Mukesh Ambani

  • Crisis in Iraq will lead to spike in inflation: Mukesh Ambani June 19, 2014

    Mumbai: Mukesh Ambani, chairman of Reliance Industries which operates the world's largest single-location oil refinery at Jamnagar, on Thursday said the crisis in Iraq will lead to higher fuel prices which in turn will raise inflation. "In an inter-connected world like the one we are living in today, what's happening around...
  • Reliance plans Rs 1.8 lakh cr spending; to start 4G next year June 18, 2014

    Mumbai: Reliance Industries will start offering 4G telecom services next year and unveiled a Rs 1.8 lakh crore investment plan across businesses aimed at catapulting it into the top 50 companies of the world. About five years after buying out Infotel Broadband Services within hours of the firm winning nationwide wireless...
  • Reliance to launch its 4G network in the next few months June 18, 2014

    Mumbai: Reliance Industries Limited had its Annual General Meeting on Wednesday where Chairman Mukesh Ambani said that the next three years will be transformational for the company. Some of the big takeaways from the AGM were that Reliance will be launching its 4G broadband network in the next few months....
  • Rajat Gupta penning book to tell his story June 14, 2014

    New York: India-born former Goldman Sachs Director Rajat Gupta, who is scheduled to begin his prison term on June 17, hopes to release a book telling his side of the story and visit India once he completes his two-year sentence, according to a media report. Gupta, 65, lost his final bid...
  • Raghav Bahl quits Network 18 May 30, 2014

    New Delhi: Network18 Founder and Managing Director Raghav Bahl has quit the media group after agreeing to sell controlling stake to Mukesh Ambani-led Reliance Industries Ltd (RIL). A day after the deal was announced, Bahl in a letter to employees of the group said he and his wife Ritu are exiting...
  • Watch: Nita Ambani visits Golden Temple in Amritsar May 22, 2014

    Philanthropist Nita Ambani visited the Golden Temple in Amritsar on Thursday morning. "There is a lot of peace and tranquility here," she said. ...
  • ONGC moves Delhi HC against RIL over alleged gas theft May 15, 2014

    New Delhi: State-owned oil and gas major Oil and Natural Gas Corporation (ONGC) has moved the Delhi High Court against Mukesh Ambani's Reliance Industries. The ONGC has accused the RIL of exploiting substantial gas from its natural gas block. The two companies have been involved in a face-off for the last...
  • Mukesh Ambani's Mumbai residence most expensive billionaire home May 14, 2014

    New York: Reliance Industries Chairman Mukesh Ambani's skyscraper residence in Mumbai is the most expensive billionaire home in the world, according to a Forbes list which also includes Indian-origin steel tycoon Lakshmi Mittal's houses in London. Ambani's 27-story, 400,000-square-foot skyscraper home Antilia named after a mythical island in the Atlantic, tops...
  • SC seeks Centre's reply on PIL against 4G licences to Reliance May 9, 2014

    New Delhi: The Supreme Court on Firday sought response of the Centre and telecom regulator TRAI on a PIL filed by an NGO challenging grant of 4G licences to Mukesh Ambani's Reliance Jio Infocomm Ltd (RJIL). A bench of Justices HL Dattu and SA Bobde issued notice to the Centre, Telecom...
  • HC stays action against Moily, Ambani in KG gas pricing case May 9, 2014

    New Delhi: The Delhi High Court on Friday stayed action against Union Minister Veerappa Moily and industrialist Mukesh Ambani on an FIR filed by former Delhi chief minister Arvind Kejriwal in the KG basin gas pricing case. The Anti-Corruption Bureau of the Delhi government had registered the FIR under sections dealing...
  • Kejriwal Slams Cong, BJP for Pre-Poll Understanding April 29, 2014

    Raking up the snoopgate scandal and Robert Vadra controversy, Arvind Kejriwal on Tuedsday accused both the Congress and BJP of having a pre-poll understanding and not taking any action against each other on the two issues. He also asked why Congress President Sonia Gandhi and BJP Prime Ministerial candidate Narendra Modi...
  • EC asks Gujarat minister to disclose relations with Ambanis April 2, 2014

    The Election Commission of India has asked the Gujarat Energy and Petroleum Minister Saurabh Patel to disclose his relationship with the Ambani family. The EC has asked Saurabh Patel to do so, in connection with his complaint against Aam Aadmi Party chief Arvind Kejriwal, who had accused him of favouring Reliance,...
  • AAP's fund raising drive in Gujarat receives poor response March 4, 2014

    If funds donated are any indicator of popularity, then the Aam Aadmi Party's (AAP) fund-raising drive before Lok Sabha elections has received a poor response in Gujarat. Compared to funds collected from other states, the Gujarat unit of the AAP ranked eighth and when average donations are taken into account it...
  • Gates reclaims top spot, Mukesh Ambani richest Indian in Forbes billionaire list March 4, 2014

    Bill Gates has returned to the top of Forbes magazine's annual list of the world's richest people, as rising stock markets swelled the ranks of billionaires, which included a record number of women. With a net worth of $76 billion, the Microsoft Corp co-founder reclaimed the top spot after a...
  • India home to 70 billionaires; Mukesh Ambani richest Indian March 2, 2014

    India is home to the fifth largest group of billionaires in the world and Mukesh Ambani, chairman of Reliance Industries, is the country's richest man with a personal fortune of USD 18 billion, says a report. According China-based research firm Hurun's 2014 global rich list, Mukesh Ambani was ranked 41st in...
  • Next government won’t be formed without AAP's support: Arvind Kejriwal March 2, 2014

    Aam Aadmi Party leader Arvind Kejriwal on Sunday claimed that his party will secure 100 seats in Lok Sabha election and that the next government cannot be formed without its support as he launched a fresh attack on Narendra Modi over his alleged links with Mukesh Ambani. Addressing a rally in...
  • India home to 70 billionaires; Mukesh Ambani richest Indian March 2, 2014

    New Delhi: India is home to the fifth largest group of billionaires in the world and Mukesh Ambani, chairman of Reliance Industries, is the country's richest man with a personal fortune of $18 billion, says a report. According China-based research firm Hurun's 2014 global rich list, Mukesh Ambani was ranked 41st...
  • Veerappa Moily writes to PM, justifies RIL's high gas rates February 24, 2014

    New Delhi: Oil Minister Veerappa Moily has justified the high gas rates that Reliance Industries Limited is charging the government for CNG. Moily wrote to the Prime Minister saying that gas fields will not be available if the prices are lowered. Moily's response came hours after the Aam Aadmi Party wrote...
  • Delhi BJP passes resolution against over Rs 300 crore subsidy to BSES February 17, 2014

    New Delhi: After a series of attacks by the Aam Aadmi Party, the Bharatiya Janata Party unit in Delhi hit back on Sunday by moving a resolution against the Rs 323 crore subsidy provided to BSES by the Arvind Kejriwal government. BJP claims that Rs 323 crore was actually allotted for...
  • Centre's nod on gas issue allowed future windfall to RIL, alleges ACB February 14, 2014

    New Delhi: The approval by Centre to Reliance Industries Ltd (RIL) allowing expenditure of 8.8 billion dollar to increase production of gas from KG basin paved the way for "future windfall" revenue of Rs 1.2 lakh crore($ 20 billion) to the Mukesh Ambani-led firm, the Anti-Corruption Branch (ACB) alleged in...
  • Kejriwal's FIR against me, others unconstitutional: Moily February 14, 2014

    New Delhi: Oil Minister M Veerappa Moily on Friday slammed Delhi Chief Minister Arvind Kejriwal for filing an FIR against him, Reliance Industries Limited Chairman Mukesh Ambani, Union Minister Murli Deora over complaint on gas pricing. Moily said, "Delhi Chief Minister Arvind Kejriwal's FIR against me and others is unconstitutional." Moily...
  • The Last Word: Is Kejriwal's charge in gas pricing wrong? February 12, 2014

    The Anti-Corruption Bureau of Delhi government has registered an FIR on Chief Minister Arvind Kejriwal's complaint on gas pricing. No individual has been named in the FIR even as Kejriwal's complaint mentions Reliance Industries Limited Chairman Mukesh Ambani and Union Minister Murli Deora and Verappa Moily. The FIR has been...
  • News 360: RCB bags Yuvraj for 14 cr in day one IPL auction February 12, 2014

    A total of 216 players went under the hammer on day one but only 70 were sold with Yuvraj Singh ending up as the top-earner, bought by Royal Challengers Bangalore for a whopping Rs. 14 crore. ...
  • FIR filed on Kejriwal's gas pricing allegations, no individual named February 12, 2014

    New Delhi: The Anti-Corruption Bureau of Delhi government has registered an FIR on Chief Minister Arvind Kejriwal's complaint on gas pricing. No individual has been named in the FIR even as Kejriwal's complaint mentions Reliance Industries Limited Chairman Mukesh Ambani and Union Minister Murli Deora and Verappa Moily. The FIR has...
  • RIL threatens to sue AAP government over gas pricing allegations February 12, 2014

    New Delhi: Reliance Industries Limited has threatened to take the Aam Aadmi Party government to court over its allegations on gas pricing. This came after Delhi Chief Minister Arvind Kejriwal ordered an FIR against RIL Chairperson Mukesh Ambani as well as Union Ministers Veerappa Moily and Murli Deora. "The complaint and...
  • Is Kejriwal raising gas price issue to push his LS poll agenda? February 11, 2014

    New Delhi: Delhi Chief Minister Arvind Kejriwal on Tuesday opened up a new front as he attacked the UPA government and Reliance Industries Limited, accusing them of conspiring to raise gas prices. Kejriwal also asked for an FIR against Reliance Industries Limited Chairperson Mukesh Ambani, Union ministers Veerappa Moily and...
  • India @ 9 with Rajdeep Sardesai February 11, 2014

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • Kejriwal targets Reliance: Where does truth lie in gas pricing? February 11, 2014

    Delhi Chief Minister Arvind Kejriwal on Tuesday opened up a new front as he attacked the UPA government and Reliance Industries, accusing them of conspiring to raise gas prices. Kejriwal has also asked for an FIR against Reliance Industries Limited Chairperson Mukesh Ambani, Union Ministers Veerappa Moily and Murli Deora....
  • Kejriwal pursuing unconventional methods to attain goal: Vijay Mallya February 11, 2014

    UB group chairman Vijay Mallya on Tuesday said that Delhi Chief Minister Arvind Kejriwal was pursuing "unconventional methods" to attain his objectives while asserting that there should be no "witch-hunt" against industrialists. Mallya, a Rajya Sabha MP, said in view of the forthcoming general elections, some political parties have stepped...
  • Kejriwal does not understand the system: Veerappa Moily February 11, 2014

    Hours after Delhi Chief Minister Arvind Kejriwal targeted Reliance Industries and government officials, Petroleum Minister Veerappa Moily has said that Kejriwal doesn't understand the system. "We should sympathise with his ignorance. He doesn't know how government runs. Norms are followed. There is a system in fixing prices," Moily said. ...