Zhong Shanshan is a private billionaire who is rarely quoted in the press. Now, after an unlikely career spanning journalism, mushroom farming and healthcare, he has become the richest person in Asia, outshining India’s Mukesh Ambani and a group of Chinese tech titans, including Jack Ma. . Zhong’s net worth …
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After holding protests in front of Reliance gas pumps and outlets, Punjab farmers protesting against the three core agricultural laws, intensifying their agitation, have now started to cut off the power supply to the Jio mobile towers. , disrupting the telecommunications giant’s services in various parts of the state. Farmers …
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Billionaires Mukesh Ambani and Sunil Mittal have once again deferred on the timing of the possible rollout of 5G technology. While Ambani, which controls the country’s largest telecommunications service provider Reliance Jio, said the company is ready to offer a fifth-generation wireless service by the second half of 2021, Bharti …
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BENGALURU: Kishore Biyani’s agreement to sell Future Group assets to Mukesh Ambaniis Dependency industries for Rs 24,713 crore is now on hold as the Singapore International Arbitration Center (SIAC) granted interim relief to Amazon from Jeff Bezos, for now, two people familiar with the matter said. Earlier this month, Amazon …
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Last week, Reliance Industries (RIL) achieved the coveted milestone of crossing $ 200 billion in market capitalization. There are less than 50 companies around the world that are valued at more than $ 200 billion. Morgan Stanley analyzed how the Mukesh Ambani-led firm compared to eight global firms when they …
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Ambani’s Reliance Industries Ltd. is said to be offering to sell an approximately $ 20 billion stake in its retail business to Amazon.com Inc., Bloomberg News reported this week. If Ambani manages to finalize such a deal, it would mark another victory for the billionaire, who in recent months has …
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NEW DELHI: The market valuation of Dependency industries (RIL) reached another milestone on Thursday. The company became the first publicly traded Indian firm to exceed $ 200 billion in market capitalization or m-cap. The company’s shares rose 6.2 percent in midday trading in Mumbai after hitting an intraday record. The …
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[ad_1] Mukesh Ambani announced his decision as Reliance Industries, the extensive telecommunications, manufacturing and oil refining conglomerate he runs, posted appalling profits. Net profits fell more than 37% to Rs 65 billion ($ 850 million) in the three months ending in March compared to the previous year, as the company …
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[ad_1] MUMBAI: The ubiquitous kirana shops in the Indian neighborhood are not only on consumers’ minds, given the closure, but have also caught the attention of billionaires Mukesh Ambani and Mark Zuckerberg. On Wednesday, the companies signed a trade pact to accelerate Reliance Retail’s JioMart platform by connecting nearby kirana …
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