RIL Q3 profit drops; approves 104.4 bln rupees buyback
Energy conglomerate Reliance Industries reported its first quarterly profit drop in more than two years, and moved to bolster its underperforming shares by announcing a share buyback of up to 104.4 bi
RIL back on top as market weight see-saw continues with Infosys
Helped by a market-defying uptrend in its share price, Mukesh Ambani-led Reliance Industries on Monday regained its position as the country's most influential stock from IT major Infosys.
As a situat
Reliance Industries eyeing fast-food business: Report
Energy major Reliance Industries, India’s most valued company that also runs supermarkets, plans to enter the fast-food business next year, the Economic Times reported on Monday.
Govt must work at faster pace, says Mukesh Ambani
Top industrialist Mukesh Ambani on Sunday urged the government to 'move faster' on decision-making, and called for a 'dramatic shift' in the governance model for a better partnership between the gover
India has highest share of Asia family businesses
India has the highest percentage share of family businesses in Asia, accounting for 67 per cent of total listed companies with market capitalisation of more than $50 million, Credit Suisse said in a r
Forbes list: Mukesh Ambani richest Indian, Anil biggest loser
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
Mukesh Ambani could face luxury home probe
India's richest man, Mukesh Ambani, faces a possible probe into the construction of his 27-storey luxury home - one of the most expensive private residences in the world.
The Maharashtra state govern
RIL to become debt-free in 2011: Ambani
Corporate giant Reliance Industries’ chief Mukesh Ambani on Friday announced that the company would become debt-free in the current financial year.
Reliance retail to enter wholesale business soon: Ambani
Reliance retail will soon launch cash-and-carry format stores for wholesale business, while its consumer-focused business will become market leader across all formats in the next two years, Mukesh Ambani said on Friday.
RIL to be debt-free by end of FY12: chairman
India's largest listed firm Reliance Industries will be free of net debt by the end of fiscal 2012, Chairman Mukesh Ambani said at the company's annual shareholder meeting on Friday.
The company, con