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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Jio 5G launch: Reliance Jio chairman Akash Ambani said, "Jio plans to cover entire India by December... We will make it very affordable, it should be affordable for every Indian - right from device to service."
5G launch: Capable of supporting ultra-high-speed internet, the fifth generation or 5G service is expected to unleash new economic opportunities and societal benefits, serving as a transformational force for Indian society.
Reliance Industries news: Its proprietary technology enables high-efficiency solar modules that can produce 20 per cent more energy over the 25-year lifetime of a solar project at significantly lower installed cost.
Ambani offered ghee at the Sopanam (the inner sanctum) of the temple with his family. He made offerings to the temple elephants Chenthamarakshan and Balaraman.
Mukesh Ambani visited the Tirupati temple in Andhra Pradesh where he was blessed by an elephant. Know its significance in the Hindu culture.
After darshan, vedic blessings were offered by scholars at Ranganayak mandapam to Mukesh Ambani and Radhika Merchant.
The Ambani family including Dhirubhai and Kokilaben Ambani are strong believers of Shrinathji as well as followers of the Pushti Marg.
Company management and shareholders may consider a reorganisation of the company to achieve three mutually linked objectives of structure, succession and segregation.
The announcement comes weeks after rival billionaire Mukesh Ambani announced a fifth Giga factory as part of an investment in low carbon energy.
Reliance Industries Limited and SenseHawk's deal value is worth USD 32 million.
The deal is estimated to be around Rs 22 crore and Reliance Retail Ventures would introduce it to the general trade and local markets around Diwali, said sources close to the development.
JioMart on WhatsApp experience will revolutionise the way millions of businesses across the country connect with their consumers while bringing unparalleled simplicity and convenience to people's shopping experience.
Reliance is set to launch Jio 5G services in four metro cities including Delhi, Kolkata, Mumbai and Chennai by Diwali. Know more
Jio 5G rollout: Reliance Jio Chairman Akash Ambani said that the latest version of the 5G services will be called 'standalone 5G'.
Mukesh Ambani and Nita Ambani celebrated the Azadi Ka Amrit Mahotsav by participating in PM Modi's Har Ghar Tiranga campaign on Independence Day. Their Mumbai house Antilia was lit in tri-colour lights. Watch the stunning videos and pictures of Ambani's luxurious house.
Reliance Foundation Hospital has filed a complaint about receiving calls posing threat to Reliance Industries chairman Mukesh Ambani and his family. More than three calls were received at the hospital. A case has been filed and probe is underway, informed Mumbai Police.
5G Network: Akash M Ambani, Chairman of Reliance Jio Infocomm, said the company is set to lead India's march into the 5G era and added "we will celebrate 'Azadi ka Amrit Mahotsav' with a pan India 5G rollout".
5G bidding: According to Telecom Minister Ashwini Vaishnaw, the Adani group bought 400 MHz, or less than one per cent of all spectrum sold, for Rs 212 crore.
Reliance-bp is currently producing about 20 per cent of India's total domestic production and MJ would help increase this to up to 30 per cent.
Akash’s elevation as chairman of Reliance Jio Infocomm recognises the specific contributions made by him to the digital services journey and rededicates him to even higher levels of responsibilities, going forward.
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