Mobile telecoms operator Reliance Communications Ltd will partner conglomerate Reliance Industries Ltd's telecoms unit to trade and share mobile airwaves and offer high-speed 4G services.
Reliance Industries (RIL) chairman Mukesh Ambani has again topped Forbes India Rich list for the ninth consecutive year with net worth of $18.9 billion.
Ahead of Reliance Industries' much talked telecom launch, its Chairman Mukesh Ambani has asked company executives to reinvent as the group seeks to transform from a B2B organisation to a C2C one.
Reliance Jio Infocomm Ltd, subsidiary of Mukesh Ambani-led Reliance Industries, today showcased its Jionet high speed wi-fi internet service with BWA (Broadband Wireless Access) Spectrum at the Global Investors Meet here.
Narendra Modi assured a group of billionaires, including the richest man in the country, Reliance Industries' Mukesh Ambani, that India could withstand global turbulence, then asked them to open their wallets. Investment guru
PM Narendra Modi's meeting with top industry leaders Mukesh Ambani, Cyrus Mistry, Kumar Mangalam Birla, Sunil Mittal and others will not yield much unless he finds ways to push economic reforms in India.
While the launch of Mukesh Ambani-led Reliance Jio Infocomm will impact the mobile telephony market, it’s the weaker operators that will be under pressure.
Billionaire industrialist and India's richest Mukesh Ambani has not taken a pay hike for seven years, but his salary is over 205-times that of the median employee remuneration at Reliance Industries Ltd".
Reliance Jio Infocomm, which will commercially launch 4G services by December, has the largest footprint of liberalised spectrum in the country, acquired at a cost of Rs 34,000 crore.
Reliance Industries Chairman Mukesh Ambani during company's AGM in Mumbai said that the company will complete Rs 2 lakh crore of projects over the next 12-18 months.
