partners and General Atlantic.

After Facebook, General Atlantic to invest in Jio Platforms, picks 1.34 per cent stake

May 17, 2020 9:33 pm

General Atlantic’s investment in Reliance Industries’ Jio Platforms is Rs 6,598.38 crore, its largest in Asia.

RIL rights issue set to open on May 20, closing date is June 3

May 17, 2020 12:38 am

This is the first rights issue by RIL in nearly three decades. It will be priced at Rs 1,257 a share in the share ratio of 1:15 (one rights share for every 15 shares held). The issue amount is Rs 53,125 crore.

Explained: Why is RIL racing ahead on Dalal Street?

May 13, 2020 1:21 pm

Reliance Industries (RIL) Share Price: The sharp rise of 46 per cent in the share prices of RIL over the last one-month comes amidst a volatile market condition that led to a Sensex crash of 26.7 per cent since January this year.

Reliance Industries' Rs 53,125 crore rights issue: Here's what you need to know

May 12, 2020 3:19 pm

Reliance Industries (RIL) Rights Issue: Reliance Industries (RIL) had earlier announced its plans to raise Rs 53,125 crore through a 1:15 rights issue at a price of Rs 1,257 per share. In its earnings statement for the quarter ended March 2020, RIL had said that this would be India's biggest rights issue.

Forbes India Billionaires list 2020: Mukesh Ambani retains top slot, retail king Radhakishan Damani second richest

May 06, 2020 1:02 pm

While the total number of Indian billionaires has come down to 102 as against 106 in 2019, their collective net worth has also taken a dip by 23 per cent to $313 billion, according to Forbes.

Neetu Kapoor thanks Mukesh Ambani and family: You have been our guardian angels

May 06, 2020 8:22 am

Neetu Kapoor said that besides making visits to the hospital to check on Rishi Kapoor, the Ambanis also comforted her family.

Mukesh Ambani tops Jack Ma as Asia’s richest after Facebook deal

April 23, 2020 10:35 am

Mukesh Ambani’s fortune rose about $4.7 billion to $49.2 billion on Wednesday, after Reliance Industries Ltd. gained 10%. The jump put Ambani about $3.2 billion ahead of China’s Jack Ma.

Reliance-Facebook deal opens up WhatsApp’s entire user base for Mukesh Ambani

April 23, 2020 7:45 am

Since the deal with Reliance is only for a minority stake, neither Facebook nor RIL is bound in any way to an exclusive arrangement. So, apart from Jio, Facebook can look at similar partnerships on other platforms, including within WhatsApp.

Reliance-Facebook collaboration looks at new areas, JioMart all set for WhatsApp push

April 23, 2020 7:49 am

Facebook-Jio deal: In a call after the announcements, Facebook’s VP and Managing Director for India, Ajit Mohan, said the “entire energy” is on trying to figure out how they could help small businesses in the context of the coronavirus pandemic, and the resulting lockdown in India.


Shah Rukh Khan, Aishwarya Rai, Shahid Kapoor and others attend Ambani party

November 11, 2019 9:18 am

The who's who of Bollywood attended a bash organised by the Ambanis in Mumbai. We spotted Shah Rukh Khan, Aishwarya Rai Bachchan and Shahid Kapoor among others.

Alia Bhatt, Ranbir Kapoor, Katrina Kaif and others attend Ambani's Ganesh Chaturthi celebration

September 03, 2019 8:23 am

On Monday night, the Ambanis threw a big bash to mark the auspicious occasion of Ganesh Chaturthi. Here's everyone who attended the celebration.

Mukesh Ambani, Kajol and Boney Kapoor attend Soundarya Rajnikanth's reception

February 14, 2019 6:53 am

Soundarya Rajnikanth tied the knot with Vishagan Vanangamudi on February 11 in Chennai. After the wedding, the couple hosted a reception in the evening

Shah Rukh Khan launches Reliance Jio with young Ambanis - Isha, Akash and Anant

December 28, 2015 11:54 am

Superstar Shah Rukh Khan launched the much talked about Reliance Jio along with RIL Chairman Mukesh Ambani and his family including wife Nita Ambani, daughter Isha and sons, Akash and Anant on Sunday (December 28).

Aishwarya, Sushmita pose together, Abhishek clicks selfie with wife at Ambani's bash

December 14, 2015 3:55 pm

RIL Chairman Mukesh Ambani and his wife Nita Ambani threw a lavish, star-studded party for the newlyweds Harbhajan Singh and Geeta Basra in Mumbai on Friday (December 11). Aishwarya Rai Bahchcan, Abhishek Bachchan, Sushmita Sen, Sonakshi Sinha were among others to attend the party.

Shilpa, Kareena, Sridevi, Alia at Manish Malhotra's 50th birthday bash; see inside pics

December 07, 2015 2:53 pm

Alia Bhatt, Sridevi, Raveena Tandon and Shilpa Shetty looked glamorous at the birthday bash of fashion designer Manish Malhotra. Manish ringed in his 50th birthday in Mumbai along with pretty damsels from the Bollywood industry.

SRK, Salman, Katrina-Ranbir, Deepika-Ranveer, Hrithik at Big B-Abhishek-Aishwarya's Diwali get-together

November 12, 2015 4:59 pm

Amitabh Bachchan along with his family - Jaya, Abhishek and Aishwarya Rai Bachchan hosted a mega Diwali get together on Wednesday evening, (November 11) that had the who's who of B-Town including Shah Rukh Khan, wife Gauri, Hrithik Roshan, Katrina Kaif, Ranbir Kapoor, Deepika Padukone, Akshay Kumar, wife Twinkle and Ranveer Singh among others.

Big B, Saira Banu, Twinkle, Mukesh Ambani, wife Nita at The Big Indian Wedding book launch

September 17, 2015 1:56 pm

Amitabh Bachchan unveiled the book ‘The Big Indian Wedding’ written by Top lawyer Harish Salve's daughter Sakshi Salve.

Reliance AGM has the Ambani family in the limelight

June 12, 2015 4:10 pm

RIL Chairman Mukesh Ambani was accompanied by wife Nita Ambani and sons Akash and Anant for the company's 41st AGM in Mumbai.

Ranbir, John, Amitabh Bachchan, Sachin Tendulkar spend afternoon with Nita and Mukesh Ambani

May 28, 2015 12:40 pm

Amitabh Bachchan, son Abhishek, Ranbir Kapoor, Sachin Tendulkar, Nita and Mukesh Ambani came together for the inauguration of JIO garden in Mumbai.


Isha Ambani-Anand Piramal Wedding Today: Here's What the Ambani Residence Looks Like

December 12, 2018 3:21 pm

Antilla is set to host what is being called one of India's most expensive weddings yet, on December 12. Isha Ambani and Anand Piramal are all set to tie the knot today evening at the Ambani residence.

What the Jio institute is expected to earn in its first year: News in Numbers

July 19, 2018 1:23 pm

Reliance’s Jio institute, recently declared an ‘Institute of Eminence,’ puts it at par with the likes of IIT-Delhi, IIT-Bombay, IISc and BITS . Here's a look at its earnings projection in today's News in Numbers. See more:

WB is on the 'ease of doing business matrix today': Mukesh Ambani

January 08, 2016 12:12 pm

Kolkata, Jan 08 (ANI): While addressing at the Bengal Global Business Summit in Kolkata, the chairman of Reliance Industries, Mukesh Ambani on Friday said that West Bengal is one of the top Indian states on the 'ease of doing business matrix today'. He also said that it's a platform to bring together everyone who has a stake in the development of the state.