|
Lakshmi Mittal, Mukesh Ambani, Anil Ambani and K.P. Singh in the top 10 ric
2008-03-08 03:20:00 By Vipin Agnihotri It?s official. Four Indian industrialists, namely, Lakshmi Mittal, Mukesh Ambani, Anil Ambani and property tycoon K.P. Singh are among the top 10 richest individuals in the world, according to a survey conducted by Forbes magazine. In my opinion, a phenomenal surge in the sensex last year took them to the top of the totem pole. Point to be noted here is that India has the maximum number in the top 10 followed by US, which has two. On the other hand, Germany, Mexico, Sweden and Russia have one each. It is worthwhile pointing that in 2007 there was only one Indian, Lakshmi Mittal in the top 10. According to Forbes survey, Warren Buffett, the legendary investor with a $62-billion net worth, is the world?s richest man. Buffett dislodged Microsoft chief Bill Gates ($58 billion), who tumbled to the third spot after a hostile bid for Yahoo that sent the software giant?s stocks plunging by more than 15 per cent. The second spot has gone to Mexican telecom czar Carlos ...
By: The India Street
Anil Ambani Looking to Make Shareholders Richer
2008-02-27 03:27:00 Dangling the Carrot By Priya Nigam Billionaire Anil Ambani's group of companies is trying to make headway with the common investor. Reliance Energy Ltd, India's second-biggest utility, now plans to consider a share buyback, less than a week after Reliance Power?s announcement of bonus shares for non-promoter stakeholders. Previously, on Sunday, Reliance Power (RPWL) announced a bonus issue of 3:5 shares. This means that for every 5 shares held, the company would give 3 shares for free. This offer would be for non-promoters, which excludes Chairman Anil Ambani as well as Reliance Energy, which together hold about 90% of Reliance Power. While Reliance Power garnered a record Rs11,560 crore through its IPO, the stock plummeted on listing on February 11. Shares were not hit by any company-specific issue. Rather the global sell-off in equities hit all Indian stocks and more so new shares. So, the company decided to give away free shares to boost investor confidence. Of course, thi...
By: The India Street
Anil Ambani Group demands SEBI probe in IPO blues
2008-02-17 21:29:00 Blaming a vicious campaign by rival corporate interests for pulling down Reliance Power and other group firms stocks, Anil Ambani Group on Sunday demanded a probe by market regulator SEBI into market abuse that hit millions of investors.9 Vote(s)
By: Market Buzz
> Reliance Power board considering free bonus shares …… Anil Ambani
2008-02-17 16:42:00 *Reliance Power board considering free bonus shares* New Delhi (PTI): In an unprecedented move, Anil Ambani Group company Reliance Power will give free bonus shares to all its shareholders to compensate the losses they suffered when the company was listed a week ago. “Reliance Power board will consider issuing free bonus shares to all shareholders excluding the ...
Will Reliance Communications acquire Capgemini to become India?s largest IT
2008-02-15 09:47:00 Anil Ambani is firing all cylinders in the quest to become India's largest group (and Richest Indian), the coveted place currently held by his elder brother Mukesh. Close to the heels of Reliance Power - a $2.8 billion mammoth IPO, Anil has already announced his intentions of going public with his entertainment division. Now another big news has started making rounds. Anil Ambani run Reliance Communications is in talks with up-for-grabs French IT consulting firm Capgemini. Times Online reports: Capgemini, the French IT services group, has held early-stage talks with Reliance Communications, of India, that could result in the first acquisition of a significant Western IT house by one of India's fast-growing competitors. Reliance Communication's interest confirms Mr Ambani?s hopes to build a significant IT business. A move on Capgemini would give it access to a client base in continental Europe and catapult it among the world's top ten IT groups by market share. ...
Anil Ambani to become richest person of world soon
2008-01-19 22:38:00 Few months back, I reported that Mukesh Ambani has become the richest person of world due to the increase in Indian share market. Even today, he almost holds his position as richest person of world but soon he will lose his first position to another person and this new person is nobody else than his own younger brother Anil Ambani. After the listing of Reliance power shares, Anil Ambani owned Reliance group is set to become the biggest business group and he is all set to become the richest person of world. Very less people in India and world has this belief that these two brothers will go so high after following separate paths. Ambani brothers are going beyond all the expectations and showing Indians that how Indians are all set to rule the world. When asked question about becoming richer than his brother than Anil Ambani said that he will always remain smaller than his brother irrespective of whatever wealth generated by him. Anil Ambani group will gain around 23-30 billion (depen...
Anil Ambani would be the Richest Indian ,nosing ahead of Mukesh.
2008-01-15 05:43:00 ANIL MAY NOSE AHEAD. The Reliance Power IPO,opening Tuesday,may break,several records. It ranks as the largest public offering to date,all chances are there that it would garner oversubscriptions in all three segments-retail investors,high networth investors,and institutions–on the first day itself. It is but definite that Anil Ambani would be overtaking Mukesh as the richest resident ...
Anil Ambani - Reliance Capital
2007-12-30 13:07:00 Anil Ambani was born in June 4, 1959 is an Indian businessman. As of October 6th 2007, he has a net-worth of US$45 billion, making him the 6th richest person in the world. His was the world's fastest-growing multi-billion-dollar fortune in percentage terms as his wealth tripled in 1 year.Ambani is chairman of Reliance Capital, Reliance Communications and Chairman & Managing Director, Reliance Energy, and was formerly Vice Chairman and Managing Director of Reliance Industries Limited. His personal stake in Reliance Communications is 66%. Reliance group is India's largest business house, founded by Anil's late father Dhirubhai Ambani (1938-2002). His mother is Kokilaben Ambani. He is married to Tina Ambani(Munim) who was a well known Indian Actress in early 80's, and with whom he has two sons: Jai Anmol and Jai Anshul. The total investors' wealth in the four Anil Ambani Group firms -- Reliance Communications (RCOM), Reliance Capital (RCL), Reliance Energy (REL) and Reliance N...
Anil Ambani all set to be the Rupert Murdoch of India
2007-12-12 19:13:00 By Vipin Agnihotri While elder brother Mukesh Ambani is basking in the glory of being crowned the richest man of the world, younger brother, Anil Ambani is not that far behind. As a matter of fact, he is all set to become the Rupert Murdoch of India. In my opinion, media and entertainment has been the object of his affection ever since his 360-degree separation from Mukesh Ambani. Initial signs are that ADA Group is planning to launch Direct to home (DTH) services in India shortly under the brand name Reliance blue magic. In addition, Anil Ambani has also decided to join forces with the Microsoft Chairman Bill Gates to foray into the IPTV space. Reliance?s IPTV service shall be powered by the Microsoft Mediaroom platform, which will allow Reliance to deliver completely new, connected and personalized television experiences for the Indian consumers, with number of advanced features. It includes, video on demand, digital video recording, instant channel changing and personal me...
By: The India Street
The Mukesh Ambani and Anil Ambani Portfolio’s
2007-11-18 12:41:00 http://www.theindiastreet.com/2-007/11/india-street-analysis-by--sundaramurthy.html The India Street published Rakesh Jhunjhunwala’s portfolio few months ago. Mukesh Ambani was reported to be the world’s richest person by Indian media. But it was denied immediately by Reliance. While there are many figures floating around media about their net worth, The India Street attempts to look from a different angle: ...
The Mukesh and Anil Ambani Portfolios
2007-11-17 17:27:00 The India Street Analysis By Sundaramurthy Vadivelu The India Street published Rakesh Jhunjhunwala?s portfolio few months ago. Mukesh Ambani was reported to be the world?s richest person by Indian media. But it was denied immediately by Reliance. While there are many figures floating around media about their net worth, The India Street attempts to look from a different angle: their family shareholding in Reliance. Mukesh is married to Nita and they have three children, Akash, Isha and Anant. Anil is married to Tina and they have two sons, Jaianmol and Jaianshul. We discussed about Mukesh Ambani and Anil Ambani group companies in my earlier article, ?Mukesh Ambani vs Anil Ambani : Which Brother's Companies are the better Investment?? as well as ?Hot or Not? Ambanis on a dream run!? Let us analyze the Ambani families? (including Kokila Ambani) stake in Reliance group companies. We will be discussing only the shareholding in the names of family members. The data source fo...
By: The India Street
Anil Ambani to Enter Cement Sector
2007-11-17 17:02:00 By Vipin Agnihotri The India Street has confirmation that 48-year-old CMD of Reliance ADAG, Mr. Anil Ambani has decided to enter into the cement sector. Initial signs are that Anil Ambani will set up four plants of five million tonne capacity each near his 4,000 MW coal-fired power project at Sasan in Madhya Pradesh. In my opinion, the 20 million tonne capacity will catapult Anil Ambani led group into the third spot in the pecking order of the cement industry, after ACC and Grasim and give it a market share of around 10 per cent. I am not really surprised with the latest move of Anil Ambani because he always goes for scale in whatever he does. It is worth mentioning in this regard that his Reliance Energy has lined up projects to produce around 24,000 MW of power. On the other hand, Reliance Communications at this moment of time has the GSM license for all the 23 telecom circles in the country. Furthermore, Reliance Communications is the leader in the CDMA segment. What?s more...
By: The India Street
Anil Ambani all set to foray into cement
2007-11-16 09:51:00 By Vipin Agnihotri The India Street has confirmation that 48-year-old CMD of Reliance ADAG, Mr. Anil Ambani has decided to enter into the cement sector. Initial signs are that Anil Ambani will set up four plants of five million tonne capacity each near his 4,000 MW coal-fired power project at Sasan in Madhya Pradesh. In my opinion, the 20 million tonne capacity will catapult Anil Ambani led group into the third spot in the pecking order of the cement industry, after ACC and Grasim and give it a market share of around 10 per cent. I am not really surprised with the latest move of Anil Ambani because he always goes for scale in whatever he does. It is worth mentioning in this regard that his Reliance Energy has lined up projects to produce around 24,000 MW of power. On the other hand, Reliance Communications at this moment of time has the GSM license for all the 23 telecom circles in the country. Furthermore, Reliance Communications is the leader in the CDMA segment. What’s mo...
By: The India Street
Billionaire Ambani brothers? family portfolio in Reliance
2007-11-04 15:28:00 The India Street Analysis By Sundaramurthy Vadivelu The India Street published Rakesh Jhunjhunwala?s portfolio few months ago. Mukesh Ambani was reported to be the world?s richest person by Indian media. But it was denied immediately by Reliance. While there are many figures floating around media about their net worth, The India Street attempts to look from a different angle: their family shareholding in Reliance. Mukesh is married to Nita and they have three children, Akash, Isha and Anant. Anil is married to Tina and they have two sons, Jaianmol and Jaianshul. We discussed about Mukesh Ambani and Anil Ambani group companies in my earlier article, ?Mukesh Ambani vs Anil Ambani : Which Brother's Companies are the better Investment?? as well as ?Hot or Not? Ambanis on a dream run!? Let us analyze the Ambani families? (including Kokila Ambani) stake in Reliance group companies. We will be discussing only the shareholding in the names of family members. The data source fo...
By: The India Street
Mukesh Ambani vs Anil Ambani : Which Brother's Companies are the better Inv
2007-10-24 18:44:00 Sundaramurthy Vadivelu Disclosure Please click on the above link to view the disclosure document before reading this article. The contents may not be reproduced in any form without obtaining prior permission from the publisher. Please send your feedback In my previous article, ?Hot or Not? Ambanis on a dream run!? we discussed about... Please visit www.theindiastreet.com for more!
By: The India Street
Mukesh and Anil Ambani once again at the negotiating table
2007-10-21 20:36:00 By Vipin Agnihotri I am sure that you are fully aware of the last time Mukesh and Anil Ambani negotiation across the table. It was in year of 2005, when their mother Kokila Ben oversaw the split of the Reliance empire between the two estranged brothers. It has come into the notice of The India Street that both Mukesh and Anil Ambani are once... Please visit www.theindiastreet.com for more!
By: The India Street
Exclusive news of Anil Ambani and Tata Group
2007-10-12 20:25:00 By Vipin Agnihotri As The India Street continues to grow in terms of readership, we are not relaxing. As a matter of fact, we are working doubly hard to give you exclusive news from the world of Indian business. Find below exclusive news of Anil Ambani and Tata Group. Hope you like it. Anil Ambani to hit the market with Reliance Power IPO ... Please visit www.theindiastreet.com for more!
By: The India Street
Anil Ambani Offering Retail On Mobile
2007-10-01 08:46:00 Anil Ambanis ADAG group has launched a first of its kind service. Just when Mukesh's retail venture is having hiccups, Ani Ambanis ADAG group has taken on the mobile retail bandwagon. Reliance is now offering Retail services to their users from their mobile phones. Whats the service?35million Reliance mobile customers can use their handsets to buy over 100,000 products ranging from fresh vegetables to groceries, ready made garments, toys and electronics. How does it work?I am guessing that users will be able to access this information using their R-World Application which comes along with the hand sets. The consumer can either take home delivery or pick up products from a delivery point. Anil Ambani is again leveraging his offline services by making Reliance World, Reliance World Express, Reliance Money, Reliance Insurance, Big Flicks, and Adlabs as the delivery points as pick up points. That is about 300,000 outlets in 10,000 towns.For different handsets different products will be...
By: WATblog
Anil Ambani Offering Retail On Mobile
2007-10-01 08:46:00 Anil Ambanis ADAG group has launched a first of its kind service. Just when Mukesh's retail venture is having hiccups, Ani Ambanis ADAG group has taken on the mobile retail bandwagon. Reliance is now offering Retail services to their users from their mobile phones. Whats the service?35million Reliance mobile customers can use their handsets to buy over 100,000 products ranging from fresh vegetables to groceries, ready made garments, toys and electronics. How does it work?I am guessing that users will be able to access this information using their R-World Application which comes along with the hand sets. The consumer can either take home delivery or pick up products from a delivery point. Anil Ambani is again leveraging his offline services by making Reliance World, Reliance World Express, Reliance Money, Reliance Insurance, Big Flicks, and Adlabs as the delivery points as pick up points. That is about 300,000 outlets in 10,000 towns.For different handsets different products will be...
By: WATblog
Anil Ambani co. to enter city gas
2007-09-25 19:16:00 The Anil Ambani led Reliance Fuel Resources Limited is all set to enter the city gas distribution for households and Compressed Natural Gas (CNG) for transportation in the National Capital Region (NCR) and Mumbai city. The group has re-applied for licences to set up city gas distribution (CGD) projects in NCR townships and Mumbai. It has ...
Anil Ambani all set to become the next media Moghul of India
2007-09-09 23:52:00 By Vipin Agnihotri Anil Ambani is in news these days. After picking up stake in India?s premier electronic media channel Aajtak, he is all set to buy himself a bouquet of electronic channels. Indications are that Anil Ambani would be looking at general entertainment channels first and later on plans to venture into the news channel domain as... Please visit www.theindiastreet.com for more!
By: The India Street
UP Govt rejects Anil Ambani group’s SEZ in Noida
2007-08-18 21:44:00 In a setback to Anil Ambani Group, the Uttar Pradesh on Saturday rejected its proposed special economic zone in Noida on the ground that it did not conform to the Centre’s guidelines on SEZs. The decision was taken at a state cabinet meeting chaired by Chief Minister Mayawati in Lucknow, Shailesh Krishna, principal secretary to Mayawati, ...
Anil Ambani to foray into investment banking
2007-06-13 18:51:00 Anil Ambani all set to become the next big deal maker. According to sources, with India Inc making acquisitions worth at least a billion dollar every month, the Reliance ADAG Group is ready for a foray into investment and merchant banking advisory services. It has come into the notice that the company is planning to float a 100 per cent... Please visit www.theindiastreet.com for more!
By: The India Street
Anil Ambani Signs 6 Film Deal With Farhan Akhtar
2007-05-28 11:18:00 Anil Ambani is not just content with rubbing shoulders with Bollywood A Listers. The Entrepreneur has now also succumbed to showbiz and has signed a six films deal with Farhan Akhtar-Ritesh Sidhwani's Excel Entertainment. Reliance Entertainment executives are showing active interest in all the 6 movies and were seen meeting up with various actors and directors. Ritesh has set a target to release more than six films before December 2009.
By: Our Bollywood
Anil Ambani?s SEZ Hits a Roadblock
2007-05-25 12:58:00 The proposed 1,200 acre Special Economic Zone, promoted by Anil Ambani Group, has fallen into limbo due to the current political tug-of-war in Lucknow. The project was scheduled to come up in Noida. The Uttar Pradesh Cabinet, chaired by new CM Mayawati, on Thursday put hurdles into the ongoing work of the project. The Cabinet decided ...
A peek into Anil Ambani’s ambitious plans
2007-05-05 07:14:00 When Anil Ambani’s Adlabs signed a licencing deal with Rave Entertainment, this week, to take control over 23 new screens in north India, it might have bitten into a chunk of cinema exhibitor PVR’s 80-screen business, but it was hardly big news. |
|
 |
|
 |
