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The Latest Breaking News from Mukesh Ambani

The Weekly Wrap for Saturday, 2 July 2022

Having broken free from an ideologically balanced, swinging bench of justices, America's Supreme Court is now going hard on Constitutional literalism and states' rights. Roe last week, the EPA this week. The docket is full this year.

inkl Originals

SC stays Tripura HC order seeking threat perception details of Ambani family

The Supreme Court on Wednesday stayed the Tripura High Court orders that had sought from the Centre the details of threat perception based on which security cover was provided to Reliance Industries chairman Mukesh Ambani and his family in Mumbai.

Dynamite News

Supreme Court stays implementation of Tripura HC orders on security cover to Ambanis

Solicitor General Tushar Mehta, appearing for the Centre, said further proceedings before the High Court on the PIL shall also be stayed as Tripura has nothing to do with the security of individuals provided in Mumbai.

The Hindu

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Mukesh Ambani resigns from Reliance Jio Board, Akash appointed Chairman

Reliance Industries chairman Mukesh Ambani has resigned from the board of Reliance Jio handing over reigns to his elder son Akash Ambani, who will be Chairman of the Board of Directors.

Dynamite News

Supreme Court to hear Centre’s plea against Tripura HC order on security cover to Ambanis

Solicitor-General Tushar Mehta said he wants the appeal to be heard urgently as the High Court has asked Home Ministry officials to appear before it on June 28 with original records

The Hindu

Indian billionaire Mukesh Ambani and Apollo Global Management reportedly make £5bn Boots bid

In April an insider told BusinessLive eighth richest on earth was interested in buying the high street business

Birmingham Post

Reliance Industries and Apollo Global Management in £5bn bid for Boots

Mukesh Ambani teams up with US private equity fund, with Walgreens expected to retain minority stake

The Guardian - UK

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Who's in the running to buy Boots?

It has been reported that bidders for the High Street chemist chain have until mid May to submit final bids.

Birmingham Post

The world’s top 10 billionaires: Who are they, what is their net worths and how did they build their fortunes?

The rate of billionaires increases year on year, with the current number at 2,755 billionaires worldwide, according to Forbes magazine.

Evening Standard

Pradeep Sharma main conspirator in Mansukh Hiren killing: NIA

Central agency files affidavit in Bombay High Court

The Hindu

India's 2 Richest Bringing Their Fight To Media Space Spells Trouble For Netflix, Disney

Indian OTT space is heating up with the country's top two billionaire tycoons — Mukesh Ambani and Gautam Adani — gearing up to compete against each other.

Benzinga

Exclusive: Indian billionaire Mukesh Ambani definitely interested in buying Boots says source – having considered then dropped Chelsea FC bid

BusinessLive has been told his company Reliance Industries keen to build UK foothold, attracted by transparent regulations

Birmingham Post

Who owns Boots? Boots owner holds May deadline for £6billion bids to buy UK retailer

The new deal would have Boots undergo expansion into India, the Middle East and Southeast Asia.

Nottingham Post

India’s second richest man joins race to buy Boots

Mukesh Ambani is largest shareholder and chairman of retail-to-energy group Reliance Industries

Evening Standard

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Nottingham Post

Boots could be taken over by eighth richest man on earth as Mukesh Ambani in rumoured bid

He's believed to be teaming up with a US giant

The Independent UK

Mukesh Ambani and Apollo set for Boots takeover bid

It comes after Boots’ current owner, Walgreen Boots Alliance, announced a review of the UK business.

Birmingham Post

Eighth richest man on earth Mukesh Ambani rumoured to be planning joint takeover of Boots

Boots CEO Seb James stressed this month there was 'a lot of interest' in business amid fears £7bn sale had stalled

Daily Mirror

Richest sports team owners top 10 as Arsenal's Kroenkes above Newcastle's Saudi prince

Newcastle United have been tipped for European football dominance, yet many fans may be surprised to hear that Arsenal owner Stan Kroenke leads the Saudi Crown Prince in the richlist

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Benzinga

India's Tata Group Goes Head On With Amazon, To Roll Out New Super App For All Shopping Needs

The Indian conglomerate Tata Group will roll out an all-in-one e-commerce app allowing users to buy everything from apparel to airline tickets, Bloomberg reported. Mumbai-based Tata Digital Pvt’s digital services platform, Tata Neu, will go live to consumers on April 7. The report noted Tata Neu is expected to give more power to…

Benzinga

Amazon Dubs Take Over Of 800 Future Retail Stores By Reliance A 'Sham Transaction'

The ongoing tussle between the American e-commerce giant Amazon.com Inc. (NASDAQ: AMZN) and Indian retailer Future Retail (FRL) continued in the Delhi High Court on Tuesday (Indian Standard Time).

Benzinga

Adding $12B To Wealth In 2022, Indian Green Energy Tycoon Becomes Asia's Richest Person

While Tesla Inc. (NASADQ:TSLA) CEO Elon Musk remains the world’s richest person, Indian billionaire Gautam Adani has dethroned compatriot Mukesh Ambani to become the richest person in Asia.

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