
How Mukesh Ambani is rewriting RIL’s future
After two decades of relentlessly investing huge cash flows to create commodity-driven, asset-heavy businesses, the Reliance Industries chairman is thinking IPs, partnerships and, of course, data.
After two decades of relentlessly investing huge cash flows to create commodity-driven, asset-heavy businesses, the Reliance Industries chairman is thinking IPs, partnerships and, of course, data.
India’s richest man Mukesh Ambani bought Hamleys for about $88 mln. In the iconic toys brand, Reliance has a retail business that is expanding rapidly.
The history of how Anil Ambani got Reliance Infocomm, ran it to the ground, and finally got older brother Mukesh Ambani to come to his rescue and save him from a jail term.
The Anil Ambani-led company’s decision to go for insolvency proceedings may force stakeholders to rethink their stance.