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Reliance Industries gets CCI nod to acquire Hathway, DEN

Wednesday, January 23, 2019, 8:01 AM

Mukesh Ambani-owned Reliance Industries has received a go ahead from the CCI to acquire majority stakes in two of India's largest cable operators DEN Networks and Hathway Cable & Datacom. RIL informed stock exchanges that it has received approval from the CCI on January 21 for the acquisition. RIL will acquire 66% in DEN and 51.3% in Hathway for a total consideration of Rs.5,230Cr.
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Mukesh Ambani lists 4 Cs for schools to nurture leadership in students

Thursday, December 20, 2018, 12:24 PM

Stressing upon the need to embrace an education system that is continuous and not time-bound, RIL Chairman Mukesh Ambani said it is "possible and necessary" to reorient education for the new kinds of productive and creative opportunities. "Within a single generation, we can empower and enrich our vast and young human resources to give India a competitive edge in the world," he added.
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What Mukesh Ambani said about Reliance Jio at India Mobile Congress

Thursday, October 25, 2018, 7:25 PM

Having disrupted the mobile telephony market in India with Reliance Jio, Reliance Industries Ltd chairman Mukesh Ambani today said India can be transformed when people get artificial intelligence at just Rs 100 per month. By 2020, every phone in India will be a 4G-enabled phone and every customer will have access to 4G connectivity, he said at a session of the India Mobile Congress.

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