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Mukesh Ambani slips to 13th rank on world's richest billionaires list as RIL shares fall 18% from 52-week high

Updated Jan 09, 2021 | 07:41 IST Over the last 3 months, RIL shares have declined nearly 14% and 18.3% from its all-time high level of Rs 2,369.35 touched after the announcement of its deal to buy retail and wholesale assets of Future group. Mukesh Ambani rose to fourth position on the Bloomberg Billionaires Index in August 2020.&nbsp New Delhi: Reliance Industries chairman and managing director Mukesh Ambani, who is also Indias richest person, has slipped further on the ...
New Delhi Mukesh Ambani Reliance Industries Bloomberg Billionaire Index Future Coupons Kishore Biyani Led

Amazon knew fully about talks with RIL for retail assets' sale: Kishore Biyani

Amazon knew fully about talks with RIL for retail assets sale: Kishore Biyani Biyani said the US giants 2019 investment in Future Coupons Pvt Ltd (FCPL) -- Future Retails parent -- was for coupon and gifting business only and the same could continue post-retail assets going to Reliance PTI | January 6, 2021 | Updated 09:15 IST Future Group Founder and CEO Kishore Biyani Future Group Founder and CEO Kishore Biyani on Tuesday said Amazon was fully aware of his groups talks with Reliance Industri...
Adani Wilmar Sourav Ganguly Coupons Pvt Ltd Reliance Retail Ventures Ltd Reliance Industries Ltd Group Founder

Mukesh Ambani is no longer Asia's richest person, meet the new Chinese man who dethroned him

Updated Dec 31, 2020 | 07:55 IST Zhong Shanshans net worth has soared $70.9 billion this year to $77.8 billion, making him the richest person in Asia, knocking RIL Chairman Mukesh Ambani from his mantle. Mukesh Ambani is no longer Asias richest person, meet the new Chinese man who dethroned him. (File Photo)&nbsp | &nbspPhoto Credit:&nbspBCCL New Delhi: Reliance Industries (RIL) Chairman and Managing Director Mukesh Ambani is no longer Asia’s richest person. The Indian ...
Hong Kong New Delhi Mukesh Ambani Zhong Shanshan Lone Wolf Motilal Oswal

Richest person of Asia: Mukesh Ambani loses title to Zhong Shanshan of China

Richest person of Asia: Mukesh Ambani loses title to Zhong Shanshan of China By Sameer|   Published: 31st December 2020 10:19 am IST New Delhi: Mukesh Ambani, Chairman of Reliance Industries Ltd. (RIL) is no longer the richest person of Asia. He lost the title to Zhong Shanshan, founder of Nongfu Spring, China’s largest bottled water company. The chairman of RIL who had earlier lost the spot in top 10 richest persons in the world is currently at 12th position on Bloomberg Billionaire Index. ...
New Delhi Mukesh Ambani Zhong Shanshan Lone Wolf Reliance Industries Ltd Reliance Industries
Source: siasat.com

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From brink to recovery: India's battered retail sector hopes for better 2021

New Delhi: With an epic battle of billionaires for supremacy in one of the world’s most prolific markets and a pandemic-propelled surge in online shopping in the background, India’s nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the new year. In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world’s wealthiest man, and ...
New Delhi Rajat Wahi Indian Mukesh Ambani Kumar Rajagopalan Adarsh Menon Jeff Bezos

Future Group gets new lease of life as Reliance Retail places large orders ahead of Republic Day sale event

Updated Dec 30, 2020 | 09:12 IST Future Group is reopening its offices, hiring top management executives across formats, Future Group founder Kishore Biyani told employees in an email. Representational image&nbsp Key Highlights The retail chain operator had trimmed its operations due to a severe cash crunch amid the Covid-19 led nation-wide lockdown.  In an email to employees, Kishore Biyani said Future Consumer and Future Enterprises have received large orders from Rel...
New Delhi Kishore Biyani Competition Commission Of India Reliance Industries Singapore International Arbitration Centre Future Group

From The Brink To Recovery, India's Retail Sector Pins Hope On 2021

From the brink to recovery, Indias retail sector pins hope on 2021 In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the worlds wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach USD 1.3 trillion by 2025. PTI December 29, 2020 / 01:32 PM IST V2 Retail: Bennett Coleman & Company sold ano...
Rajat Wahi Indian Mukesh Ambani Kumar Rajagopalan Adarsh Menon Jeff Bezos Devendra Chawla

Future Retail vs Amazon | Future Retail writes to Sebi, asks to expedite review of deal with Reliance Retail quickly

Updated Dec 29, 2020 | 18:12 IST Kishore Biyani-led Future Retail has reportedly written a letter to Sebi citing the Delhi HC ruling that the retail companys board decision to allow the merger of listed entities and sell retail assets to RIL Future Retail writes to Sebi, asks to expedite review of deal with Reliance Retail quickly.&nbsp | &nbspPhoto Credit:&nbspBCCL New Delhi: Kishore Biyani-led Future Retail Ltd (FRL) has asked the Securities and Exchange Board of India ...
New Delhi Ashishk Singh Kishore Biyani Reliance Retail Ventures Ltd Reliance Industries Ltd Kishore Future Retail Ltd

From brink to recovery, India's retail sector pins hope on 2021

From brink to recovery, Indias retail sector pins hope on 2021 With lockdowns heavily restricting physical store sales and consumers flocking to online mode of shopping, 2020 saw a dramatic shift in consumption behaviour and adoption of the digital medium PTI | December 29, 2020 | Updated 16:01 IST Even as COVID-19 kept retailers on their toes in 2020, some of them were busy making deals With an epic battle of billionaires for supremacy in one of the worlds most prolific markets and a pandemic...
Rajat Wahi Indian Mukesh Ambani Kumar Rajagopalan Adarsh Menon Jeff Bezos Devendra Chawla

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