Mukesh Ambani's Big Revamp Of TV Business Before Potential Stake Sale
Business | PR Sanjai, Bloomberg | Tuesday February 18, 2020
Reliance Industries' holding in Network18 will be cut to about 64 per cent from 75 per cent as a result of the recast, the Mumbai-based company said in the statement.
Winners And Losers Of Nirmala Sitharaman's Budget 2020
India News | Archana Chaudhary and PR Sanjai, Bloomberg | Sunday February 2, 2020
There's a lot riding on Prime Minister Narendra Modi's budget this fiscal year. Once the world's fastest-growing economy, India is now trying to restart economic growth that's dipped to an 11-year low.
Adani, Targeted By Greta Thunberg, Undeterred By Protests For Australia
India News | PR Sanjai, Bloomberg | Monday January 13, 2020
The Adani conglomerate coming under increasing pressure over its controversial coal mine in Australia said it won't let protests dissuade it from completing the project. The group, controlled by Indian billionaire Gautam Adani, is responding to an uptick in scrutiny over the Carmichael development, including from high-profile teen activist Greta Th...
Asia's Richest Banker, Top Conglomerate: India Inc's Big Week in Court
Business | Suvashree Ghosh and PR Sanjai, Bloomberg | Wednesday January 8, 2020
The Bombay High Court on Thursday will resume -- after five months -- hearings on Kotak Mahindra Bank Ltd.'s case against the Reserve Bank of India.
Ratan Tata's Action Against Cyrus Mistry "Oppressive", Says Company Court
India News | Upmanyu Trivedi, PR Sanjai, Bloomberg | Wednesday December 18, 2019
An appeals court upheld charges by Cyrus Mistry that he was improperly ousted as chairman of the $110 billion Tata Group, paving the way for his reinstatement and marking a loss for the conglomerate's chairman emeritus Ratan Tata.
Anil Ambani's Bankrupt Reliance Naval Up 600% In Record Winning Streak
Business | Ronojoy Mazumdar and PR Sanjai,Ronojoy Mazumdar and PR Sanjai, Bloomberg | Tuesday November 26, 2019
The revival of the shipyard is crucial for Anil Ambani, who is betting on cash flows from government defense contracts as Prime Minister Narendra Modi plans to spend billions of dollars on national security. Brokers say the stock's parabolic advance is likely driven by speculators, rather than by a change in the company's fortunes.
Rs 45,000-Crore Relief For Vodafone, Airtel As Government Defers Dues
Business | Abhijit Roy Chowdhury and PR Sanjai, Bloomberg | Thursday November 21, 2019
The proposal was recommended by a panel of senior bureaucrats under Prime Minister Narendra Modi to help wireless carriers the government estimates owe more than $20 billion in license fees and spectrum charges. The relief will be worth as much as Rs 45,000 crore ($6.3 billion) and the panel will continue to discuss other measures to help the indus...
Mukesh Ambani Preps India's Alibaba With Rs 1.73-Lakh-Crore Holding Company
Business | PR Sanjai, Bloomberg | Tuesday October 29, 2019
After years of spending billions of dollars on the new businesses, billionaire Mukesh Ambani is cleaning up the parent's balance sheet, with the goal of making it free of net debt in less than two years.
Jio's U-Turn On Free Voice Calls Is Good News For Vodafone, Bharti Airtel
Business | PR Sanjai, Bloomberg | Thursday October 10, 2019
Reliance Jio Infocomm will charge customers 6 paise per minute for calls made to rival networks till such time that the telecom regulator moves to a zero termination-charge regime, the company said after market on Wednesday.
India's Big Problems In Dealing With World's Worst Bad-Loan Mess
Business | Rahul Satija and PR Sanjai, Bloomberg | Monday September 9, 2019
Of the nation's 12 largest delinquent borrowers which the Reserve Bank of India asked lenders to push to bankruptcy in 2017, only six have been resolved so far.
Mukesh Ambani’s Reliance JioFiber Broadband Service Comes With Free TVs
Business | PR Sanjai, Bloomberg | Thursday September 5, 2019
Jio GigaFiber plans: Country's video-on-demand market could grow to $5 billion by 2023 from $500 million last year, according to researcher Boston Consulting Group.
Mukesh Ambani's Jio May Control 45% Of Market By 2022: India Ratings
Business | PR Sanjai, Bloomberg | Friday August 30, 2019
Mukesh Ambani stormed into the industry in 2016 and has bet his carrier can outlast rivals while offering some of the lowest prices for services and handsets.
Why 5G Is The Next Headache For Some Of India's Billionaires
Business | PR Sanjai, Bloomberg | Thursday June 20, 2019
Operators may soon decide how much more pain they can endure for a high-speed wireless network that can offer better user experience.
Chinese Banks Demand $2.1 Billion From Embattled Anil Ambani's Firm
Business | PR Sanjai, Bloomberg | Wednesday June 19, 2019
Anil Ambani's older sibling and Asia's richest man Mukesh Ambani's Reliance Jio Infocomm Ltd. had earlier offered to purchase RCom's assets in a Rs 17,300-crore deal, which would have helped partly pay off lenders
What Anil Ambani Is Looking To Sell Next: Report
Business | Baiju Kalesh and PR Sanjai, Bloomberg | Friday May 31, 2019
Reliance Capital Ltd., controlled by Mr Ambani, is discussing the contours of a deal to sell Mumbai-based Reliance General Insurance.
Mukesh Ambani's Big Revamp Of TV Business Before Potential Stake Sale
Business | PR Sanjai, Bloomberg | Tuesday February 18, 2020
Reliance Industries' holding in Network18 will be cut to about 64 per cent from 75 per cent as a result of the recast, the Mumbai-based company said in the statement.
Winners And Losers Of Nirmala Sitharaman's Budget 2020
India News | Archana Chaudhary and PR Sanjai, Bloomberg | Sunday February 2, 2020
There's a lot riding on Prime Minister Narendra Modi's budget this fiscal year. Once the world's fastest-growing economy, India is now trying to restart economic growth that's dipped to an 11-year low.
Adani, Targeted By Greta Thunberg, Undeterred By Protests For Australia
India News | PR Sanjai, Bloomberg | Monday January 13, 2020
The Adani conglomerate coming under increasing pressure over its controversial coal mine in Australia said it won't let protests dissuade it from completing the project. The group, controlled by Indian billionaire Gautam Adani, is responding to an uptick in scrutiny over the Carmichael development, including from high-profile teen activist Greta Th...
Asia's Richest Banker, Top Conglomerate: India Inc's Big Week in Court
Business | Suvashree Ghosh and PR Sanjai, Bloomberg | Wednesday January 8, 2020
The Bombay High Court on Thursday will resume -- after five months -- hearings on Kotak Mahindra Bank Ltd.'s case against the Reserve Bank of India.
Ratan Tata's Action Against Cyrus Mistry "Oppressive", Says Company Court
India News | Upmanyu Trivedi, PR Sanjai, Bloomberg | Wednesday December 18, 2019
An appeals court upheld charges by Cyrus Mistry that he was improperly ousted as chairman of the $110 billion Tata Group, paving the way for his reinstatement and marking a loss for the conglomerate's chairman emeritus Ratan Tata.
Anil Ambani's Bankrupt Reliance Naval Up 600% In Record Winning Streak
Business | Ronojoy Mazumdar and PR Sanjai,Ronojoy Mazumdar and PR Sanjai, Bloomberg | Tuesday November 26, 2019
The revival of the shipyard is crucial for Anil Ambani, who is betting on cash flows from government defense contracts as Prime Minister Narendra Modi plans to spend billions of dollars on national security. Brokers say the stock's parabolic advance is likely driven by speculators, rather than by a change in the company's fortunes.
Rs 45,000-Crore Relief For Vodafone, Airtel As Government Defers Dues
Business | Abhijit Roy Chowdhury and PR Sanjai, Bloomberg | Thursday November 21, 2019
The proposal was recommended by a panel of senior bureaucrats under Prime Minister Narendra Modi to help wireless carriers the government estimates owe more than $20 billion in license fees and spectrum charges. The relief will be worth as much as Rs 45,000 crore ($6.3 billion) and the panel will continue to discuss other measures to help the indus...
Mukesh Ambani Preps India's Alibaba With Rs 1.73-Lakh-Crore Holding Company
Business | PR Sanjai, Bloomberg | Tuesday October 29, 2019
After years of spending billions of dollars on the new businesses, billionaire Mukesh Ambani is cleaning up the parent's balance sheet, with the goal of making it free of net debt in less than two years.
Jio's U-Turn On Free Voice Calls Is Good News For Vodafone, Bharti Airtel
Business | PR Sanjai, Bloomberg | Thursday October 10, 2019
Reliance Jio Infocomm will charge customers 6 paise per minute for calls made to rival networks till such time that the telecom regulator moves to a zero termination-charge regime, the company said after market on Wednesday.
India's Big Problems In Dealing With World's Worst Bad-Loan Mess
Business | Rahul Satija and PR Sanjai, Bloomberg | Monday September 9, 2019
Of the nation's 12 largest delinquent borrowers which the Reserve Bank of India asked lenders to push to bankruptcy in 2017, only six have been resolved so far.
Mukesh Ambani’s Reliance JioFiber Broadband Service Comes With Free TVs
Business | PR Sanjai, Bloomberg | Thursday September 5, 2019
Jio GigaFiber plans: Country's video-on-demand market could grow to $5 billion by 2023 from $500 million last year, according to researcher Boston Consulting Group.
Mukesh Ambani's Jio May Control 45% Of Market By 2022: India Ratings
Business | PR Sanjai, Bloomberg | Friday August 30, 2019
Mukesh Ambani stormed into the industry in 2016 and has bet his carrier can outlast rivals while offering some of the lowest prices for services and handsets.
Why 5G Is The Next Headache For Some Of India's Billionaires
Business | PR Sanjai, Bloomberg | Thursday June 20, 2019
Operators may soon decide how much more pain they can endure for a high-speed wireless network that can offer better user experience.
Chinese Banks Demand $2.1 Billion From Embattled Anil Ambani's Firm
Business | PR Sanjai, Bloomberg | Wednesday June 19, 2019
Anil Ambani's older sibling and Asia's richest man Mukesh Ambani's Reliance Jio Infocomm Ltd. had earlier offered to purchase RCom's assets in a Rs 17,300-crore deal, which would have helped partly pay off lenders
What Anil Ambani Is Looking To Sell Next: Report
Business | Baiju Kalesh and PR Sanjai, Bloomberg | Friday May 31, 2019
Reliance Capital Ltd., controlled by Mr Ambani, is discussing the contours of a deal to sell Mumbai-based Reliance General Insurance.
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