Reliance’s stock dropped 3.49 per cent to settle at Rs 3,001.10 on the BSE. Mukesh Ambani owns India’s most valuable company by market valuation, Reliance Industries. He is the richest man in Asia with a net worth of Rs 976320 crore (as of July 22), as per Forbes. He is the chairman of Reliance Industries, …
Billionaire Mukesh Ambani-promoted Reliance Industries has sought approval from fair trade regulator Competition Commission of India (CCI) for the USD 8.5-billion merger of Viacom18 and Star India Pvt Ltd (SIPL). “The proposed transaction aims to combine the entertainment businesses (along with certain other identified businesses) of Viacom18, part of Reliance Industries Ltd (RIL) group and …
Image Source: PTI RIL’s financial services unit Isha Ambani, the daughter of billionaire Mukesh Ambani, and former CAG Rajiv Mehrishi have been appointed as directors on the board of the demerged financial services unit of Reliance Industries Ltd. This move comes after the company announced its plans to demerge its financial services undertaking into Reliance …
Image Source : FACEBOOK India’s largest robotics firm Addverb aims Rs 8,000 cr revenue in 5 yrs Addverb, the leading robotics company in India under the ownership of Reliance Retail, has ambitious plans to surpass Rs 8,000 crore in revenue within the next five years. This goal will be achieved through the expansion of manufacturing …