Mukesh Ambani

Reliance To Launch ‘Independence’ FMCG Brand In Gujarat

Reliance To Launch ‘Independence’ FMCG Brand In Gujarat

On Thursday, Reliance announced the launch of its own Fast-moving Consumer Goods brand (FMCG) ‘Independence’ in Gujarat. With this, the company will enter the FMCG industry and sell products from staples to processed foods and other essentials.  The company plans to develop Gujarat as a ‘Go-to-market’ state to excel in the FMCG business and will…

Mukesh Ambani Plans To Buy English Football Club

Mukesh Ambani Plans To Buy English Football Club

Indian billionaire Mukesh Ambani has now entered the race to bid for the globally-renowned English Football Club Liverpool takeover. The club has been put on sale by Fenway Sports Group, the current owner, which bought it in October 2010, according to the reports.  This is not the first time Ambani is eyeing a stake in…

Reliance Launched First In-house Fashion Store, Azorte 

Reliance Launched First In-house Fashion Store, Azorte 

Mukesh Ambani continues to hold his position in the luxury market of fashion and lifestyle as Reliance Industries Ltd launched its first in-house premium fashion brand, Azorte, on Thursday in Bangalore. This new fashion brand is named Azorte and is expected to grow as a chain of stores all around the country. Billionaire’s daughter Isha…

Reliance Industries Is All Set To Acquire California-Based SenseHawk 

Reliance Industries Is All Set To Acquire California-Based SenseHawk 

Oil to telecom amalgamation Reliance Industries has final agreements with California-based software development company SenseHawk to acquire a 79.4% stake in the company. As per RIL’s official statement, the acquisition has a valuation of $32 million and will happen through primary infusion and secondary purchase.  Established in 2018, SenseHawk is a California-based company that develops…

Gautam Adani Now The World’s Third Richest Person

Gautam Adani Now The World’s Third Richest Person

Gautam Adani, Asia’s richest person, has become the world’s third richest man. With a whopping $ 137.4 billion fortune, Gautam Adani has taken over France’s businessman Bernard Arnault and now trails Elon Musk and Jeff Bezos of the US in the ranking.  It is the first time an Asian has broken into the top three…

5G Spectrum Sees Record-breaking Sales Of 1.45 Lakh Cr. On First Day

5G Spectrum Sees Record-breaking Sales Of 1.45 Lakh Cr. On First Day

The government saw record-breaking sales of 1.45 lakh crore on Tuesday, the first day of the 5G spectrum auction. This amount is much higher than sales in 2015 of 1.1 lakh crore. The highly desired high-speed network is expected to roll over in top cities in India from September-October.  The auction for the 5G spectrum…

Adani Group Enters 5G Spectrum, Reliance Jio, and Bharti Airtel In Competition

Adani Group Enters 5G Spectrum, Reliance Jio, and Bharti Airtel In Competition

Billionaire Gautam Adani’s group on Saturday confirmed its entry into the race to acquire a 5G spectrum, for which they have to apply for participation in the upcoming 5G spectrum auction. The company will use the technology to create a private network to support its business from airports to power as well as data centres.  …

Mukesh Ambani Resigns From Board Of Reliance Jio 

Mukesh Ambani Resigns From Board Of Reliance Jio 

Reliance Jio Infocomm on Tuesday said that Mukesh Ambani has stepped down from the chairmanship of the Board and approved the appointment of his elder son Akash Ambani as the new chairman of the company.  The resignation of Mukesh Ambani, one of the richest people in India, is effective from the close of the working…

Adani, TotalEnergies Joins Hands To Invest In Green Hydrogen

Adani, TotalEnergies Joins Hands To Invest In Green Hydrogen

Adani New Industry Ltd (ANIL) teamed up with TotalEnergies to invest $50 billion in green hydrogen, the deal was announced on Tuesday. French giant TotalEngeries will buy a quarter of the equity in ANIL, part of Adani’s eponymous group. The company will invest a set amount for a period of over ten years.  With this…

Who Is The Top 10 Richest Person in India?-Updated List 2022

Who Is The Top 10 Richest Person in India?-Updated List 2022

Wealth is something that doesn’t remain constant, and it keeps moving from person to person. Once the ‘Golden Bird’, India is still home to numerous deep-pocketed individuals and families. When it comes to wealthy individuals, India is in third place in the world after the USA and China in producing the number of silk-stocking individuals….

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