Business Chief APAC+ANZ Magazine January 2020 | Page 72

RELIANCE INDUSTRIES
TATA GROUP
CITY FOCUS | MUMBAI
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India ’ s oldest bank as well as its largest . Currently , it is state controlled , with the Government of India holding a 60 % stake .
RELIANCE INDUSTRIES
Conglomerate Reliance Industries was founded in the 1960s , growing via its involvement in the textiles industry before diversifying into its current interests . The company ’ s many and varied subsidiaries include oil and retail divisions , as well as Jio , the country ’ s largest mobile network operator . Chairman and Managing Director Mukesh Ambani is the son of founder Dhirubhai Ambani , and the richest man in both India and Asia at large . He is partly known for his residence in Mumbai ’ s 27-story Antilia , one of the world ’ s most expensive domiciles .
TATA GROUP
One of India ’ s oldest companies , Tata Group can trace its history back to the founding of a trading
JANUARY 2020