Reliance Industries Restricted (RIL) on Friday rubbished a media report that steered that enterprise tycoon Mukesh Ambani and his household are planning to partially reside in London.
Terming the report “baseless”, RIL categorically acknowledged that “the Chairman and his household don’t have any plans in any respect to relocate or reside in London or wherever else on the planet”.
The assertion additionally talked about that current acquisition of Stoke Park property by RIIHL, an RIL group firm, is aimed toward enhancing it as a premier {golfing} and sporting resort, whereas sticking to the planning tips and native laws.
“This acquisition will add to the fast-growing client enterprise of the group. Concurrently, it’s going to additionally increase the footprint of India’s famed hospitality trade globally,” RIL added.