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Mukesh Ambani
Mukesh Dhirubhai Ambani is an Indian business tycoon. He is the chairman, managing director and the largest shareholder of Reliance Industries Limited (RIL). Since 1981, he started working alongside his father Dhirubhai Ambani in their family business, Reliance. RIL deals mainly in petrochemicals, refining and in the oil and gas sectors. Over the years, the business has expanded to provide products and services like Retail Markets and Telecommunications. In the country’s telecommunication services, Reliance’s Jio has earned a top five spot. It was launched on September 5, 2016. On the Forbes magazine's list for the past ten years, Ambani has consistently held the title of being India's richest person. As of January 2018, by Forbes, he was ranked as the 18th-wealthiest person in the world. With a net worth of $44.3 billion in July 2018, he surpassed Jack Ma, executive chairman of Alibaba Group, to become Asia's richest person. Outside North America and Europe, he is also the wealthiest person in the world. He also owns the Indian Premier League franchise Mumbai Indians. At the Antilia Building, Ambani resides. With its value reaching $1 billion, it is one of the world's most expensive private residences. Early life: Mukesh was born in Aden, Yemen. He was brought up in Mumbai, India. In the early 1970s, in Chemical Engineering, he received his degree from the Institute of Chemical Technology.
Mukesh Ambani
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Mukesh Ambani talks of leadership transition at Reliance; wants to accelerate process
Business | Dec 29, 2021, 08:51 AM ISTReliance now has three verticals -- energy business comprising of oil refineries at Jamnagar in Gujarat, petrochemicals plants and new energy factories, the retail business made up of physical stores and online e-commerce unit in JioMart, and telecom and digital business housed in Jio.
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Cryptocurrency Bill: What Mukesh Ambani has to say on regulating cryptocurrencies
Business | Dec 03, 2021, 05:47 PM ISTIndia can lead the Digital Society and become a global leader in its own right, said Mukesh Ambani, Chairman and Managing Director, Reliance Industries Limited (RIL).
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After Airtel and Vodafone Idea, Reliance Jio hikes prepaid tariffs by up to 21% | Details
Business | Nov 29, 2021, 12:01 AM ISTThe revised tariff rates of Reliance Jio will be effective from December 1 and can be opted from all existing touchpoints and channels.
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Security beefed up outside Mukesh Ambani's Antilia after alert from taxi driver
India | Nov 08, 2021, 06:49 PM ISTThe caller, who was a taxi driver, told the police that two passengers hired his vehicle and then sought the address of Ambani's house.
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Mukesh Ambani not relocating to London: Reliance
Business | Nov 05, 2021, 10:15 PM ISTPost Reliance acquiring the London property for Rs 592 crore, Ambani and his family's visit abroad have been linked to them making Stoke Park their second home.
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Forbes India Rich List 2021: Mukesh Ambani, Gautam Adani to Cyrus Poonawalla | Meet top 100 richest
Business | Oct 07, 2021, 02:31 PM ISTForbes India Rich List 2021: There are six newcomers on this year's list, with half of them from the booming chemicals sector. Eleven listees from last year dropped off, given the increased cut-off for gaining entry to this year's list.
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Mukesh Ambani with a net worth of $92.7 billion tops 2021 Forbes list of India's richest
Business | Oct 07, 2021, 01:50 PM ISTAmbani recently outlined plans to pivot into renewable energy with a $10 billion investment by his Reliance Industries.
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JioPhone Next in advanced trials, with festive-season rollout to commence before Diwali
Business | Sep 10, 2021, 08:00 AM ISTReliance Industries Chairman Mukesh Ambani had earlier this year said that 'JioPhone Next' -- being jointly developed by Jio and Google -- would be available from September 10.
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Antilia bomb case: How Sachin Vaze & Co 'silenced' Mansukh Hiran - Bollywood style
India | Sep 08, 2021, 04:35 PM ISTIn its 290-page charge sheet, the National Investigation Agency (NIA) has disclosed the investigations into the sensational SUV abandonment followed by Hiran's killing in a meticulously calculated conspiracy.
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'Nita Ambani cancelled trip to Gujarat after explosives-laden SUV was found outside Antilia'
India | Sep 08, 2021, 12:18 PM ISTThe residence's security head said in his statement that after the vehicle with explosives and a threat letter were found, he immediately brought it to the notice of Mukesh Ambani.
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Reliance Jio's Google built JioPhone Next could be yours at just Rs 500 | Here's how
Business | Sep 03, 2021, 01:09 PM ISTAs per reports, there will be 2 JioPhone Next models - JioPhone Next and JioPhone Next Advance.
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India can be at par with US and China by 2047, says Mukesh Ambani
Business | Jul 24, 2021, 04:18 PM ISTWriting a rare column on the occasion of 30 years of economic liberalisation, the chairman of India's largest company by market value Reliance Industries Ltd said bold economic reforms helped GDP of USD 266 billion in 1991 grow by over ten times.
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Recharge now pay later: Reliance Jio launches 'emergency data loan' facility for prepaid customers
Business | Jul 03, 2021, 02:32 PM ISTEmergency data loan facility provides flexibility of ''Recharge Now and Pay Later'' functionality to Jio users who run out of their high speed daily data quota and are unable to recharge immediately.
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RIL can catalyse investments of over $200 billion: Mukesh Ambani
Business | Jun 24, 2021, 10:03 PM ISTNoting that both Jio and Retail are at the beginning of their journey, Mukesh Ambani said that both have an embedded culture of continuous value creation.
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Reliance AGM: JioPhone Next, update on $15 billion Aramco deal - Big announcements by Mukesh Ambani
Business | Jun 24, 2021, 10:08 PM ISTSaudi Aramco chairman and head of Kingdom's cash-rich wealth fund PIF, Yasir Othman Al-Rumayyan will be on the board of Reliance Industries. He will be an independent director.
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No option for businesses but to go green: Mukesh Ambani
Business | Jun 21, 2021, 09:25 PM ISTIn July last year, Mukesh Ambani, who is the chairman and managing director of Reliance Industries Ltd, had set a 2035 deadline for his company to turn net carbon zero, echoing views of his global peers in fighting climate change.
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NIA arrests two in connection with Antilia bomb scare case
India | Jun 15, 2021, 01:20 PM ISTAn explosives-laden was found parked near Ambani's multi-storey residence 'Antilia' in south Mumbai on February 25 this year.
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Reliance Jio named world's strongest telecom brand in Brand Finance report
Business | Jun 10, 2021, 10:59 AM ISTTelecom and digital communications major Reliance Jio is the strongest brand in India, according to the latest report on Indian brands by Brand Finance.
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Reliance Industries shares maintain winning run for 7th day; Mcap crosses Rs 14 lakh cr mark
Business | Jun 03, 2021, 01:27 PM ISTThe market heavyweight stock has jumped 14.53 per cent in seven trading sessions to hit a high of Rs 2,250 on Thursday.
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After record fund raising, Mukesh Ambani says Reliance has strong balance sheet to support growth
Business | Jun 02, 2021, 08:00 PM ISTAfter record fund raising, Reliance Industries Ltd now has a strong balance sheet with high liquidity that will support growth plans for its three hyper-growth engines, Jio, Retail and Oil-to-Chemicals, according to the firm's Chairman and Managing Director Mukesh Ambani.