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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While Nita Ambani can be seen in a traditional attire, Shloka too, looked beautiful in a yellow suit.
Akash Ambani and Shloka Mehta's formal engagement is to take place in July and marriage is scheduled to be held in early December.
Shloka Mehta is the daughter of Russell Mehta, who heads Rosy Blue Diamonds, one of the country’s leading diamond companies.
The top court refused to lift the stay ordered by the arbitral tribunal and set aside the March 8 order of Bombay High Court by which R-Com's petition was dismissed.
According to the magazine, India has 121 billionaires - 19 more than last year - making them the third largest group of the ultra-rich after those from the US and China.
Akash, 27, is Mukesh Ambani's elder son and twin of sister Isha. Shloka is the daughter of Russell Mehta, head of Rosy Blue Diamonds, formerly known as B.
Speaking at the UP Investor Summit, Mukesh Ambani said the investment will be over and above the Rs 20,000 crore Jio has already invested in the state in rolling out high-speed 4G telecom venture.
Eros group chief executive and managing director Jyoti Deshpande would be stepping down after 17 years to head the media and entertainment business at Reliance as president at the RIL chairman's office.
At the close of trade today, TCS' market capitalization (m-cap) stood at Rs 6,11,634.03 crore (Rs 6.11 trillion), which is Rs 1,170.86 crore more than RIL's Rs 6,10,463.17 crore.
According to the company, the 3Q FY18 revenue from the refining and marketing segment increased by 23 per cent on a Y-o-Y (year-on-year) basis to Rs 75,865 crore ($11.9 billion) aided by 24 per cent higher Brent oil prices.
Addressing the Bengal Global Business Summit here, Ambani said the company will set up an electronics manufacturing facility in the state.
The agency said it expects RIL to pay less than Rs 25,000 crore for the acquisition as it is acquiring only the towers, optic fiber cable network, spectrum and media convergence nodes, and not the realty assets.
The announcement comes days after RCom disclosed a deal with lenders under which Rs 40,000 cr will be raised through sale of assets, averting an imminent takeover by the 35 local and foreign banks.
Mukesh Ambani's son Anant replied Shah Rukh Khan that you will feel embarrassed to know this.
Ambani said it is because of Dhirubhai Ambani that Reliance had grown from one employee to over 250,000 and from a Rs 1,000 company to over Rs 6 lakh crore.
The richest newcomer in the list is Wadia Group of companies Chairman Nusli Wadia (No. 25, $5.6 billion).
Shares of Airtel and Idea rallied sharply on the tariff increase by Reliance Jio.
Jio genertaed Rs 6,147 crore of revenues in the three months up to 30 September 2017, though it made a loss of Rs 271 crore.
Biotechnology pioneer Kiran Mazumdar-Shaw says the latest list of 100 rich persons in India reflects the state of the economy.
RIL chairman Mukesh Ambani's wealth rose 67 per cent from $22.7 billion last year to $38 billion this year making him one of Asia's top 5 richest.
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