India Insight: Ambani, a maverick Rockefeller

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Data is the new oil for Mukesh Ambani who wants his $185 bln Reliance to serve all the needs of Indian consumers. With the backing of America’s tech monopolists, the tycoon will amass power until told to stop, says ugalani:

India’s Reliance Industries said on Aug. 18 that it had bought a majority stake in online pharmacy Netmeds for 6.2 billion rupees .

Separately, China's ByteDance is in early talks with Reliance for an investment in its video-based app TikTok's business in India, TechCrunch reported on Aug. 13, citing sources. The two companies began conversations late last month and have not reached a deal yet, according to the report. Reliance is also looking to pay up to 270 billion rupees, about $3.6 billion, to buy the Indian retail chains owned by Future Group, Mint newspaper reported on July 29, citing two sources familiar with details of the deal.

 

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ReutersBiz ugalani

ReutersBiz ugalani this bastard is a criminal even his father was a criminal, modi works for him.

ugalani Irrelevant and unnecessary two line comparison between Ambani and Rockefeller.

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Breakingviews - India Insight: Ambani, a maverick Rockefeller(Reuters Breakingviews) - It all comes back to one person. Mukesh Ambani, India’s richest man, is emerging as a modern John D. Rockefeller. The American industrialist amassed huge wealth and power through the rail-and-energy cartel he built in the 19th century. Standard Oil was eventually broken up, giving birth to U.S. antitrust law. For Ambani, data is the new oil. His $185 billion Reliance Industries already comprises India’s largest telephone operator, Jio, plus the country’s biggest retailer. And with the backing of America’s own technology monopolists, he will be able to accumulate power until he’s told to stop. Well look he close one eye....all same. Why do girls live longer than boys? -Because Shopping never causes heart attack. But, Paying bill does.😂 Follow TipsQt Out of millions of pictures of him why put out a pick like this? Doesn’t make any sense. Or is it because he is an Indian Businessman & that’s why in whichever way possible he can be downgraded?
Source: Reuters - 🏆 2. / 97 Read more »

Breakingviews - India Insight: Ambani, a maverick Rockefeller(Reuters Breakingviews) - It all comes back to one person. Mukesh Ambani, India’s richest man, is emerging as a modern John D. Rockefeller. The American industrialist amassed huge wealth and power through the rail-and-energy cartel he built in the 19th century. Standard Oil was eventually broken up, giving birth to U.S. antitrust law. For Ambani, data is the new oil. His $185 billion Reliance Industries already comprises India’s largest telephone operator, Jio, plus the country’s biggest retailer. And with the backing of America’s own technology monopolists, he will be able to accumulate power until he’s told to stop. Well look he close one eye....all same. Why do girls live longer than boys? -Because Shopping never causes heart attack. But, Paying bill does.😂 Follow TipsQt Out of millions of pictures of him why put out a pick like this? Doesn’t make any sense. Or is it because he is an Indian Businessman & that’s why in whichever way possible he can be downgraded?
Source: Reuters - 🏆 2. / 97 Read more »