Mukesh Ambani News

Fashion group SMCP, owner of French fashion labels Sandro and Maje, said on Thursday it signed a deal with Reliance to expand into India and will join other high-end European brands opening stores in the Jio World Plaza mall in Mumbai. «There aren't a lot of accessible luxury fashion labels in India so we think it's time to be pioneering,» said SMCP CEO Isabelle Guichot, citing India's wealth and growing population of younger generations among reasons for entering the country. After years of testing the Indian market with outlets in luxury hotels, high-end European labels are seeking to expand their retail presence there to tap its strong economic growth and a rapid rise in the number of local millionaires. SMCP did not disclose the financial terms of its partnership with Reliance Brands, which will become the exclusive distributor in India of Sandro and Maje. Reliance plans to open around 10 stores selling the SMCP brands in the next three to five years, said Guichot, starting with the mall in Mumbai developed by Indian tycoon Mukesh Ambani. Reliance Brands, a subsidiary of Ambani's Reliance Retail Ventures, has partnership deals with dozens of high-end European and American labels, including Bottega Veneta, Burberry, Valentino and Tiffany.

Mint in the week gone by. The government is on track to meet its ambitious aim of ₹10 trillion capital expenditure. Latest data show road accidents have become more fatal in recent years.

Reliance Jio and Bharti Airtel, is now reaching new frontiers. In what seems to be a step ahead of Jio, Bharti-backed low earth orbit (LEO) satellite firm OneWeb India has been granted the necessary regulatory approvals from the Indian National Space Promotion and Authorization Centre (IN-SPACe) to launch Eutelsat OneWeb's commercial satellite broadband services in India. Eutelsat OneWeb is a subsidiary of Eutelsat Group, global leader in satellite communications (satcom) delivering connectivity and broadcast worldwide.

Maruti Suzuki India: The automobile major said the board of directors will meet on 24 November to consider allotting 1,23,22,514 equity shares of the company to Suzuki Motor Corporation on a preferential basis. Titan Company: The Competition Commission of India has approved Titan’s acquisition of an additional 27.18% stake in CaratLane Trading. Titan will acquire the shares from Mithun Padam Sacheti, Siddhartha Padam Sacheti and Padamchand Sacheti.

West Bengal Chief Minister Mamata Banerjee on Tuesday announced a slew of new policies including plans to double the state's exports, modernise its logistics and promote renewable energy manufacturing, while opening the Bengal Global Business Summit here. Banerjee also announced a policy to promote bio-fuels and a new sub-sea cable landing station at the sea-resort of Digha to help improve internet connectivity in the eastern region.

Reliance Industries has invested ₹45,000 crore in West Bengal and is further planning to invest additional Rs. 20,000 crore in the next three years, chairman Mukesh Ambani said at the 7th Edition of Bengal Global Business Summit in Kolkata. “Reliance has invested close to Rs.

Reliance Industries Chairman and Managing Director, Mukesh Ambani, is expected to attend the upcoming Bengal Global Business Summit (BGBS), a state government official told PTI. The event will also see the attendance of prominent figures from companies such as ITC, Ambuja Neotia, and the Hiranandani Group, it added. Meanwhile, the attendance of Gautam Adani, the chairperson of Adani Group, remains uncertain, representatives from the group are slated to be in attendance.

Pokemon has spawned a global multi-billion dollar media franchise spanning trading cards, games, TV shows and movies. Viacom18, Indian billionaire Mukesh Ambani's entertainment joint-venture that runs JioCinema, and The Pokemon Company, owned by video game company Nintendo and affiliates, did not respond to a request for comment. Adding child-focused content is Ambani's latest push to expand in the Indian streaming market which research firm Media Partners Asia estimates will be worth $7 billion by 2027.

Reliance Industries: Billionaire Mukesh Ambani’s Reliance Industries Ltd. is seeking to raise as much as 200 billion rupees ($2.4 billion) via rupee-denominated bonds, according to filings seen by Bloomberg. The base size of the sale is 100 billion rupees with an option to retain subscriptions worth another 100 billion rupees.

Reliance Industries chairman Mukesh Ambani, received a fresh threat emails, warning him of serious consequences for ignoring previous messages of ₹400 crore as extortion demand. At least three e-mails were sent to the official e-mail ID of Ambani's company in the last eight days threatening to eliminate him if he fails to pay up.

Mukesh Ambani, the chairman of Reliance Industries, has received mailed threats again. The mails warned him of serious consequences for ignoring earlier messages regarding extortion demands of Rs 400 crore, news agency ANI reported citing Mumbai police on November 4. Two threat mails were received between October 31 and November 1. The sender of the mails introduced himself as Shadab Khan, police said. As per the police department, «Industrialist Mukesh Ambani received two threat emails once again between October 31 and November 1, warning him of serious consequences for ignoring previous emails wherein the person (sender of the mail) had demanded Rs 400 crore.» The renowned industrialist had received death threats earlier too, via email.

Reliance Industries chairperson Mukesh Ambani has received two threat emails once again between October 31 and November 1, warning him of serious consequences for ignoring previous emails wherein the person (sender of the mail) had demanded ₹400 crore." Notably, he is the same sender who sent two such emails on October 27 and demanded ₹200 crore from RIL chairman. Also read: Mukesh Ambani gets third death threat, sender demands ₹400 crore ransom "Mukesh Ambani received two threat emails once again between October 31 and November 1, warning him of serious consequences for ignoring previous emails wherein the person (sender of the mail) had demanded ₹400 crore," news agency ANI reported.

₹5 crore or more to charity expanded to a record 119 individuals in 2022-23, but their average donation size has halved from the pandemic-era peak, according to the latest EdelGive Hurun India Philanthropy list released on Thursday. In FY22, 108 individuals made it to the list. The list has grown consistently over the past seven years, from just 27 entrants in 2016-17.

₹5 crore or more to charity expanded to a record 119 individuals in 2022-23, but their average donation size has halved from the pandemic-era peak, showed the latest EdelGive Hurun India Philanthropy list released on Thursday. In 2021-22, a total 108 individuals had made it to the list. The list has grown consistently over the past seven years, from having just 27 individuals in 2016-17.

₹2,042 crore during the fiscal year 2022-23, as per EdelGive Hurun India Philanthropy List 2023. The report notes that Shiv Nadar donated an average of ₹5.6 crore per day. The list includes the names of 119 Indians including Wipro's Azim Premji, Zerodha co-founder Nikhil Kamath, etc.

Nita Ambani, the Reliance Foundation Chairman, turns 60 today. Married to business magnate Mukesh Ambani, the patriarch of Reliance Industries, over the years, she has managed to carve her own individual identity as a noted cultural patron and entrepreneur. One of the most influential figures in India’s business sector, Ambani has diversified her portfolio extensively throughout the years.

₹20 crore, Reliance Industries Chairman Mukesh Ambani on 28 October received another death threat in an email, reported news agency ANI. This time the emailer raised his demand from ₹20 crore to ₹200 crore, citing lack of response to the previous email. "Another email came from the same email account in which it was written 'U have not responded to our email now the amount is 200 crore otherwise the death warrant is signed'," the news agency quoted the Mumbai Police as saying.

Reliance Industries Chairman Mukesh Ambani received a death threat in an email on October 27, warning to shoot him if he filed to pay ₹20 crore, said police as quoted by the news agency ANI. A case registered under sections 387 and 506 (2) IPC in Gamdevi PS of Mumbai.

NEW DELHI : Reliance Jio launched its satellite communications service called Jio Space Fiber at the India Mobile Congress even as rival Bharti Group-backed satellite internet service conglomerate, Eutelsat-OneWeb, said it was ready to begin offering satellite broadband services from next month. The Mukesh Ambani-backed telco demonstrated the reach of the service by connecting four of the remotest locations in India with JioSpaceFiber in Gir, Gujarat, Korba in Chhattisgarh, Nabrangpur in Odisha and Jorhat, Assam.

₹2,790 crore, up from ₹2,305 crore in the year-ago period. Revenue from operations grew 19.5% from ₹57,694 crore to ₹68,937 crore, with growth momentum across consumption baskets led by food and grocery, which grew by 33%, the company said. Earnings before interest, tax, depreciation and amortisation (Ebitda) from operations rose 30.8% to ₹5,607 crore from ₹4,286 crore in the September 2022 quarter.