Page 28 - Mukesh Ambani
Mukesh Ambani's $2 chutzpah unlocks another fortune for Reliance Industries
In four years, the Indian billionaire has amassed roughly 400 million customers for his mobile data business
 "Mukesh Ambani's $2 chutzpah unlocks another fortune for Reliance Industries")
Can Reliance Industries' stock hit Rs 3,000 mark? Here's what charts say
As per the weekly chart, the counter looks highly bullish till Rs 2000 level is defended. It also indicates a substantial rally is likely to emerge once the counter crosses a minor hurdle of Rs 2,520
 "Can Reliance Industries' stock hit Rs 3,000 mark? Here's what charts say")
Reliance to offer $20-bn stake in retail business to Amazon: Report
Amazon hasn't made any final decision on the size of its potential investment, says Bloomberg
 "Reliance to offer $20-bn stake in retail business to Amazon: Report")
Middle East funds eye stakes worth over $750 mn in Reliance Retail: Report
The discussions come as Reliance earlier in the day said US private equity firm Silver Lake Partners will invest $1.02 billion in its retail business
 "Middle East funds eye stakes worth over $750 mn in Reliance Retail: Report")
KKR in advanced talks to invest $1 billion for stake in Reliance Retail
KKR is in discussions for a stake in Reliance Retail Ventures Ltd., a unit of the largest retailer in India, said the people, who asked not to be identified because the information isn't public
Silver Lake to invest Rs 7,500 cr in Reliance Retail for 1.75% equity
The investment in Reliance Retail comes a day after it led a $500 million funding round for Byju's that valued the Indian online education platform at around $10.8 billion
 "Silver Lake to invest Rs 7,500 cr in Reliance Retail for 1.75% equity")
This techie helps businesses speak to Indians in their own languages
Arvind Pani's firm is the first in the world to launch an Indian language support on Android platform in 2011 in partnership with Qualcomm
 "This techie helps businesses speak to Indians in their own languages")
Reliance Jio plans to roll out 100 million low-cost phones by December
These phones, which will be bundled with data packs, could be launched in December or early next year, sources in the know said
 "Reliance Jio plans to roll out 100 million low-cost phones by December")
Silver Lake in talks to take $1 billion stake in Reliance Retail: Report
Reliance, an oil-to-telecoms conglomerate controlled by India's richest man, Mukesh Ambani, is pitching its retail business as a formidable force
Isha, Akash Ambani, Byju, Poonawalla debut on Fortune's '40 under 40' list
The list covers five sectors including finance, technology, health, government/politics and media/entertainment
 "Isha, Akash Ambani, Byju, Poonawalla debut on Fortune's '40 under 40' list")
Why Premjis, Ambanis and Nadars beat non-family run companies
Family-owned businesses outdo peers in returns since 2006, suggests a Credit Suisse report
 "Why Premjis, Ambanis and Nadars beat non-family run companies")
Ambani-Biyani deal: Future Group's footprint to shrink by 80% in revenue
Future would be one of the top contract manufacturers in FMCG, fashion space but with wafer-thin margin
 "Ambani-Biyani deal: Future Group's footprint to shrink by 80% in revenue")
Reliance Retail-Future Group deal: Traders worried over retail mkt monopoly
Praveen Khandelwal, secretary general of Confederation of All India Traders said the deal will lead to monopoly and consequently unfair domination by the large player(s)
 "Reliance Retail-Future Group deal: Traders worried over retail mkt monopoly")
RIL-Future Group deal: RIL shares rally over 2.5%; Future Group stocks jump
Shares of RIL had hit an all-time high of Rs 2,198.70 on July 27, 2020.
 "RIL-Future Group deal: RIL shares rally over 2.5%; Future Group stocks jump")
The Future is in good hands; but will the promoter buyout come later?
Mukesh Ambani, despite being a later starter in the Retail Business, is today the undisputed emperor.
 "The Future is in good hands; but will the promoter buyout come later?")
Amazon to stick on as Future Enterprises' shareholder after Reliance deal
Rival Reliance Retail too will be investor in company
 "Amazon to stick on as Future Enterprises' shareholder after Reliance deal")
Reliance-Future Group deal to save lenders from Rs 12,000-crore hit
The financial instruments of Future group have gone through multiple rating downgrades in recent months due to the delay in payments
 "Reliance-Future Group deal to save lenders from Rs 12,000-crore hit")
Ambani-Biyani deal: RIL spreads wings to become a dominant player in retail
Gets scale, massive presence, higher valuation of its retail business, and inherits the entire logistics and distribution chain
 "Ambani-Biyani deal: RIL spreads wings to become a dominant player in retail")
Future goes to RIL: Biyani, pioneer of retail, bows to winds of change
Biyani (59), who started his business in 1987 by launching Manz Wear which later adopted the brand name of Pantaloon, has agreed to hand over the control of his retail empire to relatively new entrant
 "Future goes to RIL: Biyani, pioneer of retail, bows to winds of change")
From Bezos to Musk: World's richest people smashed wealth records this week
This week marked just the latest boon for the personal fortunes of the richest of the rich, whose red-hot growth has been largely driven by surging markets, particularly for tech shares
 "From Bezos to Musk: World's richest people smashed wealth records this week")
