AMBANI
Elon Musk’s $1,100,000,000,000 net worth exceeds combined fortunes of Page, Brin, Bezos, Ellison & Dell; Here’s what the global rich list looks like now
Elon Musk net worth: Elon Musk's net worth has surged to approximately $1.1 trillion, driven by SpaceX's valuation reaching $2.2 trillion and continued strength in Tesla. This unprecedented wealth places him on the brink of becoming the world's first trillionaire, significantly widening the gap with other global billionaires.
ED gets custody of ex-MD of Reliance Group Sateesh Seth
Seth, former group managing director of Anil Ambani-led Reliance Group, has been arrested in a money laundering investigation by the agency in connection with a loan fraud case.
NCLT admits SBI plea for personal insolvency proceedings against Anil Ambani
Mumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by the bank. Ambani had personally guaranteed loans for Reliance Communications. The tribunal noted that debt remains due. Legal proceedings are expected to continue. This ruling could impact other personal guarantor cases.
What Radhika Ambani wants young Indians to know about success
Radhika Ambani shared insights on success, purpose, and equality with students. She stressed defining success by personal impact rather than just quantifiable metrics. Ambani also discussed overcoming fear of failure through action and the importance of financial independence for women. Her message encourages a balanced, globally aware yet rooted perspective for young professionals.
SpaceX’s IPO success may rub off on Ambani
Investor interest in major tech offerings remains strong. Mukesh Ambani's Jio Platforms is preparing for a significant IPO in India. However, historical data indicates that large IPOs can signal market peaks. Concerns exist about liquidity draining from secondary markets. This could impact the success of upcoming Indian listings. Careful consideration of market conditions is advised.
Meta partners with Reliance to set up its first data centre in India
Meta Platforms is significantly boosting its India investments with a new 168 MW data center in Jamnagar, Gujarat, in partnership with Reliance Industries. This facility will support Meta's global AI infrastructure and is powered by renewable energy. Additionally, Meta has expanded its renewable energy collaboration with Clean Max to over 900 MW, developing new solar and wind projects across India.
- Go To Page 1
Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacity
Meta Platforms is investing heavily in India's digital future. The company is partnering with Reliance Industries to build a new data center in Gujarat. This facility will support Meta's global AI needs. Additionally, Meta is expanding its renewable energy partnership with CleanMax. This collaboration will add over 900 MW of solar and wind power capacity.
Reliance Industries-led consortium wins bid for 101-acre Mumbai slum redevelopment project
A Reliance-led consortium has secured the bid for the massive Juhu Galli slum redevelopment in Mumbai. This project will build over 28,000 homes for residents. The Maharashtra government's cluster redevelopment policy guides this initiative. The developer must provide significant financial support for resident transit accommodation. This marks a major step in large-scale slum redevelopment in the city.
Meta-Reliance AI hub; SAP CEO on India's AI edge
Meta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
Meta partners with Reliance to lease 168 MW AI data centre in Jamnagar
Meta has deepened its India bet by partnering with Reliance Industries to build its first AI-ready data centre in the country, leasing 168 MW of capacity at Reliance's upcoming hyperscale campus in Jamnagar, Gujarat. The deal marks a significant milestone in the long-standing Meta-Reliance relationship and highlights India's emergence as a major hub for AI data centres. Roughly $270 billion cumulative investment has been committed by global hyperscalers and Indian conglomerates in data centres.
Ambani-backed robot startup seeks $100 million to lead in India
Reliance-backed robotics startup Addverb Technologies is looking to raise over $100 million to fund expansion into humanoid robots, AI and advanced automation. The company, which generates half its revenue overseas, targets a spot among the world's top 10 robotics firms within five years.
Jio BlackRock prepares ETF debut by August after building $2 billion India fund base
Jio BlackRock is set to launch its first Indian ETFs by August, aiming to mirror BlackRock's global success in passive investing. The joint venture, already managing $1.9 billion in assets, plans to initially focus on equity strategies. This move seeks to tap into India's growing, albeit nascent, ETF market, with plans for GIFT City products also underway.
AlphaGrep enters MF space, eyes Rs 25,000-30,000 cr AUM in 3-5 yrs; to launch maiden scheme on Jul 6
The move comes after the company received approval from the Securities and Exchange Board of India (Sebi) to commence mutual fund operations.
Macquarie initiates 'Underperform' rating on Meesho, sees 25% downside. Here's why
Macquarie has initiated coverage on Meesho with an ‘Underperform’ rating and a target price of Rs 125, implying nearly 25% downside. The brokerage believes declining average order values and modest per-order economics could limit profitability, despite strong user growth, improving engagement metrics, and the company’s focus on free cash flow.
Gautam Adani becomes Asia's richest person again; overtakes Mukesh Ambani, Softbank's Masayoshi Son
Gautam Adani has regained the title of Asia’s richest person after a rally in Adani Group stocks lifted his net worth to $89.2 billion. The surge helped him overtake Mukesh Ambani and SoftBank’s Masayoshi Son, with key Adani stocks gaining strongly and extending their sharp 2026 rally.
Can Elon Musk do to US telecom what Mukesh Ambani did in India?
Elon Musk's Starlink is poised to disrupt American telecom giants like AT&T and Verizon. Analysts believe Starlink could change how connectivity is delivered and who controls it. SpaceX's satellite internet service is evolving into a mainstream platform. This shift could accelerate declines in subscriber growth and revenue for traditional operators.
Micro-drama platform Bullet launches Trinetra AI—an AI filmmaking and content intelligence platform for micro dramas
Bullet, backed by Zee Entertainment Enterprises, has launched Trinetra AI, a platform that uses artificial intelligence for filmmaking and content intelligence. It helps creators develop, produce, and monetize stories efficiently. Trinetra AI leverages Zee's extensive data on Indian audiences and languages. The platform aims to boost the growing micro-drama industry, which is projected for significant revenue growth by 2028.
Dividend alert! Last date to buy RIL, HDFC AMC and 14 other stocks for dividend rewards. Do you own any?
A total of 16 stocks, including Reliance Industries, HDFC AMC, Bank of Baroda and others, are set to turn ex-dividend on June 5, making today the last buying opportunity under T+1 settlement. Investors buying today will be eligible for payouts ranging from Rs 0.01 to Rs 54 per share across companies.
Did Trent shares really crash 34% in one day? Here's how the bonus math works
Trent shares, the parent company of Zudio and Westside, turned ex-bonus on Thursday after its maiden 1:2 bonus issue, making the stock appear nearly 34% lower at the open. The sharp decline was purely due to the price adjustment for the bonus shares and did not represent a loss in shareholder value. On an adjusted basis, the stock was actually down only about 2% in early trade.
Reliance Industries dividend alert! Last date to buy shares of Mukesh Ambani-led company for Rs 6 final dividend
Reliance Industries has set June 5 as the record date for its final dividend of Rs 6 per share for FY26, making June 4 the last day to buy shares for eligibility. The company's stock has seen a decline in the short term, with a 17% drop year-to-date in 2026.
Mukesh Ambani-led Reliance inks MoUs with Haryana Govt, to invest Rs 8,646 cr in Jhajjar township project
Reliance Industries' Model Economic Township Ltd has committed Rs 8,646 crore to its Jhajjar project. This investment, alongside industries setting up operations, will boost economic growth. The MoUs were signed as part of Haryana's Make in Haryana Industrial Policy 2026. These investments will create over 33,250 jobs across various sectors. Reliance MET City continues to facilitate this development.
TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest person
Zhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index. The ByteDance cofounder’s fortune swelled more than sevenfold since Bloomberg started tracking his wealth in March 2019, when he was worth $13 billion.
Ambani’s Jiostar platform bets big on all-AI series
JioStar, the streaming venture backed by Reliance and Disney, plans to significantly expand AI-generated content on JioHotstar after the strong performance of its AI-made Mahabharat: Ek Dharmayudh. The 100-episode series drew 6.5 million views on its first day, more than double the platform’s average.
Morgan Stanley sees Reliance Industries’ AI, new energy bets powering next growth chapters. Here’s why
Morgan Stanley believes Reliance Industries has entered its fifth monetisation cycle, with artificial intelligence infrastructure and new energy businesses poised to become key growth drivers. Maintaining an overweight rating and a target price of Rs 1,803, the brokerage sees 34% upside in the stock.
As Jio IPO timeline nears, Ambani weighs on broadening stakeholder participation
Reliance Industries Chairman Mukesh Ambani is preparing Jio Platforms for its initial public offering. The company is looking at ways to bring in more stakeholders. This move comes as the IPO is slated for the first half of 2026. Jio Platforms has shown strong financial growth. Its profit after tax increased by 15 percent in the year ended March 2026.
As Jio IPO timeline nears, Ambani weighs on broadening stakeholder participation
Ambani, in RIL's annual report published on Thursday, said the company is taking deliberate steps to strengthen Jio's institutional framework, enhance transparency and prepare it for opportunities ahead as the digital services evolve into a global technology leader.
Ambani bets on Jio, AI and green energy to power RIL's next chapter
Reliance Industries is placing Jio Platforms at the core of its future growth. Chairman Mukesh Ambani envisions Jio as a global technology platform driven by AI, digital infrastructure, and clean energy. The company is also strengthening its renewable energy ambitions. Ambani highlighted India's decade of economic and digital transformation. Near-term concerns exist for the oil business due to global factors.
Reliance Jio IPO soon? Mukesh Ambani to provide update on $4 bn public issue at upcoming AGM, says report
Mukesh Ambani is expected to share an update on Jio Platforms’ anticipated IPO at Reliance Industries’ June 19 AGM. Reports suggest Reliance is shifting towards a fresh issue structure to protect retail investors and strengthen Jio’s long-term growth and transparency roadmap.
Mukesh Ambani draws zero salary again: India's richest man forgoes paycheck for 6th straight year
Reliance Industries Chairman Mukesh Ambani did not take any salary in FY26, continuing a six-year trend. Reliance reported strong annual revenue growth despite profit decline in Q4, while Ambani’s children and senior executives received commissions and remuneration.
Load More
