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Such controversial passages still appear in the Australian publication of the book. As a result of the sanitation of Ambani & Sons along with fight between Mukesh Ambani and Anil Ambani that has gained large attention from the media, this book was not met with the same legal threats as The Polyester Prince. [33] [29]
Mukesh Ambani holds a 50.4% stake in the company. [70] This move kept his salary capped at ₹150 million for the fourth year in a row. [71] In early 2019, a court in Mumbai held his younger brother, Anil Ambani, in criminal contempt for non-payment of personally guaranteed debt Reliance Communications owed to Swedish gearmaker Ericsson ...
Anil Ambani is the youngest son of the founder of Reliance Industries, Dhirubhai Ambani and his wife Kokilaben Ambani. Ambani has said that his father would lead the brothers on "incentive-oriented outings" where they would be rewarded with a box of mangoes for a 10-km (6 mile) hike, but also punished them for acting out in front of guests. [9]
India's richest man Mukesh Ambani, who controls oil-to-telecoms powerhouse Reliance Industries, appears to have offered support to ensure Anil Ambani paid off total dues of 5.5 billion rupees ($80 ...
The father of the groom is Mukesh Ambani, 66, currently the world’s 9th richest man with a net worth of $116 billion, according to Forbes. He is also the richest person in Asia.
It also covers the legal dispute between Mukesh Ambani and Anil Ambani over the pricing of gas supply between their two firms. [ 3 ] [ 4 ] It discusses technical issues of deep-sea drilling. It also includes an investigative report prepared by the Comptroller and Auditor General of India (CAG) of the alleged malpractices of Reliance Industries ...
(Bloomberg Opinion) -- A vanilla commercial dispute is setting the stage for a clash between the world’s No. 1 and No. 6 richest men. But the legal wrangling is a sideshow. What Jeff Bezos and ...
So finally Mukesh Ambani was elected as the CEO and Anil Ambani was elected as the chairperson. As of 2017, the company had more than 250,000 employees. In 2012, Reliance Industries was one of the two Indian companies to be ranked among the top 100 in the Fortune 500 list of the world's largest companies by revenue.