Not really. Mukesh Ambani was born a billionaire. His father was India's biggest power and oil baron.
Afaik, the Ambani dynasty of 2 generations has been India's richest for about 30 years now.
More like the Koch brothers. Inherited a vast company with tremendous financial and political resources and made them even vaster and more deeply rooted.
Re:Google to Invest $10B in India
by shadykiller on Monday July 13, 2020 @01:40PM
(#23823380)
I wouldn't call Mukhesh Ambani as Jack Ma. He inherited a lot of wealth and more important, a lot of government connections. He can bend rules for e.g. his non-existent Jio University got the tag "Institution of Eminence"
He gets foreign technology and just jumps in any sector with governments blessing. Be it oil and gas, infra projects or even telecom
Unlike Jack, Mukesh's father started with Reliance Polyester then expanded the business. Mukesh took it to even greater heights.
Re:Google to Invest $10B in India
by colinmhayes on Monday July 13, 2020 @01:30PM
(#23823269)
Companies aren't altruistic, their only purpose is to provide value to shareholders. That doesn't mean this is a greasing, it could just be google wanting more people connected to the internet so more people use their products.
> Companies aren't altruistic, their only purpose is to provide value to shareholders.
Companies do whatever their owners tell them to do. What you are talking about one specific model of what some people think they should do and what purpose they should serve in society. A very popular and possibly even 'default' model, but only one of many.
https://blog.corplaw.ie/bid/317212/Shareholder-Stakeholder-T...
etc
that said, assuming altruism here even if there aren't immediately obvious benefits to the company would probably be a bit naive.
On the topic itself, it's unclear what Google's intentions are and how they could benefit from such an investment. $10B is not a big sum so is the purpose altruistic or as grease for other purposes?