mukeshambani

Mukesh Ambanis wealth tops Li Ka-shing as debt fuels Reliance growth

Mukesh Ambani has elbowed past Li Ka-shing to become Asias second-richest man as investors rallied behind his efforts to arm Indias poor with cheap data-loaded phones. Some analysts are beginning to focus on the costs of his ambition. The chairman of Reliance IndustriesBSE -0.18 % Ltd. has added $12.1 billion to his wealth this year, […]

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