New Delhi: The news of Reliance Industries Limited’s chairman Mukesh Ambani and his family settling in London is being published in the media. Now Reliance Industries itself has termed the news of the Ambani family settling in London as mere rumors. In a statement issued, the company said, ‘Recently baseless reports in the newspapers have spread rumors that the Ambani family is preparing to settle in Stoke Park, London. Reliance Industries Limited clarifies that the Chairman of the Company and his family have no plans to relocate or reside in London or any other place in the world.
Reliance Group’s company RIIHL has recently acquired heritage property ‘Stoke Park Estate’. Its purpose is to make it a ‘premier golfing’ and a ‘sporting resort’ under local rules. This acquisition will add to the fast-growing consumer business of the group. Along with this, it will also take India’s hospitality industry to the world level.