Home Business Reliance Rejects Reports Of Ambani Family Shifting To London, Calls It ‘Baseless Speculation’

Reliance Rejects Reports Of Ambani Family Shifting To London, Calls It ‘Baseless Speculation’

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Mumbai: Rejecting claims of billionaire Mukesh Ambani’s household planning to relocate or partly reside in London or anyplace else on the earth, Reliance Industries Ltd on Friday stated that India’s richest household has no such plans by any means. 

The corporate termed experiences of the Ambani household seeking to make the 300-acre nation membership in Buckinghamshire, Stoke Park their main residence, as “unwarranted and baseless hypothesis”.

“Reliance Industries Restricted will wish to make clear that the Chairman and his household don’t have any plans by any means to relocate or reside in London or anyplace else on the earth,” the agency stated in a press release.

Numerous sections of media have reported that the Ambani household is planning to shift to London after Reliance acquired a London property for Rs 592 crore and Mukesh Ambani and his household’s go to overseas.

“RIL group firm, RIIHL, which acquired Stoke Park property lately, wish to make clear that its acquisition of the heritage property is geared toward enhancing this as a premier {golfing} and sporting resort, whereas absolutely complying with the planning pointers and native laws,” the assertion stated.

This acquisition will add to the fast-growing client enterprise of the Reliance group, the corporate stated including that it’s going to additionally develop the footprint of India’s famed hospitality trade globally.

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