RIL shares climb over 4% on LIC stake hike, earnings optimism

Last Updated: Tuesday, March 3, 2015, 18:14

Shares of RIL rose over 4 percent Tuesday, adding Rs 12,318.53 crore to investor wealth, on growing earnings optimism and as insurance major LIC increased its stake in the Mukesh Ambani-led firm to over nine percent.

India's billionaire population fourth highest; US on top

Last Updated: Tuesday, March 3, 2015, 17:39

India is home to the fourth largest number of billionaires across the world, while the US tops the charts followed by China and Germany.

Forbes Rich List 2015: Full list of Indians

Last Updated: Tuesday, March 3, 2015, 00:08

Here is the list of Indians on Forbes' Global Rich List with their global rank, name and net worth.

Mukesh Ambani richest Indian for 8th year; Bill Gates on top globally

Last Updated: Monday, March 2, 2015, 21:04

Mukesh Ambani has retained his position as the richest Indian for the eighth year in a row with a networth of USD 21 billion, while moving up one place on the global rich list that has been topped once again by software czar Bill Gates.

Isha, Radhika among Forbes' 12 'power businesswomen' from Asia

Last Updated: Thursday, February 26, 2015, 12:37

Isha Ambani and Radhika Piramal, the generation next of India Inc, have been named by Forbes magazine among its 12 "power businesswomen" from Asia who are well on their way to forging stellar reputations in their industries.

Reliance, Essar stocks take a beating amid 'espionage' scandal

Last Updated: Monday, February 23, 2015, 19:39

Stocks of Anil Ambani-led Reliance Group companies, Essar Oil and Mukesh Ambani-led Reliance Industries Ltd witnessed huge selling pressure Monday as investors booked profit amid concerns relating to the "corporate espionage" scandal.

Ambanis, Jet chief Goyal deny having illegal Swiss bank account

Last Updated: Monday, February 9, 2015, 16:16

Top industrialists the Ambani brothers and Jet Airways Chairman Naresh Goyal, on Monday denied having illegal Swiss bank accounts in the wake of leaked list of account holders of HSBC brought out by an international body of journalists.

India among top 3 nations generating most billionaires

Last Updated: Wednesday, February 4, 2015, 17:15

The India list gives details of the richest people in the country with a cut off wealth of Rs 6,000 crore.

Mukesh Ambani, Anand Mahindra among those who give WEF a miss

Last Updated: Saturday, January 24, 2015, 17:11

As the WEF summit draws to a close Saturday, a few big names from India including Mukesh Ambani and Anand Mahindra were missing in action while Pakistan Prime Minister Nawaz Sharif and Jordan's King Abdullah II were among global leaders who cancelled their trips at the last moment.

RIL to see upside upon $16 bn project completion

Last Updated: Monday, January 19, 2015, 17:20

Reliance Industries, which reported its first decline in quarterly net profit in over two years, is likely to see upside when its USD 16 billion expansion projects are completed and telecom venture is rolled out, analysts said.

Reliance Jio applies for pan India cable MSO license

Last Updated: Wednesday, January 14, 2015, 18:29

In a bid to foray into broadcast distribution business, Reliance Jio Media, a subsidiary of Reliance Jio Infocomm, has applied for a pan India cable MSO (Multi-System Operator) license, according to sources.

Mukesh Ambani gives retail arm mandate to drive 4G devices

Last Updated: Tuesday, January 13, 2015, 09:38

Set to launch its pan-India 4G datacom services under "Jio" brand soon, Mukesh Ambani-led Reliance Industries has assigned its retail arm the mandate to develop the market for compatible devices and drive its growth.