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Wednesday, August 13, 2025
TopicMukesh Ambani

Topic: Mukesh Ambani

Mukesh Ambani raises more funds, now US private equity firm invests $1.5 billion in Jio

Mukesh Ambani has been announcing a string of fund-raising plans as part of a proposal to slash debt at Reliance & bolster investor confidence.

After Facebook, Reliance Jio to receive Rs 5,665 crore investment from Silver Lake

The deal is the latest effort by Mukesh Ambani to convince investors that he aims to honour his promise of cutting the group’s net debt to zero by early 2021.

Reliance cuts salaries, Mukesh Ambani won’t get any pay this year

Loss of demand for refined oil products and plastics has put pressure on the hydrocarbons business forcing Reliance to reduce costs.

Reliance Industries plans its first rights issue in 30 years, aim to become net debt-free

The proposal would be the third fund-raising announced by company in recent weeks, underscoring Mukesh Ambani’s confidence despite a pandemic that’s slammed the oil industry.

Days after Facebook-Reliance deal, JioMart begins field testing in Mumbai

JioMart, an e-commerce venture of Reliance Retail, intends to deploy kirana stores as delivery points for groceries during lockdown.

RSS affiliate slams Facebook-Jio deal, says it’s a bigger threat than Amazon, Flipkart

Concerns raised by Swadeshi Jagran Manch were echoed by Confederation of All India Traders and the Laghu Udyog Bharati, another RSS affiliate.

How Mark Zuckerberg just gave Mukesh Ambani a badly needed win

Reliance Industries’ market value surged about $11 billion on the deal & Mukesh Ambani regained the title of Asia’s richest man from Jack Ma.

Mukesh Ambani is back as Asia’s richest man after Jio’s deal with Facebook

Mukesh Ambani’s fortune rose about $4.7 billion to $49.2 billion on Wednesday, after Reliance Industries Ltd. gained 10%.

Why Mukesh Ambani and Mark Zuckerberg can be happy together

Oil glut & price crash makes Jio a good bet Ambani. Facebook needs new markets to keep growing & India is the next best thing since China isn’t an option.

Jio-Facebook deal: Boosts India as FDI destination or threatens to be e-commerce monopoly?

Mark Zuckerberg-led Facebook has bought a 9.99 per cent stake in Mukesh Ambani's Reliance Jio Platforms for Rs 43,574 crore.

On Camera

US bullying spurred Green Revolution. Let tariffs give us a Business Revolution

Perhaps the present crisis and trauma can force our country into something resembling that special moment we found in the sixties. Perhaps we can radically alter our business environment.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

India expands Southeast Asia defence footprint with new joint venture in Philippines

Memorandum of understanding between SMPP and ADFC was signed during state visit of Philippines’ President to India earlier this month.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.