Sunday, 16 January, 2022
TopicMukesh Ambani

Topic: Mukesh Ambani

Mukesh Ambani’s succession plan for Reliance needs 3 ‘superstars’

Andy Mukherjee -
Reliance succession will be underpinned by the emergence of at least 3 superstar businesses, each of which will aim for a very large share of profit in its particular industry.

Mukesh Ambani’s Reliance Jio plans its biggest-ever rupee bond sale in debt market

Divya Patil -
Jio is seeking commitments for as much as Rs 5,000 crore of notes maturing in 5 years at a coupon of 6.20%. The firm last tapped the rupee bond market in July 2018.

Mukesh Ambani wants to speed up Reliance’s succession plans

P. R. Sanjai -
Ambani, valued at almost $91 billion, is said to be considering several succession plans including one that shares elements with that of Walmart’s Walton family.

To keep millions confined to 2G is to deprive them of digital revolution: Mukesh Ambani

PTI -
New Delhi: Billionaire Mukesh Ambani on Wednesday pitched for using the USO Fund to subsidise smartphones for select groups to help penetrate the digital...

Anil Ambani’s Reliance Capital unraveling shows why RBI hates big business in banking

Andy Mukherjee -
Reliance Capital joins a long list of Indian shadow banks that have keeled over since the sudden collapse of infrastructure financier IL&FS Group in September 2018.

This is how Mukesh Ambani is planning to pass on Reliance empire to his successors

P. R. Sanjai -
The Reliance empire was plunged into uncertainty in 2002 when Dhirubhai Ambani died without a will, subsequently sparking a years-long battle for control between brothers Mukesh and Anil.

NIA court grants bail to bookie Naresh Gaur in Antilia bomb scare case, later stays order

PTI -
Gaur was the first accused in the case to be granted bail. The court stayed the order for 25 days after the prosecution requested that they wanted to challenge it before a higher court.

Security tightened outside Mukesh Ambani’s home Antilia after taxi driver tips off police

PTI -
The cabbie informed the cops that two suspected passengers carrying bags had asked him about the location of Ambani's residence Antilia, an official said.

Why Ambani and Adani’s hydrogen fight will decide if India can contribute to saving the planet

Andy Mukherjee -
Mukesh Ambani and Gautam Adani owe their fortunes to carbon, and yet it’s in hydrogen, where a complex contest between them could open a pathway to decarbonized economic growth.

Mukesh Ambani buys 40% stake in Manish Malhotra’s fashion brand in widening luxury retail push

Chris Kay -
Investment in Manish Malhotra, stylist to the biggest stars, speaks of Ambani’s wider aim of transforming Reliance Industries Ltd, lessening its dependence on oil-refining and petrochemicals businesses.
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Economy

RBI proposes changes to valuation of bank investments, relaxing of investment class rules

Bijou George -
A Reserve Bank of India discussion paper Friday suggested removing caps on the Held-To-Maturity class of securities, and allowing more types of instruments to be held within them.

Defence

A visual from the crash site in Tamil Nadu. | Photo: Twitter/ANI

CDS chopper crash was caused by weather change, leading to Controlled Flight Into Terrain: IAF

Snehesh Alex Philip -
In Friday statement, IAF says tri-service Court of Inquiry ruled out mechanical failure, sabotage or negligence as cause of accident involving Mi-17 V5 helicopter last month.

National Interest

Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

Shekhar Gupta -
The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.

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