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Facebook Helps Asia’s Richest Man Shed Dependence on Oil

Facebook Helps Asia’s Richest Man Shed Dependence on Oil

(Bloomberg) -- For decades, Mukesh Ambani’s empire has been supported by the energy flank he inherited from his father. But when Ambani faces shareholders at Reliance...
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Ambani Prepares Facebook-Backed Unit for Overseas IPO

Ambani Prepares Facebook-Backed Unit for Overseas IPO

(Bloomberg) -- Reliance Industries Ltd. is working with banks on early preparations for an overseas listing of its digital and wireless business, people with knowledge...
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Ambani’s Jio Gets $873 Million Investment From General Atlantic

Ambani’s Jio Gets $873 Million Investment From General Atlantic

(Bloomberg) -- trendBillionaire Mukesh Ambani extended his fund-raising streak for Jio Platforms Ltd. by selling an $873 million stake to General Atlantic, an early...
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Mukesh Ambani, Indian's online retail store reliance

Asia’s Richest Man Mukesh Ambani Added $17 Billion to His Fortune in 2019

(Bloomberg) --It’s been a good year for Asia’s richest man, Mukesh Ambani. The Indian tycoon added almost $17 billion to his wealth as of Dec....
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Mukesh Ambani, Indian's online retail store reliance

Asia’s richest man breaks into club of six oil elites

(Bloomberg) --Reliance Industries Ltd., run by Asia’s richest man Mukesh Ambani, has eclipsed BP Plc to break into an elite club of energy supermajors. The...
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Mukesh Ambani, Indian's online retail store reliance

Ambani Readies India’s Alibaba With $24 Billion Holding Firm

(Bloomberg) --Billionaire Mukesh Ambani moved a step closer to creating an e-commerce giant for India, unveiling plans to set up a $24 billion digital-services...
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