Reliance Industries To Buy Mandarin Oriental In New York For $98 Million: Report swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Saturday announced the acquisition of New York's premium luxury hotel Mandarin Oriental for $98.15 million.
RIL said the acquisition will add to the consumer and hospitality footprint of the group which already has investments in EIH Ltd, Stoke Park Limited in UK.