Mukesh Ambani

February 14, 2025 3:02 PM

Bollywood music labels seek to challenge OpenAI in India copyright lawsuit

A group of India's top Bollywood music labels, from T-Series to Saregama and Sony, is seeking to join a copyright lawsuit against OpenAI in New Delhi, highlighting worries about improper use of recordings to train AI models, legal documents show. Microsoft-backed OpenAI's legal challenges are mounting globally and in India, its second biggest market by users. But the company says it follows fair-use principles in employing publicly available data to build its AI models. On Thursday, the Indian...

January 27, 2025 4:13 PM

OpenAI to face Indian news firms of Ambani, Adani in copyright battle, documents show

Digital news units of billionaires Gautam Adani and Mukesh Ambani, and other outlets including the Indian Express and the Hindustan Times, are joining proceedings against OpenAI for improperly using copyright content, legal papers show. Courts globally are hearing claims by authors, news organisations and musicians who accuse technology firms of using their copyrighted work to train AI services without permission or payment. The media outlets, including Adani's NDTV and Ambani's Network18, hav...

November 4, 2024 5:07 PM

Reliance Jio IPO expected to launch in Indian stock market by 2025: report

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, is reportedly aiming to list the group's telecom business, Jio, in the Indian stock market next year. According to a report by Reuters, which cites two informed sources, Jio is currently valued by analysts at over USD 100 billion. The report indicates that while the IPO for Reliance Jio is in the pipeline, the launch of the retail unit's IPO is anticipated to occur "much later." Ambani has not updated the IPO timelines since ...

August 29, 2024 10:41 PM

Gautam Adani tops Hurun India Rich List with Rs 11.6 lakh crore, Mukesh Ambani follows

The Hurun India Rich List 2024, released on Tuesday, highlights notable shifts in the wealth rankings of India's top business magnates, with Gautam Adani and Mukesh Ambani leading the way. Gautam Adani, founder of the Adani Group, secured the top spot on this year’s list, surpassing Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited (RIL). Adani's wealth surged to approximately Rs 11.6 lakh crore, marking a 95% increase from the previous year. Meanwhile, Ambani and h...