#Mukesh Ambani

Reliance Jio to offer 5G services in India by October, invests $25bn

Reliance Jio to offer 5G services in India, announces $25bn investment

The 5G services will be rolled out in the four metro cities of Delhi, Mumbai, Kolkata and Chennai by October

Asia’s richest men prep for battle as Adani enters Ambani’s turf

Asia’s richest men prep for battle as Adani enters Ambani’s turf

Gautam Adani had overtaken Mukesh Ambani as Asia’s richest man a few months earlier

Mukesh Ambani resigns, son Akash Ambani succeeds as chairman

Mukesh Ambani resigns, son Akash Ambani succeeds as chairman

Mukesh will continue to be the chairman of Jio Platforms Ltd, the flagship company that owns all Jio digital services brands

Abu Dhabi’s ADIA to invest $750m in Mukesh Ambani’s retail unit

Reliance Retail runs supermarkets, India’s largest consumer electronics chain, a cash-and-carry wholesaler, fast-fashion outlets and an online grocery store called JioMart

Aramco still aims for $15bn investment in India’s Reliance

A deal with Reliance would help the world’s biggest crude exporter join the ranks of the top oil refiners and chemical makers

Coronavirus pandemic drags global M&A to lowest level since 2012

Little more than $1 trillion of deals have been announced this year, making for the slowest first half since 2012

Mubadala

Ambani’s Jio platforms sells $1.2bn stake to Mubadala

Facebook invested $5.7bn in Jio in April for a roughly 10 per cent stake

India’s Reliance, Saudi Aramco accelerate refinery stake sale talks

In August, Reliance valued its oil-to-chemicals division at $75bn including debt, implying a $15bn valuation for a 20 per cent stake