Topic: Mukesh Ambani

India's Ambani eyes stake in Network18: report

Shares in India's television and Internet group Network18 soared nearly 20 percent on Tuesday after reports that it could sell a stake to the country's richest man, Mukesh Ambani.Ambani, who is chairman of the oil and gas conglomerate Reliance ...

India's richest '20% poorer than a year ago'

The combined wealth of India's richest people has fallen nearly 20 percent over the last year, due to factors including inflation, falling stocks and corruption, Forbes magazine said on Thursday.The business publication said the country's 100 wealthiest individuals were ...

India's richest getting poorer, says Forbes

MUMBAI (Reuters) - India's richest are getting poorer, according to Forbes, as falling stock prices, corruption scandals in Asia's third-largest economy and a global slowdown wiped 20 percent off the total value of the country's 100 wealthiest in the last ...
India's richest man Mukesh Ambani faces a possible federal probe into the construction of his 27-storey luxury home -- one of the most expensive private residences in the world.The Maharashtra state government is considering whether federal investigators should look into alleged ...
Reliance Industries Ltd. (500325. BY) will become debt-free in the current financial year through March and start cash-and-carry retailing business...

India's Reliance aims to be debt-free this year

India's largest private company, Reliance Industries, aims to be completely debt-free by the end of this fiscal year, its chairman, Mukesh Ambani, announced on Friday."Reliance will be completely debt-free this year of 2011-12, which reflects the company's robust financial ...

Best of Money Carnival #91

In this week's edition, we look at the current list of the richest men in the world, one thing that sticks out is how only 3 of the top are from...

Reliance Q3 profit up 28 percent but lags forecast

MUMBAI (Reuters) - India's largest listed company, Reliance Industries Ltd , posted its highest ever quarterly profit on higher refining and petrochemical margins, but lagged market estimates.Reliance said net profit rose 28 percent to 51.36 billion rupees ($1.13 billion) in ...

Indian media stars caught up in corruption scandal

India's feisty media claim to be guardians of national democracy, but a scandal involving high-profile journalists and telephone taps has given the country its own WikiLeaks-style controversy.At the centre of the storm is India's best-known television journalist, Barkha Dutt ...
On a balmy November night in Mumbai, Mukesh Ambani and his wife Nita welcomed guests into their newly completed 27-story home. Celebrity author and columnist Shobhaa De who was one of the 80 carefully selected guests at the gathering dubbed the Ambani ...