Rainmaker behind Mukesh Ambani’s US$13bil deal spree


Billionaire Mukesh Ambani.(pic) depends on Modi, who is reserved and mostly invisible to the public.

HE has no flashy titles and few outside India know his name. But in the halls of Reliance Industries Ltd, Manoj Modi has quietly become one of the most powerful forces behind the corporate empire of Asia’s richest man.

Reserved and mostly invisible to the public, Modi is viewed by many insiders and others in India’s business world as the right hand of billionaire Mukesh Ambani. He played a key role during negotiations for a US$5.7bil deal with Facebook Inc in April, backing Ambani and his children as they hashed out an agreement with the social networking giant, sources said.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Trading ideas: Al-'Aqar REIT, Pantech, AirAsia X, Inta Bina, Khee San, Infoline, Heineken, Agricore
Eupe fourth-quarter profit rises 29%
Meta projects higher spending, weaker revenue
Buyout proposal for Anglo American could reshape copper market
A test bed for airline subscription model
Pantech seeks to list steel pipe units
AI memory boom propels SK Hynix’s numbers
Battery stocks’ rally in India likely to extend
Congo accuses Apple of using ‘blood minerals’ from war-torn east
Higher earnings for Pavilion-REIT

Others Also Read