April 26, 2024
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Arvind Fashions Sells Sephora Retail Division To Reliance For ₹ 99 Crore

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Billionaire Mukesh Ambani’s Reliance is set to collaborate with Sephora, a beauty chain owned by LVMH, to manage its stores across India and facilitate the expansion of Sephora in the country’s rapidly growing beauty and cosmetics market. Reliance, India’s largest retailer, launched its beauty retail platform called Tira in April to compete with Nykaa and Continue Reading
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“Mata ji, Pita ji Bigger Than 5G”: Mukesh Ambani To Students

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Mukesh Ambani, the chairman of Reliance Industries, used an original strategy to remind kids of the value and significance of their parents in their life. Last week, Mr. Ambani spoke at the Pandit Deendayal Energy University commencement, telling the graduating students that their parents and families, who supported them, shared in their efforts. “Let me […]Continue Reading
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Gautam Adani’s Plans To Handle His Ballooning Wealth Overseas: Report

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According to those acquainted with the negotiations, Asia’s richest man, Gautam Adani, is considering establishing a family office abroad to manage his soaring wealth. The insiders, who asked to remain anonymous since the topic is private, said that the chairman of the ports-to-power Adani Group conglomerate is considering Dubai or New York as the basis […]Continue Reading
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Since March, Gautam Adani’s Wealth Grew 44 Times Mukesh Ambani’s: Report

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Gautam Adani and Mukesh Ambani were tied for first place on Forbes’ Real-Time Billionaires List at the beginning of the fiscal year. With a net worth of $90.7 billion, Reliance Chairman Mukesh Ambani was marginally wealthier than Adani in March 2022. According to Forbes, Mukesh Ambani’s net worth has increased since then to $92.1 billion. […]Continue Reading
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Mukesh Ambani, Son’s Fiancee Visit Andhra Temple, Donate ₹ 1.5 Crore

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Mukesh Ambani, the chairman of Reliance Industries Ltd (RIL), paid a visit to the Lord Venkateswara temple in Andhra Pradesh’s Tirumala on Friday. Mr. Ambani was accompanied by Radhika Merchant, the fiancée of his son Anant, and Manoj Modi, the director of Reliance Retail Ltd. At Tirumala Tirupati Devasthanams, a separate trust that also oversees […]Continue Reading
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Asia’s wealthiest prepare for battle as Gautam Adani enters Mukesh Ambani turf

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When discussing where to focus the dealmaking lens of his company next in June, billionaire Mukesh Ambani and his advisors encountered an unanticipated problem. According to people familiar with the situation, Ambani’s Reliance Industries Ltd. was considering purchasing a foreign telecommunications giant when word spread that Gautam Adani, who had recently surpassed Continue Reading
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Bill Gates is surpassed by Gautam Adani to become the fourth-richest person in the world

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According to Forbes’ Real-Time Billionaires List, Indian entrepreneur Gautam Adani has passed Microsoft co-founder Bill Gates to become the fourth richest person in the world. On Thursday, the 60-year-old business tycoon outperformed Mr. Gates, whose fortunes stand at $104.6 billion, with a net worth of $115.5 billion. Fellow countryman Mukesh Ambani comes in at Continue Reading
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After son Akash takes over Jio, Mukesh Ambani’s daughter Isha to have a big role

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In yet another indication that her father, Indian billionaire Mukesh Ambani, is moving through with a plan for succession in one of Asia’s wealthiest families, Isha Ambani is scheduled to be made chairman of the Reliance conglomerate’s retail division. According to informed sources who declined to be named before a formal announcement, Isha Ambani’s Continue Reading

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