How Mukesh Ambani turned Reliance into a $100 billion firm

1 week ago
It is not for the first time that Mukesh Ambaniled Reliance Industries (RIL) has crossed the $100 billion valuation mark. The mcap of oiltotelecom conglomerate had last scaled this milestone in October 2007 when the rupee was valued at 39.5 against ... ...

Is Mukesh Ambani headed for a battle with FlipkartWalmart, Amazon?

2 weeks ago
At Reliance Industries' 41st AGM, it became amply clear that the global ecommerce giant Amazon and retail behemoth Walmart, which is set to acquire largest homegrown etailer Flipkart, may not have a smooth ride in a market where they have pumped in  ... ...

Sensex falls 70 points, Nifty closes below 10750; Infosys, Vedanta, Tata Steel top losers

2 weeks ago
The market snapped its twoday winning streak, tracking losses across Asian peers ahead of imposition of US tariffs on Chinese exports. While the Sensex closed 70 points lower at 35,574, Nifty fell 20 points 10,749 level. "Investors are more ... ...

Mukesh Ambani's Reliance Industries to ride on Jio, retail to double size

2 weeks ago
Consumercentric businesses would be the focus of Reliance Industries (RIL) in the coming years, indicated its chairman, Mukesh Ambani, while addressing shareholders at the company's 41st Annual General Meeting on Thursday. “As the 'golden decade'  ... ...

Reliance AGM 2018: No tariff cuts as Jio shifts focus to broadband services

2 weeks ago
Reliance Industries' (RIL) 41st annual general meeting saw the entire conversation centred around the disruption Jio was going to cause this time around. While telecom players heaved a sigh of relief as there were no further tariff cuts, the action ... ...

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