[MTC Global] Ambani goes vegetarian

Dear friends,

Good morning.

The world is following vegetarianism and Ambani cannot be an exception.

INDIA, December 16, 2013 (Forbes):  Mukesh Ambani, India's richest person, who's a strict vegetarian and animal lover, has issued an order banning all nonvegetarian products from his Reliance Retail chain. This involves shutting down 100-odd Reliance Delight stores that sell a range of fresh and frozen meats and seafood, including the Real brand of frozen chicken owned by fellow billionaire Adi Godrej's group.   Apparently, Ambani took this decision to go vegetarian after demands from a section of shareholders of his Reliance Industries who claimed that Reliance's nonvegetarian business hurt their religious sentiments.   According to one news report, a good chunk of the company's shareholders are also strict vegetarians like Ambani and belong to the Gujarati community (as Ambani does himself) or are Jains.   A spokesperson of the company confirmed to Forbes that the move was being mulled within the group for a few months now.

 
With regards,

Dr. K. Sampath Kumar,  B.A. (Economics), BGL, M.Com., M.Phil., Cert. A.I.I.B.,
                                        MBA (Finance), MBA (HR & Marketing),  ACS, FCMA, Ph. D.,
Professor, SSN School of Management
C/o. SSN College of Engineering
Rajiv Gandhi Salai (OMR)
KALAVAKKAM - 603110
Kancheepuram District, Tamil Nadu, India
Landline :  044-24860668
Mobile    :  9094405733
 
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