Jul
11
2008
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. Speaking at the India Today Conclave here, Ambani said that knowledge and human values [...]
- Tags: 35 years, age, Ambani, billionaires, Business, cent, chairperson, Conclave, finance, financial strengths, Friday, Global, global leadership, growth, human values, india today conclave, indian entrepreneurs, Knowledge, Mukesh, mukesh ambani, Population, Reliance, reliance industries, rest, sify, today, warning, world, world leaders
Jul
11
2008
Billionaire Mukesh Ambani on Friday said Reliance Industries group will emerge as a “successful multinational” by focusing on overseas business.
Addressing over 40,000 employees of the group through a web-cast on the occasion of group founder Dhirubhai Ambani’s 75th birth anniversary on Friday, Mukesh said: “We will go global …We will have to imbibe and work [...]
- Tags: acquisition, acquisition specialist, Africa, africa europe, Ambani, America, billionaire, birth, birth anniversary, birthday, brother, celebration, companies in india, conglomerate, country, crore, Dhirubhai, Europe, europe and america, family, Friday, global expansion, global player, group founder, imbibe, Incidentally, India, industries group, market, market capitalisation, Mukesh, News, occasion, overseas business, Ratan, ratan tata, Reliance, reliance industries, rest, RIL, spreading their wings, takeover, Tata, tatas, Times, times of india, vacation, value, vision, wealth, web cast, work, world
Jul
11
2008
A feud between India’s Ambani brothers has resurfaced, this time over plans by the younger brother, Anil, to hold what will be India’s largest initial public offering, the Rs120bn ($3bn) listing of Reliance Power. Anil Ambani’s reliance Energy is understood to have sent a letter to India’s stock market regulator complaining that his older brother [...]
- Tags: Ambani, Anil, approval, blogger, Business, campaign, company, control, death, Dhirubhai, Energy, family, father, feud, governance, India, IPO, letter, listing, mother, offering, Power, regulator, Reliance, responsibility, rest, shareholder, smear, stock, Time
Jul
11
2008
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 today in his three group companies — India’s most valued firm Reliance [...]
- Tags: Ambani, America, america movil, american software, basis, billionaire, bull, business tycoon, Carlos Slim, carlos slim helu, Carso, cent, comparison, courtesy, crore, czar, firm, Global, group, Grupo, grupo carso, Helu, IDEAL, Inbursa, Inc, India, industrial infrastructure, Infrastructure, infrastructure ltd, investment, investment guru, Ltd, margin, mexican business, Monday, Movil, Mukesh, person, Petroleum, position, price, price rally, Reliance, reliance industries, reliance petroleum, richest in the world, richest person in the world, RIIL, RPL, run, saks inc, Stake, today, warren buffett, worth, yahoo india
Jul
11
2008
India’s stock market boom has catapulted the country’s biggest industrialist Mukesh Ambani within reach of becoming the richest Indian and one of the world’s 10 wealthiest people.
In a vivid illustration of India’s economic rise, Mr Ambani’s personal wealth has doubled to about $44bn (£21bn) in the past year thanks to a more than 100 per [...]
- Tags: Ambani, Anil, arcelor, brother, Business, businessman, conglomerate, control, country, Dhirubhai, economic rise, family business empire, feud, global rich list, group, increase, indian origin, industrialist, lakshmi n mittal, market, oil, personal wealth, Petroleum, petroleum refining, reach, Reliance, reliance industries, share, Stake, steel, steel company, stock, stock market boom, textile, vivid illustration, world
Jul
11
2008
Billionaire Mukesh Ambani’s Reliance Industries Ltd. and younger brother Anil’s Reliance Energy Ltd. group companies rose to records on speculation oil, gas and power investments will drive profit growth.Reliance Industries gained 3.6 percent and its unit, Reliance Petroleum Ltd. increased 8 percent on the Bombay Stock Exchange today. Anil’s Reliance Energy surged 8.3 percent, Reliance [...]
- Tags: Ambani, amp, Anil, billionaire, Bloomberg, Bombay, brother, Communications, communications ltd, Energy, group, investments, Ltd, Mukesh, Natural, natural resources, net worth, newsarchive, oil, oil gas, percent, Petroleum, pid, Power, profit, Reliance, reliance industries ltd, reliance petroleum ltd, rets, sid, speculation, stock, today, unit
Jul
10
2008
India capped natural gas prices 34 percent below a global benchmark, cutting returns for Reliance Industries Ltd., and deterring global companies from exploring.The government yesterday ordered Mumbai-based Reliance, India’s biggest company, to sell natural gas from the Krishna Godavari field for $4.2 per million British thermal units, less than the about $4.5 it was seeking. [...]
- Tags: amp, benchmark, Bloomberg, Caps, company, country, field, gas, global companies, godavari, government, India, Krishna, Ltd, Mumbai, Mumbai-based, Natural, natural gas price, natural gas prices, new delhi, newsarchive, oil, oil ministry, pid, producers, Reliance, reliance india, reliance industries, reliance industries ltd, sid, statement
Jul
10
2008
NEW DELHI (AFP) - The design specifications for the new dream home of Indian industrialist Mukesh Ambani feature everything a billionaire might desire.
The glass-and-steel vertical palace in India’s financial hub Mumbai will tower 173 metres (570 feet), have three helipads, indoor and outdoor pools and six floors of parking space for a fleet of 168 [...]
- Tags: AFP, Ambani, answer, arabian sea, billionaire, Commercial, company, design, development, donald trump, dream castle, everything, feature, financial hub, firm, fleet, India, industrialist, luxury, Maharashtra, maharashtra state government, Mumbai, new delhi, new dream, NEW YORK, news yahoo, old chief, outdoor pools, palace, panoramic views, parking, parking space, petrochemicals, property, Pvt, Reliance, reliance industries, reliance industries ltd, rest, sale, skyline, snag, State, storeys, Tower, trouble, trump tower, tycoon, void
Jul
10
2008
Reliance Energy Ltd., India’s second-biggest utility by sales, plans to spend $15 billion to contribute a fourth of the additional generation capacity to be added in the country in the next five years.The investment of 600 billion rupees will help add 15,000 megawatts, Chairman Anil Ambani said at a shareholders meeting in Mumbai today. The [...]
- Tags: Ambani, Anil, billionaire, chairman, company, Energy, energy ltd, generation, generation capacity, government, India, investment, Ltd, megawatts, Mumbai, newsarchive, next five years, pid, plan, publishe, Reliance, rest, rupees, shareholders meeting, sid, target, today, utility
Jul
10
2008
India’s biggest company by market value is “trying to drive us out of business by offering cheap rates,” said Pukar, who sells mangoes and pomegranates from his cart a kilometer from where a Reliance Fresh convenience store recently opened.
Investors concerned that Reliance Chairman Mukesh Ambani’s lack of retail experience will be a handicap should think [...]
- Tags: Ambani, amp, Bloomberg, Business, cart, chairman, company, convenience, convenience store, Fresh, handicap, India, kilometer, lack, market, middle-class, Mukesh, mukesh ambani, Mumbai-based, oil refinery, percent, pid, pukar, record, record profits, Reliance, retail experience, retail sales, retailing, revenue, s sales, supermarket, supermarket chain, surge, third, value
