Latest news with #MukeshAmbani-run
Mint
3 days ago
- Business
- Mint
Anant Ambani to get THIS amount as salary as Executive Director of Reliance — Check details
Mukesh Ambani-run oil marketing major Reliance Industries appointed Anant Ambani as one of the company's Full-Time directors. As a board member, Anant Ambani will be paid ₹ 10 crore to ₹ 20 crore, according to an exchange filing on Sunday, 29 June 2025. The filing data shows that Ambani's annual salary will comprise the main salary component, along with perquisites and allowances. The company also highlighted that the annual increments will be determined by the HRNR Committee at Reliance. 'Salary, Perquisites and Allowances shall be in the range of ₹ 10 crore to ₹ 20 crore per annum. Annual increments shall be as determined by the HRNR Committee,' said Reliance in its BSE filing. The perquisites and allowances will include accommodation cost or house rent allowance, gas, electricity, water, among other provisions as per the Income Tax Act of 1961. Reliance's contribution to Anant Ambani's provident fund, superannuation or annuity fund, gratuity payable and encashment of leave will be carried out as per the rules of the firm. However, these extra benefits will be provided in addition to Anant Ambani's salary of ₹ 10-20 crore. On top of the take-home salary, Anant Ambani will also receive an extra payment based on the net profits of the company. The company will also grant reimbursements on expenses incurred by Anant Ambani, his wife and attendant's travelling, boarding and lodging, according to the company's disclosure. According to the official filing data, the board of directors held their meeting on 15 April 2025, and approved the appointment of Anant Ambani a the Whole-time Director, designated as an Executive Director for the next five years effective 1 May 2025. His salary component also comes along with security and medical reimbursement as per Reliance's policy for senior managerial executives. Anant Ambani has been appointed as the Whole-Time director at Reliance along with his Executive Director position for the next five years, effective 1 May 2025. 'The Board of Directors of the Company, at its meeting held on 25 April 2025, subject to the approval of members, appointed Shri Anant M. Ambani (DIN: 07945702) as a Whole-time Director, designated as an Executive Director, for a period of 5 (five) years, with effect from 1 May 2025,' said the company in the exchange filing.
The Print
08-05-2025
- Business
- The Print
Reliance withdraws Operation Sindoor trademark application, says it was filed inadvertently
'Jio Studios, a unit of Reliance Industries, has withdrawn its trademark application, which was filed inadvertently by a junior person without authorisation,' it said. In a statement, Reliance said it has no intention of 'trademarking Operation Sindoor, a phrase which is now a part of the national consciousness as an evocative symbol of Indian bravery'. New Delhi, May 8 (PTI) Reliance Industries Ltd has withdrawn its trademark application for the term 'Operation Sindoor' – the codename for India's military strikes in Pakistan – stating that it was inadvertently filed by a junior employee without authorisation. Earlier, four applications, including one by Reliance, were filed with the Office of the Controller General of Patents, Designs & Trade Marks on Wednesday, seeking to use the phrase for entertainment-related services like audio and video content. All four applicants filed between 10.42 am and 6.27 pm on May 7 for registration under Class 41 of the Nice Classification, which includes education and training services, film and media production, live performances and events, digital content delivery and publishing, and cultural and sporting activities. This category is often used by OTT platforms, production houses, broadcasters, and event companies, suggesting that 'Operation Sindoor' could have become a film title, web series or documentary brand. Reliance filed the application for entertainment, publishing, and language training, according to the scope of application claimed by the applicants shown on the Controller General of Patents, Designs and Trade Marks. The Mukesh Ambani-run firm was the first to apply for a patent on Wednesday and was followed by three more – a Mumbai resident, a retired Indian Air Force officer and a Delhi-based lawyer. 'Reliance Industries and all its stakeholders are incredibly proud of Operation Sindoor, which came about in response to a Pakistan-sponsored terrorist attack in Pahalgam,' the statement said. 'Operation Sindoor is the proud achievement of our brave Armed Forces in India's uncompromising fight against the evil of terrorism.' Reliance, it said, stands fully in support of the government and Armed Forces in this fight against terrorism. 'Our commitment to the motto of 'India First' remains unwavering.' PTI ANZ ANZ BAL BAL This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
India.com
08-05-2025
- Business
- India.com
Mukesh Ambani's Reliance withdraws Operation Sindoor trademark application, says it was filed…
Reliance Industries Ltd has officially withdrawn its trademark application for the term 'Operation Sindoor,' which was the codename for India's military strikes in Pakistan. The company clarified that the application was mistakenly filed by a junior employee without proper authorization. In a statement, Reliance stated that it has no intention of trademarking 'Operation Sindoor,' a phrase which is a powerful symbol of Indian bravery and a part of the national consciousness. 'Jio Studios, a unit of Reliance Industries, has withdrawn its trademark application, which was filed inadvertently by a junior person without authorisation,' it said. Earlier, four applications, including one by Reliance, were filed with the Office of the Controller General of Patents, Designs & Trade Marks on Wednesday, seeking to use the phrase for entertainment-related services like audio and video content. All four applicants filed between 10.42 am and 6.27 pm on May 7 for registration under Class 41 of the Nice Classification, which includes education and training services, film and media production, live performances and events, digital content delivery and publishing, and cultural and sporting activities. This category is often used by OTT platforms, production houses, broadcasters, and event companies, suggesting that 'Operation Sindoor' could have become a film title, web series or documentary brand. Reliance filed the application for entertainment, publishing, and language training, according to the scope of application claimed by the applicants shown on the Controller General of Patents, Designs and Trade Marks. The Mukesh Ambani-run firm was the first to apply for a patent on Wednesday and was followed by three more – a Mumbai resident, a retired Indian Air Force officer and a Delhi-based lawyer. 'Reliance Industries and all its stakeholders are incredibly proud of Operation Sindoor, which came about in response to a Pakistan-sponsored terrorist attack in Pahalgam,' the statement said. 'Operation Sindoor is the proud achievement of our brave Armed Forces in India's uncompromising fight against the evil of terrorism.' Reliance, it said, stands fully in support of the government and Armed Forces in this fight against terrorism. 'Our commitment to the motto of 'India First' remains unwavering.' (With Inputs From PTI)
The Hindu
08-05-2025
- Business
- The Hindu
Reliance withdraws ‘Operation Sindoor' trademark application
Reliance Industries has withdrawn its trademark application for the term 'Operation Sindoor' — the codename for India's military strikes in Pakistan — stating that it was inadvertently filed by a junior employee without authorisation. In a statement issued on Thursday (May 8, 2025), Reliance said it has no intention of "trademarking Operation Sindoor, a phrase which is now a part of the national consciousness as an evocative symbol of Indian bravery". "Jio Studios, a unit of Reliance Industries, has withdrawn its trademark application, which was filed inadvertently by a junior person without authorisation," it said. Four applications Earlier, four applications, including one by Reliance, were filed with the Office of the Controller General of Patents, Designs and Trade Marks on Wednesday, seeking to use the phrase for entertainment-related services like audio and video content. All four applicants filed between 10.42 am and 6.27 pm on May 7 for registration under Class 41 of the Nice Classification, which includes education and training services, film and media production, live performances and events, digital content delivery and publishing, and cultural and sporting activities. This category is often used by OTT platforms, production houses, broadcasters, and event companies, suggesting that 'Operation Sindoor' could have become a film title, web series or documentary brand. Reliance filed the application for entertainment, publishing, and language training, according to the scope of application claimed by the applicants shown on the Controller General of Patents, Designs and Trade Marks. The Mukesh Ambani-run firm was the first to apply for a patent on Wednesday and was followed by three more — a Mumbai resident, a retired Indian Air Force officer and a Delhi-based lawyer. "Reliance Industries and all its stakeholders are incredibly proud of Operation Sindoor, which came about in response to a Pakistan-sponsored terrorist attack in Pahalgam," the statement said. "Operation Sindoor is the proud achievement of our brave Armed Forces in India's uncompromising fight against the evil of terrorism." Reliance, it said, stands fully in support of the government and Armed Forces in this fight against terrorism. "Our commitment to the motto of 'India First' remains unwavering."
