Word: mukesh
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After Dhirubhai died in July 2002, his sons, Mukesh and Anil (estimated combined net worth: $2.8 billion), took control. They have been on an expansion tear ever since, successfully bolstering Reliance's presence in power generation, oil exploration, finance and biotech, and consolidating the company's position as a leading player in India's fast-growing telecom sector. With revenues of $16.8 billion, Reliance last year accounted for 3.5% of India's GDP. So confident are Indians in the firm's future that 1 out of every 4 stock-owning citizens hold Reliance shares...
...Mukesh Kapila, the former United Nations humanitarian coordinator in Sudan, recently called Darfur “the world’s greatest humanitarian crisis.” He added, “I don’t know why the world isn’t doing more about it.” Unfortunately, reasons for inaction—cowardice, callousness and indifference—are myriad; justifications are not. Our leaders can no longer plead ignorance. The Bush Administration must act now or face the harsh judgment of history...
...city. Based on regulations that allow fixed-line providers to use wireless technology to extend their networks without laying cable, Reliance is expected to be able to undercut the fees charged by incumbents. "We are very proud that wherever Reliance enters, we have dropped prices," says company chairman Mukesh Ambani...
...director Mukesh Duggal was shot and killed in Bombay and producer Manmohan Shetty barely survived a murder attempt. In 2000, director Rakesh Roshan (Kaho Naa...Pyaar Hai), whose son Hrithik is the current heartthrob, survived a murder attempt after refusing to procure Hrithik's services for a Mob-backed film. Last year the onslaught started. Gangsters killed the secretary of Manisha Koirala, a top actress and niece of the former prime minister of Nepal. Hrithik, Govinda, veteran actor Amrish Puri and top director Karan Johar (Kabhi Khushi Kabhi Gham) were assigned armed police protection after receiving death threats. And earlier...
...Reliance gets much bigger in India, the government may be forced to weigh whether it has become a threat to competition. But will it continue to grow? Ambani is succeeded by his two accomplished and well-educated sons, Mukesh, 44, and Anil, 42, as joint chief executives. So far, they show little of the fraternal rivalries that have split many older Indian business houses. But without the entrepreneurial founder, Reliance may settle into comfortable middle age, eclipsed by India's globally wired I.T. giants like Wipro and Infosys as exemplars of India's economic future. Still, Ambani seems destined...