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The Mehta Group of Companies, commonly referred to as the Mehta Group, is an Indian conglomerate based in Mumbai and headquartered in Gandhinagar, with subsidiaries in the United States, Canada, Kenya and Uganda. The group employs in excess of 15,000 people worldwide, and has an asset base in excess of US$350 million, as of April 2010.
Reliance Brands Licensee of foreign upmarket fashion brands. It had 595 stores and 744 shop-in-shops in 2021. [42] 10 AJIO E-commerce, fashion shopping website, officially launched at the Lakme Fashion Week SS16. [43] 11 JioMart: JioMart is the e-commerce venture of Reliance Retail that provides grocery delivery.
Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian billionaire and businessman who is the chairman and managing director of Reliance Industries. [4] He is the richest person in Asia and 9th richest in the world.
Billionaire Mukesh Ambani's Reliance has asked India's telecom regulator to review the potential reach of Elon Musk's Starlink and Amazon's Kuiper before awarding satellite spectrum amid concerns ...
Mehta used the ready forward deal and applied it to the Bank Receipts system of the Indian financial systems. This system was the most flawed system as the Janakiraman Committee restructured the entire Bank Receipts system after the 1992 scam. [11] Mehta used forged BR's to gain unsecured loans, and used several small banks to issue BRs on demand.
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On August 19, 2015 Reliance Industries received a license to run a payments bank from the Reserve Bank of India under Section 22 (1) of the Banking Regulation Act, 1949. It then partnered with the State Bank of India and incorporated Jio Payments Bank Limited in November 2016. Jio Payments Bank Limited is a 77:23 partnership between Reliance ...
The Competition Bureau filed complaints against Reliance and Direct Energy (then-owner of what is now Enercare) in 2012, alleging both companies engaged in anti-competitive behaviour by providing customers limited locations and time windows if they wished to return their rentals, and charging "unwarranted" cancellation fees.