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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Writing a rare column on the occasion of 30 years of economic liberalisation, the chairman of India's largest company by market value Reliance Industries Ltd said bold economic reforms helped GDP of USD 266 billion in 1991 grow by over ten times.
Emergency data loan facility provides flexibility of ''Recharge Now and Pay Later'' functionality to Jio users who run out of their high speed daily data quota and are unable to recharge immediately.
Noting that both Jio and Retail are at the beginning of their journey, Mukesh Ambani said that both have an embedded culture of continuous value creation.
Saudi Aramco chairman and head of Kingdom's cash-rich wealth fund PIF, Yasir Othman Al-Rumayyan will be on the board of Reliance Industries. He will be an independent director.
In July last year, Mukesh Ambani, who is the chairman and managing director of Reliance Industries Ltd, had set a 2035 deadline for his company to turn net carbon zero, echoing views of his global peers in fighting climate change.
An explosives-laden was found parked near Ambani's multi-storey residence 'Antilia' in south Mumbai on February 25 this year.
Telecom and digital communications major Reliance Jio is the strongest brand in India, according to the latest report on Indian brands by Brand Finance.
The market heavyweight stock has jumped 14.53 per cent in seven trading sessions to hit a high of Rs 2,250 on Thursday.
After record fund raising, Reliance Industries Ltd now has a strong balance sheet with high liquidity that will support growth plans for its three hyper-growth engines, Jio, Retail and Oil-to-Chemicals, according to the firm's Chairman and Managing Director Mukesh Ambani.
The CID of Maharashtra police is investigating extortion allegations leveled by Jalan against Singh, a former Mumbai police commissioner; Sharma, inspector Rajkumar Kothmire and others.
Amid a surging second wave of COVID-19 in the country, Reliance Industries (RIL) has ramped up production of medical oxygen to 1000 metric tons per day, making it India's largest producer of medical-grade liquid oxygen from a single location.
At its refinery-cum-petrochemical complex in Jamnagar and other facilities, RIL now produces over 1,000 MT of medical grade liquid oxygen per day -- or over 11 per cent of India's total production - meeting the needs of nearly every one in 10 patients.
The UK-based firm, which owns a hotel and golf course in Buckinghamshire, UK, will add to Reliance's consumer and hospitality assets, the firm said in a filing late on Thursday.
In a letter to RIL employees, the Chairman and Managing Director RIL Mukesh Ambani and Chairperson Reliance Foundation Nita Ambani said that the COVID-19 vaccine is a key weapon again the coronavirus and the company has continued to bear the vaccination cost for all the eligible members.
Billionaire Mukesh Ambani's Reliance Industries Ltd has tweaked manufacturing at its Jamnagar oil refineries to produce over 700 tonnes a day of medical-grade oxygen which is being supplied free of cost to states badly affected by COVID-19, sources said.
Reliance's twin oil refineries in Jamnagar have through minor process modification converted industrial oxygen into medical-use oxygen that can be administered to COVID-19 patients low on oxygen
Amid the Covid-19 pandemic, Ambani accomplished a fund-raising feat, garnering $35 billion through a string of deals to achieve his target of reducing his flagship Reliance Industries' net debt to zero by 2021.
Reliance Industries has secured approval of its shareholders and creditors for hiving off its oil-to-chemical business into a separate unit.
Amazon acquired 49 per cent stake in Future Coupons which is a promoter group entity of Future Retail. Amazon argues that Future's deal with Reliance Retail is invalid and violation of its 2019 agreement.
Mansukh Hiren, the purported owner of the car with explosives found outside Reliance Industries chairman Mukesh Ambani's residence in Mumbai last month, was found dead under mysterious circumstances in Thane.
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