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The Conglomerate as Capital Market

Thursday, October 1, 2026

Mukesh Ambani’s real power lies not only in the size of Reliance, but in how he uses its balance sheet. Profits from mature businesses can finance new industries long before public markets are ready to price them.

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Altair Media Asia explores the forces shaping Asia’s economic, geopolitical and societal transformations. Through independent analysis and commentary, we examine how markets, technologies, institutions and cultures shape the region’s evolving role in the global order.
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