Search results
Results from the WOW.Com Content Network
Reliance later entered into financial services, petroleum refining, and power sector. By 2002, Reliance had grown into a U$15 billion conglomerate. After the death of Dhirubhai Ambani on 6 July 2002, Reliance was headed by his two sons. The Reliance ADA Group was formed in 2006 after the two brothers Mukesh Ambani and Anil Ambani, split ...
Anil Dhirubhai Ambani (born 4 June 1959) is an Indian businessman, chairman, and managing director of Reliance Group (a.k.a. Reliance ADA Group). The Reliance Group was created in July 2006 following a demerger from Reliance Industries Limited .
Reliance Communications Limited has paid ₹ 5.5 billion (equivalent to ₹ 6.8 billion or US$79 million in 2023) to Swedish multinational telecom and networking firm Ericsson a day before the Supreme Court’s deadline, the Anil Ambani-led company said in a statement.
Once the world's sixth-richest billionaire, Anil Ambani declared himself a pauper to Chinese banks in 2020.
After the open offer was completed, Reliance Infrastructure held 36.5% equity in Pipavav Shipyard and Anil Ambani was appointed as the chairman. [10] The company was renamed to Reliance Defence and Engineering on 3 March 2016 and again renamed to Reliance Naval and Engineering Limited on 6 September 2017. [11]
It is part of the Reliance Group. The company is headed by its chairman, Anil Ambani, and chief executive officer, Punit Narendra Garg (since 6 April 2019). The corporate headquarters is in Navi Mumbai. [4] Reliance Infrastructure's interests are in the fields of power plants, metro rail, airports, bridges, toll roads, and defence.
Musk's Starlink and global peers like Amazon's Project Kuiper back an administrative allocation, while Ambani - Asia's wealthiest man who runs India's Reliance Jio - is arguing for an auction process.
In 1985, the name of the company was changed from Reliance Textiles Industries Ltd. to Reliance Industries Ltd. [17] During 1985 to 1992, the company expanded its installed capacity for producing polyester yarn by over 145,000 tonnes per annum. [17] The Hazira petrochemical plant was commissioned in 1991–92. [21]