Wife Nita, who joined the board as non-executive director in FY15, draws Rs 84 lakh
Mukesh Ambani's Reliance group has struck acquisition deals worth $4.2 billion with a dozen companies in just two years to expand its retail business. The latest purchase was of a majority stake in Justdial for Rs 3,497 crore. Elaborating on his acquisition strategy a few weeks ago during the AGM, Ambani stated that one of the key planks would be to acquire businesses that enhanced Reliance's offerings and experiences to customers and that they would be both physical and digital.
R C Bhargava, Kiran Mazumdar-Shaw & Dinesh K Sarraf are other members of the business delegation
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.
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.
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.
Cricket's inclusion in the 2028 Los Angeles Olympics is a strategic move by Olympic leaders to tap into India's massive fan base and commercial power, aiming to attract billions of new viewers and strengthen the Games' appeal in key markets.
Zee Entertainment said on Monday it had secured the rights to broadcast the 2026 FIFA World Cup and 38 other FIFA events through 2034.
Hails country's recent digital highways and predicted India to become digital content capital of world.
JioStar has terminated its broadcast deals in Bangladesh for IPL 2026, saying its local partner defaulted on payments.
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.
Amabni to relinquish the position next month to join BofA's non-fiduciary global advisory council.
'It would have never crossed anybody's mind where life would have taken us or that Irrfanji would fall sick.'
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
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."
All's well with the State; it's the citizens who have to really buck up, was the sum and substance of Mohan Bhagwat's message to Gen Z.
The moment Urvashi Rautela walked onto the Cannes Film Festival 2026 red carpet in an ivory and gold sari look, fashion girlies collectively went: 'Wait... haven't we seen this before?'
'Improved law and order and transparent governance have helped change UP's investment image.'
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.
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.
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
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.
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.
Heavy rainfall in Mumbai on Sunday led to significant disruptions, including a one-hour suspension of flight operations at Chhatrapati Shivaji Maharaj International Airport, widespread waterlogging, and multiple treefall incidents. One person died in Kurla due to a tree collapse, marking the second such fatality in a week. The India Meteorological Department had issued a 'red' alert, with several areas recording over 200 mm of rain.
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.
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.
The case relates to the company allegedly developing a software that helps users increase probability of a child of particular gender.
Reliance Industries Chairman Mukesh Ambani worshipped at the Kamakhya temple in Guwahati on Tuesday, February 25, 2025.
Jeff Bezos of Amazon tops the list for the second consecutive year with networth of $147 billion.
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.
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.
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.
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
