With RIL's market capitalisation crossing the Rs 11-trillion mark on Friday, Ambani is ahead of Google co-founders Larry Page and Sergey Brin, the 10th and 11th richest, respectively, and behind Zara founder Amancio Ortega on the Forbes Real-time Billionaires List.
Days after a CAG draft report said his firm got out of turn favours from the oil ministry and its technical arm DGH, Reliance Industries chairman Mukesh Ambani on Friday met Prime Minister Manmohan Singh.
Data is the new oil, and intelligent data is the new petrol, said Mukesh Ambani
Forbes has listed a number of events that could happen over the next 10 years in the field of politics, energy, medicine, finance, society and technology.
Mukesh Ambani has left 'all settlement issues' to her. A spokesperson said on Saturday night that Mukesh would abide by whatever decision she takes.
The police and fire brigade were at the spot and the situation was under control.
As the WEF summit draws to a close on Saturday, a few big names from India including Mukesh Ambani and Anand Mahindra were missing in action while Pakistan Prime Minister Nawaz Sharif and Jordan's King Abdullah II were among global leaders who cancelled their trips at the last moment.
Arjun Tendulkar, son of cricket legend Sachin Tendulkar, married Saaniya Chandhok in a high-profile ceremony in Mumbai, attended by prominent figures from sports, entertainment, and politics.
Hails country's recent digital highways and predicted India to become digital content capital of world.
With the 2026 FIFA World Cup just weeks away, uncertainty over India's broadcast rights continues amid legal intervention and concerns over free-to-air access for football fans.
At the same time, India's most valued corporate house also announced a new structure for salaries and remuneration of top executives wherein the pay packets would be capped, as against the prevailing system of commission linked to profits.
Mukesh Ambani, the patriarch of Reliance Industries (RIL), and Gautam Adani, the chairman of Adani Group of companies, have secured the top positions on the Fortune India Rich List, created in partnership with Waterfield Advisors, with respective wealth of $99.7 billion and $63.71 billion. With a wealth of $34.6 billion, the Mistry family of Shapoorji Pallonji Group holds the third position on the list, while the Poonawalla family, owners of vaccine maker Serum Institute, with a wealth of $32.9 billion, stands fourth. Stockbroker and founder of D-Mart-branded grocery stores, Radhakishan Damani, claims the fifth spot on the India Rich List with a wealth of $23.4 billion
Amabni to relinquish the position next month to join BofA's non-fiduciary global advisory council.
Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.
Politicians across the political spectrum graced Radhika Merchant and Anant Ambani's wedding ceremonies at the Jio World Convention Centre at the Bandra Kurla Complex in north west Mumbai.
Umanath, who mentioned people like Mukesh Ambani and Kalanidhi Maran too, got stuck when he came to Amitabh. "Amitabh Bachchan has amassed more than Rs 190 crore," he said, adding sarcastically, "Yes, the same Amitabh you see in that advertisement for chocolate."
Earlier, Ambani had announced that RIL's telecom arm Jio will strive to make India free of 2G by migrating from feature phones to an affordable smartphone.
Congress leader Rahul Gandhi has warned of a severe economic crisis looming over India, criticising Prime Minister Narendra Modi's economic policies and foreign travels.
The NIA has opposed former policeman Sachin Waze's discharge plea in the Antilia bomb scare and Mansukh Hiren murder case, stating he was directly involved in the crime.
Reliance Industries Chairman Mukesh Ambani on Monday said his company is open to joining hands with Bharti Airtel for improving telecom network for 4G services in Punjab.
Nadar and his family donated Rs 826 crore, while Azim Premji gave Rs 453 crore and Ambani parted with Rs 402 crore, according to the Edelgive Hurun India Philanthropy List 2019.
Shareholders were upset with RIL's increasing focus on non-core areas and its reluctance to pay dividends
FIFA officials are visiting India this week to try and resolve a deadlock over broadcast rights for next month's World Cup, with millions of Indian soccer fans potentially missing out on the tournament.
Urvashi Rautela turned heads at the Cannes Film Festival 2026 with her exquisite pearl and crystal gown, a Princess Diana-inspired clutch, and an ivory-and-gold sari that sparked comparisons to Gigi Hadid's iconic look.
India is likely to become a $40 trillion economy by 2047 -- a 13-fold jump from its current size -- driven primarily by a clean energy revolution and digitalisation, billionaire Mukesh Ambani said on Tuesday. Ambani's estimate for the Indian economy, currently the fifth largest in the world behind only the US, China, Japan and Germany, is more optimistic than Asia's richest man Gautam Adani, who last week stated that India will become a $30 trillion economy by 2050 on back of rising consumption and socio-economic reforms. "From a 3 trillion-dollar economy, India will grow to become a 40 trillion-dollar economy by 2047, ranking among the top three economies of the world," Ambani said at the 10th convocation of Pandit Deendayal Energy University in Gandhinagar.
Next-generation security and disaster management business seems to be next on the radar of Mukesh Ambani-led Reliance Industries, which will utilise its 4G telecom services for this new initiative.
Reliance Industries Chairman Mukesh Ambani worshipped at the Kamakhya temple in Guwahati on Tuesday, February 25, 2025.
The company had received a loan restructuring package from banks under the 5/25 scheme last year.
"We process about 2 per cent of the world's transportation fuels. So, whenever you fly or drive a car or things move in a truck, think about Reliance," Ambani said delving into evolution of the petrochemicals major at an award function in New York.
Reliance 4IR Realty Development, a unit of Mukesh Ambani's Reliance Industries, paid a Rs 86.5 crore 'development fee' to license the Trump brand for a forthcoming real estate project in Mumbai.
The case relates to the company allegedly developing a software that helps users increase probability of a child of particular gender.
Jeff Bezos of Amazon tops the list for the second consecutive year with networth of $147 billion.
Forbes said Prime Minister Narendra Modi's "economic experiments" barely affected India's billionaires while none gained more than oil-and-gas tycoon Mukesh Ambani, who cemented his decade-long hold on the top slot by adding a staggering USD 15.3 billion (67 per cent) to his last year's wealth to become one of Asia's top five richest.
If the deal is indeed being considered, this will be the first time that Ambani will be putting his money in a print media venture since he and his younger brother, Anil Ambani, split businesses to form their own groups
Reliance earned $11.50 for every barrel of crude that it processed during the last three months of the calendar year - almost 60 per cent more than a year earlier.
Who are the special fathers of these famous Indians? The paternal figures responsible for putting them on the right path and helping them find greatness.
Flipkart's co-founders Sachin and Binni Bansal made their debut at 86th position with a net worth of $1.3 billion each.
Bollywood came in huge number to attend Mukesh Ambani's party.
Bollywood folk attended the screening of the musical saga Mera Desh Pehle: The Untold Story Of Shri Narendra Modi at the Nita Mukesh Ambani Cultural Centre in Mumbai on Sunday.
Dhurandhar was a big winner at the Indian National Cinema Academy Awards, held at Mumbai's Nita Mukesh Ambani Cultural Centre.
