It seems there is no end to the war between Mukesh Ambani of Reliance Industries Limited (RIL) and his younger sibling - Anil ambani, the promoter of Anil Dhirubhai Ambani Group (ADAG) - both of whom figure prominently in the top 10 of Forbe’s world’s richest people. The most recent spat came on 12th June […]
In an astonishing feat Anil Ambani, the younger sibling of the famed Ambani brothers and Chairman of Anil Dhirubhai Ambani Group has raised one trillion Rupees in just 5 hours through the public offerings of Reliance Power, an entity that has no real assets as of now but plans to build 13 […]
Source - The Telegraph, Kolkata, India.
Tokyo, June 12 (Reuters): The milestone that the global auto industry has been holding its collective breath for — Toyota Motor Corp’s unseating General Motors Corp as the world’s biggest carmaker — came last year instead of in 2007 as many had expected, according to a leading industry journal.
Detroit-based […]
Source - The Telegraph, Kolkata, India
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Mumbai, June 15: Vodafone Group Plc, which now holds a controlling stake in Hutchison Essar Ltd, is planning to invest $2 billion this year into the business even as it expects the cellular operator to add 1.5 million customers every month, Vodafone CEO Arun Sarin said today.
Sarin was […]