NEW YORK WEATHER

Reliance Industries Limited on Friday said a report claiming that the company’s chairperson Mukesh Ambani was planning to live in the United Kingdom with his family was “unwarranted and baseless speculation”.

“Reliance Industries Limited will like to clarify that the chairman and his family have no plans whatsoever to relocate or reside in London or anywhere else in the world,” the company said in a statement.

Unidentified people had told Mid-Day that Ambani and his family were likely to divide their time between London and Mumbai in the future. Ambani lives with his family at Antilia. The 27-storey building towers over swanky Altamount Road in Mumbai.

The newspaper had reported that the Ambani family was looking to make the 300-acre country club in Buckinghamshire, Stoke Park, their primary residence.

Earlier this year, the Reliance Industrial Investments and Holdings Limited had acquired the Stoke Park property at a reported price of Rs 592 crore.

In its statement, the multinational conglomerate said that the property was acquired to make it a premier golfing and sporting resort.

“This acquisition will add to the fast-growing consumer business of the group,” the statement said. “Simultaneously, it will also expand the footprint of India’s famed hospitality industry globally.”

Congress leader Gaurav Pandhi said that the situation was so bad under the Bharatiya…

Read more

donate button
Please choose the donation payment system

Donation Information

I would like to make a donation in the amount of:

$1,000$500$100$50Other

I would like this donation to repeat each month

Tribute Gift

Check here to donate in honor or memory of someone

Donor Information

Add me to your mailing list

NEW YORK WEATHER

Leave a Reply

Your email address will not be published. Required fields are marked *