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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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    • 'Guest is our god': Mukesh and Nita Ambani welcome Hillary Clinton with art, culture and sitar recital at their Mumbai home

      One of the highlights of the evening was a specially arranged live sitar recital.

    • Mukesh Ambani outlines RIL's Rs 10-lakh-crore plans to fuel India's AI growth: Read full speech

      RIL chairman delivered a keynote address at the AI Impact Summit in New Delhi on February 19

    • We Will Prove That AI Does Not Take Away Jobs: Mukesh Ambani

      Reliance Industries chairman Mukesh Ambani said that PM Modi's vision of AI powered Bharat is also a template for Global South. Artificial intelligence is not just another technology, humans are creating human-like systems. AI is the mantra which powers every yantra to enhance efficiency. AI is like Akshaypatra, which provides limitless efficiency. At the same time he also said that AI won't take away jobs but create new ones. No country can match India's strength in democracy, demography, digital. We are the world's largest data consumer, there is no difference in quality between Delhi and remotest villages, he further added.

    • AI Summit 2026 Live Updates: Altman says super intelligence would do better job than human scientists, CEOs in few years

      The day 4 of the mega event will see global leaders and tech titans share their thoughts on the role played by the rapidly growing technology in shaping the world's future

    • Mukesh Ambani credits stable leadership under PM Modi for India’s growth momentum

      The Reliance Industries chairman said sustained double-digit growth for India is possible, and that stable economic leadership defines a country

    • Mukesh Ambani says JioBlackRock aims to turn Indians' decades-old savings into long-term earnings

      Mukesh Ambani said Indians have saved steadily for decades, but much of that capital has not been deployed efficiently to generate long-term returns. The core opportunity for JioBlackRock lies in encouraging savers to become investors and convert idle savings into income-generating assets.

    • 'I don't believe there is an AI bubble. China will win if we don't invest in AI,' says BlackRock CEO Larry Fink

      AI is going to be a powerful growth engine in the world, says Fink

    • Mukesh Ambani says India could see 100 new Reliances; 'startup ecosystem excites me the most'

      Reliance Industries Chairman and Managing Director Mukesh Ambani said the startup ecosystem was the aspect of India’s growth story that excited him the most. He added that the startup industry can spawn 100 new Reliances.

    • BlackRock CEO Larry Fink backs 'era of India' for long-term wealth creation; asks investors to look beyond noise

      Larry Fink said that excessive focus on near-term market movements, headlines and capital flows often distracts investors from the real opportunity -- investing alongside the long-term growth of an economy. India’s growth story presents a compelling opportunity for investors willing to adopt a patient approach.

    • Investing for a new era | LIVE conversation with Mukesh Ambani & Larry Fink

      Join us for a live conversation that brings together perspectives on how the future of investing is being shaped in India. The event features a fireside chat with Larry Fink, Chairman & CEO, BlackRock, and Mukesh Ambani, Chairman & Managing Director, Reliance Industries, along with sessions on access, technology, and the role of investing in economic growth.

    • Mukesh Ambani unveils five promises for Gujarat, pledges Rs 7 lakh crore investment in five years

      Mukesh Ambani said the five commitments reflect Reliance’s long-term belief in Gujarat’s role as a growth engine for India’s future.

    • PM Modi restored India’s civilisational self-belief: Mukesh Ambani at Vibrant Gujarat

      Reliance Industries Chairman and Managing Director Mukesh Ambani Ambani says PM Modi’s leadership shields India from global turbulence

    • Reliance rejects claims of Russian oil cargoes coming to Jamnagar refinery: 'Blatantly untrue'

      RIL reiterated that it has not received any shipments of Russian oil in the last three weeks and is 'not expecting any Russian crude oil deliveries in January.'

    • World's richest families: Ambanis only Indian family on the list

      On December 16, Bloomberg released a list of 25 wealthiest families in the world with India's Ambani family featuring at the 8th spot.

    • Bankers said to see Reliance’s Jio value as high as $170 billion

      A valuation that size would place Jio among the biggest two or three companies in India by market capitalization, ahead of fellow telecom firm Bharti Airtel Ltd

    • Reliance Foundation chair Nita Ambani visits temple, seeks blessings on 60th birthday

      Nita Ambani marked the day with prayers and humility, seeking a beautiful start to another year of grace and purpose

    • Mukesh Ambani visits Badrinath Dham, says darshan is a matter of good fortune

      Devotees greeted him, and the interaction appeared cordial and brief.

    • GST rationalisation a big booster to consumption-driven growth: Mukesh Ambani

      The Ambanis said the GST overhaul will not only strengthen consumer confidence but also create opportunities across the retail value chain — from farmers and MSMEs to producers, suppliers, kiranas and end-consumers.

    • Reliance is building a mega solar park in India to fuel its new energy plans

      In Kutch, RIL also plans to build facilities for production of green ammonia, green methanol, and sustainable aviation fuel.

    • Reliance investing in AI-powered, human-centric robotics, Mukesh Ambani calls it an 'exciting frontier'

      Mukesh Ambani announced that the group will invest Rs 40,000 crore ($4.7 billion) to create Asia's largest integrated food parks with AI-driven automation and robotics, over the next three years.

    • Mukesh Ambani says Reliance Industries will more than double its EBITDA by 2027

      Outlining the group’s 'Value Creation Roadmap', Mukesh Ambani said the focus will be on building new growth engines while strengthening existing businesses to ensure sustained, long-term value creation.

    • Reliance’s Exploration & Production business cornerstone of India’s energy security: Anant Ambani

      Production from the company’s Krishna Godavari basin block or KG-D6 block rose 4 percent in fiscal 2024-25 to 28 million metric standard cubic metre per day (MMSCMD) of gas and 21,000 barrels of oil per day (BOPD).

    • Reliance AGM 2025 LIVE: Mukesh Ambani Speech At RIL AGM 2025 LIVE | Reliance Industries

      Reliance AGM 2025 LIVE Updates: Major announcements regarding the IPOs of Reliance Jio and Retail are anticipated as Reliance Industries Ltd. (RIL) hosts its 48th Annual General Meeting on August 29. The AGM is also likely to include a dividend declaration. Markets will be watching closely as RIL Chairman Mukesh Ambani addresses over 4.4 million shareholders during the key annual event

    • RIL annual report: Reliance says tariff risks may weigh on demand-supply balance in O2C business

      However, Reliance expects oil demand to rise despite growing EV penetration, driven by strong economic growth, China stimulus measures and possible easing of geopolitical tensions

    • Reliance Industries Q1 Results Highlights: Net profit jumps 76% to Rs 30,783 crore on one-time gain

      Bandhan Bank, Hindustan Zinc, Indian Overseas Bank, JSW Steel and L&T Finance also announced their June quarter results today.

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