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Ambani family's wealth 10% of India GDP: 2024 Barclays-Hurun India report

Ambani family's wealth 10% of India GDP: 2024 Barclays-Hurun India report

Aug 09, 2024, at 10:13 pm

Mumbai/IBNS: The Ambani family has topped the inaugural Barclays-Hurun India most valuable family businesses list, with a valuation of Rs 25.75 trillion, which is almost equivalent to 10 percent of India’s Gross Domestic Product (GDP), reports Business Standard, quoting the 2024 Barclays-Hurun India report on the most valuable family businesses in the country.

Ambanis, Tatas to face tough competition as Aditya Birla Group forays into Indian jewellery retail market

Ambanis, Tatas to face tough competition as Aditya Birla Group forays into Indian jewellery retail market

Jul 29, 2024, at 08:43 pm

Mumbai/IBNS: The Indian jewellery retail market, which is largely dominated by the Ambanis and the Tatas, is set to witness intense competition with the Aditya Birla Group entering the Rs 6.7 trillion market with its in-house jewellery brand "Indriya".

Ambani, Adani collaborate as Reliance buys 26% stake in Adani Power project

Ambani, Adani collaborate as Reliance buys 26% stake in Adani Power project

Mar 29, 2024, at 02:58 am

Mumbai: In a first-ever collaboration between competing billionaires, Reliance Industries, led by Mukesh Ambani, has acquired a 26 percent stake in a Madhya Pradesh power project belonging to Gautam Adani.

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