Akash Ambani

No auction of satellite spectrum: Telecom minister

Ambani also urged the government to expedite the draft of the 2020 data centre policy

The move comes as Viacom18 nears the final phase of its merger with Disney's Star India

Having created businesses ranging from world's largest single-location oil refining complex to nation's largest mobile network operators in just few years, billionaire Mukesh Ambani says his group Reliance Industries Ltd will never be complacent and will grow to be among the top 10 business conglomerates of the world. Addressing employees on Reliance Family Day - the birthday of the group's founder Dhirubhai Ambani, he said Reliance is now aiming to consolidate a place among global leaders in digital data platforms and AI adoption. "Today, the domestic and global environments for business are changing very fast. There is simply no room for complacency," he said. "Reliance was never complacent in the past, and Reliance will never be complacent in future." Reliance, he said, is known for "disrupting the market through constant innovation and reinvention." Starting with a small textile manufacturing unit in Mumbai, Reliance did backward integration -- it ventured into petrochemicals .

Reliance Jio Infocomm chairman Akash Ambani on Wednesday said the country's largest telco is working with Indian Institute of Technology-Bombay to launch a 'Bharat GPT' programme. The company, a unit of Reliance Industries, is also "comprehensively thinking" to launch an operating system for televisions, he said, adding that it has been working on it for a while now. Speaking at the institute's annual Techfest here, the 32-year-old Ambani family scion said building an "ecosystem of development" is very important for the company, and added that work on the vision of "Jio 2.0" is already on. "We have been working on a project with IIT Bombay to launch a Bharat GPT programme," he said, while speaking about the partnership between Jio and the premier tech school, which goes back to 2014. At present, we have just scratched the surface with large language models and generative AI and the next decade will be defined by these applications, he said. Ambani said artificial intelligence will

First giga fiber service brought in partnership with satellite operator SES

In August, Mukesh Ambani began executing a succession plan for his energy-to-technology conglomerate, appointing his three children to the board of Reliance Industries Ltd

Telecom major Reliance Jio has deployed 85 per cent 5G network in India and has the capability to deploy one 5G cell in every 10 seconds, the company's Chairman Akash Ambani said. According to a statement released by broadband speed and quality measurement firm Ookla, the Reliance Jio chairman said that the company has covered the entire country with a 5G network ahead of the promised time frame of December 2023. "I am particularly proud of our speed of the committed True 5G roll-out. Today, we have covered the entire country with a robust True 5G network ahead of our promised time frame of December 2023. 85 per cent of the entire 5G deployment in India is made by Jio. We continue to deploy one 5G cell every 10 seconds," Ambani said. According to the Department of Telecom, over 3.38 lakh base stations for 5G have been deployed across the country. "Over the past seven years, we've set several global benchmarks, propelling India into digital prominence. Today, our ambitions are even

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The 66-year-old elevated his three children as non-executive directors to Reliance's board and said he will spend the next five years of his chairmanship preparing them to take charge

That transition could arrive by 2028. At Reliance Industries Ltd.'s annual general meeting Monday, the 66-year-old announced that his three children would be joining the board

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Ambani's wife, Nita Ambani, is stepping down from Reliance Industries Ltd's board, as it approved the appointments of Isha, Akash, and Anant Ambani as non-executive directors

Akash Ambani, the elder son of billionaire Mukesh Ambani, and his wife Shloka Mehta Ambani on Wednesday welcomed their second child on Wednesday, a baby girl. The couple had their first child Prithvi in December 2020. Dhanraj Nathwani, a friend of the Ambani children and son of family confidant and Rajya Sabha MP Parimal Nathwani, took to Twitter to announce the birth of the girl child. "Heartiest congratulations to Akash and Shloka Ambani on the joyous arrival of their little princess! May this precious blessing bring immense happiness and love to your lives," he tweeted. In November last year, Akash's twin sister Isha and her husband Anand Piramal became parents to twins who were named Krishna and Aadiya. Mukesh Ambani has three children - twins Akash and Isha and younger son Anant. All are now involved with his oil-to-telecom-to-retail conglomerate. While Akash looks after the telecom business, Isha is involved with the retail venture. Anant is looking after the new energy ...

Ambani said that the 5G technology will have a profound impact on India's economy and will make our cities smarter, society safer, and utilities more stable

In a fierce bidding war in IPL 2023 mini player auctions, five-time IPL champions Mumbai Indians signed Australia's all-rounder Cameron Green at a whopping INR 17.5 crores

The club has been put up for sale by its current owner FSG, which bought it in October 2010, The Mirror newspaper said

From Reliance Jio's 5G services launch in Rajasthan to coronavirus cases, catch all the latest developments from across the globe here

Reliance Jio Chairman Akash Ambani will launch 5G services in Rajasthan from the famous Shrinathji temple in Nathdwara, Rajsamand today

Akash Ambani, son of billionaire Mukesh Ambani and head of India's largest telecom firm Jio, has been named in the Time100 Next -- the magazine's list of world's rising stars. He is the only Indian on the list. There is, however, another Indian-born American business leader, Amrapali Gan, also on the list. "The scion of Indian industrialist royalty, Akash Ambani was always expected to rise in business. But he has been putting in hard work," Time said about him. The junior Ambani, 30, was promoted in June to the chairman of Jio, India's largest telecom company, with over 426 million subscribers, after being handed a board seat at just 22. "He's since played a key role landing multibillion-dollar investments from Google and Facebook," it added. The list highlights 100 emerging leaders who are shaping the future of business, entertainment, sports, politics, health, science and activism, Time said. The list features the likes of American singer SZA, actress Sydney Sweeney, basketball