Tag: Mukesh Ambani
India’s Reliance Industries, Ambani penalized for ‘manipulative trades’
India’s markets watchdog fined Reliance Industries Ltd (RIL) $3.42 million and its chairman Mukesh Ambani $2.05 million for what it said were fraudulent trades...
Asia’s new richest man is a secret billionaire; Ambani pushed to...
Zhong Shanshan is a private billionaire who has rarely received any attention from the media.
Now, after an extraordinary career ranging from journalism, to mushroom...
Ambani’s Reliance Retail completes fundraising after $6.37bn pours in
After more than half a dozen investors poured $6.37 billion into a 10.09 percent stake in the company in two months, India's Reliance Industries...
Asia’s richest man takes on foreign eCommerce giants in India’s festive...
It was by offering $2 data plans and free voice calls that billionaire Mukesh Ambani demolished rivals in India's telecommunications market.
Four years later, to...
Saudi Arabia’s PIF acquires 2.04% stake in Ambani-owned Reliance Retail
The Public Investment Fund (PIF) of Saudi Arabia, one of the largest sovereign wealth funds in the world, which invested $1.5 billion this year...
India’s Reliance Retail & Amazon in talks to secure a $20...
The Indian billionaire Mukesh Ambani-led Reliance Industries is offering stakes worth $20 billion in its retails wing to Amazon.
The tech giant has already made...
Reliance Retail may sell stakes worth $1 billion to Silver Lake
Silver Lake Partners, a private equity company, is in the final stage of discussions to invest $1 billion in the retail arm of India's...
Reliance is world’s no.2 energy company now; Overtakes Exxon
India's Reliance Industries Ltd, owned by Mukesh Ambani has surpassed US-based ExxonMobil to become the world's second-largest energy company driven by colossal investments made...
