With a net worth of about $80 billion, Ambani is again richer than Chinese tycoon Zhong Shanshan, whose bottled-water company tanked a record 20% this week.
Police said the owner of the SUV visited the police station after he saw visuals on TV of a car, found near Ambani's house Antilla, which was similar to his vehicle.
The vehicle was found on Carmichael Road near 'Antilia', Ambani's residence, a Mumbai Police official said. The explosive was not an assembled device, according to the bomb detection team.
Reliance is splitting its business to make it easier to bring in investors and expedite a proposed 20% stake sale to Saudi Aramco. It expects the separation to be completed by September.
After US imposed sanctions on Petroleos de Venezuela SA in 2019, in an effort to dislodge President Nicolas Maduro from power, 'oil swaps' (Venezuelan crude for diesel) were nixed.
Protesters have targeted the two tycoons amid the Centre-farmers dispute that has revived debate on what Modi’s critics call a cozy nexus between corporates and the govt.
Zhong Shanshan, chairman of Chinese bottled-water company Nongfu Spring, beat Warren Buffett, Larry Page and Steve Ballmer to become the sixth wealthiest person on earth.
The market regulator's order says Reliance operated to allegedly earn undue profits from sale of shares in Reliance Petroleum in both the cash and futures markets.
Zhong’s net worth has surged $70.9 billion this year to $77.8 billion, making him the 11th-richest person on the planet, according to the Bloomberg Billionaires Index.
Investors are watching Ambani’s every move as he overhauls his empire in the middle of a pandemic, wading into highly competitive industries & taking on rivals from Amazon to Walmart.
The graduation is meant to bolster the legacy and legitimacy of Sheikh Hasina's Awami League, even as the real-world preparedness lagged behind the glossy narrative.
Indonesia delegation led by Defence Minister Sjafrie Sjamsoeddin visited BrahMos facility & met with top officials & undertook a detailed briefing on the missile system.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
Whoopi doops !!! Mr. Money bags is now even richer ! I guess the rest of us are expected to celebrate !
Inherited wealth and DIY wealth are not in the same league. Indian press just wants to pat itself on the back about India. Not Mukesh’s fault.