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EXPLAINED: 3 - The Real Truth

After Cutting 8,000 Jobs, Meta Builds First AI Data Centre In India With Ambani's Reliance

Meta's partnership with Reliance Industries is transforming India's AI scene with a 168 MW data centre in Jamnagar. Discover Meta's $145B AI investment and its global impact.

International Business Times UK

Don Jr. deal got WH off his back

An obscure Texas firm secretly connected to the president’s son said it received at least $100 million from Ambani

Salon

SpaceX’s IPO success may rub off on Ambani

Investor interest in major tech offerings remains strong. Mukesh Ambani's Jio Platforms is preparing for a significant IPO in India. However, historical data indicates that large IPOs can signal market peaks. Concerns exist about liquidity draining from secondary markets. This could impact the success of upcoming Indian listings. Careful consideration…

The Economic Times

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Meta partners with Reliance to set up its first data centre in India

Meta Platforms is significantly boosting its India investments with a new 168 MW data center in Jamnagar, Gujarat, in partnership with Reliance Industries. This facility will support Meta's global AI infrastructure and is powered by renewable energy. Additionally, Meta has expanded its renewable energy collaboration with Clean Max to over…

The Economic Times

Who Is Anant Ambani? Reliance Heir Behind $100M Trump-Linked Texas Refinery Deal

Anant Ambani, Reliance Industries' executive director, is linked to a $100M investment in a Texas refinery involving Trump Jr., raising questions about business and political ties during Trump's second term.

International Business Times UK

Gautam Adani becomes Asia's richest person again; overtakes Mukesh Ambani, Softbank's Masayoshi Son

Gautam Adani has regained the title of Asia’s richest person after a rally in Adani Group stocks lifted his net worth to $89.2 billion. The surge helped him overtake Mukesh Ambani and SoftBank’s Masayoshi Son, with key Adani stocks gaining strongly and extending their sharp 2026 rally.

The Economic Times

Can Elon Musk do to US telecom what Mukesh Ambani did in India?

Elon Musk's Starlink is poised to disrupt American telecom giants like AT&T and Verizon. Analysts believe Starlink could change how connectivity is delivered and who controls it. SpaceX's satellite internet service is evolving into a mainstream platform. This shift could accelerate declines in subscriber growth and revenue for traditional operators.

The Economic Times

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TikTok Billionaire Zhang Yiming's Net Worth Soars Past Mukesh Ambani's — See Who Still Leads Asia

Zhang Yiming, co-founder of TikTok's parent ByteDance, becomes Asia's second-richest after a valuation boost to £69.1B. See how AI and strategic investments reshaped wealth rankings.

International Business Times UK

Reliance Industries dividend alert! Last date to buy shares of Mukesh Ambani-led company for Rs 6 final dividend

Reliance Industries has set June 5 as the record date for its final dividend of Rs 6 per share for FY26, making June 4 the last day to buy shares for eligibility. The company's stock has seen a decline in the short term, with a 17% drop year-to-date in 2026.

The Economic Times

TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest person

Zhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index. The ByteDance cofounder’s fortune swelled more than sevenfold since Bloomberg started tracking his wealth in March 2019, when he was worth $13 billion.

The Economic Times

Reliance operationalises clean energy giga complex; elevates national exchequer contribution to Rs 2,16,472 crore in FY26

Reliance Industries has launched its clean energy operations. The company commissioned solar module manufacturing and began advanced work on a battery storage giga-factory. Reliance also significantly increased its contributions to the national exchequer. Jio Platforms accelerated its research and development, filing numerous new patents. The company is focused on enabling…

The Economic Times

Reliance Jio IPO soon? Mukesh Ambani to provide update on $4 bn public issue at upcoming AGM, says report

Mukesh Ambani is expected to share an update on Jio Platforms’ anticipated IPO at Reliance Industries’ June 19 AGM. Reports suggest Reliance is shifting towards a fresh issue structure to protect retail investors and strengthen Jio’s long-term growth and transparency roadmap.

The Economic Times

Mukesh Ambani-led Reliance Industries' contribution to national exchequer rises to Rs 2.16 lakh crore

Reliance Industries’ contribution to the national exchequer rose nearly 3% to Rs 2.16 lakh crore in FY26. The company said government payments formed the largest share of value created, while revenue, EBITDA and annual profit recorded strong year-on-year growth.

The Economic Times

Mukesh Ambani draws zero salary again: India's richest man forgoes paycheck for 6th straight year

Reliance Industries Chairman Mukesh Ambani did not take any salary in FY26, continuing a six-year trend. Reliance reported strong annual revenue growth despite profit decline in Q4, while Ambani’s children and senior executives received commissions and remuneration.

The Economic Times

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The Economic Times

Mukesh Ambani forgoes salary for sixth straight year as Reliance clocks record profit

Reliance Industries achieved significant overseas financing milestones in FY26, securing the largest Samurai loan by an Indian company. Chairman Mukesh Ambani voluntarily continued to forgo his salary for the sixth year. The company posted record profits, demonstrating strong financial performance and robust growth.

The Economic Times

RIL announces AGM date on June 19; updates on Jio IPO in focus

Reliance Industries Ltd will hold its 49th annual general meeting on June 19, 2026. The company reported strong revenue and growth in its consumer businesses for the fiscal year. Investors anticipate updates on Reliance Jio IPO and new energy ventures. The meeting will cover the company's future investment plans and…

International Business Times UK

From Inventing SKY to Reaching 8.5 Million Meditators at the UN: Sri Sri Ravi Shankar Turns 70

Gurudev Sri Sri Ravi Shankar's 70th birthday and the 45th anniversary of the Art of Living Foundation were celebrated with global events, highlighting his contributions to peace and well-being.

The Economic Times

Mukesh Ambani’s $4 billion Jio IPO hits Iran war roadblock

Reliance Industries' planned IPO for its digital arm, Jio Platforms, faces significant hurdles due to geopolitical tensions and market volatility exacerbated by the war in Iran. The conglomerate is reviewing the deal's structure, impacting timelines and potentially affecting investor returns amid a downturn in Indian stocks and capital flight.

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The Economic Times

Ambani's Reliance Jio: Businesses and investors of the IPO-bound firm

Reliance Jio Platforms, owned by billionaire Mukesh Ambani, is preparing to seek approvals for a Mumbai IPO that could become India’s biggest stock market listing. Reuters reported the offering may raise up to $4 billion, though timelines were delayed due to weaker IPO sentiment after tensions in West Asia.

International Business Times

Indian Billionaire Wants To Save Colombia's 'Cocaine' Hippos Tied To Pablo Escobar

An Indian billionaire says he will take 80 hippos which descend from animals brought to Colombia by infamous drug lord Pablo Escobar.

The Independent UK

How Escobar’s ‘cocaine hippos’ could be saved from culling

IN FULL

The Independent UK

Son of Asian billionaire offers to save Pablo Escobar’s ‘cocaine hippos’ from culling

As many as 80 of these hippos have been approved for culling by Colombia

The Guardian - UK

Indian billionaire’s son offers to house Pablo Escobar’s hippos at his private zoo

Anant Ambani revives offer to transport 80 animals, all descendants of Colombian drug kingpin’s pets, to India

Whats Hot

Anant Ambani Celebrates 31st Birthday with Launch of Vantara University in Jamnagar

The Ambani family, known for hosting large-scale celebrations, recently marked a significant occasion as Anant Ambani celebrated his 31st birthday in Jamnagar. The event went beyond a personal milestone, doubling up as the launch ceremony for Vantara University—an extension of his wildlife conservation initiative, Vantara.

Newslaundry

Babe, wake up: India’s ‘Rescue Prince’ has a birthday campaign

Babe, wake up. India’s “rescue prince” is celebrating his birthday. Forget everything – the wars, LPG shortages, migrant distress. Because April 10 marks the birthday of billionaire Anant Ambani, and the country seems to have collectively decided its biggest breaking story is… him.

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