India orders Samsung, its executives to pay $601 million in back taxes and penalties for telecom imports: Report – The Times of India

The tax demand constitutes a significant portion of Samsung's net profit in India, which stood at $955 million last year. (AFP Photo) India's tax authorities have demanded Samsung and its…

Continue ReadingIndia orders Samsung, its executives to pay $601 million in back taxes and penalties for telecom imports: Report – The Times of India

Reliance acquires Karkinos Healthcare for Rs 375 crore – Times of India

NEW DELHI: Billionaire Mukesh Ambani's Reliance Industries has acquired technology-driven and oncology-focused healthcare platform Karkinos for Rs 375 crore, the firm said on Saturday. Reliance Strategic Business Ventures (RSBVL), a…

Continue ReadingReliance acquires Karkinos Healthcare for Rs 375 crore – Times of India

India’s richest men, Mukesh Ambani & Gautam Adani, drop out of elite $100 billion net worth club: Report – Times of India

Currently, both Mukesh Ambani and his contemporary Gautam Adani, are confronting various challenges. India’s richest men, Mukesh Ambani and Gautam Adani, have seen their net worth drop below the $100…

Continue ReadingIndia’s richest men, Mukesh Ambani & Gautam Adani, drop out of elite $100 billion net worth club: Report – Times of India

Reliance signs 10-yr deal with Russia’s Rosneft for $12-13bn a year oil import – Times of India

NEW DELHI: Mukesh Ambani's Reliance Industries Ltd has signed a deal to import crude oil worth $12-13 billion a year from Russia's Rosneft for 10 years, sources said. Russian state…

Continue ReadingReliance signs 10-yr deal with Russia’s Rosneft for $12-13bn a year oil import – Times of India

Top 10 biggest wealth creating stocks: Reliance Industries tops list; Adani Green emerges as fastest wealth creator, says MOFSL report – Times of India

The ranking methodology by Motilal Oswal involves listing the top 100 companies in descending sequence based on absolute wealth created. (AI image) Mukesh Ambani-led Reliance Industries has emerged as the…

Continue ReadingTop 10 biggest wealth creating stocks: Reliance Industries tops list; Adani Green emerges as fastest wealth creator, says MOFSL report – Times of India

Mukesh Ambani’s Reliance Jio IPO set to debut on stock market in 2025; may be biggest ever IPO in India: Report – Times of India

Reliance intends to proceed with the Jio IPO in 2025, following the company's achievement of becoming India's leading telecom provider. Reliance Jio IPO: Mukesh Ambani, the Indian billionaire, is planning…

Continue ReadingMukesh Ambani’s Reliance Jio IPO set to debut on stock market in 2025; may be biggest ever IPO in India: Report – Times of India