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Mukesh Ambani (right) and Larry Fink MUMBAI: Reliance Industries chairman Mukesh Ambani on Wednesday said that India will be self-sufficient in the energy sector with reasonable investments in the next 20-30 years. “In the next decade, India will not import 80% of its energy,” he said.“We have a path and God- willing, like with technological…
NEW DELHI: Industrialist Anil Ambani on Wednesday gave an undertaking to the Supreme Court through his lawyer that he would not flee India pending court-monitored CBI and ED probes into alleged siphoning of Rs 40,000 crore from loans availed of from banks.With petitioner EAS Sarma’s counsel Prashant Bhushan apprehending that given the spread and size…
Billionaires around the world always have a different story of wealth as business scenarios change with time. There are more than 2600 billionaires globally, out of which over a third of billionaires live in the United States, followed by China ranking at number two globally. The number of billionaires has reportedly accelerated and declined from…
US Ambassador to India Sergio Gor on Sunday concluded his visit to Mumbai, describing it as a “very successful trip.” He said the engagements helped build strong momentum in trade and other key areas of cooperation between India and the United States.In a post on X, Gor said his engagements in Mumbai reflected the breadth…
MUMBAI: Three banks on Monday appealed against interim relief granted to industrialist Anil Ambani last month by a single-judge bench of the Bombay high court. The judge had restrained the lenders from taking action against Ambani’s accounts based on a forensic audit report (FAR) of 2020.The HC, had in Dec, agreed with Ambani’s contention that…
HYDERABAD: A promise of a Rs 2 crore lottery windfall, reinforced by the name of Mukesh Ambani and forged documents bearing the Prime Minister’s photograph, cost a 77-year-old Hyderabad woman nearly everything she had as cyber fraudsters siphoned off Rs 1.8 crore from her bank accounts over nine months.The Barkatpura resident approached Hyderabad cyber crime…
NEW DELHI: In its ongoing money laundering investigation against Anil Ambani‘s Reliance Group entities, ED Thursday said the special task force constituted at its headquarters here has attached more assets, worth over Rs 1,452 crore, including multiple buildings in Dhirubhai Ambani Knowledge City (DAKC) and Millennium Business Park, Navi Mumbai, as well as plots of…
NEW DELHI: Anil Ambani of the Reliance Group has been summoned by the Enforcement Directorate (ED) again on Nov 17 after he missed his date with the agency on Friday and sought permission to appear virtually for questioning with regard to investigation against him in a foreign exchange violation case.His request to appear virtually was…
Anil Ambani is the Reliance Group chairman. Anil Ambani has responded to the Enforcement Directorate‘s summons by requesting to appear via “virtual means” for the Friday meeting. Anil Ambani is the Reliance Group chairman.The 66-year-old business leader’s spokesperson released a statement indicating that Ambani has written to the agency, pledging “full cooperation” in the ongoing…
NEW DELHI: Campaign heat in Bihar intensified this week after Congress leader Rahul Gandhi told a rally that Prime Minister Narendra Modi could “even dance for a vote.” The line was framed as a critique of spectacle-driven politics. But the timing gave it layered political weight.Just days earlier, Tejashwi Yadav had gone viral while dancing…
