Tag: #MukeshAmbani
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Google, Facebook investing in Indian-based digital platforms?
American multinational technology company, Google has on Wednesday, made an announcement that it would invest $4.5 billion in India’s Jio Platforms which is a unit of Reliance Industries that oversees music, movie and telecommunications ventures, respectively. According to reports, this investment will allow Google a stake of approximately 7.7 percent of the total shares in…
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Elon Musk is now richer than Warren Buffett
Elon Musk’s net worth soared past Warren Buffett as the chief executive officer of Tesla became the seventh richest person in the world, according to the Bloomberg Billionaires Index. Musk’s fortune rose by $6.07 billion to $70.5 billion following a 10.8 percent jump in the electric carmaker’s stock on Friday and a hefty donation by…
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Sneak Peek into Antilia- the kingdom of Ambanis
There are luxury homes, and then there’s Antilia, the Mumbai home of business magnate Mukesh Ambani, Chairman of Reliance Industries. Inspired by the mythical Atlantic island, Mukesh Ambani’s, located in South Mumbai’s Altamount Road is estimated to be the world’s second-most expensive property after the Buckingham Palace. Mukesh Ambani’s Antilia was designed by Chicago-based architects…
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Economic burnout: India’s struggling workforce
Mumbai, Jan 29 (AFP/APP): India’s government releases its 2020 budget on Saturday, facing stuttering growth and record unemployment and a jump in inflation that has further widened India’s wealth gap. A botched nationwide tax rollout, the 2016 shock cash ban, and a sharp liquidity crunch in the vast shadow banking sector all played their part…