Indian billionaire Mukesh Ambani, chairman of Reliance Industries, has gifted a 22-storey building in Mumbai worth Rs 1500 crore to his close friend and top executive Manoj Modi.
The building, called ‘Vrindavan, is located in the plush area of Nepean Road in Mumbai and was reportedly acquired by Ambani in 2011.
Manoj Modi; a loyal friend, a supportive employee
Manoj Modi, who has been associated with Reliance Industries for over 25 years, is considered to be one of Ambani’s closest aides and played a crucial role in the company’s recent deals, including the acquisition of Future Group and the sale of Jio Platforms stakes.
This generous gift from Ambani to Modi is a testament to the strong bond they share and also highlights the culture of loyalty and recognition for employees in the Reliance group. The move also showcases Ambani’s larger-than-life persona and his willingness to go the extra mile for those who have supported him in his journey.
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The gift has garnered widespread attention and admiration, with many praising Ambani’s gesture as a true reflection of his generosity and benevolence. It also highlights the significance of personal relationships in the Indian business landscape and the emphasis on building trust and long-term partnerships.
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