India’s Securities and Exchange Board (Sebi) on Friday imposed sanctions totaling Rs 70 million on Reliance Industries Ltd (RIL), its Chairman and Managing Director Mukesh Ambani, and two other entities for alleged manipulative trading of the securities. shares of the former Reliance Petroleum Ltd (RPL) in November 2007. The market …
Read More »Reliance Petroleum Case | SEBI fines Reliance Industries, Mukesh Ambani and two other entities
Fines of ₹ 25 crore and ₹ 15 crore have been imposed on Reliance Industries Ltd (RIL) and Mukesh Ambani, respectively. Regulator SEBI on Friday imposed sanctions on Reliance Industries Ltd, its president and CEO Mukesh Ambani, as well as two other entities for alleged manipulative trading of the shares …
Read More »RPL case: Sebi fines Reliance Industries, Mukesh Ambani and two other entities
On March 24, 2017, Sebi ordered RIL and some other entities to return more than Rs 447 million in the RPL case. In November 2020, the Securities Appeal Court (SAT) dismissed the company’s appeal against the order. Regulator Sebi on Friday imposed sanctions on Reliance Industries Ltd, its president and …
Read More »Asia Richest Man: Zhong Shanshan Beats Mukesh Ambani to Become the Richest Person in Asia | International business news
NEW DELHI: Zhong Shanshan he is a private billionaire who is rarely quoted in the press. Now, after an unlikely career spanning journalism, mushroom farming and healthcare, he has become the richest person in Asia, dwarfing that of India. Mukesh Ambani and a group of Chinese tech titans, including Jack …
Read More »China’s bottled water king Zhong Shanshan dethrons Mukesh Ambani as Asia’s richest person
Zhong Shanshan’s net worth has risen $ 70.9 billion this year to $ 77.8 billion Zhong Shanshan is a private billionaire who is rarely quoted in the press. Now, after an unlikely career spanning journalism, mushroom farming and healthcare, he has become the richest person in Asia, outshining India’s Mukesh …
Read More »Mukesh Ambani sold a dream for $ 27 billion. Now you have to deliver
Mukesh Ambani spent much of 2020 convincing Facebook Inc., Google, and a handful of Wall Street heavyweights to buy into his vision for one of the world’s most ambitious corporate transformations. Now filled with $ 27 billion in fresh capital, Asia’s richest man is under pressure to deliver. The 63-year-old …
Read More »Mukesh Ambani sold a tech dream for $ 27 billion. Now you have to deliver
Now filled with $ 27 billion in fresh capital, Asia’s richest man is under pressure to deliver. The 63-year-old Indian mogul is focused on a handful of priorities as he tries to turn Reliance Industries Ltd. from an old economy conglomerate into a tech and e-commerce titan, according to recent …
Read More »Punjab CM Appeal Fails to Stop Damage to Telecom Towers; 150 more damaged, Telecom News, ET Telecom
Chandigarh: Punjab Chief Minister Amarinder Singh’s appeal to protesting farmers not to damage telecom infrastructure appears to have failed to deter further attacks, with more than 150 signaling sites being vandalized overnight sources said Sunday. While companies owned by billionaires Mukesh Ambani and Gautam Adani do not purchase food grains …
Read More »RIL President Mukesh Ambani, off the list of the 10 richest billionaires in the world; see full list here
So far this year, Mukesh Ambani’s Reliance Industries has completed the sale of approximately 10 percent stake in its Reliance Retail Ventures Ltd retail unit. Reliance Industries Ltd (RIL) Chairman Mukesh Ambani is no longer among the 10 richest billionaires in the world. According to the Bloomberg Billionaires Index, Mukesh …
Read More »Delhi High Court refuses to stop Amazon from writing to legal authorities
The Delhi High Court rejected Future Retail Ltd.’s request that Amazon.com Inc. should be prevented from writing to legal authorities. Statutory authorities and regulators must decide in accordance with the law, the higher court said. Future Retail, led by Kishore Biyani, had approached the court to direct the US online …
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