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mukesh ambani

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

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  • Mukesh Ambani, Sundar Pichai catch up for a cricket game at Lord's with Ravi Shastri Aug 10, 2022 04:20 PM IST

    Mukesh Ambani, Sundar Pichai catch up for a cricket game at Lord's with Ravi Shastri

    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.

  • Telecom not a good sector to invest; remain bullish on PSU banks: Rakesh Jhunjhunwala Aug 08, 2022 04:38 PM IST

    Telecom not a good sector to invest; remain bullish on PSU banks: Rakesh Jhunjhunwala

    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 creates 2.32 lakh jobs in FY22, Jio prepares blueprint for 5G coverage Aug 08, 2022 02:50 PM IST

    Reliance creates 2.32 lakh jobs in FY22, Jio prepares blueprint for 5G coverage

    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

  • Mukesh Ambani draws nil salary for second year in row Aug 08, 2022 11:38 AM IST

    Mukesh Ambani draws nil salary for second year in row

    In its latest annual report, Reliance said Ambani’s remuneration for the financial year 2020-21 was ”nil”.

  • RIL green energy business may outperform other growth engines in 5-7 years: Mukesh Ambani Aug 08, 2022 08:41 AM IST

    RIL green energy business may outperform other growth engines in 5-7 years: Mukesh Ambani

    RIL aims to be net carbon zero by 2035.

  • Supreme Court permits Centre to continue with security cover for Ambani family Jul 30, 2022 05:34 PM IST

    Supreme Court permits Centre to continue with security cover for Ambani family

    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.

  • Reliance expects gas price to rise in October, wants removal of ceiling prices Jul 24, 2022 12:45 PM IST

    Reliance expects gas price to rise in October, wants removal of ceiling prices

    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.

  • Reliance succession plan is a classic playbook for other businesses Jul 01, 2022 07:06 PM IST

    Reliance succession plan is a classic playbook for other businesses

    Ambani's succession plan comes against a backdrop of financial stability and is part of an overall group restructuring.

  • Mukesh Ambani’s daughter Isha set to be named chair of Retail arm Jun 29, 2022 10:54 AM IST

    Mukesh Ambani’s daughter Isha set to be named chair of Retail arm

    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.

  • Akash Ambani: A look at the new Reliance Jio chief's journey with RIL's telecom arm Jun 28, 2022 07:49 PM IST

    Akash Ambani: A look at the new Reliance Jio chief's journey with RIL's telecom arm

    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

  • Mukesh Ambani steps down as Reliance Jio director, Akash Ambani appointed as chairman Jun 28, 2022 04:38 PM IST

    Mukesh Ambani steps down as Reliance Jio director, Akash Ambani appointed as chairman

    Akash Ambani, the son of RIL chief Mukesh Ambani, had joined Jio in 2014.

  • Future Enterprises defaults on Rs 4.10 crore interest payment for NCDs Jun 25, 2022 07:13 PM IST

    Future Enterprises defaults on Rs 4.10 crore interest payment for NCDs

    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.

  • Moneycontrol Selects: Top stories this evening Jun 09, 2022 07:09 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles of the day will help you stay at the top of your game.

  • Apollo, Reliance are said to make binding offer for Boots Jun 09, 2022 03:11 PM IST

    Apollo, Reliance are said to make binding offer for Boots

    The move could put Apollo and Reliance in pole position to buy Boots, after rival suitors started having second thoughts.

  • Watch: Radhika Merchant's debut Bharatanatyam performance, hosted by Mukesh and Nita Ambani Jun 06, 2022 10:55 AM IST

    Watch: Radhika Merchant's debut Bharatanatyam performance, hosted by Mukesh and Nita Ambani

    Radhika Merchant's "Arangetram": The high-profile event on June 5 was attended by Bollywood celebrities, cricketers and politicians.

  • In photos: Radhika Merchant's debut classical dance show, hosted by Ambanis Jun 06, 2022 10:04 AM IST

    In photos: Radhika Merchant's debut classical dance show, hosted by Ambanis

    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.

  • In Pics: Celebrities attend Radhika Merchant's Arangetram ceremony Jun 05, 2022 10:13 PM IST

    In Pics: Celebrities attend Radhika Merchant's Arangetram ceremony

    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.

  • Mukesh Ambani richest in Asia, up at 8th rank on Bloomberg Billionaires list Jun 03, 2022 01:27 PM IST

    Mukesh Ambani richest in Asia, up at 8th rank on Bloomberg Billionaires list

    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

  • 'Demon preaching vedas': Future Retail independent directors on Amazon claim May 30, 2022 05:22 PM IST

    'Demon preaching vedas': Future Retail independent directors on Amazon claim

    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.

  • Reliance Industries becomes first Indian company to cross $100 billion revenue: Q4 result highlights May 07, 2022 11:12 AM IST

    Reliance Industries becomes first Indian company to cross $100 billion revenue: Q4 result highlights

    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

  • Reliance becomes first Indian company with gross revenue surpassing $100 billion May 06, 2022 05:42 PM IST

    Reliance becomes first Indian company with gross revenue surpassing $100 billion

    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%.

  • India is now home to 7 of the 100 richest people in the world Apr 25, 2022 08:56 PM IST

    India is now home to 7 of the 100 richest people in the world

    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.

  • Mukesh Ambani’s Reliance studying possible bid for Walgreens’s Boots chain Apr 14, 2022 07:56 AM IST

    Mukesh Ambani’s Reliance studying possible bid for Walgreens’s Boots chain

    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.

  • Forbes India Rich List 2022 | Top 10 Richie rich Indians Apr 05, 2022 05:44 PM IST

    Forbes India Rich List 2022 | Top 10 Richie rich Indians

    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.

  • Mukesh Ambani tops Forbes 2022 list of India's 10 richest billionaires Apr 05, 2022 04:40 PM IST

    Mukesh Ambani tops Forbes 2022 list of India's 10 richest billionaires

    RIL chairperson Mukesh Ambani is also the richest person in Asia and the tenth richest in the world

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