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Business-India
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Mukesh Ambani, Premji among Time 100 most influential people
Led by India s 'Captain Fantastic' Mahendra Singh Dhoni , five Indians have made it to the Time magazine s 100 most influential people in the world, whose "ideas spark dialogue and dissent and sometimes even revolution." more...
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Reliance Industries posts record Q4 profit, lags estimate
India s largest listed firm Reliance Industries said fiscal fourth-quarter net profit rose 14 percent to its highest ever, but it lagged estimates as flat production from gas blocks and lower-than-expected refining margins weighed on results. more...
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Will partner Mukesh Ambani if there s threat from ITC: Leela
The hospitality chain Leela Group Chairman C P Krishnan Nair, who is set to retire from active management this June, Monday said he will consider partnering Mukesh Ambani if there are hostile takeover threats from rival ITC. more...
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India Inc biggies pay higher adv tax
Several leading corporates have paid more advance tax in the fourth quarter of FY11 as compared to a year ago, indicating their healthy financial performances. more...
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IT czars lead the charity brigade
Well before billionaire philanthropists Bill Gates and Warren Buffet reach out and urge their Indian counterparts to donate generously, IT barons in India and elsewhere are writing big cheques. more...
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Politics-India
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Forbes India: Most expensive homes in India
Mukesh Ambani s vaastu compliant building is 550 feet tall and has about 400,000 square feet of floor space, with residential and guest accommodation, maintenance levels, a ballroom, entertainment stages and theatres, gyms, six parking levels, a garden level, a swimming pool, and that Mumbai necessity, an ice room. more...
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Reliance Industries Q2 net up 27.8%, beats forecast
Reliance Industries Ltd posted a 27.8 percent rise in quarterly net profit, beating estimates, helped by higher gas output from its field off India s east coast. more...
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Mukesh tops Forbes list of India's richest
RIL chairman Mukesh Ambani has topped Forbes magazine's list of the 100 richest Indians for the third year in-a-row, pipping billionaires like LN Mittal and Azim Premji with a net worth of USD 27 billion. more...
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Reliance Retail to enter cash and carry biz
Mukesh Ambani led Reliance Industries Limited s retail arm, Reliance Retail, plans to enter into the cash and carry business by opening at least three outlets in the next six to eight months, a source said. more...
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RIL 2nd among world s largest value creators
Mukesh Ambani led Reliance Industries has been ranked second in the list of world s 10 biggest sustainable value creators companies that have been successful in creating the most shareholder value over the last decade prepared by Boston Consulting Group. more...
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Reliance raises stake in EIH to 14.8 percent
Indian energy major Reliance Industries, controlled by billionaire Mukesh Ambani, has bought an additional 0.68 percent in EIH Ltd, raising its holding to 14.8 percent in the hotel chain. more...
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Politics-India
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Anil Agarwal set to pip Mukesh Ambani as richest Indian
The proposed takeover of Cairn Energy s India business could see NRI billionaire Anil Agarwal emerging as the richest promoter of a corporate house ahead of Mukesh Ambani, who has ruled the list for long. more...
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Tata becomes India s most valued group
Coinciding with the beginning of a search for chairman Ratan Tata s successor, the Tata Group has become the country s wealthiest, with a market value of about Rs 3,71,000 crore higher than that of the business houses led by the two Ambani siblings. more...
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Finance
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PM panel meets to prepare plan for financial inclusion
Leading industrialists and bankers today met at the ICICI Bank headquarters in Mumbai to prepare a road map for financial inclusion. more...
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Indian CEOs at UN for a better planet
Call it an Indian CEOs growing UN tribe. With the United Nations gradually viewing businesses as part of the solution rather than the problem to address issues like climate change and social development. more...
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Business-World
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Reliance Industrial Infrastructure Q1 net profit up 27%
Mukesh Ambani led Reliance Industrial Infrastructure Ltd today reported a nearly 27 jump in net profit to Rs 6.47 crore for the first quarter ended June 30. more...
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Business-USA
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RIL may run for Bombay Dyeing biz
The Wadia Ambani feud of three decades may end in a bittersweet deal. The possible sale of Bombay Dyeing s polyester plant to Mukesh Ambani, scion of the polyester prince who vanquished the Wadias in the battle for a petrochemical empire. more...
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Ambanis revise gas supply deal
Anil Dhirubhai Ambani Group (ADAG) company Reliance Natural Resources Ltd (RNRL) has signed a revised gas supply agreement with brother Mukesh Ambani led Reliance Industries Ltd (RIL), the companies said on Friday. more...
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RIL set to buy 45% in Pioneer arm for $1.3bn
Building up its presence in the promising energy segment, Reliance Industries is set to pick up a significant minority stake of around 45% in a US shale gas venture of Pioneer Natural Resources for $1.35 billion. more...
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Reliance to create an enterprise value of over $80 billion
Reliance Industries will create as much enterprise value in the next 10 years as it has done in the last three decades. more...
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