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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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.
The SUV with explosives found near industrialist Mukesh Ambani's house in Mumbai on February 25 had been allegedly stolen from the possession of Hiran, the Thane-based businessman whose body was found in a creek in Mumbra on March 5.
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.
Union Minister Ramdas Athawale on Friday targeted the Maha Vikas Aghadi (MVH) government in Maharashtra, demanding President's rule should be implemented in the state over the worsening law & order situation.
CCTV footage shows that suspended police officer Sachin Vaze and deceased businessman Mansukh Hiran had met on February 17, the day a Scorpio in Hiran's possession was 'stolen', an official of the Maharashtra ATS said on Friday.
The National Investigation Agency (NIA) on Tuesday seized a black colour Mercedes Benz, in relation to the Antilia bomb scare case. The probing agency has recovered a number plate of the Scorpio car, more than Rs 5 lakhs in cash, a note counting machine and some clothes.
Sachin Waze was arrested by the NIA on Saturday in connection with the Antilia bomb scare case.
The NIA, which arrested Waze (49) on Saturday night, brought him to the court in south Mumbai after taking him to a local hospital for his medical examination, an official said.
According to the police official, the Innova, having Tardeo RTO's registration number and 'Police' written on its rear windshield, was brought to the NIA's office on Pedder Road with the help of towing van.
The NIA will present Sachin Waze, an assistant police inspector with the Mumbai Police who was arrested in connection with the investigation into the recovery of explosives from a car parked near Mukesh Ambani's house in Mumbai, before a special court today to demand his custody.
The NIA spokesperson came out with a brief statement late Saturday night that he had been "arrested at 23.50 hrs in NIA Case" related to the recovery of gelatin sticks in a vehicle parked near Ambani's house on Carmichael Road on February 25. A threat letter was found as well.
The Delhi police had earlier seized two mobile phones from Tihar jail, which will now be sent to a laboratory for technical investigations, following which, a decision on Akhtar's custody will be made.
There were no marks indicating a forcible opening of doors of the Scorpio which was found with explosives near industrialist Mukesh Ambani's house last month, a senior police official said in Mumbai on Friday.
A mobile has been seized from the barrack of Indian Mujahideen terrorist Tehseen Akhtar alias Monu in the high-security Tihar Jail. The mobile was used to create a Telegram channel that claimed the resposibility for Antilia bomb scare.
According to intelligence sources, agencies probing the case have come across evidence suggesting that the mobile number which was used to create the Telegram channel was being used inside the Tihar jail.
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