Trends - Mukesh Ambani - Business Recorder

Mukesh Ambani

Google, Indian billionaire launch budget smartphone

MUMBAI: Online giant Google and Asia's richest man Mukesh Ambani opened advance orders in India on Monday for an...

Published 02 Nov, 2021 03:50am

Business & Finance

Google, Indian billionaire launch budget smartphone

MUMBAI: Online giant Google and Asia's richest man Mukesh Ambani opened advance orders in India on Monday for an...

Published 01 Nov, 2021 08:37pm

Amazon scores big win as India court stalls Future’s $3.4bn deal

NEW DELHI: India’s top court on Friday handed Amazon.com Inc a major victory in a dispute where it sought to block...

Published 07 Aug, 2021 04:01am

Business & Finance

Bezos vs Ambani: Amazon scores big win as India court stalls Future's $3.4 billion retail deal

Amazon sought to block its partner Future Group from selling $3.4 billion in retail assets to rival Reliance Industries

Published 06 Aug, 2021 01:05pm

Business & Finance

Vodafone Idea shares slump 24% as billionaire Birla exits

Vodafone has bled subscribers in recent years as it struggled to compete with Bharti Airtel and Mukesh Ambani-controlled Reliance Jio

Published 05 Aug, 2021 12:04pm

Technology

Woes deepen at Vodafone’s India unit

MUMBAI: Woes are deepening for Vodafone’s India unit as it seeks more time to pay mobile network fees levied by ...

Published 04 Jul, 2021 03:41am

Markets

Reliance unveils $10bn green energy push

MUMBAI: Indian oil-to-telecom giant Reliance Industries unveiled plans Thursday to invest $10 billion in renewable...

Published 28 Jun, 2021 04:38am

Markets

Indian shares rise as financials outweigh losses in Reliance

Top oil producer Oil and Natural Gas Corp rose 2%

Published 25 Jun, 2021 10:10am

Business & Finance

India's Reliance doubles profit on petchem rebound but misses estimates

The oil-to-telecoms conglomerate, led by billionaire Mukesh Ambani, said on Friday consolidated profit climbed to 132.27 billion rupees ($1.79 billion) in the fourth quarter, from 63.48 billion rupees a year earlier. Analysts on average had expected a profit of 134.91 billion rupees, according to Refinitiv data.
Overall, revenue edged up 11% to 1.55 trillion rupees.

Published 30 Apr, 2021 08:23pm

Business & Finance

In India, Reliance Retail's private labels revolution spooks global consumer goods makers

Products like Snac tac noodles and Yeah! colas are Reliance’s private label brands - and billionaire Ambani’s not-so-secret weapons as he sets his sights on dominating a grocery market that’s already worth a cool $608 billion and set to grow more than 20% by 2024, according to Forrester Research.

Published 22 Mar, 2021 02:41pm

Business & Finance

Reliance Jio splashes out $8bn in Indian airwaves auction

Jio picked up a total of 488.35 megahertz (Mhz) in frequency bands of 800 Mhz, 1800 Mhz and 2300 Mhz, India's telecoms secretary Anshu Prakash told reporters.
The top three Indian wireless carriers - Jio, Bharti Airtel and Vodafone Idea - together bought airwaves worth 778.15 billion rupees ($10.60 billion) at the close of the two-day auction, Prakash said.

Published 02 Mar, 2021 09:10pm

Business & Finance

Amazon to make devices in India for the first time

Amazon is locked in a battle for dominance with Walmart-backed Flipkart and Reliance as well as thousands of local traders who have accused the US firm of driving them out of business.

Published 16 Feb, 2021 06:56pm

Business & Finance

Reliance's unit to sell Marcellus shale assets for $250mn

In 2017 Reliance sold a shale oil and gas block in the Marcellus shale in northeastern and central Pennsylvania for $126 million.

Published 04 Feb, 2021 10:31am

Business & Finance

India Insight: Amazon has plenty to fight for

Unlike Vodafone, which also won its case, the oil and gas explorer can afford to play hardball because it is no longer invested in the country.

Published 01 Feb, 2021 11:55am

World

Xi rewrites China's rags to riches tale

The 66-year-old Zhong is currently ranked the 8th richest man in the world, according to a real-time index from Forbes, ahead of former Google head Larry Page and India's Mukesh Ambani.

Published 15 Jan, 2021 10:48am

Business & Finance

Indian court dismisses Future Group's plea against Amazon.com

In October, Amazon had won an injunction to halt Future's deal with Reliance from a Singapore arbitrator both sides had agreed to use in case of disputes.

Published 21 Dec, 2020 11:05am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 5	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 5 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 5 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 5 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 5 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 5 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 5 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 5 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 5 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 5 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 5 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 5 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 5 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 5 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 5 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 5 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 5 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 5 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 5 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 5 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 5 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 5 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Mukesh Ambani

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