Mukesh Ambani vs Amazon: How Reliance is winning game of thrones in Future retail dispute

Mukesh Ambani’s Reliance Industries and US giant Amazon have been vying to get an upper hand in one of the world’s fastest-growing retail markets which is India. This is the reason why for more than a year, Amazon.com Inc and Future Group have been locked in a complex legal stand-off that has stalled…

Reliance in process of momentous leadership transition, says Mukesh Ambani

Reliance Industries Limited (RIL) chairman Mukesh Ambani on Tuesday shared future plans related to a leadership transition at the energy-to-telecom conglomerate. The statement is significant as Mukesh Ambani hinted at an “accelerated leadership transition” in RIL. Mukesh Ambani, 64, said he wants the…

Gautam Adani’s net worth within touching distance of Mukesh Ambani

Leading industrialist Gautam Adani could soon become Asia’s richest man as his net worth is within touching distance of Mukesh Ambani. On Thursday, Adani’s net worth stood at $89.1 billion on the Bloomberg Billionaires Index, just 0.6 billion less than Reliance Industries Limited (RIL) chairman Mukesh Ambani’s…

Ambanis Deny Move To UK. Why They Bought 300-Acre Property

New Delhi:  After several reports claimed Reliance Industries Limited chairman Mukesh Ambani and his family are likely to move to London, following their acquisition of Stoke Park estate there, the Reliance group on Friday issued a statement rejecting the “baseless” reports. “A recent report in a…

Mukesh Ambani Races Toward World’s Exclusive $100 Billion Wealth Club

Mukesh Ambani added $3.7 billion to his net worth on Friday as shares of his flagship company surged after the tycoon doubled down on his clean-energy goals. Asia’s wealthiest person is now worth $92.6 billion, according to the Bloomberg Billionaires Index. The tycoon is closing in on L’Oreal’s…

Mukesh Ambani Is Going Green But Still Getting Rich Off Oil

Along the Arabian Sea, Jamnagar is a money-making machine for Asia’s richest man, Mukesh Ambani, processing crude oil into fuel, plastics and chemicals. It’s also where the billionaire is making his newest bet: a $10 billion investment in green energy. In a swath of arid land, to the city’s…