Mukesh Ambani Will Invest Rs 5,000 Crore In Isha Ambani-Led Company, And RIL Is Planning To Invest Rs 14,200 Crore.
Reliance Retail Ventures Limited, Which Is Run By Isha Ambani, Will Get A Sizable Investment In The Amount Of Rs 5000 Crore From The Projected Rs 14,200 Crore.
The Wealthy Person In India And Asia, Mukesh Ambani, Is In Charge Of Reliance Industries, Which Has A Market Value Of More Than Rs 17 TRILlion And Is The Most Valuable Firm In The Nation. Mukesh Ambani And His Children, Including Isha Ambani, Akash Ambani, And Anant Ambani, Are In Charge Of A Variety Of Subsidiaries And Joint Ventures That Are Managed By One Of The Most Successful Businesses In India, Reliance Industries. Every Year, The Rs 17 TRILlion Corporation Makes Large Investments In Each Of Its Subsidiaries. According To The Company’s Announcement To The Markets, Reliance Industries Would Likely Invest Over Rs 14,200 Crore In Its Subsidiaries This Fiscal Year.
Isha Ambani-Led Reliance Retail Ventures Limited Would Get A Sizable Investment In The Amount Of Rs 5000 Crore From The Projected Rs 14,200 Crore. In August 2022, Mukesh Ambani Named Isha Ambani As The New Ceo Of Reliance Retail. The Company Was Able To Have A Turnover Of Rs 2 Lakh Crore At That Time. As A Reliance Retail Brand Partner, Jimmy Choo, Georgio Armani, Hugo Boss, Versace, Michael Kors, Brooks Brothers, Armani Exchange, Burberry, And Many Other International Brands Are Offered In India.
Brokerage Company Bernstein Has Now Estimated Reliance Retail To Be Worth A Staggering Rs 9,26,055 Crore ($112 Billion). According To The Bernstein Assessment, Reliance Retail Is Worth Nearly Twice As Much As RIL’s Oil-To-Chemicals (O2c) Division, Which Is Valued At Rs 47,12,95 Crore ($57 Billion).
According To Reports, Mukesh Ambani Would Also Contribute Around Half Of The Budgeted Sum To Alok Industries (Ail). The Firm Would Be Able To Satisfy Its Finance Needs Thanks To The Rs 7,000 Crore Investment In Ail’s Securities, Loans & Advances, And Guarantees.
For Those Who Are Not Aware, Alok Industries Was Purchased By Reliance Industries And Jm Financial Arc In 2019. Alok Industries Has A 40% Stake Owned By Mukesh Ambani. Reliance Industries Expects To Sell Goods And Services To Alok Industries For A Total Of Rs 5000 Crore Over The Fiscal Year.
Source : DNA