Reliance To Acquire Metro AG’s India Business
Reliance Industries Ltd will acquire German firm Metro AG's wholesale operations in India for Rs 2,850 crore as the conglomerate run by billionaire Mukesh Ambani seeks to strengthen its dominant position in India's mammoth retail sector.
Now the world’s second richest person is an Indian: Gautam Adani
The biggest financial newsmaker of the month with Indian perspective is Gautam Adani. Adani has now becomes the second richest individual in the world. As per the reports Adani’s net worth a hike of 3.49 per cent, has increased by $5.2 billion. The assessment was released by the Forbes Real Time Billionaires List which claims …
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