During Reliance Family Day, Chairman Mukesh Ambani highlighted the unprecedented opportunity for Reliance Industries Ltd (RIL) as India aims to become the world’s third-largest economy. Ambani expressed the company’s ambition to be among the top 10 global business conglomerates. Continue Reading
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
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
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
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
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
The mysterious buyer of a $80 million beachfront mansion in Dubai, the largest residential real estate transaction in the city, is Reliance Industries Ltd. owned by Mukesh Ambani. Anant, the youngest son of Ambani, was the buyer of the Palm Jumeirah home earlier this year, according to one of the persons who asked to remain anonymous […]Continue Reading
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
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
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