Reliance Offers Jobs To Future Retails Employees
Mukesh Ambani recently took control over all Future Retail stores and has offered jobs to employers. The Reliance Industries head made this decision amid the Kishore Biyani e-commerce battle that leads Amazon. The two have been in a battle at many judicial forums for the Future Group retail arm of the RIL. RIL has already where it would open its premises including Big Bazaar in it.
Tags: Reliance Industries, Reliance, Mukesh Ambani, Amazon, Big Bazaar
Courtesy: ET NOW
RIL Becomes Wealthiest Creator With Rs 9.7 Lakh Crore In 2021
As per Brokerage data, Mukesh Ambani's RIL is named as the wealthiest creator (Rs 9.7 lakh crore). The Annual Wealth Creation report revealed that, RIL topped the list third time in a row and amounted to 13.6% of the total wealth created in 2021. While RIL topped the list, Tata Consultancy became second with wealth creation of Rs 7.3 lakh crore, followed by HDFC with Rs 5.1 lakh crore.
Tags: RIL, Mukesh Ambani, Tata, Annual Wealth Creation, Global
Courtesy: The Times Of India
Rolling Out 5G Should Be National Priority: Mukesh Ambani
Mukesh Ambani, MD of the Reliance Industries Limited (RIL), on December 8, said, "Roll out of 5g in India should be a national priority." Aiming at a digital revolution in India, Ambani emphasized on the need of 5g, executed by telecom army, Jio. It is expected that by 2027, 39% mobile subscriptions will have 5g technology.
Tags: 5G, Jio, Mukesh Ambani, Indian Technology, Digital India
Courtesy: The Siasat Daily
Reliance Denies Ambani's Family Moving To London
Reliance Industries recently bought a property worth Rs 592 crore in London. Following this, speculations went around about the family relocating to London. In a statement published by Reliance, they denied the "baseless" speculation of Mukesh Ambani's family partly shifting to Stoke Park in London. Furthermore, the statement stated that they would be enhancing the property as a "premier golfing and sporting resort".
Tags: Reliance Industries, Mukesh Ambani, property, london, Ambani
Courtesy: Live Mint
Reliance Industries Acquire 52% Stake In Fashion Label Ritu Kumar
Reliance Industries bought 52% stake in the fashion brand, Ritu Kumar. However, no financial details have yet been unveiled by the company. Reportedly, Reliance also bought a 40% stake in Manish Malhotra’s fashion house. Furthermore, Birla Fashion and Reliance bought 51% stake in Sabyasachi. “The discretionary wallet spend on products of the top 20 million customers is what we remained focused on”, said… read-more
Tags: business, Reliance Industries, Mukesh Ambani, India, fashion
Courtesy: Reuters
Mukesh Ambani Joins Jeff Bezos, Elon Musk At Elite Wealth Club
Asia's richest man with a worth of at least $100 billion, Mukesh Ambani also the chairman of India's Reliance Industries Ltd has joined Jeff Bezos and Elon Musk at the world's most elite wealth club on October 8. As per the Bloomberg Billionaires Index, he is now worth $100.6 billion, gaining $23.8 billion this year. However, his retail and digital enterprises raised around $27 billion last year.
Tags: Mukesh Ambani, Jeff Bezos, Elon Musk, 100 billion dollar club
Courtesy: NDTV
Sachin Vaze Purchases Gelatine Sticks, Threat Ambani: NIA
In the latest development in Sachin Vaze's case, the National Investigation Agency (NIA) said in its charge sheet that Vase, the accused no.1 "procured gelatine sticks (explosive substance) through confidential sources." The charge sheet also revealed that Vase had placed the explosive in the Scorpio vehicle and also left a threat note naming Mukesh Ambani and his family. Furthermore, NIA is investing the case to nab Vaze's aides.
… read-moreTags: Gelatin sticks, Mukesh Ambani, NIA, Sachin Vaze
Courtesy: Deccan Herald
First-Ever Reliance's Laptop 'JioBook' Expected To Release Soon
JIoBook, a laptop, product of Reliance Jio partnered with China’s Bluebank Communication Technology and is rumored to be released in the market this festive season. According to reports the device will be supported by a Qualcomm processor along with 4 GB RAM and is priced under INR 30,000. As per listing on the certification website it may come in three different variants to offer customers a varied choice.
Tags: Jio, Reliance India, Mukesh Ambani, Laptops
Courtesy: GadgetsNow
Jeff Bezos Tops Forbes Billionare List, Ambani & Adani in Top 20
Reliance Industries Limited (RIL) Chairman Mukesh Ambani and Adani Group Chairman Gautam Adani have been declared the first and the second richest person of India by the Forbes billionaires list. However, Ambani and Adani secured 12th and 20th spots among the top 20 richest persons in the world. Besides, Amazon's CEO and founder Jeff Bezos topped the ranking, followed by Elon Musk, Bernard Arnault, Bill Gates, and Mark Zukerberg.
Tags: Forbes Billionaires, World's Richest Man, Richest Man, Jeff Bezos, Mukesh Ambani
Courtesy: The Siasat Daily
Reliance Retail Eyes Acquisition Of 'Subway' India
Reliance Retail (RIL), owned by Mukesh Ambani may acquire the Indian franchise of the world's largest single-brand restaurant chain, Subway. The acquisition is worth $200-$250 million. This comes in the wake of Subway's Chief Executive John Chidsey's attempts to restructure its sales strategies as it took a hit due to the pandemic. Reportedly, the RIL will gain around 600 Subway stores across India when the acquisition is on board.
Tags: Reliance India, Subway, Mukesh Ambani, Indian restaurant
Courtesy: Business Today