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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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Security heightened after explosives found in SUV outside Mukesh Ambani’s Mumbai house, FIR filed
India | Feb 26, 2021, 08:30 AM ISTAntilia is the multi-storey residence of Mukesh Ambani. It is one of the most valuable private residential properties in the world. The 27-storey home is the most expensive residence in India.
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Aaj Ki Baat: Who planted the abandoned car carrying gelatin sticks near Mukesh Ambani’s Antilia?
Aaj Ki Baat | Feb 25, 2021, 11:53 PM ISTAaj Ki Baat: Who planted the abandoned car carrying gelatin sticks near Mukesh Ambani’s Antilia? How new govt regulations will change face of social media, OTT platforms? Live interview with Law Minister Ravi Shankar Prasad on new social media regulations. Watch this and more on Aaj Ki Baat with Rajat Sharma.
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Car laden with gelatin sticks found abandoned near Mukesh Ambani's Antilia residence
India | Feb 26, 2021, 12:07 AM ISTA car laden with gelatin sticks was found abandoned near billionaire Mukesh Ambani's Antilia residence in Mumbai on Thursday. Bomb squad and police teams were rushed to the site. A probe is underway.
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Reliance Industries proposes demerger of oil-to-chemicals business
Business | Feb 23, 2021, 12:49 PM ISTRIL said that its O2C Scheme has become effective from January 1, 2021 and required regulatory approval from SEBI and stock exchanges has already been received.
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Reliance buys two-thirds of own gas from KG-D6; GAIL, Shell among other buyers
Business | Feb 07, 2021, 11:29 AM ISTReliance and its partner UK's BP Plc on Friday auctioned 7.5 million standard cubic metres per day of incremental gas from the R-series gas field in the KG-D6 block, benchmarking it to a gas marker for the very first time in the country.
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Reliance spins off oil-to-chemical unit
Business | Jan 24, 2021, 02:30 PM ISTReliance for the first time reported integrated earnings of the O2C business in its third quarter financial results
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Reliance Industries Q3 net up 12 per cent to Rs 13,101 crore on strong momentum at retail, Jio
Business | Jan 22, 2021, 09:43 PM ISTBillionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a better-than-expected 12 per cent rise in December quarter net profit on improving oil-to-chemical business, strong continued momentum in retail and steady telecom unit Jio.
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11 Indian companies in Hurun Global 500 list, Mukesh Ambani's Reliance leads among local enterprises
Business | Jan 12, 2021, 05:34 PM ISTMukesh Ambani-led Reliance Industries leads among the local enterprises with a 20.5 per cent jump in valuation to USD 168.8 billion as of December 1 and is ranked 54th globally, as per the list.
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Zhong Shanshan, owner of largest Chinese beverage company, is Asia's richest person
Business | Dec 31, 2020, 01:42 PM ISTChinese billionaire businessman Zhong Shanshan has replaced India's Mukesh Ambani to become Asia's richest person. He has also eclipsed Chinese tech giants including Jack Ma in the list.
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India will grow to be among top 3 economies in two decades: Mukesh Ambani
Business | Dec 15, 2020, 03:03 PM ISTRichest Indian Mukesh Ambani on Tuesday said India will grow to be among the top three economies in the world in the next two decades and per capita income would more than double.
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Partnership with Jio to help support millions of SMBs: Zuckerberg
Business | Dec 15, 2020, 02:00 PM ISTZuckerberg made the remark during a conversation with Mukesh Ambani, Chairman and Managing Director, Reliance Industries at the first Facebook Fuel for India 2020 event.
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Mukesh, Nita Ambani become grandparents! Akash, Shloka welcome baby boy
Business | Dec 10, 2020, 02:56 PM ISTReliance Industries Chairman Mukesh Ambani on Thursday welcomed a new member to their family as eldest son Akash and daughter-in-law Shloka became proud parents to a baby boy.
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Reliance shares gain nearly 2% as Mukesh Ambani hints rolling out 5G services
Business | Dec 08, 2020, 05:58 PM ISTShares of Reliance Industries Limited on Tuesday rose nearly 2 per cent after Mukesh Ambani hinted at rolling out 5G telecom services in the second half of 2021.
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Jio to launch 5G services in second half of 2021, says Mukesh Ambani
Business | Dec 08, 2020, 01:27 PM ISTReliance Jio has plans to launch 5G services in the second half of 2021, Reliance Industries Chairman Mukesh Ambani said on Tuesday. Speaking at the India Mobile Congress, Ambani said policy steps are needed to accelerate an early rollout of 5G, and to make it affordable and available everywhere.
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Policy intervention needed to bring smartphones to 300 mn 2G phone users: Mukesh Ambani
Business | Dec 08, 2020, 10:41 AM ISTBillionaire Mukesh Ambani on Tuesday pitched for policy interventions to bring smartphones to 300 million 2G phone users in India so that they can also benefit from digital transformations.
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India enters crucial phase in fight against COVID-19; can't let guard down at this juncture: Ambani
Business | Nov 21, 2020, 12:56 PM ISTReliance Industries Chairman and Managing Director Mukesh Ambani on Saturday said India has entered a crucial phase in its fight against coronavirus and cannot afford to let the guard down at this juncture.
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Reliance to invest USD 50 million in Bill Gates' Breakthrough Energy Ventures
Business | Nov 13, 2020, 04:20 PM ISTReliance Industries has invested USD 50 million in Breakthrough Energy Ventures, a climate change company owned by Microsoft co-founder Bill Gates.
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RIL shares jump over 3% after Saudi Arabia's PIF invests Rs 9,555 cr in Reliance Retail
Business | Nov 06, 2020, 01:31 PM ISTBillionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore.
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Reliance Jio Q2 net profit jumps 3-fold to Rs 2,844 crore, revenue zooms 33 per cent
Business | Oct 30, 2020, 08:38 PM ISTGlobal investment firm KKR on Thursday said it has floated a separate company, Virescent Infrastructure, to acquire renewable energy assets in India. Virescent currently owns 317 MW of solar assets located in Maharashtra and Tamil Nadu.
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Reliance rolls back salary cuts, offers bonus
Business | Oct 25, 2020, 08:53 PM ISTThe firm is also offering an advance 30 per cent of the variable pay from the next year's salary to its lakh-plus employees as a goodwill gesture for working during the pandemic, two persons familiar with the matter said.