Page 3 - Mukesh Ambani

Mukesh Ambani bets big on US ethane amid shifting global trade dynamics

Mukesh Ambani's Reliance ramps up US ethane imports as India shifts from naphtha-based production, reshaping petrochemical supply chains amid evolving global trade and energy dynamics

Street view: Why are analysts bullish on Reliance Industries stock?

Nuvama reiterated its 'buy' call but raised its target price to ₹1,801, the second highest on the street, after Mirae Asset Securities' ₹1,950

5 technical reasons why Jio Financial Services stock can rally another 22%

Jio Financial Services has surged over 67% in the last four months; here are 5 reasons why the stock looks strong on technical charts.

Anant Ambani to get ₹10-20 cr salary as executive director of Reliance

Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed Executive Director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed Executive Director of Reliance Industries Ltd. As non-executive directors, the three were entitled to no salary and were each paid a sitting fee of Rs 4 lakh in 2023-24 fiscal year and a commission on profit of Rs 97 lakh each. But as an Executive Director, Anant, 30, will be entitled to salary and other prerequisites. Reliance in a stock exchange notice on Sunday said shareholder approval for the appointment has been sought through a postal

'AI is our future, not a side bet', says Ambani on Reliance's next big leap

Mukesh Ambani says Reliance will use artificial intelligence and deep tech to build its next phase of growth, calling it the company's biggest leap after telecom and energy

SC rejects plea to revoke Z+ security cover for Ambani, warns petitioner

A Supreme Court bench today expressed concern over the repeated filing of what it called "frivolous" and "vexatious" petitions against industrialist Mukesh Ambani and his family

Reliance to extend full aid to relief of Air India plane crash: Ambani

Richest Asian Mukesh Ambani on Friday offered full support of his oil-to-telecom group to the relief operations for the victims of the Air India plane crash. In a statement, Ambani, Reliance Industries Ltd Chairman and Managing Director, said he and his wife Nita "are deeply pained and anguished by the grave loss of life caused by the tragic plane crash in Ahmedabad". "We extend our sincere and heartfelt condolences to all those affected by this tragic incident," he said. "In this hour of grief, Reliance extends its full and unwavering support to the ongoing relief efforts and stands ready to assist in every possible way". A London-bound Air India Boeing 787-8 aircraft crashed into a medical college complex moments after taking off from Ahmedabad's Sardar Vallabhbhai Patel International Airport on Thursday, killing 241 of the 242 people on board. The flight was carrying 169 Indians, 53 British nationals, seven Portuguese nationals, and one Canadian national when it burst into flame

Stocks of Mukesh Ambani-owned companies dip up to 58% from 2024 high

Alok Industries, HFCL, Just Dial, Network 18, Den Networks and Hathway Cable, part of RIL-group holdings, were seen trading with huge losses even as RIL stock hit a 8-month high on Wednesday.

Gautam Adani’s salary trails peers & Group execs: Know how much he earns

Billionaire Gautam Adani earned ₹10.41 crore in FY25, a 12% rise from last year, however, his pay remains lower than many industry leaders, and even some top executives in his own companies.

Gautam Adani draws ₹10.41 crore salary in FY25: Who earned more than him?

Billionaire Gautam Adani drew a salary of ₹10.41 crore in FY25, an increase of 12% from the previous year, but remains behind several peers and group executives in remuneration

Mukesh Ambani offers ₹151 cr 'Guru Dakshina' to honour ICT mentor

Reliance Industries Ltd chairman and managing director Mukesh Ambani announced an unconditional grant of Rs 151 crore to his alma mater the Institute of Chemical Technology, Mumbai. Ambani had graduated from ICT in the 1970s. He spent over three hours on Friday at ICT which back then was called the University Department of Chemical Technology (UDCT) at a function to publish Professor MM Sharma's biography 'Divine Scientist'. Ambani reminisced how the first lecture he attended at UDCT by Professor Sharma motivated him and how Sharma later played the role of quiet architect of India's economic reforms. Sharma impressed upon the policymakers that the only way for India to grow was to unshackle Indian industry from license-permit-raj, which would allow Indian players to build scale, reduce dependence on imports and compete globally. "Like my father Dhirubhai Ambani, he had a burning desire to change Indian industry from scarcity to global leadership," said Ambani, adding that "these

Jio-BlackRock enters mutual fund biz: What sets it apart? | Aladdin | Reliance | Mukesh Ambani

Mukesh Ambani has entred into the asset management space with Jio BlackRock Asset Management, a joint venture between Jio Financial Services and global investment giant BlackRock.

EU warns fashion brand Shein over consumer law breach, threatens penalty

Shein faces EU warning over consumer law violations and potential fines, while its return to India sees poor response as app downloads drop sharply. Regulators highlight concerns over unsafe products

RIL, Adani, Vedanta pledge ₹1.55 trillion investment in Northeast India

PM said the first Made-in-India chip from a Northeast-based semicon plant will soon be introduced

Watch: Mukesh Ambani pledges ₹75,000 cr for Northeast | Reliance Industries

Reliance Industries Chairman Mukesh Ambani announced that the company will invest ₹75,000 crore in the Northeast over the next five years.

Reliance to invest ₹75,000 cr, Adani Group ₹50,000 cr in Northeast region

At the Rising Northeast Investors Summit, Mukesh Ambani and Gautam Adani announced major investments focusing on energy, infrastructure, jobs, and AI-driven growth across the Northeast region

Ambani couple, Premji, Kamath among Time's most influential philanthropists

Billionaire industrialist Mukesh Ambani and Nita Ambani, former Wipro chairman Azim Premji and Zerodha co-founder Nikhil Kamath have been named Tuesday by Time magazine in its inaugural list of the 100 most influential people in philanthropy. The TIME100 Most Influential People in Philanthropy 2025 list tells the stories of how generous donors and leaders of foundations and non-profits are directing funding into the communities that need it most, according to the publication. The list includes Mukesh and Nita Ambani who, Time said, gifted Rs 407 crore (about USD 48 million) in 2024, placing them among the country's biggest donors. Noting that Mukesh and Nita Ambani are empowering millions, the Time profile said the billionaire philanthropist couple's charitable initiatives are as varied and wide-ranging as the business empire that earned them an estimated USD 110 billion fortune. It listed the initiatives taken by Mukesh and Nita Ambani and added that Nita Ambani, founder and chair

Mukesh Ambani's Reliance secures $2.9 bn loan in major global banking deal

Reliance Industries has raised a $2.9 billion dual-currency offshore loan, the largest by an Indian firm in over a year, reflecting robust lender confidence amid slow Asia-Pacific deal flows

Mukesh Ambani meets Trump again, this time at Qatar Emir's state dinner

In Doha, Mukesh Ambani was present at the state dinner hosted for Donald Trump by the Emir of Qatar. However, reports suggest that business discussions were off the table

India will never stay silent in the face of terror, says Mukesh Ambani

In a statement, Ambani said that the Reliance family is ready to support any measure in protecting the nation's unity and integrity