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Topic: Mukesh Ambani


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In the News (Fri 27 Nov 09)

  
  Mukesh Ambani Profile - Executive Articles - Portfolio.com
Mukesh Ambani does business on an absurdly large scale, from his $1 billion house in Mumbai to the biggest oil refinery on earth.
Despite Ambani’s casual attitude toward time commitments, he is exacting when it comes to what he’ll talk about: He doesn’t like to be pinned down with inquiries about his business or the effects of his actions on his developing country.
Mukesh’s father, Dhirubhai, was born into a poor family in the state of Gujarat, rising from a scrappy textile trader into a mogul who initiated one of the country’s highest-profile initial public offerings, in 1977.
www.portfolio.com /executives/features/2007/10/15/Mukesh-Ambani-Profile   (4430 words)

  
  India Resource Center - Reliance: Bigger, Faster, Better
Ambani plans to invest $5 billion by 2011 to put both the farms and the stores on the road to modernity, connect them through a distribution system guided by the latest logistics technology, and create enough of a surplus to generate $20 billion in agricultural exports annually.
Mukesh Ambani's new cities were born, for example, from a recent reversal in the attitude of both state and federal governments, which are now willing to give private businessmen control over huge projects.
Ambani's farm, retail and energy visions merge at his Life Sciences Center in Mumbai, which is pursuing his "second green revolution." Founded in 2002, its research includes experiments in growing biofuels from the jatropha plant and cellulose on a commercial scale.
www.indiaresource.org /news/2006/1078.html   (2634 words)

  
 TIMEasia Magazine: The Families that Own Asia - Ambani
The 56-hectare Dhirubhai Ambani Knowledge City on the outskirts of Bombay is one of the showcases of India's high-tech sector.
Mukesh, now 46 and chairman of the group's flagship Reliance Industries, and Anil, its 44-year-old vice chairman, seemed so different from their father, a schoolteacher's son and self-made billionaire famed for his ability to work India's Byzantine bureaucracy to his advantage.
Mukesh is sedate and prefers spending time with his children or catching up on technical journals.
www.time.com /time/asia/covers/501040223/ambani.html   (791 words)

  
 No ownership issues: Mukesh Ambani
Mukesh, who returned from the US last night, said his remarks on ownership issues were "torn out of context".
Mukesh said as he was leaving a function (last week) a TV journalist said "there have been a lot of rumours about the Reliance Group and the way the businesses are going to go in the future".
Mukesh also utilised the opportunity to "strongly deplore some totally unjustified and tendentious comments" in a section of the media about Dhirubhai Ambani.
www.spiritofchennai.com /news/a0085.htm   (463 words)

  
 The Day After
Mukesh Ambani’s group companies, such as RIL, Reliance Petroleum, IPCL and Reliance Industrial Infrastructure Ltd, has reached about Rs 2,04,000 crore.The Wipro man managed the second position with a net worth of about Rs 64,700 crore whereas Mukesh’s younger brother Anil Ambani is at third spot with Rs 61,000 crore.
Ambani is now aiming to create a revolution in the two most neglected but largest sectors: Retail and farming.
Ambani has proved that he is the best by securing the position even after the division of family empire.
www.dayafterindia.com /oct206/business2.html   (461 words)

  
 Mukesh Ambani: The Mogul of Mumbai - Sify.com
Mukesh Ambani: The Mogul of Mumbai - Sify.com
Ambani is spending another $1.5 billion to build out his chain of Reliance gas stations from 1,200 to 6,000.
With 20 years of chemical construction behind him, Mukesh Ambani laid out a plan to build a refinery at Jamnagar that would easily be twice the size of any other in India, capable of handling 600,000 barrels of crude a day.
sify.com /finance/fullstory.php?id=14195512   (1699 words)

  
 Times of Oman   (Site not responding. Last check: )
NEW DELHI — The battle between the Ambani brothers intensified yesterday with Anil questioning his elder brother Mukesh on his assertion that ownership issues were settled in the lifetime of their father Dhirubhai Ambani.
Mukesh Ambani had said in a statement late last month that “Dhirubhai (the founder chairman of Reliance) took within his lifetime all steps to separate ownership from management and make Reliance a world-class professionally managed company.”
Mukesh Ambani had said on November 22 that all ‘ownership issues’ were ‘settled’ during the lifetime of late Dhirubhai Ambani.
www.timesofoman.com /print.asp?newsid=7105   (367 words)

  
 Mukesh Ambani slips easily into father's shoes- The Economic Times   (Site not responding. Last check: )
Mr Ambani said that Reliance was in the process of transition from a commodity producer to a company where one-third of cash flows would come from services, largely telecom services and oil and gas.
Mr Ambani was emphatic in denying rumours there he would eventually look after the new economy businesses while Anil would look after the other businesses.
Mr Ambani said that Reliance Infocomm’s progress was "faster than I had anticipated," though he declined to be drawn into specifics.
economictimes.indiatimes.com /articleshow.asp?artid=17793416   (819 words)

  
 Mukesh Ambani - Wikipedia, the free encyclopedia
Mukesh Ambani is the chairman and managing director of Reliance Industries Limited, India's largest private sector company.
Mukesh and younger brother Anil Ambani are sons of the founder of Reliance Industries, Dhirubhai Ambani (1932-2002).
Mukesh Ambani has set up the largest and most complex information and communications technology initiative in the world in the form of Reliance Infocomm Limited.
en.wikipedia.org /wiki/Mukesh_Ambani   (497 words)

  
 Mukesh Ambani: ZoomInfo Business People Information
Mukesh Ambani, 47, a chemical engineering graduate from Mumbai University who loves street food and shuns the limelight, took over as chairman.
Mukesh is chairman of Infocomm and Indian Petrochemicals; Anil is chairman of Reliance Energy.
Ambani is Chairman of the Foundation for the International Federation of Red Cross and Red Crescent Societies, Geneva.
www.zoominfo.com /people/ambani_mukhesh_277666359.aspx   (803 words)

  
 Mukesh Ambani crowned RIL chairman, Anil is VC   (Site not responding. Last check: )
Mukesh Ambani crowned RIL chairman, Anil is VC Mukesh Ambani, the elder son of Dhirubhai Ambani, was named chairman and managing director of Reliance Industries.
While Anil Ambani proposed the name of Mukesh Ambani to the chairman’s post, Anil Ambani’s name for the vice-chairmanship was proposed by Mukesh Ambani.
Before his death, Dhirubhai Ambani was the chairman of the group; Mukesh Ambani was vice-chairman and managing director; while Anil was the managing director.
www.helplinelaw.com /news/0702/buambani0702.php   (466 words)

  
 Mukesh Ambani soon to join world's 10 richest : UK World
Ambani is currently 14th on the Forbes' list of the world's 20 top billionaires and his younger brother Anil, with whom he split the business empire two years ago, is at number 18.
But Mukesh Ambani's wealth has more than doubled since the publication of the list, when he was valued at $20.1 billion.
Together with the rupee's rise against the dollar, this has increased the value of Mukesh Ambani's 47 percent stake in the company to around $41 billion, while his other investments are worth about $3 billion.
www.earthtimes.org /articles/show/121230.html   (478 words)

  
 The Telegraph - Calcutta : Frontpage
Anil Ambani with Manmohan Singh at the launch of the Metro rail construction in Mumbai.
The Mukesh camp had been talking about the agri-business initiative, consisting of a network of farm product purchase and distribution centres, but sprang something of a surprise in the announcement about laying a pipeline to Haldia to bring gas Reliance has discovered in the Bay of Bengal.
Mukesh, who said it was a privilege to work with the Bengal government, added: “We want to transform the agri-retail sector to bring prosperity to the farmers of Bengal.
www.telegraphindia.com /1060622/asp/frontpage/story_6385306.asp   (544 words)

  
 Anil spurns Mukesh's settlement offer
Mukesh Ambani has begun making overtures to his brother Anil Ambani, for splitting the Reliance group between them.
It is also an offer in which Anil Ambani gets nothing out of the promoter holdings in RIL (46 per cent of the total), other than the small number of shares in his name.
From Anil Ambani's perspective, the value of the two companies being offered to him is a small percentage of the Rs 42,794 crore (Rs 427.94 billion) that the promoter's shareholding in all Reliance group companies is valued at, at current share market prices.
specials.rediff.com /money/2004/dec/06ril.htm   (456 words)

  
 Mukesh Ambani features in Newsweek magazine cover story
It said Ambani was all that even before a bitter internal feud led to a split in his family conglomerate.
Ambani plans, according to the storty, to invest five billion dollar by 2011 to put both farms and stores on the road to modernity, connect them through a distribution system guided by the latest logistics technology and create enough of a surplus to generate 20 billion dollar in agricultural exports annually.
According to the story, Ambani's favourite scheme aims to revolutionize in one swoop two of India's largest but most backward sectors: farming and retail.
news.webindia123.com /news/Articles/World/20060710/386338.html   (358 words)

  
 Mukesh Ambani - AskMen.com
Mukesh Ambani is the chairman and managing director of oil conglomerate Reliance Industries Limited, the largest private sector company in India.
Born in 1957 in Yemen, Mukesh D. Ambani is the first son of a legend and icon of the Indian business world, Dhirubhai Ambani, a man whose rags-to-riches story of building the industry giant Reliance Industries is never short on hyperbole.
Mukesh Ambani talks about his childhood with deep affection, specifically about the manner in which his father chose to have Mukesh and his siblings educated.
www.askmen.com /men/business_politics_60/95_mukesh_ambani.html   (770 words)

  
 The Tribune, Chandigarh, India - Main News
Mr Mukesh Ambani of Reliance Industries is planning to set up a fresh-food chain in Punjab with an initial investment of Rs 5,000 crore.
Informed sources say that Mr Ambani will start his operations in this region from December 28, the day his father, the late Dhirubhai Ambani, was born in 1932.
"Mr Mukesh Ambani wants that Punjab farmers should get returns at least on a par with the US farmers (45 paise) for their produce worth Re 1," the informed sources said.
www.tribuneindia.com /2005/20051018/main7.htm   (416 words)

  
 Mukesh Ambani’s Retail Plans « Kamla Bhatt
Mukesh Ambani and his Reliance retail plans is the subject of a must-read article published in TimesOnline.
Ambani has bought a fleet of planes to transport fresh fruits and vegetable across the country.
The Ambanis are experts at out of the box thinking and the speed and efficiency with which they execute maga projects is mins boffling.
kamlabhatt.wordpress.com /2006/10/08/anil-ambanis-retail-plans   (369 words)

  
 Headlines - Remarks by Mukesh Ambani - Stanford GSB
Ambani joined the Reliance in 1981 and initiated reliance backward integration from textiles to polyester fibers and further into petrochemicals.
Ambani directed the creation of the world's largest grass roots petroleum refinery in India and is credited with bringing financial innovations into the Indian capitol markets as well as pioneering India's entry into overseas capital markets.
Ambani as one of the top 50 most respected leaders of the world.
www.gsb.stanford.edu /news/headlines/2004globalconf_ambani_speech.shtml   (5410 words)

  
 Riding the Elephant Mukesh Ambani «
Mukesh Ambani, RIL’s chairman, heralded the change in a speech at the company’s annual meeting last October, when he said that accepting partnerships with other companies would be one of five “fundamental strategic shifts” in approach.
Mukesh Ambani is of course hugely successful, controlling and actively running one of India’s two biggest groups with a market capitalization that last week topped $100 billion (four times that of General Motors) - and personal wealth of $45 billion, which makes him the world’s fifth richest businessman, just $11 billion behind Microsoft’s Bill Gates.
Mukesh Ambani, chairman of Reliance Industries (RIL), one of India’s two largest business groups, has been wowing people with his drive and ability for many years, especially since his father died five years ago and he and his brother Anil split the family business empire in 2005.
ridingtheelephant.blogs.fortune.cnn.com /category/mukesh-ambani   (7201 words)

  
 CFR Bio: Mukesh D. Ambani - Council on Foreign Relations
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Ambani is chairman and managing director of Reliance Industries Limited and chairman of Indian Petrochemicals Corporation Limited.
Ambani is steering Reliance's initiatives in a world scale, offshore, deep water oil and gas exploration and production program, a pan-India petroleum retail network involving 5,800 outlets and a research-led life sciences initiative covering medical, plant and industrial biotechnology.
www.cfr.org /bios/10798/mukesh_d_ambani.html   (275 words)

  
 Mukesh Ambani | Reliance Industries | Dhirubhai Ambani | Worlds Richest Men
Mukesh Ambani is the face of new emerging India He Joined Reliance in 1981.
Mukesh Ambani is the man behind creation of the world's largest petroleum refinery at Jamnagar, India, with a current capacity of 660,000 barrels per day integrated with petrochemicals, power generation, port and related infrastructure, He has entered retail sector in a big way.
Mukesh Ambani is a member of the Prime Minister's Council on Trade and Industry, Government of India, Council of Scientific and Industrial Research (CSIR) Society, India.
living.oneindia.in /celebrity/other-celebrities/mukesh-ambani-reliance-industries.html   (611 words)

  
 Land for Mukesh Ambani's skyscraper is 'illegal'
Mumbai: Mukesh Ambani’s multi storeyed mansion in Mumbai has been declared as illegal by the Maharashtra government after it received complaints that the WAKF board did not have the rights to sell the land for the building.
That's because the building called Antilia meant to be home to India's richest man Mukesh Ambani stands on a 4500 sq metre plot that was acquired from the WAKF board.
And even while Mukesh Ambani has kept mum over the entire controversy sources say the Ambani camp along with the WAKF board is now preparing to challenge government order in the court.
www.ibnlive.com /news/land-meant-for-mukesh-ambanis-skyscraper-ruled-illegal/44000-7.html   (519 words)

  
 INDOlink - India Business News - My Decision Final On All Issues, Asserts Mukesh Ambani
Mumbai, Nov. 23 (NNN): In yet another twist in the Ambani family feud, Reliance Industries Chairman and Managing Director (CMD) Mukesh Ambani on Tuesday asserted that the CMD's decision is final on all Reliance issues.
Yesterday, Mukesh Ambani had issued a press release saying that he had been misquoted on his statement on the ownership issue.
In a bid to quell a raging controversy in the market and corporate world, Mukesh had issued a statement on Monday saying that his remarks on a private TV channel last week were 'torn out of context' and that their father had 'settled all issues pertaining to Reliance within his lifetime.'
www.indolink.com /displayArticleS.php?id=112304075310   (481 words)

  
 Anil Ambani and Mukesh Ambani of Reliance to split?
Mukesh Ambani, the elder of the two Ambani brothers, was leaving a function in Mumbai around 10.00 at night where Microsoft CEO Steve Ballmer delivered a lecture on Innovation.
Menaka Doshi went so far as to say that if Mukesh is not comfortable to have the camera on, she is willing to switch it off for an out-of-record comment.
Mukesh was unfazed, and answered -- without asking for the camera to be switched off -- that there are "Ownership Issues" in Reliance, "but they are in the private domain." He went to say that Reliance is a professionally managed group.
www.dancewithshadows.com /anil_ambani_mukesh_split1.asp   (492 words)

  
 Tehelka - The People's Paper   (Site not responding. Last check: )
The evening began with Mukesh Ambani introducing the ‘towering figure’ of Ballmer who is a ‘household name all over the world’.
Before he dropped a bombshell, Ballmer said: “I hope he (Mukesh) won’t mind.” “But in our class in Stanford Business School, there were exactly two people who dropped out at the end of the first year, me and Mukesh,” disclosed Ballmer with a beaming smile to a round of loud applause from those present.
On that occasion, Mukesh Ambani talked about how Reliance has moved beyond a few individuals and was ‘one of the strongest, professionally managed’ organisations in the country.
www.tehelka.com /story_main10.asp?filename=Bu010105is_mda.asp   (1013 words)

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