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The Latest Breaking News from Mukesh Ambani

Who's in the running to buy Boots?

It has been reported that bidders for the High Street chemist chain have until mid May to submit final bids.

Birmingham Post

The world’s top 10 billionaires: Who are they, what is their net worths and how did they build their fortunes?

The rate of billionaires increases year on year, with the current number at 2,755 billionaires worldwide, according to Forbes magazine.

Evening Standard

Pradeep Sharma main conspirator in Mansukh Hiren killing: NIA

Central agency files affidavit in Bombay High Court

The Hindu

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India's 2 Richest Bringing Their Fight To Media Space Spells Trouble For Netflix, Disney

Indian OTT space is heating up with the country's top two billionaire tycoons — Mukesh Ambani and Gautam Adani — gearing up to compete against each other.

Benzinga

Exclusive: Indian billionaire Mukesh Ambani definitely interested in buying Boots says source – having considered then dropped Chelsea FC bid

BusinessLive has been told his company Reliance Industries keen to build UK foothold, attracted by transparent regulations

Birmingham Post

Who owns Boots? Boots owner holds May deadline for £6billion bids to buy UK retailer

The new deal would have Boots undergo expansion into India, the Middle East and Southeast Asia.

Nottingham Post

India’s second richest man joins race to buy Boots

Mukesh Ambani is largest shareholder and chairman of retail-to-energy group Reliance Industries

Evening Standard

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Boots could be taken over by eighth richest man on earth as Mukesh Ambani in rumoured bid

He's believed to be teaming up with a US giant

Nottingham Post

Mukesh Ambani and Apollo set for Boots takeover bid

It comes after Boots’ current owner, Walgreen Boots Alliance, announced a review of the UK business.

The Independent UK

Eighth richest man on earth Mukesh Ambani rumoured to be planning joint takeover of Boots

Boots CEO Seb James stressed this month there was 'a lot of interest' in business amid fears £7bn sale had stalled

Birmingham Post

How a creditor revolt scuttled Mukesh Ambani’s $3.2 billion retail deal

NEW DELHI: The preferential treatment of bondholders riled banks enough to reject a $3.2 billion rescue deal from one of Asia’s richest men for a debt-laden unprofitable retail chain, according to people familiar with the matter.

The Times of India

Gautam Adani surpasses Warren Buffett to become 5th richest person globally

NEW DELHI: Adani Group chief Gautam Adani has become the 5th richest person in world by surpassing Berkshire Hathway CEO Warren Buffett.

The Times of India

FRL shareholders' e-voting ends; EGM for shareholders, creditors to be held on April 20, 21

NEW DELHI: The electronic voting process for shareholders of the debt-ridden Future Retail Ltd (FRL) ended on Tuesday evening ahead of the meetings of the shareholders and creditors to approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail despite opposition from e-commerce major Amazon and…

The Times of India

Richest sports team owners top 10 as Arsenal's Kroenkes above Newcastle's Saudi prince

Newcastle United have been tipped for European football dominance, yet many fans may be surprised to hear that Arsenal owner Stan Kroenke leads the Saudi Crown Prince in the richlist

Daily Mirror

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The Times of India

Reliance studying possible bid for Walgreens’s boots chain

NEW DELHI: Billionaire Mukesh Ambani’s Reliance Industries is weighing a possible bid for Walgreens Boots Alliance Inc’s international drugstore unit, according to people familiar with the matter.

The Times of India

Gautam Adani wealth soars over $100 billion, becomes 6th richest in world

NEW DELHI: Adani Group chairman Gautam Adani on Tuesday became the 6th richest person in the world with a total wealth of $118 billion, according to the Bloomberg Billionaire's Index.

Benzinga

India's Tata Group Goes Head On With Amazon, To Roll Out New Super App For All Shopping Needs

The Indian conglomerate Tata Group will roll out an all-in-one e-commerce app allowing users to buy everything from apparel to airline tickets, Bloomberg reported. Mumbai-based Tata Digital Pvt’s digital services platform, Tata Neu, will go live to consumers on April 7. The report noted Tata Neu is expected to give more power to…

Benzinga

Amazon Dubs Take Over Of 800 Future Retail Stores By Reliance A 'Sham Transaction'

The ongoing tussle between the American e-commerce giant Amazon.com Inc. (NASDAQ: AMZN) and Indian retailer Future Retail (FRL) continued in the Delhi High Court on Tuesday (Indian Standard Time).

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The Times of India

Combined wealth of Indian billionaires grew 26% in FY22: Report

NEW DELHI: The total number of billionaires in India rose to a record 166 in fiscal year 2021-22, about 18.5 per cent higher than previous year, a report by Forbes showed on Tuesday.

The Times of India

Antilia bomb scare case: Ex-cop Vinayak Shinde took part in conspiracy, misused parole, says court

MUMBAI: A special NIA court here has held that former policeman Vinayak Shinde, prima facie, participated in the conspiracy to plant explosives near industrialist Mukesh Ambani's south Mumbai residence and "knowingly" misused parole granted to him in a fake encounter case.

The Times of India

Gautam Adani adds $49 billion wealth in 2021, higher than Jeff Bezos, Elon Musk

NEW DELHI: Gautam Adani, India's and Asia's second-richest person, added $49 billion to his wealth last year - more than the net addition of wealth by the top three global billionaires Elon Musk, Jeff Bezos and Bernard Arnault, the 2022 M3M Hurun Global Rich List said on Wednesday.

The Times of India

Mukesh Ambani's grandson Prithvi Ambani starts school today; here's a glimpse of his first day at the nursery

In March, 2019, Mukesh and Nita Ambani's eldest son Akash Ambani tied the knot with Shloka Mehta, daughter of businessman Russell Arunbhai Mehta.

The Times of India

Amazon calls Future store transfer to Reliance 'fraud'

NEW DELHI: Days after billionaire Mukesh Ambani-led group took some of the stores of Future Group, whose lease had expired due to the non-payment of rent, Amazon on Tuesday accused the two of 'fraud' and said such 'contumacious' transfer will be liable to legal action.

The Times of India

How Mukesh Ambani outfoxed Amazon in a $3.4 billion deal dispute

NEW DELHI: Amazon has been added to the list of companies that have been outmaneuvered by Mukesh Ambani’s juggernaut. Not only has he jolted the US giant in the fight to dominate India’s retail sector, he now holds all the cards in a $3.4 billion dogfight to buy a local…

The Times of India

Reliance Brands acquires majority stake in Abraham & Thakore

Reliance Retail Ventures Ltd, the retail arm of the Mukesh Ambani-led conglomerate RIL, announced an investment in 30-year-old designer brand Abraham Thakore (AT) for a majority stake.

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