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Tuesday, August 19, 2025
TopicMukesh Ambani

Topic: Mukesh Ambani

Reliance negotiating with US State Dept to end curbs on buying Venezuelan oil

After US imposed sanctions on Petroleos de Venezuela SA in 2019, in an effort to dislodge President Nicolas Maduro from power, 'oil swaps' (Venezuelan crude for diesel) were nixed.

Why Ambani, Adani are in protesters’ crosshairs despite showing no interest in farm sector

Protesters have targeted the two tycoons amid the Centre-farmers dispute that has revived debate on what Modi’s critics call a cozy nexus between corporates and the govt.

Zhong Shanshan, the lone wolf Chinese tycoon who beat Mukesh Ambani to become Asia’s richest

Zhong Shanshan, chairman of Chinese bottled-water company Nongfu Spring, beat Warren Buffett, Larry Page and Steve Ballmer to become the sixth wealthiest person on earth.

SEBI fines Mukesh Ambani, Reliance Rs 40 crore for breaking share-trading rules in 2007

The market regulator's order says Reliance operated to allegedly earn undue profits from sale of shares in Reliance Petroleum in both the cash and futures markets.

China’s bottled water king Zhong Shanshan dethrones Mukesh Ambani as Asia’s richest

Zhong’s net worth has surged $70.9 billion this year to $77.8 billion, making him the 11th-richest person on the planet, according to the Bloomberg Billionaires Index.

Mukesh Ambani sold a dream to tech giants for $27 billion. Now he has to deliver

Investors are watching Ambani’s every move as he overhauls his empire in the middle of a pandemic, wading into highly competitive industries & taking on rivals from Amazon to Walmart.

Jio and Facebook can drive India to achieve its $5 tn economy goal — Mukesh Ambani

In conversation with Facebook CEO Mark Zuckerberg, Mukesh Ambani talked about Facebook and Jio's partnership and explained how it will benefit India in the long run.

Roll out 5G early to free ‘trapped’ Indian callers, Mukesh Ambani urges Modi govt

Ambani's push for fast rollout of 5G and scrapping of 2G technology, mainly run by rivals like Airtel and Vodafone, will give unparalleled edge to Reliance Jio, the country’s top wireless operator.

Why the Mukesh Ambani vs Jeff Bezos fight could be more of a waiting game

By seeking to stall Ambani’s purchase of Future, Bezos may be signalling he’d rather remain a rival. Or, he’s buying time to sweeten offer currently on table.

Mukesh Ambani loses $5 billion as oil sinks Reliance shares to 3-month low

The slide also shaved down Mukesh Ambani’s wealth to about $73 billion to mark his worst day since March, according to the Bloomberg Billionaires Index.

On Camera

India needs to talk about over-tourism, before the great asset becomes the greatest liability

Why should local communities suffer in order to facilitate someone else’s adventures? The trickle-down effects of over-tourism reach the economy, society, and industry.

Amid Trump’s tariff bombs, India’s business with America surged while imports from Russia dipped 10%

As India-Russia trade decreases, India's April-July exports to the US this year increased by 21% compared to last year & imports from the US grew by 12%.

India provides Nepal with military equipment, medical supplies; PM Oli likely to visit next month

New Delhi: India has handed over military equipment, medical supplies, trained dogs and horses to the Nepalese Army Monday, ahead of Prime Minister K.P....

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?