The Indian Stock Exchange Board on Friday imposed a fine of 25 million rupees on Reliance Industries and 15 million rupees on its chairman, Mukesh Ambani, for manipulating shares of Reliance Petroleum Ltd (RPL) in November 2007. The issue relates to the manipulation during the sale and purchase of Reliance …
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Now filled with $ 27 billion in fresh capital, Asia’s richest man is under pressure to deliver. The 63-year-old Indian mogul is focused on a handful of priorities as he tries to turn Reliance Industries Ltd. from an old economy conglomerate into a tech and e-commerce titan, according to recent …
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Mukesh Ambani often presents Reliance telecommunications and retail companies as nation-building initiatives. Highlight Amazon behaves like East India Co: Lawyer On Fight for Future Group Reliance-Amazon’s Fight for Future Group May Hurt Foreign Investment Struggle for India’s $ 1 Trillion Retail Sector Kicks Off Debate Between Overseas and Local A …
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American online retailer Amazon.com Inc has sent a legal notice to Future Group, alleging that the sale of the retailer’s Rs 24,713 crore assets to Reliance Industries violated an agreement with the e-commerce giant. “We have initiated steps to enforce our contractual rights,” said a spokesman for the Seattle-based e-commerce …
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MUMBAI : Retail oil conglomerate Reliance Industries Ltd (RIL) is said to be in the race to acquire Debenhams, a British multinational retailer that operates department stores in the UK with franchise stores in other countries, Sky News reported Wednesday. “The Reliance Retail empire, which last year bought world-famous British …
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