Mukesh Ambani News

Reliance Industries (RIL), shares of the recently-demerged company Jio Financial Services or JFSL will list on stock exchanges at 10 am today. On both BSE and NSE, the stock with the symbol of JIOFIN will trade in the T Group segment for the first 10 days.

In this video, we take a closer look at how Mukesh... moreIn this video, we take a closer look at how Mukesh Ambani, the chairman of Reliance Industries, is strengthening his businesses for the next decade.

Jio Financial Services, the demerged entity of Reliance Industries (RIL), will be removed from the FTSE All-World index and other global indices with effect from August 22, global index aggregator FTSE Russell said in a release. Since Jio Financial Services (JFSL) did not commence trading after 20 business days, and no firm trading date has been announced by the conglomerate, the index aggregator decided to remove it from all indices. JFSL was included by the index aggregator in several indices on July 20, with a share issue of 6,765,591,509 and an investability weighting of 49.66%.

A question that has been making rounds on social media and among avid Bollywood followers for quite some time now is: Who is Orry and what does he do? Well, we might help you with an answer here!

Zee Entertainment Enterprises Ltd. may see further gains in its stock price as investors bet the Indian media company’s merger with a unit of Sony Group Corp. will boost its revenue and earnings.

Mukesh Ambani, chairman of Reliance Industries, India’s most valuable company, continues to be the richest man in India with a net worth of $96.4 billion, according to the Bloomberg Billionaires Index as of August 11. He is also the 11th richest in the world.

Helios Capital recently shared that market regulator Sebi approved Helios Mutual Fund. "I am very happy to announce that SEBI has granted approval to Helios Mutual Fund. We need your wishes and support to make this new venture a success," Arora tweeted on Thursday.

LIC: State-run Life Insurance Corp of India (LIC) recorded a 14-fold year-on-year jump in net profit at ₹9,543.7 crore for the first quarter of FY24, even though the country's largest insurer has been witnessing a shrink in its market share in terms of new business premium. The super-normal growth in net profit is primarily attributed to a base effect and a change in accounting entry, involving a transfer of funds from non-participating policies to shareholders'' account as a part of accretion on the available solvency margin, according to a regulatory filing. Reliance Industries: The shares of the demerged Jio Financial Services (JFSL) have been credited to the demat account of eligible shareholders of billionaire Mukesh Ambani-led Reliance Industries Limited (RIL), reported Economic Times on 10 August.

Reliance Industries Limited (RIL) aims to provide affordable green hydrogen as a viable alternative to traditional fuels, said Chairman Mukesh Ambani in Ambani in RIL's integrated annual report 2022-23 released on Sunday. «A switch to cleaner energy sources is key to our decarbonisation strategy. We are making significant strides in establishing a world class solar energy value chain...Our goal is to provide affordable green hydrogen as a viable alternative to traditional fuels,» Ambani said in his address to shareholders.Reliance is among the largest global producers of grey hydrogen.

India's largest retailers and telecom operator in the shortest span of time, billionaire Mukesh Ambani has now set his sight on propelling newly-carved financial services business unit into country's largest non-banking lender while transitioning the conglomerate to net carbon zero by 2035. The recently demerged Jio Financial Services Ltd will leverage the prowess of digital and retail businesses, Ambani said in the latest annual report of Reliance Industries Ltd.

Reliance Industries Ltd (RIL) has sought the nod of shareholders to appoint Mukesh Ambani as chairman and managing director of the company for another five years till 2029. During this period he has opted to draw nil salary. Ambani, 66, will cross the company law-mandated 70 years age for the chief executive of the company and requires a special resolution by the shareholders for him to be appointed beyond that age bar, according to a PTI report.

Reliance Industries Ltd, India's most valuable company, has sought shareholder's approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 — a period during which he has opted to draw nil salary. Ambani, 66, will cross the company law-mandated 70 years age for the chief executive of the company and requires a special resolution by the shareholders for him to be appointed beyond that age bar.

Reliance Industries has sought the approval of the company's shareholders to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 — a period during which he has opted to draw nil salary. In its latest annual report, Reliance said Ambani's remuneration for the financial year 2022-23 was «nil».

Reliance Industries Ltd. said it expects shares of its financial services business to be listed soon as the conglomerate seeks to propel its recently carved out unit into India’s largest non-banking lender, leveraging the prowess of the digital and retail businesses. “The new entity is expected to unlock value for shareholders and give them an opportunity to be a part of a new growth platform,” Reliance’s billionaire chairman Mukesh Ambani in his message to shareholders in the annual report for the financial year that ended Mar.

report about that meeting. And for perspective on why India stands to gain from better relations with Sri Lanka, here's a sharp Snapview. The little else that I have to report back is that the food and tea continue to be sublime.

Amazon.com Inc. and Alphabet Inc. to bid in a media rights auction of its team’s games amid waning interest from firms who had recently competed fiercely for the wildly successful Indian Premier League. The proposed starting date of the auction process for the media rights of the so-called bilateral series, played by the Indian team against other countries, for the next five years is postponed by at least two weeks as the Board of Control for Cricket in India reaches out to more firms to drum up interest in the property, according to people familiar with the matter. The lukewarm response by media firms ahead of the auction highlights the struggle to make money amid weak advertising revenues, with the shorter-format IPL being the top cricket property garnering higher viewership over the years. The sale process is running two weeks behind a timeline suggested by its adviser, Ernst & Young, under which auctions would have been completed by August end, they said. EY expects the sale of rights to 102 matches to raise at least $750 million, almost the same price for what it was sold five years back, the people said, asking not to be named as the information is not public. In contrast, the rights to IPL, which was auctioned last year, had surged almost threefold from the previous offering. The IPL remains one of the world’s most popular sporting contests and is still garnering the most eyeballs among cricket events. Last year, BCCI raised record amounts of money by selling media rights for the IPL through an auction as Viacom 18 Media Ltd., controlled by billionaire Mukesh Ambani, and Walt Disney Co. outbid rivals, including Sony Group Corp.

₹5.95 trillion) in green energy and other projects in Gujarat. It will also set up a 10GW solar project in Andhra Pradesh.

New York has won the inaugural edition of Major League Cricket, the US T20 league, beating Seattle Orcas by 7 wickets. Major League Cricket (MLC) is a professional Twenty20 cricket league in the United States. Six team representing major US cities participated in the tournament that started on July 13.

MLC) has made a resounding debut on the international cricketing stage, with most matches seeing record turnout even though the US is not a traditional cricket-playing country. The grand finale — to be played at 6 am Indian Standard Time on Monday — pits Seattle Orcas, co-owned by Microsoft CEO Satya Nadella, against Mukesh Ambani's MI New York at the Grand Prairie Stadium near Dallas.

SAT) set aside the Securities and Exchange Board of India (Sebi) order imposing a penalty of ₹25 crore on Mukesh Ambani, Anil Ambani, Reliance Industries Holdings and eight other entities for the alleged violation of takeover rules. The tribunal directed Sebi to refund the ₹25 crore penalty within four weeks, while also pulling up the regulator for what it called the «inordinate delay» in proceedings.

₹25 crore on Mukesh Ambani, Anil Ambani, Reliance Industries Holding, and eight other entities for alleged violation of takeover regulations in a more than two-decade-old case. While SAT observed that the “inexplicable and inordinate" delay on Sebi’s part to impose a penalty is reason alone for setting aside the order, the bench led by Justice Tarun Agarwala held that it found the “appellants have not violated Regulation 11 (1) of SAST (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.