Tag: Reliance
Asia’s Richest Man Mukesh Ambani Added $17 Billion to His Fortune in 2019
(Bloomberg) --It’s been a good year for Asia’s richest man, Mukesh Ambani.
The Indian tycoon added almost $17 billion to his wealth as of Dec....
Asia’s richest man breaks into club of six oil elites
(Bloomberg) --Reliance Industries Ltd., run by Asia’s richest man Mukesh Ambani, has eclipsed BP Plc to break into an elite club of energy supermajors.
The...
Ambani Readies India’s Alibaba With $24 Billion Holding Firm
(Bloomberg) --Billionaire Mukesh Ambani moved a step closer to creating an e-commerce giant for India, unveiling plans to set up a $24 billion digital-services...
Reliance, Aramco Talks on Refinery Stake Sale Said to Stall
(Bloomberg) -- Indian billionaire Mukesh Ambani’s Reliance Industries Ltd.’s talks to sell a minority stake in its refinery business to Saudi Arabian Oil Co., Aramco...
Take a Bow, Ericsson. And India, Take a Lesson
(Bloomberg Opinion) -- Anil Ambani’s not going to jail after all, and Ericsson AB got its money. The Swedish company’s lawyers should take a...
Anil Ambani’s Wireless Unit Plunges 54% on Bankruptcy Filing
Billionaire Anil Ambani’s Reliance Communications Ltd. crashed by record in Mumbai after the company said it will file for insolvency following failed attempts to...
Reliance Said to Plan Expanding World’s Largest Refinery Complex
Billionaire Mukesh Ambani-owned Reliance Industries Ltd. is considering a plan to boost its oil-refining capacity by about half, people with knowledge of the matter...