Mukesh Ambani’s stake in New York’s Mandarin Oriental makes him the latest Indian tycoon to invest in overseas hotels

India’s Reliance Industries, owned by the second richest man in Asia, Mukesh Ambani, has agreed to buy 73.37 per cent of US $ 98 million at the Mandarin Oriental Hotel in New York City. -to-telecoms conglomerate, which last year acquired Stoke Park, which has a hotel and sports management and leisure center in Buckinghamshire, Britain.

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