Ambani Leads $200 Billion Loss Among India’s Richest
Mukesh Ambani and Lakshmi Mittal led India’s richest in losing $200 billion this year as the global financial crisis triggered a plunge in stocks and property values, Forbes Asia said.The ... Read more »
India awaits next blow in Ambani feud
Shares of Reliance Communications crept higher yesterday in the first market reaction in Mumbai to the collapse late on Friday of the Indian mobile operator’s plan to tie up with ... Read more »
Ambani rivalry could scupper MTN deal
When billionaire businessman Anil Ambani announced his bid to gain a controlling foothold in South Africa’s MTN last month, some people instantly smelt trouble. The planned reverse takeover of MTN, ... Read more »
India’s billionaire Ambani brothers slug it out in telecom row
India’s billionaire Ambani brothers are battling again — this time over a blockbuster deal being negotiated by the younger sibling Anil to create an emerging-market telecoms behemoth. . The long-simmering ... Read more »
Mukesh Ambani: Knowledge and human values essential
India has been familiar with global leadership in the past and has achieved one of the highest growth rates in the world in recent years, Reliance Industries chairperson Mukesh Ambani ... Read more »
Indian cricket in $724m sell-off of new teams
Indian cricket has taken the first big step towards the wholesale privatisation of the game in the model of English football or American baseball with the sale of eight new ... Read more »
Mukesh says: RIL to go global
Billionaire Mukesh Ambani on Friday said Reliance Industries group will emerge as a “successful multinational” by focusing on overseas business. Addressing over 40,000 employees of the group through a web-cast ... Read more »
Ambani feud resurfaces ahead of IPO
A feud between India’s Ambani brothers has resurfaced, this time over plans by the younger brother, Anil, to hold what will be India’s largest initial public offering, the Rs120bn ($3bn) ... Read more »
Mukesh Ambani becomes world’s richest person!
Billionaire Mukesh Ambani on Monday became the richest person in the world, surpassing American software czar Bill Gates, Mexican business tycoon Carlos Slim Helu and famous investment guru Warren ... Read more »
Ambani set to leap into global rich list’s top ten
India’s stock market boom has catapulted the country’s biggest industrialist Mukesh Ambani within reach of becoming the richest Indian and one of the world’s 10 wealthiest people. In a vivid ... Read more »
Mukesh Ambani net worth rises to record
Billionaire Mukesh Ambani’s Reliance Industries Ltd. and younger brother Anil’s Reliance Energy Ltd. group companies rose to records on speculation oil, gas and power investments will drive profit growth.Reliance Industries ... Read more »
India Caps Natural Gas Price
India capped natural gas prices 34 percent below a global benchmark, cutting returns for Reliance Industries Ltd., and deterring global companies from exploring.The government yesterday ordered Mumbai-based Reliance, India’s biggest ... Read more »
Sale snag threatens Indian tycoon’s dream castle
NEW DELHI (AFP) - The design specifications for the new dream home of Indian industrialist Mukesh Ambani feature everything a billionaire might desire. The glass-and-steel vertical palace in India’s ... Read more »
Billionaire’s 27 floor mansion under threat
For a man who started life in a tiny Mumbai tenement, it could scarcely be a grander symbol of a life made good. Standing nearly 600 ft tall and ... Read more »
Reliance Energy to Spend $15 Billion in 5 Years
Reliance Energy Ltd., India’s second-biggest utility by sales, plans to spend $15 billion to contribute a fourth of the additional generation capacity to be added in the country in the ... Read more »
Mukesh Ambani moves into Indian retailing
India’s biggest company by market value is “trying to drive us out of business by offering cheap rates,” said Pukar, who sells mangoes and pomegranates from his cart a kilometer ... Read more »
First pictures of billionaire Mukesh Ambani mansion revealed. Well if you call a 60 stories skyscraper mansion!
this is no joke! Its the new residence of wealthiest man in India - billionaire Mukesh Ambani which is beeing built in Mumbai. Six floors for parking The ... Read more »
Richest Indian Mukesh Ambani is building a new residence in Mumbai
Mukesh Ambani, is building a new home in the financial hub of Mumbai: a 60-storey palace with helipad, health club and six floors of car parking.The building, named Antilla ... Read more »
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