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Mukesh Ambani

  • Indian companies scramble to find women directors Friday, 27 Mar 2015 | 7:21 AM ET

    India's market regulator, the Securities and Exchange Board of India, has set a final deadline of April 1 for all of the country's listed companies to name at least one female director. Mukesh Ambani, the second richest Indian who heads the petrochemicals to telecoms conglomerate Reliance Industries Ltd., appointed his wife Nita Ambani to the company's board.

  • GANDHINAGAR, India, Jan 11- Indian Prime Minister Narendra Modi promised on Sunday to pursue predictable policies and ensure stable taxes, in a speech that sought to address key concerns for foreign investors in Asia's third-largest economy. President Barack Obama visits India later this month. Along with speakers from Japan, Canada and Singapore, Kerry...

  • GANDHINAGAR, India, Jan 11- Global statesmen and business titans descended on Indian Prime Minister Narendra Modi's home state on Sunday to pay homage to the man they count on to unleash big-bang reforms and create one of the few bright spots in a troubled world economy. Big business cheered Modi when he won India's strongest election mandate in 30 years last May,...

  • MUMBAI, Oct 13- Reliance Industries Ltd, a conglomerate that operates the world's biggest refinery, reported a rise in profits that beat forecasts, helped by stronger refining margins, and said it would invest up to $9 billion in the next two quarters. The company, controlled by India's richest man, Mukesh Ambani, has been expanding beyond its core refining and...

  • India's Reliance plans $13B in energy projects Saturday, 30 Aug 2014 | 1:17 AM ET

    India's Reliance Industries plans to invest about $13 billion in energy projects, including a 400,000 barrels per day crude refinery.

  • Does India Have Too Many Billionaires? Tuesday, 30 Oct 2012 | 1:01 PM ET
    Does India Have Too Many Billionaires?

    New data reveal a staggering increase in billionaires’ wealth as a percentage of national income in India to a whopping 22 percent in 2008.

  • NEW DELHI/ MUMBAI, Oct 29- India's new oil minister has promised to speed decision making in an effort to attract foreign investment, and will push domestic oil companies to aggressively bid for foreign oil and gas assets to meet growing energy demand.

  • NEW DELHI/ MUMBAI, Oct 29- India's new oil minister has promised to speed decision making in an effort to attract foreign investment, and will push domestic oil companies to aggressively bid for foreign oil and gas assets to meet growing energy demand.

  • Profits slide 5.7 percent at India's Reliance Monday, 15 Oct 2012 | 8:55 AM ET

    MUMBAI, India-- India's Reliance Industries on Monday reported a 5.7 percent slide in September quarter profits from a year ago, as the company scales back investment in India's largest oil and gas fields.

  • Gautam Singhania, Chairman and Managing Director (CMD) of Raymond Ltd sitting in his Challenger 604 Aeroplane in Mumbai, Maharashtra, India (Bhaskar Paul | The India Today Group | Getty Images)

    A record harvest of wealth in India - more than 50 billionaires in the Forbes 2011 World Rich list and hundreds of multi-millionaires - is fueling an insatiable appetite for luxury goods from villas and fast cars to the ultimate symbol of status and power - a private jet.