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.
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Months after launching unbelievable introductory offers like free voice calls and cheap data packages, Mukesh Ambani’s Reliance Jio is said to be planning to launch 4G VoLTE smartphones at drop dead prices.
A business tycoon and the wealthiest man in India, Mukesh Ambani and his wife Nita Ambani will host a lavish pre-wedding party for their niece Isheta Salgaocar, daughter of Raj and Dipti Salgaocar, at their
The Reliance Industries Ltd and the Indian arm of BG (formerly British Gas) has lost an arbitration case involving over Rs 6000 crores against government which it had initiated six years ago following a dispute
In a major setback to the leading telecom companies, the Indian telecom regulator today slapped heavy penalties on three telecom players -- Bharti Airtel, Vodafone India and Idea Cellular -- for not providing sufficient points
Despite the rampant call drops issue it is facing since its launch, Reliance Jio has said that it is adding anywhere between 0.6 million (6 lakh) and 1.1 million (11 lakh) customers a day.
Mukesh Ambani-led Reliance Industries Limited (RIL) on Thursday reported a consolidated net profit of Rs 7,206 crore for the second quarter, which was higher by 1.3 per cent over the first quarter of this financial year.
Chairman of Reliance Industries Ltd (RIL) Mukesh Ambani who has been named among India's 100 wealthiest big shots for the ninth sequential year has his fortune equivalent to Estonia's GDP, says Forbes India. Mukesh Ambani,
Mukesh Ambani on Monday said his new telecom venture Jio is not a gamble but a well thought-out and well-engineered business, while terming the trouble with interconnectivity as similar to a meritorious student "getting ragged".
Embraced by customers with open arms, Reliance Jio Infocomm (Jio) has created a world record by attracting as many as 16 million (1.6 crore) subscribers in its first month, a company statement said today. The
Mukesh Ambani, Chairman of Reliance Industries Ltd (RIL), has retained the top slot on the Forbes annual list of India’s 100 richest tycoons
Mukesh Ambani-led Reliance Jio has hit out at incumbent telecom operators saying that its customers are facing 10 crore call failures a day.
The chairman emeritus of Tata Sons - Ratan Tata - today said that his Twitter account was hacked yesterday and he had not shared any joke or tweet on PM Modi or Mukesh Ambani. "Shocked
TRAI has summoned executives of Bharti Airtel, Idea, Vodafone and Relaince Jio on Friday to discuss the interconnection issue.
RIL chairman Mukesh Ambani has said that his latest venture Jio despite its jaw dropping data prices and free voice, will bring 'very healthy returns in coming years. In an interview with The Economic Times,
The war of words among top telecos and new entrant Reliance Jio Infocomm has now reached the Prime Minister’s Office (PMO).
Aimed at extending its consumer base and shoot up volumes, Reliance Jio Infocomm’s welcome 4G offer for three months, which is applicable on selected phones, may be extended beyond January 1, 2017.
The digital marketing space in India is set for a huge boost with Reliance Jio providing internet at a minimal rate of 5 paise per MB along with free of cost voice calls, a top
Reliance Jio is set to storm the telecom market as the company rolls out its full-fledged 4G services from today. The entire Reliance Jio network runs on data, which means even voice calls are data-powered.
Reliance Jio has an uphill task of attracting 75-80 million users, who spend an average of Rs 180 a month on mobile bills, over the next two to three years to hit break-even, suggest analyst
His 45-minute speech announcing the formal launch of Reliance Jio’s commercial services has dealt a body blow to Airtel, with its shares slumping by as much as 9 per cent on Thursday, resulting in a massive erosion of Rs 12,000 crore in market value
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