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Mukesh Ambani aims to turn Reliance into zero net debt firm within 8 months

Billionaire Mukesh Ambani has accelerated the timeframe for wiping out ₹1.61 lakh crore of net debt at his Reliance Industries by bringing in strategic investors in key businesses as well as committing more equity.Ambani, chairman and managing director of Reliance Industries Ltd (RIL), had in August last year set a target of March 2021 to make the oil-to-telecom conglomerate net debt-free. But thanks to a USD 5.7 billion (Rs 43,547 crore) deal with Facebook, a Rs 53,125 crore rights issue and more stake sale to companies such as Saudi Aramco, the target is likely to be achieved by December.In an investor and media call post announcement of the company's fourth-quarter earnings, RIL's Joint Chief Financial Officer Srikanth Venkatachari said, "The zero net debt target will be achieved within




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ICICI Lombard reported a 23.8% rise in net profit at Rs 282 crore for the March quarter

New Delhi, May 2 () ICICI Lombard General Insurance Company on Saturday reported a 23.8 per cent rise in net profit at Rs 282 crore for the March quarter. The non-life insurer had posted a net profit of Rs 228 crore in the corresponding period of 2018-19. The gross direct premium income (GDPI) of the company stood at Rs 3,181 crore in Q4 FY20, compared to Rs 3,485 crore in Q4 FY19, ICICI Lombard said in a regulatory filing. For the full year 2019-20, the profit after tax or net profit increased 13.8 per cent to Rs 1,194 crore from Rs 1,049 crore in the preceding fiscal. GDPI of the company stood at Rs 13,313 crore in FY20 compared to Rs 14,488 crore in FY19, a de-growth of 8.1 per cent, it said. Excluding crop segment, GDPI increased to Rs 13,302 crore during the year compared to Rs




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Nick Giannopoulos takes a dig at George Calombaris on The Project

Funnyman Nick Giannopoulos has taken a dig at George Calombaris as the Masterchef host is embroiled in a bitter neighbour dispute




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Normani shows off her figure in lingerie as she's named Savage X Fenty's first brand ambassador

Former Fifth Harmony member Normani was named the first-ever brand ambassador for Rihanna Savage X Fenty lingerie line. The singer shared a sultry set of red lingerie shots with the news.




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Rihanna's charity pledges $5 million to help at-risk communities and health workers combat COVID-19

The money will help 'work with on-the-ground partners' that include Feeding America, The WHO's COVID-19 Solidarity Response Fund and the International Rescue Committee.




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Yara Shahidi dons double denim as SAG ambassador

She is an ambassador of the upcoming Screen Actors Guild Awards. So Yara Shahidi, 18, posed up a storm at the show's silver carpet rollout at The Shrine Auditorium in Los Angeles this Friday.




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SAG ambassador Yara Shahidi models Fendi jumpsuit on red carpet

She is a Screen Actors Guild Award ambassador this year. And 18-year-old Yara Shahidi modeled a glittering pink jumpsuit with a mesh skirt on the Sunday silver carpet event in Los Angeles.




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Taylor Swift plugs her role as Bombalurina as she shares Cats throwback from first day on set

Promoting her latest project, the much talked about big screen version of Broadway hit Cats, she shared a throwback image on Tuesday.




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Sonia Kruger reveals the real reason behind her embarrassing TV gaffes

She recently had a couple of embarrassing live TV moments on The Voice Australia, so much so fans thought she had been drinking alcohol. 




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Creepy stalker who bombarded Delta Goodrem with hundreds of love poems defends his actions 

James Joseph Lafferty, 47, appeared at Sydney's Downing Centre court on Tuesday with his mother where he pleaded guilty to stalking Australian pop singer Delta Goodrem.




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Rita Ora unveils new emblem aimed at raising money to help combat the coronavirus

The singer, 29, took to her Instagram to unveil new T-shirts and hoodies with a green and red printed logo and text that reads: 'Stop the spread, play your part.'




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Two suicide bombers attack US embassy in Tunisia

The two assailants tried to force their way through the main gate but were blocked by officers guarding the consulate in the Berges du Lac district of Tunis.




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David Walliams makes 'nasty' joke about embattled Love Island host Caroline Flack at the NTAs

David Walliams made a joke about embattled Love Island host Caroline Flack while presenting the National Television Awards at London 's O2 Arena on Tuesday night - and it didn't go down well.




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Devin Nunes talked with Rudy Giuliani and Lev Parnas during scheme to remove Ukraine ambassador

Rep. Devin Nunes was in touch with Rudy Giuliani and his indicted associate Lev Parnas as they schemed to get the U.S. ambassador to Ukraine removed.




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Schiff: Pence must declassify 'embarrassing or incriminating' testimony about Ukraine president call

As an impeachment vote loomed, Schiff demanded Pence's office declassify documents that he claims could show the vice president knee-deep in the Ukraine scandal that has brought Trump to the brink.




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Bombshell messages reveal how Donald Trump ally had ambassador to Ukraine put under surveillance

The House Intelligence panel released documents from Giuliani associate Lev Parnas including messages about the physical location of a U.S. ambassador by a GOP congressional candidate.




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Trump ally says he was drinking when he texted about surveilling US ambassador to Ukraine

Robert Hyde, whose messages feature in a new document release from the House Intel committee, says he was drinking when he sent used WhatsApp to contact Giuliani associate Lev Parnas.




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Mike Pompeo finally orders probe of claims Trump allies surveilled ambassador Marie Yovanovitch

Secretary of State Mike Pompeo said the new information should be evaluated, three days after messages revealed Trump allies talking about the physical location of a U.S. ambassador.




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New messages show mystery man in Belgium fed detailed information on Ukraine ambassador

The House Judiciary released a new tranche of information Friday including contacts between a Trump loyalist and Belgian exchange about the movements of a U.S. ambassador.




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Donald Trump DEFENDS his order to fire Ukraine ambassador Marie Yovanovitch

'I am not a fan of that ambassador,' Trump said in an interview with Fox News defending his actions on Friday. 'She wouldn't put my picture up, she was an Obama appointee I believe.'




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Full video is released showing Donald Trump's order to fire Ukraine ambassador Marie Yovanovitch

The video was made during a fundraiser dinner on April 30, 2018 at the Trump International Hotel in Washington, DC and released on Saturday by an attorney for Lev Parnas,




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US ambassador to Ukraine Marie Yovanovitch retires from the State Department

Marie Yovanovitch, the former U.S. ambassador to Ukraine, has announced her retirement from the State Department on Friday evening. She was a key witness in the impeachment inquiry.




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Former EU ambassador Gordon Sondland gets coronavirus bailout for his hotel chain 

Provenance Hotels, the hotel chain Sondland founded, received a Paycheck Protection Program loan, a spokeswoman said. The chain has more than a dozen properties.




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Blackburn 0-1 Middlesbrough: Assombalonga keeps Boro in promotion race

ALAN BIGGS AT EWOOD PARK: Middlesbrough have strengthened their hold on a Championship play-off spot, climbing above Bristol City into fifth place with victory against Blackburn.




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Blackburn Rovers' Tyler Magloire clocks stunning top speed of 10.6 m/s... faster than Kylian Mbappe

Tyler Magloire's pace not only puts him ahead of Paris Saint-Germain star Mbappe, but it also beats Usain Bolt's average speed when he set the 100m world record in Berlin back in 2009.




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Worrying excessively about the coronavirus can harm both your mental and physical health. Here's how to combat feelings of panic, according to a psychiatrist.

Srini Pillay is a psychiatrist and physician who studies the effects of anxiety on the brain.He says that panic about the coronavirus is natural, but warns that obsession over the outbreak can take a toll on both your mind and body.Continued, extreme levels of worry have been shown to increase the risk for physical illnesses - protecting your psychological health will help protect your bodily health.Pillay says to stay informed without spending your day glued to the news, try to avoid expecting the worst, and acknowledge the positive aspects of your life.Click here for more BI Prime stories.Panic concerning the novel coronavirus is natural - and rational, considering the impact of stocks falling and revenues thinning on social distancing policies.Beyond that, I can confirm that these situations




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Mike Pompeo holds crisis talks with Iraq keaders as mob storms American embassy in Baghdad

The secretary of State talked to Iraq's prime minister and president separately by phone Tuesday on the heels of the American embassy in Baghdad being stormed by an angry mob.




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Iran warned the U.S. via a European embassy of missile attack giving troops THREE HOURS to prepare

Iranians prepared for missile strikes on two Iraqi airbases housing U.S. troops by making sure intelligence could detect the plans via satellites and eavesdropping, officials say.




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Three rockets 'score direct hits on the US embassy in Baghdad'

Three rockets slammed into the US embassy in Iraq's capital on Sunday in the first direct hit reported after months of close calls, as thousands kept up anti-government sit-ins across the country.




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Kris Jenner embarrasses her daughters Khloe and Kendall as she brags about her sex life

The reality star, 64, arrived late to lunch with Khloe Kardashian and Kendall Jenner and proceeded to talk openly about her love life, as seen in a teaser for the next episode of KUWTK.




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Treasury secretary Steve Mnuchin quietly meets RUSSIA'S ambassador while the markets plunge

Treasury Secretary Steve Mnuchin met with Russia's ambassador to the U.S. amid the steep drop in financial markets Monday.




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De Blasio's NY social distance snitch hotline is suspended after being bombarded with prank calls

NYC Mayor Bill De Blasio unveiled the controversial scheme on Saturday, urging New Yorkers to text 311 to report anyone violating the state's social distancing rules or stay-at-home orders




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Donald Trump claims Marie Yovanovitch 'didn't want to hang my picture in the embassy'

Former Ambassador to the Ukraine Marie Yovanovitch on Friday denied Donald Trump's claim that she refused to hang his picture in the U.S. Embassy in Kiev. 




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Nigel Farage ruled out of being UK's next US ambassador

Brexiteer hopes of Nigel Farage becoming the UK's new US ambassador have been dashed after it emerged the government is only accepting applications from existing civil servants.




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Nigel Farage prepares to quit Brussels as he embarks on Brexit victory lap

Nigel Farage today said he will miss being the European Union's 'pantomime villain' as he predicted the UK's departure from the bloc will herald its demise.




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Kim Jong-un's former sushi chef makes lunch for UK ambassador

Reports which emerged in Japan last month claimed that Kenji Fujimoto (pictured), a former chef for Kim Jong-un's father Kim Jong-il, had been arrested on suspicion of a 'past betrayal'.




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Katy Perry in pink polka dot mini dress in Mumbai

She's just released her latest single, Harleys in Hawaii and Katy Perry looked every inch the pop princess at the OnePlus music festival press conference in Mumbai.




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Katy Perry dazzles in a glittering gold and purple jumpsuit as she attends a party in Mumbai

Sporting a vibrant purple off-the-shoulder top, Katy, 35, caught the eye while leaving the celebration later that evening.




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Fury as Katy Perry made ambassador for the British Asian Trust

The Prince of Wales - founder of the organisation - announced the pop star's new role at a black tie reception in London last night. But the appointment has provoked outrage online.




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Phoebe Burgess announced as 2020 Sydney Autumn Racing Carnival ambassador

She's the former NRL WAG who never puts a foot wrong when it comes to fashion.




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Boeing fires mid-level executive over 'embarrassing' emails between employees 

Keith Cooper, the former Vice President of training and professional services at Boeing, was fired on Wednesday over shocking internal messages between employees about the grounded 737 Max.




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Khabib Nurmagomedov's manager rules out grudge rematch against 'scumbag' Conor McGregor 

Khabib Nurmagomedov's manager Ali Abdelaziz has slammed claims of a future rematch with Conor McGregor , saying the only place the fight could take place is in the street.




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Real Madrid 'believe they can sign Mohamed Salah for £126m with Liverpool star cheaper than Mbappe'

The Spanish giants are looking to sell Gareth Bale in the summer and are hoping they can replace the Welsh winger with one of Europe's top forwards as they look to rebuild their side.




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A 'long list' of countries are not doing enough to combat coronavirus, WHO warns

The global march of the new virus triggered a vigorous appeal from the WHO today for governments to pull out 'all the stops' to slow the epidemic.




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A gripping account of the Iranian embassy siege - minute by nerve-shredding minute 

Forty years on, a gripping account of the Iranian embassy siege - minute by nerve-shredding minute...




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Go on lads, get in there! How the SAS launched the embassy raid that stunned the world

JONATHAN MAYO: The mood in the embassy suddenly changes. Salim has found a felt-tip pen and is writing 'Death to Khomeini' on the wall outside Room 9.




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Gambling addict mother says she's being 'bombarded' with online ads during lock-down

Recovering gambling addict Kelly Field, 36, from Merseyside, who spent £500 a day at her lowest point, told the BBC she feels she's being 'bombarded' with online ads for betting sites.




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Erling Haaland outshines Kylian Mbappe and Neymar - things we learned in the Champions League

The Champions League returned with a bang this week as Borussia Dortmund, Atletico Madrid and RB Leipzig took huge steps towards three big upsets.




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Prince William's Irish Guards regiment faces embarrassment

Ben Baker, a wealthy American, forged such close links with the Irish Guards that an annual trophy awarded to cadets was named in his honour.




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Richard Wilkins makes embarrassing gaffe about model Erin McNaught

It's been 10 years since veteran entertainment reporter Richard Wilkins made a most notorious on-air blunder that could have almost ended his career.