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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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.
Earlier, there were reports that Reliance Digital would offer a 70 per cent buyback on iPhone 8 and 8 Plus after one year on the original purchase price to those returning the device.
Airtel chief Sunil Mittal spoke about collaborating with Mukesh Ambani's Jio on technologies for the future and for creating synergies in new investments.
Speaking at the India Mobile Congress, Reliance Industries Ltd Chairman Mukesh Ambani said data is the new oil and India does not need to import it.
The inaugural edition of the three-day India Mobile Congress, being held in New Delhi from September 27 to September 29, is attended by Mukesh Ambani, Sunil Mittal and Kumar Mangalam Birla -- rivals in India's telecom services market
Wireless sector is slowly moving from a hugely customer-friendly market towards either oligopoly, duopoly or potentially a monopoly
The list of billionaires in India has grown from 339 in 2016 to 1043 this year, according to the Hurun list
14 Indian energy companies made it to the S&P Global Platts Top 250 Global Energy Company Rankings
Pre-booking of the JioPhone had started on August 24 against payment of a refundable deposit of Rs 500. The remainder Rs 1,000 has to be paid by the customer when the company starts delivering the handsets.
Ranveer Singh and Deepika Padukone were the cutest couple at Mukesh Ambani's party.
Asha Bhosle poses with Priyanka Chopra at Mukesh Ambani's bash in Mumbai.
There were a number of fake stories doing rounds on internet about the price of phone used by Mukesh Ambani’s wife Nita Ambani.
Announcing the 1:1 bonus share at the company's 40th annual general meeting, RIL Chairman and Managing Director Mukesh Ambani said this is the country's largest bonus issue.
RIL has now created multiple growth engines, Ambani told shareholders at the 40th AGM here.
Reliance today launched its most awaited feature phone bundled with Jio 4G services by the name of JioPhone
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