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Did you ever think of an Ambani company running out of money?

RCom's fall is part of a long decline. Personal fortunes of Anil Ambani have shrunk ever since he and Mukesh Ambani split the family business in 2006.

Summer special: Isha Ambani to graduate from Stanford Business School next month

The convocation address for the B-school students will be delivered by Global Brewer CEO Carlos Brito.

Mukesh Ambani a bigger threat to rivals as realist than rebel: Gadfly

Ambani's 149-rupee-a-month ($2.20) entry-level plan is lower than the 196 rupees Bharti Airtel earned from an average Indian mobile user in the June quarter.

From Jamnagar to Jio: Mukesh Ambani is reliving his passion for telecom

The 59-year-old's re-entry into telecom has been in the making for almost six years as he prodded the team, which included daughter Isha and son Akash.

RIL to connect small entrepreneurs in Bengal: Mukesh Ambani

Reliance Industries chairman Mukesh Ambani said the company would partner small entrepreneurs of West Bengal by providing them connectivity.

Isha Ambani, Anand Piramal's Dec wedding has the undertones of a royal wedding in the making

The marriage, due in December, of the scions of two big business families has the undertones of a royal wedding in the making.

Airtel, Vodafone and Idea reject Jio's charge, say Mukesh Ambani's company misrepresented reality

Jio had claimed that the financial stress in top three telcos' businesses was due to their dependence on debt, and blamed high government fees.

Jio launches Rs 199 post-paid plan, offers ISD calls at 50p/min to US, Canada

The company said with the introduction of 'Zero-Touch' postpaid, all postpaid services such as voice, internet, SMS, international calling will be pre-activated in this offer.

BP, Mukesh Ambani tie up for Rs 40,000 crore oil plan for India

RIL and BP are partners in four oil and gas blocks, including the flagging KG-D6 gas block. BP holds 30 per cent interest in the block operated by RIL.

Desperately need to sell towers & fibre in public interest, Reliance Infratel tells NCLAT

The case will be heard next on May 14, and then HSBC Daisy Investments and minority shareholders will argue their side on May 16 and 17.

Is Mukesh Ambani planning to do a Jio in fuel retail? Here's what we know

According to ET Now, RIL and BP have been invited by the Centre to invest in fuel retailing. RIL had in 2008 began shutting down fuel pumps.

Airtel said to plan paring $4.6 billion of debt in three years

S&P Global Ratings put a negative outlook on Airtel’s BBB- rating on May 3 after “cut-throat pricing” led to weaker-than-expected earnings.

Modi joins Putin, Jinping in Forbes top 10 most powerful people list

Chinese President Xi Jinping dethroned Russian President Vladimir Putin as the most influential person on the planet.

Mukesh Ambani meets Trai, DoT officials with Jio updates

India’s top carriers have alleged that Jio is running full-fledged commercial services in the guise of trials and is trying to poach their subscribers.

Mukesh Ambani meets Trai, DoT officials with Jio updates

Sources said that the meeting with the Trai chairman involved a powerpoint presentation, giving an update of Jio's operations.

Decades ago, Mukesh-Nita romance blossomed at Piramal House

Isha Ambani and Anand Piramal’s love story isn’t the first one witnessed by the two families.

Ambani's EWPL seeks tripling of KG gas transportation tariff

The pipeline transports KG-D6 gas, which has steadily dipped from 69.43 million standard cubic metres/day achieved in March 2010 to just 4.3 mmscmd in Jan-March quarter.

Reliance Jio launches AI based brand engagement platform 'JioInteract'

Called JioInteract, the Mukesh Ambani owned telco said it "is poised to become the largest platform for movie-promotion and brand engagement".

Kumar Mangalam Birla, Mukesh Ambani and Sunil Bharti Mittal: Billionaire brigade's milestone birthdays

Family, friends and well wishers join hands to raise toasts to these mega-industrialists.

Mukesh Ambani pays obeisance at Lord Balaji temple

The business tycoon has previously also visited the ancient hill temple on several occasions and made offerings, the source said.

Startups are the new oil for cash-rich Jio

Reliance Jio to fund a digital products and services ecosystem centred around its core service.

Reliance Jio to inflict more pain to Bharti Airtel, Vodafone India and Idea Cellular

Jio’s future pricing strategy could induce its financially stressed rivals to increase tariffs even though this could “effectively lead to a loss of market share.”

Reliance Digital enters the $2-billion club

According to two senior industry executives aware of the details, the business grew by 31% to reach Rs 15,100 crore, or about $2.3 billion, in the year ended March 2018 from Rs 11,480 crore in 2016-17.

RIL drops 2% post mixed Q4; here's what analysts say

The lender on Friday reported Rs 9,435 crore consolidated profit for the March quarter, its highest quarterly profit.

Reliance Retail sales cross $10 bn mark

At ₹69,198 crore, Reliance Retail’s revenue in the previous financial year exceeded the combined sales of rivals Future Group, Avenue Supermart, Shoppers Stop and Tata Trent.

RIL is now logging Rs 100 crore profit a day on petchem, retail

The digital services business, run under Jio brand, posted a net profit of Rs 510 crore in Q4FY18.

Reliance Jio adds lustre to Reliance stock

The telecom venture of Reliance has been posting positive operating profit in the past three quarters.

Reliance Jio earns black belt once again, posts net profit of Rs 510 crore in March quarter

The Mukesh Ambani-owned firm reports profit for second quarter in a row helped by strong user additions despite fall in ARPU.

Reliance Industries' profit rises 17.3% in Q4, petrochemicals outshines refining

New businesses make healthy contributions as organised retail revenue jumps 134% and telecom venture continues to grow rapidly.

Reliance posts highest quarterly profit at Rs 9,435 crore: Key takeaways

RIL reported 17.30 per cent YoY rise in net profit at Rs 9,435 crore for the March quarter.

Reliance Jio Q4 profit up 1.2% QoQ, ARPU falls

Revenue rose 3.6% sequentially to Rs 7,128 crore.

Reliance Industries posts 17.26% profit growth for Q4; Jio profit at Rs 510 crore

Consolidated sales rose 29.34 per cent YoY to Rs 1.2 lakh crore from Rs 92,889 crore.

Reliance Industries ushers in cultural change with HR moves

RIL’s disruptive entry into consumer-facing businesses like telecom (Jio) could have played a role in accelerating these changes.

RIL Q4 earnings on Friday: Reliance Jio numbers, GRM in focus

Brokerages expect the oil major to report a sequential drop in GRMs to $11-11.3 per barrel.

India should become big centre for data analysis: Ravi Shankar Prasad

The minister said the government needed data for policy making but the data procured should be anonymous.

Reliance Jio added 8.74 million users in February: Trai

Bharti Airtel, however, remained India’s biggest phone company with 295.78 million customers, while Reliance Jio’s subscriber base swelled to 177.13 million, end-February.

‘Global gamechanger’ Mukesh Ambani adds $7 billion wealth in just 5 months

Ambani’s wealth has risen to $29.9 billion, up $7.10 billion from what it was on Dec 31.

Internet giant Tencent in advanced talks to invest $100 million in Dream11

The Shenzhen-headquartered company has offered a term sheet for a transaction that could potentially value the six-year-old company at a pre-money valuation of $400-$450 million.

Reliance Jio raises Rs 2,500 crore via domestic bonds

The top-rated company has raised Rs 2,500 crore from Axis Bank, the sole arranger for the five-year money, two people familiar with the matter told ET.

Reliance Jio plans to raise USD 500 million from Japanese banks

The source did not mention the timeline for raising the loan from Japanese banks and said, "The agreement is yet to be signed."

Reliance Jio bets big on laptops with cellular connections, in talks with Qualcomm

Reliance Jio is reportedly in talks with Qualcomm to bring out laptops, running on Windows 10 OS, with built-in cellular connections for the Indian market.

What's keeping Diya Mehta and Ayush Jatia busy: Academics, and sister Shloka's wedding preps

The young couple spent their first year as husband and wife in London, pursuing their higher studies.

Reliance family office close to buying majority in Embibe.com for Rs 100 crore

A deal with Reliance would allow two funds that invested in Embibe in 2013 to exit. Kalaari Capital and Lightbox Ventures had put in about $4 million, or close to Rs 25 crore together

Supreme Courts grants partial relief to RCom's asset sale plans

The apex court today allowed creditors to go ahead with assets sale of Reliance Communication for monetization in accordance with the law of land.

Isha Ambani’s balancing Stanford act: MBA classes, also teaching at nursery

Mukesh Ambani's daughter has chosen to follow in her mother’s footsteps.

Mukesh Ambani’s Mumbai Indians most watched team this IPL

In its 14 matches, the Mumbai team got 18.57 million impressions on average per match, or viewers at any given point of time during the telecast.

Mukesh Ambani’s $41-billion push spurs RIL bonds to record

S&P Global Ratings says the capital expenditure by the operator of the world’s biggest refining complex will help reduce leverage and increase earnings over the next three years.

Jio extends prime membership at Rs 99 for new users for another year

This move by the telco ​may help prevent subscribers from deflecting to other operators who have been matching Jio's offers.

Sebi's yes to Kotak recommendations will leave corporate biggies with designation heartburn

The Kotak Committee feels that if both MD and chairman roles are held by the same person, it limits independence of the board to question the management.

Ambani scion Akash to marry Russel Mehta's daughter Shloka

Akash Ambani, an alumnus of Brown University, USA, has been steering Reliance’s busiest and buzziest venture, Jio.

Reliance Jio added 8.3 million users in January: Trai

Newcomer Jio continued its steady climb in terms of customer market share, taking it to 14.62%, up from 13.71% in December.

Reliance Retail plans to raise Rs 4k crore via rights issue to fund expansion

Reliance Retail board has agreed to offer 800 million non-cumulative optionally convertible preference shares of Rs 10 at a premium of Rs 40 per share worth Rs 4,000 crore to existing shareholders.

Confident about expeditious completion of asset sale plan: RCom

The comments follow the Supreme Court order earlier in the day that status quo be maintained on RCom's sale of certain assets to Reliance Jio on pleas by a consortium of banks.

China's Transsion in talks to tie up for JioPhone

Itel, which is among the top three players in the feature phone segment in India, is part of the Transsion Group that also sells handsets under Tecno and Infinix.

RCom gets bondholders' yes to sell assets to Jio for trimming debt

The company added that majority of bond holders in London had voted in favour of approving resolutions, which allow RCom to sell assets.

Mukesh Ambani India's richest for 9th year

Flipkart's co-founders Sachin and Binni Bansal made their debut at 86th position with a net worth of USD 1.3 billion each.

Reliance Communications lenders move sc against assets sale ruling

Anil Ambani-controlled RCom is rushing against time to close the sale of most of its wireless assets to Mukesh Ambani-owned Reliance Jio Infocomm by March-end to avoid it landing in the bankruptcy court.

Reliance Jio board to meet on March 23 to consider raising up to Rs 20,000 crore

Reliance Jio and Bharti Airtel are locked in a bitter fight for subscribers and need to invest in expanding their 4G network.

Private fuel retailers nibble away at India's booming market

Retail sales have become more viable for private-sector refiners ever since Prime Minister Narendra Modi’s government scrapped diesel-price controls in October 2014.

No diamonds but philanthropy for Akash Ambani's rumoured fiancee Shloka Mehta

The diamond industry had no sparkle for diamantaire Russell Mehta’s daughter.

Mukesh Ambani’s Reliance Jio foray puts Rs 26,000 crore worth MVNO market in tatters

A year ago, the Modi govt had unveiled a policy allowing telcos to sell bulk voice minutes and bandwidth to smaller entities — categorised as MVNOs.

Jio was first seeded by Isha Ambani in 2011, reveals dad Mukesh

Jio has catapulted India as the world's largest mobile broadband data consuming nation in less than 2 yrs. It has transformed India by making data abundant.

Reliance Industries seeks collaboration with Estonia for e-governance solutions

The e-Residency programme to offer startups access to a govt-issued digital ID, thereby, enabling a global EU company to work from anywhere in the world.

Mukesh Ambani-owned Reliance Jio Infocomm launches digital wallet

Jio has signed up more than 50,000 online merchants already for the wallet service, and could soon start supporting transactions on online marketplaces.

After family business, a Harvard lesson for Mukesh Ambani's daughter Isha?

Mukesh Ambani’s daughter Isha Ambani is rumoured to have received admissions to both Harvard and Stanford.

Mukesh Ambani has an eye for dance

RIL chairman Mukesh Ambani was impressed with dance group Seher's performance at the Rashtrapati Bhavan last month.

CCI clears RCom's plans to sell infra assets to Jio

"@CCI_India approves acquisition of RCOM's towers, optic fiber cable, right to use spectrum and media convergence nodes by RJIO," the anti-trust regulator tweeted.

Reliance Communications moves Bombay HC against arbitration court order barring sale of assets

The order came in an arbitration battle being fought between Ericsson and RCom with the Swedish equipment maker trying to recover its dues worth Rs 1,012 cr.

Arbitration tribunal bars Reliance Communications from asset sale, transfer

Ericsson has sought relief from the tribunal over payments that the Anil Ambani-led RCom owes to it.

Arbitration court bars Reliance Communications from selling or transferring assets

A spokesperson for RCom — which is trying to pare its Rs 45,000-crore debt — said the operator will soon move the high court against the order.

Telecom industry body seeks apology from Jio for making ‘false allegations’

In a letter to, COAI has further cautioned the Mukesh Ambani-led carrier with legal action for “false and malicious imputations”.

Mukesh Ambani’s wealth soared 43% since Nifty’s previous high; but Adani lost it by half

Data showed that lifted by RIL's shares, the Mukesh Ambani-led Reliance group witnessed a Rs 1.28 lakh cr jump in its market value during the two-year period.

Ambani scion Akash to be betrothed to diamantaire's daughter Shloka?

Mukesh Ambani's eldest son Akash may soon be betrothed to Shloka, the youngest daughter of Russell Mehta, Managing Director, Rosy Blue India, one of the country's leading diamond companies.

Reliance Jio along with Cisco wins Best Mobile Operator Service for Consumers

The telecom company , launched in September 2016, has garnered more than 160 million subscribers.

Reliance Jio again warns COAI, Rajan Mathews of legal action

The Ambani owned operator with 160 million subscribers refused to buy the industry body’s reasons.

Focus is now on investments in the manufacturing sector: N Chandrababu Naidu

Naidu said, "I can proudly say that my success rate is more than 50%, which is considered the highest for any state in India through partnership summits."

View: Mukesh Ambani's Jio should make an even bigger bet -- Buy Paytm

Jio Payments Bank could help Ambani extract more from each customer, now that he's decided to start charging telecom fees.

Mukesh Ambani knows what millennials want, thanks to his 25-yr-old twins!

Ambani depends on kids Isha and Akash to help him stay connected to his young employee base.

Jio to invest Rs 10,000 crore more in UP over 3 years

Ambani said RIL has rebuilt the next-generation digital communication services to benefit farmers, small, medium and large business, hospitals, schools, colleges, and universities.

SMP definition in tariff order may favour Jio, say analysts

In a recent tariff order, Trai dropped the data traffic volumes metric for assessing whether a telco is an SMP, and restricted the definition to a telco’s mobile revenue and subscriber market shares only.

Incumbents slam regulator for rules that ‘Favour’ Jio

The Mukesh Ambani-owned telco in turn has condemned the comments against the sector regulator and what it called the fair regulatory process, and warned of legal action.

Reliance to buy 5% in eros international

As part of the deal, an overseas subsidiary of RIL will acquire Eros’ shares for $15 a piece, at an 18% premium to the last closing price.

Mukesh Ambani has to double Jio numbers for RIL investors to get a decent harvest

If Ambani can double the customer count, and get $4 from each of them, investors will get a decent return. Anything less, and the joy may be short-lived.

Reliance Industries Ltd plans Rs 60,000 crore digitial industrial area in Maharashtra

He did not offer more details like the location of the proposed mega investment or when the first phase will begin.The summit is being inaugurated by Prime Minister Narendra Modi.

Mukesh Ambani’s Reliance forays into fashion e-tailing

Mukesh Ambani-led Reliance Industries has entered into ecommerce fashion retail though a platform called AJIO, targeting India’s online spenders.

View: The plane truth about Rafale deal is so hard to see?

The final price per plane could not be under $212 million... Yet, the media reported the official dogma of 126 planes for $10.4 billion: Author

Reliance to set up TV, handset making facility in Andhra Pradesh

Tirupati, which already has a large mobile manufacturing cluster of domestic handset manufacturers such as Celkon, Micromax, Lava and Karbonn, will now house the facility of Reliance Jio.

What if the richest person paid on government's behalf?

The 2018 Robin Hood Index of Bloomberg estimates that India's richest person, Mukesh Ambani could run the Indian government for 20 days.

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