IFCI Revives Stake Sale Plans; Mukesh Ambani, Stanchart May Bid
2008-05-30 13:41:00 The state-owned lender IFCI is once again back in deal circles. Six months after IFCI rejected a conditional offer to buy a 26 percent stake by a consortium led by Sterlite Industries, the board of the Delhi-based company is reviving the plan to induct a strategic investor. And this time Mukesh Ambani and StanChart ...
Mukesh Ambani: World's Most Expensive Home is in India
2008-05-02 23:54:00 We've covered Antilla, the Ambani's massive mansion in the past, but it's nearing completion and the Ambani's are about to move in. Forbes has estimated the cost at $2 billion dollars which raises the question of who/what is insuring this home? Times Now has covered the home with this video. ... Read More...
By: The India Street
Billion Dollar Home of Mukesh Ambani
2008-05-02 12:24:00 World's first Billion Dollar home is under construction, in India. The 27-storey skyscraper being built in Mumbai by Mukesh Ambani, could be the world's largest and costliest home with a price- tag nearing two billion dollar. Forbes magazine reported it in a report titled, "Inside The World's First Billion-Dollar Home." A Billion Dollar home! Can you believe this?After completion of construction work in January, Antilla, the Ambani residence will be 550 feet high with 4,00,000 square feet of interior space. The design of this skyscraper is based on Vaastu. Atop six stories of parking lots, Antilla's living quarters begin at a lobby with nine elevators, as well as several storage rooms and lounges. Down dual stairways with silver-covered railings is a large ballroom with 80 per cent of its ceiling covered in crystal chandeliers.Mukesh Ambani is the head of the Reliance Industries, an oil and petrochemicals giant. With a net worth of 43 billion dollars, Mukesh Ambani is the riches...
INDIA: Jamnagar refinery ahead of schedule
2008-04-17 08:44:00 Reliance Petroleum (RPL) has announced that it has achieved 90% overall progress in the implementation of its 5,80,000 barrel per day export-oriented refinery coming up in a special economic zone at Jamnagar in the last quarter of 2008. In a release, the company claims that it will be in a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
Mukesh Ambani offered his private jet to King Khan
2008-03-22 15:20:00 Recently, Mukesh Ambani offered his private jet to bollywood superstar Shahrukh Khan for his trip to Austria for a holiday with his family. Shahrukh Khan left for the Austria along with her wife, Gauri and children, Aryan and Suhana. Shahrukh Khan was also one of the bollywood star who attended the high profile party thrown by ...
By: Bollywood Songs
Knowledge and human values essential: Mukesh Ambani
2008-03-14 18:54:00 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 said Friday while warning against “deceptive descriptions” like the billionaires’ lists.
By: Latest News
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
Warren Buffett Tops Forbes Annual Billionaire Lists.
2008-03-07 06:37:00 US financier Warren Buffett has overtaken Bill Gates as the world's richest man, according to Forbes annual billionaire's list, which this year saw Russia, China and India making increasing inroads. Buffett, the 77-year-old chief of the Berkshire Hathaway holding company, saw his wealth jump from 52 billion dollars last year to 62 billion, pushing Microsoft co-founder Gates into third position after 13 years at the top. Mexico's telecom mogul Carlos Slim Helu grabbed second place with a tidy nest egg of 60 billion dollars, up from 49 billion last year.Buffett, who announced in 2006 he was giving the majority of his fortune to the Bill & Melinda Gates Foundation, saw his wealth spike mostly due to the rising value of his Berkshire Hathaway stock.In total, this year's list sees 1,125 people around the world making the billionaire's list, up from 946 last year. Their total net worth stands at 4.4 trillion dollars, up from 3.5 trillion dollars in 2007.By nationality, the United...
By: Tech World
The Billion Dollar Home - Mukesh Ambani?s New Home in Mumbai (Bombay)
2008-03-06 15:19:00 We have all heard about the 100 plus million dollar homes that are popping up for the super rich, but the new home of Mukesh Ambani is expected to cost nearly 1 billion dollars. Being built in Mumbai, what we call Bombay, the building will be placed in a residential section of the city. The ...
Mukesh Ambani?s Reliance to sponsor more sports events
2008-03-01 10:47:00 The Mukesh Ambani-owned Reliance company will venture into more sports-related activities, possibly sponsoring the 2011 cricket World Cup to be co-hosted by India, after investing well over $117 million in the lucrative Indian Premier League (IPL).
By: Latest News
Reliance Industries (RIL) Mukesh Ambani behind stock market CRASH
2008-02-25 10:41:00 If this is a piece of fiction, I dont have any problem. The biggest hole in this story is that Mukesh own companies also got hammered by 7-8%. Did it was due to similar action taken by ADAG team On Mukesh companies sitting in Timbaktoo ??? If this is true, we must ...
$1 Billion house
2008-02-22 02:43:00 A $1 billion house?What would you do if your net worth were $22 billion? If you were Indian businessman Mukesh Ambani, you might build yourself the world's most expensive home. As designed by Chicago architecture firm Perkins + Will, the in-progress glass-tower is estimated at $1 billion and is known to feature, at the least, a health club, multiple "safe" rooms, 3 helipads, 168 parking spaces and require 600 servants to maintain, and physically, the structure stands at 27 stories, or 570 feet tall.Mukesh Ambani is forbes 14th richest man in the world and 2nd richest Indian.
By: Under the Sun
Mukesh Ambani-led Reliance Group Plans a Splash in Real Estate
2008-02-08 07:32:00 The Country’s largest corporate house, the Mukesh Ambani-led Reliance group is all set to make a mark in the Real Estate Industry. The Company has already started its procedure of recruiting large number of highly experienced professional to work on its captive and independent projects. The company is in hunt of professional with at least 15 ...
Mukesh Ambani, Mallya, SRK win IPL bids
2008-01-25 06:01:00 The high-profile Indian Premier League on Thursday received overwhelming response as India's top industrialists Mukesh Ambani and Vijay Mallya, and film stars Shah Rukh Khan and Preity Zinta won bids to own teams in the Twenty20 venture.After much suspense, Board of Control for Cricket in India vice-president and IPL governing council chairman Lalit Modi named the winning bidders, who shelled out staggering amounts to become owners of the Mumbai-based teams.Reliance Industries chief Mukesh Ambani pipped Vijay Mallya in the bid for the Mumbai team, for US $111.9 million.The liquor baron, however, won the bid for the Bangalore team, for US $111.6 million.Actor Shah Rukh Khan, joining hands with Juhi Chawla and Jay Mehta, won the bid for the Kolkata team, for US $75.09 million.Fellow-actor Preity Zinta and her boy friend Ness Wadia won the bid for the Mohali team, for US $76 million.Among others, GMR Holdings was successful in bidding for the Delhi team (US $84 million), while India C...
The Year 2007
2007-12-30 05:45:00 Below here are listed Some of the Top stories of the Year 2007.Check them out. And if You feel that some news or top story is missing in the list then do let me know.India Wins T20 World CupYuvraj hits 6 sixers in 6 BallsAustralia Wins 2007 World CupMalinga takes 4 Wickets in 4 BallsMurali sets world record20 Minutes to FameMukesh Ambani becomes World's Richest ManPrashant Tamang Wins Indian Idol 3Prachi Desai Wins Jhalak Dikhlaja 2Nach Baliye 3a-261107.html">Ishmeet Singh Wins Voice Of IndiaNew 7 Wonders on WorldSensex Hits 20K First TimeShilpa Shetty Wins Big BrotherRahul Roy Wins Big BossKAKA Wins FIFA World Player Of The YearBobby Jindal Becomes First Indian-American GovernorWedding of The YearMadhuri Dixit Makes A ComebackDelhi's Killer BusesRomario Scores 1000 GoalsMarion Jones Admits use of Steroidssy">F1 Shocked By Spying ControversyBenazir Bhutto Assasinated
By: Tech World
Mukesh Ambani - Reliance Industries
2007-12-19 21:17:00 Born : April 19, 1957 (1957-04-19) (age 50)Aden, YemenResidence : Mumbai, IndiaOccupation : Chairman, Managing Director of Reliance IndustriesSalary : 304.6 millionNet worth : US$49 billionSpouse : Nita AmbaniMukesh Ambani (born April 19, 1957 in Yemen ) is an Indian businessman. He is the chairman, managing director and the largest shareholder of Reliance Industries, India's largest private sector enterprise and a Fortune 500 company. His personal stake in Reliance Industries is 48%. His wealth is valued at US$49 billion (according to Forbes India's 40 Richest list,14-11-07), making him the second richest person in India behind steel tycoon Lakshmi Mittal. On 29th October 2007, as a result of a strong share price rally in his group companies, Ambani was thought to have become the richest man in the world with a net worth of $63.2 billion, as reported by news media in India. However, this claim was refuted by Reliance Industries, which said that the calculations regarding his weal...
Mukesh Ambani wins business leader award
2007-12-10 05:49:00 Mukesh Ambani, chairman of Reliance Industries Ltd, was named the Outstanding Business Leader of the Year at the CNBC-TV18 Business Leader Awards announced on Friday.Indra Nooyi, CEO of PepsiCo, was named the Global Indian Achiever of the year.Shah Rukh Khan was named the Entertainment Business Leader of the Year, while Hindustan Unilever?s Harish Manwani was given the Indian Corporate Citizen of the Year award.Aditya Vikram Birla was posthumously inducted to the Hall of Fame, while Ratan Tata was given the ?Taking India Abroad? award andHotelier P.R.S. Oberoi conferred a lifetime achievement award at the event.Full Report
By: Tech World
Mukesh Ambani looks to board Metro Rail
2007-12-04 10:42:00 The Mukesh Ambani-led Reliance Industries group has formally submitted its bid for the Rs 6,192-crore Charkop-Bandra-Mankhurd phase of the Mumbai Metro project. The Mumbai Metropolitan Regional Development Authority (MMRDA), the nodal agency for the Metro project, on Monday opened seven technical bids it has received for the longest corridor of the project. The second corridor is the ...
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
Mukesh Ambani is now the world's richest man
2007-11-11 08:14:00 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 Buffett, courtesy the bull run in the stock market.Following a strong share price rally on in his three group company, India's most valued firm Reliance Industries, Reliance Petroleum and Reliance Industrial Infrastructure Ltd, the net worth of Mukesh Ambani rose to $63.2 billion (Rs 2,49,108 crore).In comparison, the net worth of both Gates and Slim is estimated to be slightly lower at around $62.29 billion each, with Slim leading among the two by a narrow margin.Warren Buffett, earlier the third richest in the world, also dropped one position with a net worth of about $56 billion.Ambani's wealth of about Rs 2,49,000 crore includes about Rs 2,10,000 crore from RIL (50.98 per cent stake), Rs 37,500 crore from RPL (37.5 per cent) and Rs 2,100 crore from RIIL (46.23 per cent).Slim's wealt...
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
Indian tycoon Mukesh Ambani the new richest man in the world
2007-11-03 15:08:00 We got a new richest man in the world and No, it's neither Carlos Slim Helu nor Bill Gates but it's Mukesh Ambani. Guess what is his former job was? A petrol pump attendant! Indian tycoon Mukesh... Click on the link to read more..
By: Fun Distraction
Mukesh Ambani Gifted nita Ambani Luxury jet on her Birthday
2007-11-02 13:05:00 India's richest man, Mukesh Ambani, has bought his wife a luxury jet with entertainment cabins, a sky bar and fancy showers for her birthday, a newspaper said on Friday.Ambani, who owns the country's biggest private company, Reliance Industries Ltd, gifted the $60 million Airbus plane to wife Neeta on her 44th birthday on Thursday, the Mumbai Mirror newspaper said.The jet is custom-fitted with an office and a cabin with game consoles, music systems, satellite television and wireless communication, the report said.It also has a master bedroom, a bathroom with a range of showers and a bar with mood lighting. The newspaper said Airbus sources had confirmed the sale and the jet had arrived at New Delhi's airport and would be brought to Mumbai soon.A spokesman for Reliance, estimated to have a market capitalisation of nearly $100 billion, told Reuters, "we are neither denying nor confirming the report". With business interests ranging from oil to retail and biotechnology, Ambani is no...
By: Bollywood bakwas
World's richest man: Mukesh Ambani ( INDIA )
2007-10-31 19:55:00 Mukesh Ambani is world's richest manBillionaire Mukesh Ambani today became the richest person in the world, surpassing American software czar Bill Gates, Mexican business tycoon Carlos Slim Helu and famous investment guru Warren Buffett, courtesy the bull run in the stock market.Following a strong share price rally on in his three group companies, India's most valued firm Reliance Industries, Reliance Petroleum and Reliance Industrial Infrastructure, the net worth of Mukesh Ambani rose to $63.2 billion (Rs 2,49,108 crore).In comparison, the net worth of both Gates and Slim is estimated to be slightly lower at around $62.29 billion each, with Slim leading among the two by a narrow margin.The five richest people in the world with their net worth1. Mukesh Ambani ($63.2 billion)2. Carlos Slim Helu ($62.2993 billion)3. William (Bill) Gates ($62.29 billion)4. Warren Buffett ($55.9 billion)5. Lakshmi Mittal ($50.9 billion)Warren Buffett, earlier the third richest in the world, also dropp...
By: RayOfHope
Mukesh Ambani becomes world?s richest person
2007-10-31 09:09:00 New Delhi: 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 Buffett, courtesy the bull run in the stock market. Following a strong share price rally on Monday in his three group companies ? India’s most ...
By: TechnoBitez
Mukesh Ambani becomes world’s richest person
2007-10-31 09:09:00 New Delhi:  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 Buffett, courtesy the bull run in the stock market. Following a strong share price rally on Monday in his three group companies — India’s most valued firm Reliance Industries, Reliance Petroleum and Reliance Industrial Infrastructure Ltd — the net worth of Mukesh Ambani rose to $63.2 billion (Rs 2,49,108 crore). In comparison, the net worth of both Gates and Slim is estimated to be slightly lower at around $62.29 billion each, with Slim leading among the two by a narrow margin. Warren Buffett, earlier the third richest in the world, also dropped one position with a net worth of about $56 billion. Ambani’s wealth of about Rs 2,49,000 crore includes about Rs 2,10,000 crore from RIL (50.98 per cent stake), Rs 37,500 crore from RPL (37.5 per cent) and Rs 2,100 cror...
By: TechnoBitez
Mukesh Ambani Worlds' Richest, Gates in Windows : ) Proud to be an Indian
2007-10-31 03:35:00 Thanks to Manish Kumar, Bihar India again for pointing this interesting story for our readers. The new Magnets or Tycoons stories are re-written and our new ALIVE Richest are here. The Indian Petro Chemical giant Reliance Chief Mukesh Ambani is the World's Richest MAN now, booming Indian sensex / stocks made him up above the software giant Bill Gates etc. Mukesh's assets are worth: $63.2 billion (almost Rs 2.49 lakh crore). Mukesh Ambani, India, Reliance Petrochemicals: $63.2 billion (almost Rs 2.49 lakh crore)Carlos Slim, Mexico: $62.299 billion Bill Gates, USA, Microsoft’s: $62.290 billion The fight seems to be neck to neck but its interesting to watch the daily ups and downs to these trends, destiny is great to someone and makes them billionaires overnight just due to bullish stocks, I wonder many times... We all know Lakshmi Mittal, the Steel king whose roots are also in India is the unshattered KING of Steel. Now Ambanis rules the world. And this could be the more lucrati...
By: Talk Free
Mukesh Ambani become World's Richest Man.
2007-10-30 14:02:00 As a result of a strong share price rally on 29 October 2007 Indian Mukesh Ambani became the richest man in the world with a net worth of $63.2 billion(Rs 2,49,108 crore). His wealth was US$20.1 billion as of March 2007 (Forbes) and his wealth was valued at US$ 55.3 billion in October 2007 taking into account his holding in Reliance Industries and group companies(made him as the richest Indian and the 3rd richest man in the world). But as a result of a strong share price rally on 29 October 2007 Mukesh Ambani become world?s richest man !!!Mukesh Ambani (April 19, 1957 ) is the chairman, managing director and the largest shareholder of Reliance Industries, India?s largest private sector company and a Fortune 500 Company. His personal stake in Reliance Industries is 48% Education: University of Bombay,India. Bachelor of Arts / ScienceStanford University - Master of Business AdministrationThe Top 5 richest people in the world with their net worth 1. Mukesh Ambani ($63.2 b...
By: Tech World
India Billionaire Mukesh Ambani now richest man in the world
2007-10-30 07:06:00 Mukesh Ambani became the richest person in the world surpassing Microsoft chairman Bill Gates and Mexican businessman Carlos slim Helu. The reason is the strong Indian share market reaching to the 20K mark. The recent bull race in Indian share market making every 1K in around a week as observed by last few months. The net ...
Mukesh Ambani of India is the world's richest man today
2007-10-30 05:42:00 Mukesh Ambani of India has surpassed Bill Gates to become the world's richest man.The net worth of the Indian billionaire Mukesh Ambani swelledon30th October 2007, Monday making him the richest man in the world. He surpassed American Bill Gates, Mexican business tycoon Carlos Slim Helu and famous investment guru Warren Buffett. Monday's strong share price rally in the three companies Reliance Industries, Reliance Petroleum and Reliance Industrial Infrastructure Ltd - the net worth of Mukesh Ambani rose to $63.2 billion (Rs 2,49,108 crore). In comparison, Gates and Slim is estimated to be slightly lower at around $62.29 billion each, with Slim leading among the two by a narrow margin.
An Indian, Mukesh Ambani becomes World's richest person
2007-10-29 18:37:00 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 Buffett, courtesy the bull run in the stock market.Following a strong share price rally on in his three group company, India's most valued firm Reliance Industries, Reliance Petroleum and Reliance Industrial Infrastructure Ltd, the net worth of Mukesh Ambani rose to $63.2 billion (Rs 2,49,108 crore).The five richest people in the world with their net worth:1. Mukesh Ambani ($63.2 billion)2. Carlos Slim Helu ($62.2993 billion)3. William (Bill) Gates ($62.29 billion)4. Warren Buffett ($55.9 billion)5. Lakshmi Mittal ($50.9 billion)In comparison, the net worth of both Gates and Slim is estimated to be slightly lower at around $62.29 billion each, with Slim leading among the two by a narrow margin.Warren Buffett, earlier the third richest in the world, also dropped one position with a net wor...
By: TechnO FreakZ
Mukesh Ambani is the World?s Richest Man
2007-10-29 17:52:00 Billionaire Mukesh Ambani today became the richest person in the world, surpassing American software czar Bill Gates, Mexican business tycoon Carlos Slim Helu and famous investment guru Warren Buffett, courtesy the bull run in the stock market. Following a strong share price rally on in his three group companies, India’s most valued firm Reliance Industries, Reliance ...
"Mukesh Ambani" World?s richest man
2007-10-29 16:34:00 Few months back it was Mexican business magnate Carlos Slim Helu, who was richer then American software czar Bill Gates and now it?s our Mukesh Ambani, Wow! He has surpassed everybody in the world to be on the top of Billionaires list. Following a strong share price rally on in his three group companies, India’s most ...
By: Sheetudeep Blog
Mukesh Ambani is world's richest man - Business Standard
2007-10-29 14:21:00 Mukesh Ambani is world's richest manBusiness Standard, India - 35 minutes agoPTI / Mumbai October 29, 2007 Billionaire Mukesh Ambani today became the richest person in the world, surpassing American software czar Bill Gates, ...Mukesh Ambani elbows out Gates, Slim to become world's richest Hindu Business Lineall 6 news articles
Mukesh Ambani is world's richest man - Business Standard
2007-10-29 14:21:00 Mukesh Ambani is world's richest manBusiness Standard, India - 35 minutes agoPTI / Mumbai October 29, 2007 Billionaire Mukesh Ambani today became the richest person in the world, surpassing American software czar Bill Gates, ...Mukesh Ambani elbows out Gates, Slim to become world's richest Hindu Business Lineall 6 news articles
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
Reliance to work with farmers:Mukesh Ambani
2007-10-13 10:21:00 Under attack from small shopkeepers and farmers in several states for its retail initiative, Reliance Industries chairman Mukesh Ambani today took pains to explain how Reliance Retail has always been a friend of these two important constituencies. “We are sensitive to the interests of small shopkeepers. Our retail initiative will, in no way, jeopardise their interests ...
Mukesh Ambani revives telecom dreams
2007-09-27 19:18:00 Reliance Industries wants to make sure that their plans do not require a separate telecom license. Mukesh and Anil have a non-compete clause which means Mukesh Ambani cannot apply for a telecom license till 2015. But that is not stopping Mukesh Ambani from putting a huge network in place. HFCL would be laying optical-fibre cable along ...
$$ DreamGains !! $$ Mukesh Ambani becomes world’s richest Indian
2007-09-26 18:41:00 Mukesh Ambani becomes world’s richest Indian September 26, 2007 18:30 IST Reliance Industries chairman Mukesh Ambani has overtaken NRI steel tycoon Lakshmi Mittal to become the richest Indian in the world, thanks to the unprecedented boom in the domestic stock market. Ambani’s net worth has soared past $50 billion, making him the first Indian and ...
INDIA: The Goverment and Prioritise gas sales
2007-09-14 12:40:00 Within days of approving a price formula for gas... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
Indian fertilizers to get hot again as Mukesh Ambani all set to setup a 2-m
2007-09-12 23:31:00 By Vipin Agnihotri Increasing cost of production and delays in subsidy payments has stymied capacity addition in the Indian fertilizer industry over the last few years. But with the Indian government mulling a new subsidy regime, fertilizers promise to get hot again. It is worth mentioning in this regard that last month, Reliance Industries... Please visit www.theindiastreet.com for more!
By: The India Street
INDIA: The gas prices and Reliance Industries, wants early solution
2007-09-05 05:36:00 Even as the CPI(M) has asked the Government to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
Note to Mukesh Ambani ? Why rich should share wealth with poor
2007-08-22 18:33:00 I came across this Mukesh Ambani press release today and while it offered little in detail it was a push in the right direction. While I am not a believer in a philosophy of giving for giving sake, I do believe that corporations should help the poor by creating meaningful jobs. Mukesh seems to believe in restructuring the rural farmer?s retail... Please visit www.theindiastreet.com for more!
By: The India Street
Reliance Industries Will be First Ever India Company to reach $100-billion
2007-08-21 15:47:00 By Vipin Agnihotri Billionaires all around the world watch out for Mukesh Dhirubhai Ambani. He is all set to get the bragging rights as one of the worlds top three or four richest men. It is worth mentioning in this regard that Forbes has put him at a distant 14, with a net worth of $20.1 billion. I am not saying this because he is an Indian. I... Please visit www.theindiastreet.com for more!
By: The India Street
Mukesh Ambani To Build $1 Billion ?Home?
2007-06-06 18:45:00 The richest man in India, Mukesh Ambani, is reportedly building a 27-storey skyscraper mansion in the heart of the country?s commercial capital, Mumbai (Bombay). The total cost of the project is expected to be US$1 billion, roughly the average annual income of 1.5 million Indians. Ambani is erecting his lavish ?home? in a city that has 7 million slum dwellers. Several million more of Mumbai?s 12 million-plus residents live in substandard housing. Such is the price of real estate in Mumbai that even well-paid middle-class professionals cannot afford a decent dwelling. In what is clearly an unintended irony, Ambani has named his mansion ?Antilia,? after a mythical island.
By: Munaeem's Blog
Mukesh Ambani?s 60 storeyed building
2007-06-02 15:16:00 His wife, mother and three children will live there with him, looked after by 600 live-in staff. Construction has already started on what will eventually be a 175m tower and planners are aiming to complete it in September 2008. Earlier this year, Forbes rated Mr Ambani as the richest resident Indian with a net worth of ...
By: Serendipity
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