reliance industries

SEBI Slaps $5.5 Million Fine On Ambani Brothers And RIL

The Ambani brothers might have to shell out a pretty penny as past mistakes have come back to bite! The Securities and Exchange Board of India (SEBI) has fined Mukesh Ambani, Anil Ambani and 9 other individuals and entities for...

Ambani To Lock Horns With Musk Over Future Transportation Tech!

RIL Chairman and Asia’s richest man Mukesh Ambani has decided to lock horns with SpaceX and Tesla founder Elon Musk - the world's richest billionaire. Ambani, via RIL subsidiary Reliance Strategic Business Ventures has recently acquired a U.S. based Hyperloop-rival...

Does CCI Verdict On Reliance Future Group Deal Hints Who Will Have The Last Laugh?

Biyani's Future Group, Ambani's RIL, and Bezos' Amazon have been in a three-way dispute for the past month. This dispute was sparked in October when in a response to a deal between RIL and Future Group, Amazon sought the...

Facebook-Jio Deal: Pact for Limited Data Sharing Or Route For Repeat Offence?

Shades of Deja-vu? Seen this situation unfold before? Anybody can be forgiven for asking twice, but are we really buying Facebook’s limited data sharing claims, again? The much-celebrated Reliance Jio-Facebook deal is creating waves, still. Upon being questioned as to the...

₹90 Crore Per Hour: That’s What Mukesh Ambani Added To His Wealth During COVID Era

Today the "IIFL Wealth Hurun India Rich List 2020" was released and guess who kept maintained his position at the top for the ninth consecutive year? It’s Mukesh Ambani! The only Indian who is currently among the world’s top 5...

Is Netflix’s New Deal The Ticket To Its Success In The Indian Streaming Market?

Reuters reported yesterday that online video streaming titan Netflix is in the process of negotiating a multi-year deal with Indian media company Network18's joint venture with Viacom, Viacom18. It's interesting to note that Network18 is a unit of Mukesh...

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A Big Blow To Amazon and Flipkart: CCI Investigation To Continue

Flipkart and Amazon continue to find themselves in hot water as their plea against the investigation that is being...