Mukesh Ambani is the chairman and managing director of Indian conglomerate Reliance Industries Limited (RIL). Born to Dhirubhai Ambani and Kokilaben Ambani in April 1957, he completed his Chemical Engineering from the Institute of Chemical Technology, Mumbai, and MBA from Stanford University in the United States. He has three siblings – one brother and two sisters. He has been on the Board of Reliance since 1977 and Reliance’s backward integration journey – from textiles to polyester fibres and further onto petrochemicals and petroleum refining, and going upstream into oil and gas exploration and production. According to Forbes, he is the richest person in Asia with a net worth of around $92 billion. He is the only Indian businessman on Forbes' list of the world's most powerful people. In 2016, Ambani-led Reliance launched 4G phone service Jio. Reliance's Jio has earned a top-five spot in the country's telecommunication services since its public launch on September 5, 2016. Ambani has also created global records in customer acquisition for Jio. He is a member of The Foundation Board of the World Economic Forum (WEF). He is an elected Foreign Member of the prestigious United States National Academy of Engineering. He is also a member of the Global Advisory Council of Bank of America. More
On Tuesday, Ravi Shastri tweeted the photo clicked at Lord's where he along with RIL chairman Mukesh Ambani and Google CEO Sundar Pichai watched The Hundred--a 100-ball cricket tournament in London.
Deliberating on the telecom sector in India, Jhunjhunwala said that it is not a good sector to invest in, as it constantly requires investment
Reliance's green energy business may outperform other growth engines in 5-7 years, Chairman and Managing Director Mukesh Ambani told shareholders in a message in the company’s annual report for 2021-22
In its latest annual report, Reliance said Ambani’s remuneration for the financial year 2020-21 was ”nil”.
RIL aims to be net carbon zero by 2035.
The apex court quashed a PIL in Tripura High Court that challenged security cover for the Ambani family and said that the RIL promoters would pay for security.
After remaining a loss-making provision for several quarters, Reliance's gas exploration business has begun reaping rewards of a global surge in energy prices that have already pushed the rates to a record high.
Ambani's succession plan comes against a backdrop of financial stability and is part of an overall group restructuring.
An announcement of Isha Ambani’s elevation could come as early as Wednesday, according to people with knowledge of the matter, who asked not to be identified ahead of a formal statement. She is currently director of Reliance Retail Ventures Ltd.
The elevation of Akash is part of a well-executed succession plan by Mukesh Ambani as he passes on the baton to the next generation. Mukesh Ambani remains chairman of the holding company Jio Platforms as well as the larger RIL group
Akash Ambani, the son of RIL chief Mukesh Ambani, had joined Jio in 2014.
The latest default is on the interest of securities issued for a sum of Rs 40 crore. FEL has defaulted on interest payment for the period between June 24, 2021, to June 23, 2022, it said.
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The move could put Apollo and Reliance in pole position to buy Boots, after rival suitors started having second thoughts.
Radhika Merchant's "Arangetram": The high-profile event on June 5 was attended by Bollywood celebrities, cricketers and politicians.
Radhika Merchant trained in Bharatnatyam for over eight years under her guru Bhavana Thakar. She gave her Arangetram or debut performance on June 5 at the Jio World Centre in Mumbai.
Radhika Merchant's Arangetram ceremony was hosted at the Jio World Centre in Mumbai. An 'arangetram' is a dancer's completion of their formal training in classical dance and their debut on-stage performance.
Ambani who has a net worth of $99.7 billion is placed eighth on the Bloomberg Billionaires Index while Adani with a net worth of $98.7 billion is ranked ninth
The independent directors also alleged that Amazon was attempting to acquire key assets of FRL on the cheap for Rs 7,000 crore through Samara.
Mukesh Ambani-led Reliance Industries declared the earnings for the quarter ended March on May 6. Company’s FY22 gross revenue crossed $100 billion, becoming the first Indian company to achieve feat. Watch Moneycontrol’s Karunya Rao and Rachita Prasad decoding the quarterly results for you
RIL Q4 Results Highlights | The consolidated revenue of the Mukesh Ambani-led company stood at Rs 2.07 lakh crore, while the EBIDTA came in at Rs 31,366 crore. The consolidated EBIDTA margin was 15.13%.
As Adani Group chairman Gautam Adani overtook legendary investor Warren Buffett to become the fifth richest person globally, here's a look at the 7 Indians who made it to the list of the 100 richest people in the world.
Reliance is in the early stages of exploring the feasibility of an offer for the Boots chain, the people said, asking not to be identified discussing confidential information.
Reliance Industries Chairman Mukesh Ambani once again took the top spot among the wealthiest Indians in Forbes India Rich List 2022 – with a net worth of $90.7 billion, as of March 11. The top three ranking order is a repeat of 2021. Let’s take a look at the top 10 richest Indians and their net worth as of March 11, 2022.
RIL chairperson Mukesh Ambani is also the richest person in Asia and the tenth richest in the world