According to sources, Mumbai-based NBFC Cosmea Financial Holdings withdrew from the competition to purchase the heavily indebted Reliance Capital Ltd (RCL) through an insolvency managed bid procedure. Sources claim Piramal Group is still interested in the auction process notwithstanding Cosmea and Piramal Group’s attempt to purchase the former company of the Anil Ambani Group. Sources […]
Mukesh Ambani: Power of Reliance Industries Limited. MUKESH DHIRUBHAI AMBANI (19 April 1957), the Most Powerful and Wealthiest man of India, a magnificient business tycoon who posses largest shares at RELIANCE INDUSTRIES LIMITED also owns FORTUNE GLOBAL 500, the second most valuable company by Market value. He takes the credit to stand 36th amongst the […]