Posted inIndia

The real reason Reliance’s shares are dropping

MUMBAI – Reliance Industries, India’s most valuable company, has rarely taken a corporate misstep. But recent market speculation about 63-year-old chairman Mukesh Ambani’s health has apparently wrongfooted the firm’s share price. Ambani, one of the world’s richest billionaires with an estimated net worth of around US$70 billion, has raced while others have stumbled through the […]