Mukesh Ambani buys British company Stoke Park for $79 million
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard
FRIDAY, MAY 20, 2022
FRIDAY, MAY 20, 2022
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
Mukesh Ambani buys British company Stoke Park for $79 million

Global Economy

TBS Report
23 April, 2021, 10:40 am
Last modified: 23 April, 2021, 10:45 am

Related News

  • Ukraine says it gets $530 mln in US, UK grants from World Bank fund
  • EU ambassador to UK says bloc won't change mandate in Brexit talks
  • UK says there is a way through Turkey's concerns over Sweden, Finland joining NATO
  • Boris and his wife escape further fines as Partygate probe ends
  • UK cost of living crisis to peak later this year, BoE to press on with rate rises

Mukesh Ambani buys British company Stoke Park for $79 million

Stoke Park Ltd, which owns a hotel and golf course, will add to Reliance's consumer and hospitality assets, Reliance said in a filing late Thursday

TBS Report
23 April, 2021, 10:40 am
Last modified: 23 April, 2021, 10:45 am
One such industrialist is India's billionaire businessman Mukesh Ambani. Photo: Collected.
One such industrialist is India's billionaire businessman Mukesh Ambani. Photo: Collected.

Indian billionaire Mukesh Ambani recently bought UK-based company Stoke Park Ltd. for $79 million.

Stoke Park Ltd, which owns a hotel and golf course, will add to Reliance's consumer and hospitality assets, Reliance said in a filing late Thursday, reports the NDTV Citing Bloomberg.

Ambani, who is also Asia's richest person, is looking to pivot his oil-reliant business toward consumer offerings. In recent years he has bought iconic British toy store Hamleys and has quickly become India's biggest telecom operator by subscribers since starting services in 2016.

Facebook, Google and a clutch of private equity and sovereign wealth funds have invested more than $25 billion into his businesses betting on their success.

Top News / World+Biz

Mukesh Ambani / UK

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • US growth seen outpacing China’s for first time since 1976
    US growth seen outpacing China’s for first time since 1976
  • BNP misinterpreting PM's comment over Padma Bridge: Quader
    BNP misinterpreting PM's comment over Padma Bridge: Quader
  • Students suffer over costlier food at public university canteens
    Students suffer over costlier food at public university canteens

MOST VIEWED

  • US growth seen outpacing China’s for first time since 1976
    US growth seen outpacing China’s for first time since 1976
  • A worker displays grains of wheat at a mill in Beirut, Lebanon, March 1, 2022. REUTERS/Mohamed Azakir/File Photo
    Russia can offer 25 mln tonnes of grain for export starting on 1 Aug: UN envoy
  • A model of the natural gas pipeline is seen in front of displayed German and Russian flag colours in this illustration taken April 26, 2022. REUTERS/Dado Ruvic/Illustration
    Fearing Russian cutoff, German industry braces for gas rations race
  • A man walks past a Nationwide Building Society in London, Britain, May 22, 2019. REUTERS/Hannah McKay
    Britain's Nationwide annual profit nearly doubles
  • Protestors stand on a water cannon vehicle as they shout slogans during a protest organised by students near the President's House, amid the country's economic crisis, in Colombo, Sri Lanka, May 19, 2022. REUTERS/Adnan Abidi/File Photo
    'We are going to die': Sri Lanka warns of food shortages
  • A woman walks past the International Monetary Fund (IMF) logo at its headquarters in Washington, US, 10 May 12018. Photo: REUTERS
    IMF urges Asia to be mindful of spillover risks from tightening

Related News

  • Ukraine says it gets $530 mln in US, UK grants from World Bank fund
  • EU ambassador to UK says bloc won't change mandate in Brexit talks
  • UK says there is a way through Turkey's concerns over Sweden, Finland joining NATO
  • Boris and his wife escape further fines as Partygate probe ends
  • UK cost of living crisis to peak later this year, BoE to press on with rate rises

Features

Mohammad (Mejbah) Mejbahuddin, Former Senior Secretary, Economic Relations Division (ERD), Ministry of Finance, Government of Bangladesh. TBS Sketch

‘No project is being delayed too long at the moment’

4h | Panorama
Dr Shamsul Hoque, Professor, Civil Engineering, BUET. TBS Sketch

‘Planning commission only in the name, there are no planners’ 

4h | Panorama
Masrur Reaz. TBS Sketch

‘To ensure accountability, contract financing should be based on ‘performance based payments’

5h | Panorama
Professor Mustafizur Rahman. Illustration: TBS

Project delays and escalating costs are driven by frequent revisions and lack of good governance

8h | Panorama

More Videos from TBS

Ways to retain body fragrance

Ways to retain body fragrance

6h | Videos
Gazipur restaurant that serves 150 food items

Gazipur restaurant that serves 150 food items

9h | Videos
How to prepare for a job

How to prepare for a job

10h | Videos
Putin's strategies to face Nato

Putin's strategies to face Nato

22h | Videos

Most Read

1
Tk100 for bike, Tk2,400 for bus to cross Padma Bridge
Bangladesh

Tk100 for bike, Tk2,400 for bus to cross Padma Bridge

2
Representative Photo: Pixabay.
Bangladesh

Microplastics found in 5 local sugar brands

3
Mushfiq Mobarak. Photo: Noor-A-Alam
Panorama

Meet the Yale professor who anchors his research in Bangladesh and scales up interventions globally

4
A packet of US five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron
Banking

Dollar hits Tk100 mark in open market

5
The story of Bangladesh becoming a major bicycle exporter
Industry

The story of Bangladesh becoming a major bicycle exporter

6
PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire
Crime

PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire

The Business Standard
Top
  • Home
  • Entertainment
  • Sports
  • About Us
  • Bangladesh
  • International
  • Privacy Policy
  • Comment Policy
  • Contact Us
  • Economy
  • Sitemap
  • RSS

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net

Copyright © 2022 THE BUSINESS STANDARD All rights reserved. Technical Partner: RSI Lab