Creating a record – Reliance Industries’ Chairman Mukesh Ambani has incredibly won an exceptional distinction of being the only trillionaire in the country with over Rs1,000 billion worth of wealth amassed through his shareholdings. Not far behind, younger brother Anil is also struggling to catch up in the race (with close to Rs900 billion worth of wealth in the stock market through his holdings in various group companies). The collective market value (capitalisation) of RIL, Reliance Petroleum (RPL), IPCL and Reliance Industrial Infrastructure Ltd. (RIIL) has crossed the Rs2,500 billion mark. In addition, the combined investors’ wealth in Reliance Communications (RCOM), Reliance Capital (RCL), Reliance Energy (REL) and Reliance Natural Resources Ltd. (RNRL) has touched the Rs1,424 billion mark.
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Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative