Adani now world’s fifth richest person

Adani Group Chairman Gautam Adani has become the world’s fifth-richest person overtaking legendary investor Warren Buffett, according to Forbes data. According to Forbes estimates,, while Warren Buffett’s….

Reliance Retail acquires lingerie brand for huge sum

Reliance Retail, owned by billionaire Mukesh Ambani, said on Sunday it acquired a majority stake in Purple Panda Fashions Private Limited, which owns a popular lingerie brand, for $125 million, further expanding in the apparel and underwear sectors.