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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Richest 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.
Zuckerberg made the remark during a conversation with Mukesh Ambani, Chairman and Managing Director, Reliance Industries at the first Facebook Fuel for India 2020 event.
Reliance 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.
Shares 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.
Reliance 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.
Billionaire 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.
Reliance 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.
Reliance Industries has invested USD 50 million in Breakthrough Energy Ventures, a climate change company owned by Microsoft co-founder Bill Gates.
Billionaire 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.
Global 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.
The 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.
Mukesh Ambani-owned Reliance Jio has become the first mobile service provider in the country to cross 40 crore customers mark.
Amid the Covid-19 pandemic which hit India hard and led to a sharp economic contraction, half of the nation's 100 richest on the 2020 Forbes India Rich List saw gains. Their collective net worth rose 14 per cent to $517.5 billion from a year earlier, even as the benchmark BSE Sensex stock index remained flat from a year ago.
Reliance Industries Ltd (RIL) Chairman Mukesh Ambani said on Monday that AI and other associated technologies of the 4th Industrial Revolution will vastly expand the capacity to solve most complex and pressing problems before India and the world.
Billionaire Mukesh Ambani on Monday pitched for the government framing new regulation to protect data and ensure data privacy, saying nations will increasingly compete on digital capital in the coming decades.
IIFL Wealth Hurun India Rich List 2020: Reliance Industries MD and chairman Mukesh Ambani continues to be the richest Indian for the ninth consecutive year on Hurun India Rich List 2020 with Rs 6,58,400 crore of personal wealth.
Industrialist Mukesh Ambani's Reliance Industries Limited (RIL) has become India's first company to cross $210 billion market cap, entering the top 40 of worlds most valuable firms. At this market valuation, Reliance Industries is now worlds 40th most valuable firm ahead of the likes of Exxon Mobil, PepsiCo, SAP, Oracle, Pfizer and Novartis.
Reliance Industries is offering to sell about $20 Billion in its retail business to Amazon. The e-commerce retailer held discussions about investing in Mukesh Ambani's company and has expressed interest in negotiating a potential transaction.
With Future Retail takeover Reliance Retail now consolidated its position in Retail Space. Now Reliance Retail has entered into Upmarket, Metro and Malls. Future Retail has a good presence in these areas.
Industrialist Mukesh Ambani's Reliance Industries Ltd on Saturday announced the acquisition of Future Group businesses for Rs 24,713 crore to add to its fast-expanding retail business and bolster e-commerce to take on the competition from Amazon.com.
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