Mukesh Ambani to set up Alphabet-like $15 billion digital company
NEW DELHI: Reliance Industries Limited (RIL), controlled by Asia’s richest man Mukesh Ambani, will set up a holding company on the lines of Alibaba Group Holdings and Alphabet that will create digital services and allow for a strategic or financial investor. The oil-to-retail conglomerate will infuse Rs 1.08 trillion ($15 billion) in the new company […]