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Mukesh Ambani

Supreme Court orders telecom firms to clear $13 bn in dues by March 17

TMT

14 February, 2020

Supreme Court orders telecom firms to clear $13 bn in dues by March 17

India’s Supreme Court slammed mobile carriers on Friday for non-payment of billions of dollars in government dues and threatened them ......

Grapevine: UV ARC, Jio top bidders for RCom assets; Advent, Kedaara eye Sequent

General

15 January, 2020

Grapevine: UV ARC, Jio top bidders for RCom assets; Advent, Kedaara eye Sequent

UV Asset Reconstruction Company Ltd has emerged as the highest bidder for Reliance Communications (RCom) and Reliance Telecom Ltd with ......

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Flashback 2019: Brookfield strikes a double in this year's top PE deals

Finance

31 December, 2019

Flashback 2019: Brookfield strikes a double in this year's top PE deals

Canada’s Brookfield Asset Management Inc. led private equity-style dealmaking to a record this year, with the infrastructure sector emerging as ......

Reliance Retail worth twice DMart's valuation as RIL proposes share swap

Consumer

26 December, 2019

Reliance Retail worth twice DMart's valuation as RIL proposes share swap

Reliance Retail Ltd has emerged as the most valued retailer in the country after parent Reliance Industries Ltd proposed a ......

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Flashback 2019: Big PE deals mark otherwise rough year for infrastructure sector

Infrastructure

26 December, 2019

Flashback 2019: Big PE deals mark otherwise rough year for infrastructure sector

After a lacklustre 2018, the Indian infrastructure sector would have hoped for a turnaround in its fortunes this year. But ......

Reliance counters govt move to enforce arbitration as Aramco deal faces hurdle

Manufacturing

24 December, 2019

Reliance counters govt move to enforce arbitration as Aramco deal faces hurdle

India’s biggest company Reliance Industries Ltd has called a government move to try and force the refinery-to-telecoms behemoth to pay ......

Reliance-owned Embibe acquires ed-tech company Funtoot

TMT

17 December, 2019

Reliance-owned Embibe acquires ed-tech company Funtoot

Reliance Industries Ltd has struck its third acquisition of a technology company this month as it bought a 90.5% stake ......

Reliance Industries takes majority stake in drone maker Asteria Aerospace

TMT

13 December, 2019

Reliance Industries takes majority stake in drone maker Asteria Aerospace

Reliance Industries Ltd has acquired a majority stake in drone maker Asteria Aerospace Pvt. Ltd, as billionaire Mukesh Ambani’s retail-to-refining ......

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Brookfield brings in two LPs as co-investors in India's biggest private equity deal

TMT

11 December, 2019

Brookfield brings in two LPs as co-investors in India's biggest private equity deal

Canadian investment firm Brookfield Asset Management Inc. has found two co-investors to support its marquee deal to buy the tower ......

Times Group said to be in talks to buy Reliance's news biz; RIL denies report

TMT

28 November, 2019

Times Group said to be in talks to buy Reliance's news biz; RIL denies report

India’s Reliance Industries Ltd, controlled by Asia’s richest man Mukesh Ambani, on Thursday denied a Bloomberg report that it was ......