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Reliance Industries Limited (RIL) is headquartered in Mumbai and is taken care by Mukesh Ambani, the elder brother of Anil Ambani and the son of late Dhirubhai Ambani after the division of the family businesses among the two brothers. RIL is a conglomerate holding company in India that has a wide portfolio of businesses ranging over energy, petrochemicals, natural resources, textiles, telecommunications and retail. RIL is the highest taxpayer in the Indian private sector and accounts for over 5% of the Indian Government’s revenues and about 8% of the total merchandise exports from India. Here is a list of <keyword id="7780054" type="UNKNOWN" weightage="20" keywordseo="mukesh-ambani-companies">Mukesh Ambani companies</keyword> under the Reliance Industries Limited. Reliance Retail The retail business segment of the Reliance Industries Group, this is the largest retail store network in India comprising of a number of cutting edge brands including Reliance Fresh, Reliance Time Out, Reliance Wellness, Reliance Autozone, Reliance Footprint, Reliance Mart, Reliance Home Kitchens, Reliance Digital, Reliance Trends, Reliance Super, Reliance iStore, Reliance Market (Cash n Carry) and Reliance Jewel. Reliance Life Sciences This company has its operations around medical, industrial and plant biotechnology domains. The specialty areas of this segment include branding, manufacturing, pharmaceuticals, bio-pharmaceuticals, biofuels, clinical research services, industrial and plant bio-technology, regenerative medicine, novel therapies and others. Reliance Logistics This is a single window company involved in the selling of products in the products related to distribution, warehousing, transportation, logistics, and supply chain. This is an asset based company owning its own infrastructure and fleet. This company offers logistics support to the Reliance Group of Companies and also other third party companies. Reliance Jio Infocomm Limited (RJIL) Earlier known as Infotel Broadband, Reliance Jio Infocomm Limited is a broadband service provider that has obtained 4G licenses for operating across India. This is the sixth largest mobile network operator in the world today with more than 306 million subscribers. Reliance Industrial Infrastructure Limited This is an associate company of RIL that holds about 45.43 percent shares of the RIL. This company is mainly involved in establishing and operating industrial infrastructure. The company is also engaged in connected activities including leasing and providing services related to data processing and computer software. The company has set up a pipeline carrying petroleum products from the Bharat petroleum refinery at Mahul, Maharashtra to Reliance’s petrochemical complex located at Patalganga, Maharashtra. Network 18 Network 18 is a mass media company that has its diversified activities in digital platforms, television, films and mobile apps. This company has acquired the ETV network and has some joint ventures namely Viacom 18 and History TV18. Reliance Solar A subsidiary of Reliance, Reliance Solar produces and sells solar energy systems to remote and rural areas of the country. The company offers a wide portfolio of products including solar lanterns, home lighting solutions, street light systems, water purifying systems, solar air conditioners, refrigeration systems, and many others based on solar energy. Relicord This is a blood banking service under the Reliance Life Sciences. This body has been licensed by the Food and Drug Administration, Government of India.

Here's a look at all the companies that Mukesh Ambani owns

New Delhi, Mar 27 () In a shareholding rejig at Reliance Industries, Mukesh Dhirubhai Ambani, Nita Mukesh Ambani, Isha M Ambani, Akash M Ambani and Anant Mukesh Ambani along with one of the firm's promoters bought shares worth over Rs 9,145 through open market transactions on Friday. As per the block deal data on the BSE, Mukesh Dhirubhai Ambani picked up 2,68,308 shares, Nita Mukesh Ambani 7,03,708 shares, Isha M Ambani 7,71,220 shares and Akash M Ambani 7,73,620 shares of the firm at an average price of Rs 1,077 apiece, while Anant Mukesh Ambani bought 73,00,000 shares at a price of Rs 1,056 per scrip. Besides, Reliance Industries Ltd's (RIL) promoter, Tattvam Enterprises LLP, purchased 7,67,35,388 shares at Rs 1,056 apiece. The total deal value for the shares purchased by the promoters of RIL stood at Rs 91,45,20,23,640. According to separate transactions, another promoter of the company, Devarshi Commercials LLP, offloaded a total of 8,65,52,244 shares for over Rs 9,145 crore. The shareholding data for December 2019 shows that Mukesh Dhirubhai Ambani held 0.12 per cent stake in the firm, Nita Mukesh Ambani, Isha M Ambani and Akash M Ambani held 0.11 per cent stake each while Anant Mukesh Ambani held 2 lakh shares of the firm. Tattvam Enterprises LLP held 6.97 per cent stake in the firm, while Devarshi Commercials LLP held 11.48 per cent of the total shareholding of the firm. Prior to this, Devarshi Commercials LLP on Wednesday had offloaded shares worth over Rs 11,000 crore. The shares sold by Devarshi were picked up by another promoter entity of Reliance Industries, Samarjit Enterprises LLP, at the same price. Shares of RIL on Friday ended at Rs 1,065.5, 0.86 per cent lower, on the BSE. SRS HRS

Reliance Industries' shares worth over Rs 9,145 cr change hands

<ul><li>After a brief period, <keyword id="3820" type="General" weightage="80" keywordseo="mukesh-ambani" source="Orion">Mukesh Ambani</keyword> is back to being the <keyword id="405464" type="General" weightage="20" keywordseo="richest-indian" source="Orion">richest Indian</keyword>.</li><li>The Reliance Industries’ honcho has seen his company’s market capitalisation surge more than 25% in the last three months.</li><li>Mukesh <keyword id="10924" type="General" weightage="100" keywordseo="ambani" source="Orion">Ambani</keyword>’s rival, Gautam Adani, on the other hand, has seen his group companies’ value decline by over 16%.</li></ul>Mukesh Ambani is the richest Indian once again, beating his rival Gautam Adani after several weeks of being in the second position. In the last few months, Gautam Adani had been India’s richest man after a massive surge in Adani Group company stocks. Now, Mukesh Ambani is back to the No.1 position. Ambani regaining the top position is driven by a rebound in the Reliance Industries stock – which is up by more than 25% since early March. <div type="image" title="Reliance Industries 08_03_22 to 03_06_22." msid="91977061" hostid="261" caption="&amp;lt;p&amp;gt;Reliance Industries share price&amp;lt;/p&amp;gt;"></div> According to the Forbes rich list, Mukesh Ambani’s wealth stood at $104.4 billion, gaining $6.2 billion in the last one day. On the other hand, Gautam Adani’s wealth stood at $100.7 billion. According to Bloomberg Billionaires Index, Ambani’s wealth stood at $99.7 billion, while Gautam Adani’s stood at $98.7 billion. Adani now stands at the 9th place – <a href="https://www.businessinsider.in/business/news/gautam-adani-is-now-as-wealthy-as-bill-gates/articleshow/91115934.cms">a little over a month ago, he was tied with Bill Gates as the fourth richest person in the world</a>. Just a few days ago, Adani crashed out of the $100 billion club. Since his peak, Adani has lost nearly $25 billion in wealth, but he still has <a href="https://www.businessinsider.in/thelife/personalities/news/gautam-adani-crashes-out-of-the-100-billion-club-but-still-is-10x-richer-than-he-was-2-years-back/articleshow/91807766.cms">10 times more wealth</a> than what he had two years ago. <cmsannotation type="cmsannotation" annotationid="Mukesh Ambani added an average of $2 billion wealth per month in 2022" comment="subhead" text="Mukesh Ambani added an average of $2 billion wealth per month in 2022">Mukesh Ambani added an average of $2 billion wealth per month in 2022</cmsannotation> According to Forbes, Mukesh Ambani is the sixth richest person in the world, adding $10 billion to his wealth in the first five months of 2022. Born in Yemen, Ambani took over the reins of Reliance Industries from his father Dhirubhai Ambani in 2002, after the latter passed away. Since then, the share price of Reliance Industries has surged from ₹42 to ₹2,800 today, with several instances of bonus shares and stock splits during the period. Both Adani and Ambani run conglomerates with interests across multiple sectors within and outside India. Ambani's interests include energy, telecom, retail and media. He is also looking to expand his interests in high-end tech innovation that can transform both his consumer-facing businesses. Adani, on the other hand, has been strengthening his FMCG brands with a legacy in power, infrastructure - and has recently added cement and media to the many interests that he holds. SEE ALSO: <a href="https://www.businessinsider.in/business/news/mukesh-ambani-sets-sights-on-defence-showcases-made-in-india-software-for-aircraft-design/articleshow/91959787.cms">Mukesh Ambani sets sights on defence – showcases Made in India software for aircraft design</a> <a href="https://www.businessinsider.in/thelife/personalities/news/gautam-adani-crashes-out-of-the-100-billion-club-but-still-is-10x-richer-than-he-was-2-years-back/articleshow/91807766.cms">Gautam Adani crashes out of the $100 billion club, but still is 10x richer than he was 2 years back</a> <a href="https://www.businessinsider.in/business/news/gautam-adani-is-now-as-wealthy-as-bill-gates/articleshow/91115934.cms">Gautam Adani is now as wealthy as Bill Gates – rally in Adani group</a>

Mukesh Ambani gets his ‘richest Indian’ crown back with a wealth of $104.4 billion

<ul><li>The financial creditors of RCom have filed a motion in the NCLT to form a committee of creditors and appoint a resolution professional - a necessary precursor to initiating full-fledged insolvency proceedings. </li><li>Concurrently, RCom is hoping for an exclusion of the last 13 months in the insolvency process after initial proceedings commenced last April. Under the Insolvency and <keyword id="43550" type="EVENT" weightage="20" keywordseo="Bankruptcy">Bankruptcy</keyword> Code, a resolution has to be completed within 270 days. </li><li>RCom owes around 31 creditors - mainly the State Bank of India - around ₹500 billion.</li></ul>The financial creditors of <keyword id="9171" type="PERSON" weightage="20" keywordseo="Anil-Ambani">Anil Ambani</keyword>’s <keyword id="46907" type="COMPANY" weightage="20" keywordseo="Reliance-communications">Reliance Communications</keyword> (RCom) <a href="https://economictimes.indiatimes.com/industry/telecom/telecom-news/nclt-begins-bankruptcy-process-for-anil-ambanis-reliance-communications/articleshow/69221685.cms">have filed a motion</a> in the National Companies Law Tribunal, a bankruptcy court, to form a committee of creditors and appoint a resolution professional - a necessary precursor to initiating a full-fledged bankruptcy process. Concurrently, RCom is hoping for an exclusion of the last <a href="https://www.business-standard.com/article/companies/insolvency-woes-rcom-resolution-professional-asks-for-13-month-exclusion-119050701364_1.html">13 months</a> in the insolvency process. The company has asked the interim resolution professional for an exclusion from end-April 2018 to end-May 2019 as the initial insolvency proceedings were stayed by the National Company Law Appellate Tribunal and Supreme Court. Under the Insolvency and Bankruptcy Code, a resolution has to be completed within 270 days. <keyword id="6356812" type="COMPANY" weightage="20" keywordseo="ericsson">Ericsson</keyword> had initiated the earlier insolvency proceedings. RCom owes around 31 creditors - mainly the State Bank of India - around ₹500 billion. The cash-strapped company discontinued its core telecom business two years ago after the entry of Mukesh Ambani-led Jio. In an interesting turn of events, it was actually counting on the sale of spectrum to Jio to stay afloat, <a href="https://www.businessinsider.in/mukesh-ambanis-reliance-jio-decides-that-it-may-be-too-expensive-to-give-brother-anil-ambanis-rcom-a-lifeline-after-all/articleshow/67174546.cms">a deal Mukesh Ambani reneged on</a> because it would have meant taking partial responsibility for RCom’s dues. RCom was counting on the deal, which involves the sale of around ₹200 billion worth of spectrum to Jio, to restructure its debt and settle its dues with a range of creditors, most notably, Ericsson, which is still waiting on a ₹5.5 billion principal payment in addition to interest. After Ericcson took RCom to court and Anil Ambani was threatened with jail time, Mukesh Ambani <a href="https://www.businessinsider.com/indias-rcom-jumps-after-mukesh-ambani-bails-out-brother-anil-on-ericsson-dues-2019-3?IR=T">finally stepped in </a>and helped his brother pay down the outstanding amount. SEE ALSO: <a href="https://www.businessinsider.in/anil-ambanis-reliance-group-subsidiaries-get-hit-with-credit-downgrades/articleshow/69092059.cms">Anil Ambani’s woes get compounded with a series of downgrades for three Reliance Group subsidiaries</a> <a href="https://www.businessinsider.in/mukesh-ambanis-reliance-jio-decides-that-it-may-be-too-expensive-to-give-brother-anil-ambanis-rcom-a-lifeline-after-all/articleshow/67174546.cms">Mukesh Ambani’s Reliance Jio decides that it may be too expensive to give brother Anil Ambani’s RCom a lifeline after all</a> <a href="https://www.businessinsider.com/indias-rcom-jumps-after-mukesh-ambani-bails-out-brother-anil-on-ericsson-dues-2019-3?IR=T">India's RCom jumps after Mukesh Ambani bails out brother Anil on Ericsson dues</a>

The creditors of Anil Ambani’s cash-strapped Reliance Communications are finally making it undergo bankruptcy proceedings

<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div><ul class="summary-list"><li>The Ambanis are the <a href="https://www.forbes.com/asia-families/list/" target="_blank" rel="noopener">richest family in Asia.</a></li><li>The family patriarch, <a href="https://www.businessinsider.com/category/india" target="_blank" rel="noopener">Indian</a> business tycoon <a href="https://www.businessinsider.com/category/mukesh-ambani" target="_blank" rel="noopener">Mukesh Ambani</a>, is worth an estimated $42.7 billion.</li><li>The Ambanis live in <a href="https://www.businessinsider.com/most-expensive-home-in-the-world-2014-5" target="_blank" rel="noopener">a 27-story skyscraper in Mumbai</a>, rumored to have cost $1 billion to build, which would make it one of the most expensive homes in the world.&#xa0;</li><li>The Ambanis mingle with people like <a href="https://www.businessinsider.com/hillary-bill-clinton-relationship-timeline-2018-12" target="_blank" rel="noopener">the Clintons</a>, <a href="https://www.businessinsider.com/category/prince-charles" target="_blank" rel="noopener">Prince Charles</a>, and <a href="https://www.businessinsider.com/category/bollywood" target="_blank" rel="noopener">Bollywood</a> stars.</li></ul>&#xa0;The <a href="http://businessinsider.com/category/richest-families" target="_blank" rel="noopener">richest family</a> in <a href="https://www.businessinsider.com/category/asia" target="_blank" rel="noopener">Asia</a> is an Indian family that just threw one of the most lavish wedding celebrations in recent memory, which included a private <a href="https://www.businessinsider.com/category/beyonce" target="_blank" rel="noopener">Beyoncé</a> concert and celebrity guests including <a href="https://www.businessinsider.com/priyanka-chopra-nick-jonas-isha-ambani-wedding-photos-2018-12" target="_blank" rel="noopener">Priyanka Chopra and Nick Jonas</a>, <a href="https://www.businessinsider.com/category/hillary-clinton" target="_blank" rel="noopener">Hillary Clinton</a>, and <a href="https://www.businessinsider.com/category/arianna-huffington" target="_blank" rel="noopener">Arianna Huffington</a>.The Ambani family is behind oil-to-telecom conglomerate Reliance Industries. The company's chairman and largest shareholder is Mukesh Ambani, the richest man in Asia, who is worth an estimated $42.7 billion, according to the <a href="https://www.bloomberg.com/billionaires/" target="_blank" rel="noopener">Bloomberg Billionaires Index</a>.Mukesh's daughter, 27-year-old <a href="https://www.businessinsider.com/who-is-isha-ambani-2018-12" target="_blank" rel="noopener">Isha Ambani, married Anand Piramal</a>, 33, heir to a real estate and pharmaceutical business, in December 2018 at the Ambani family home in <a href="https://www.businessinsider.com/category/mumbai" target="_blank" rel="noopener">Mumbai</a>, a 27-story skyscraper that cost an estimated $1 billion to build.Here's a look at the Ambani family's fortune, relationships, friends, and lavish lifestyles.&#xa0;

Meet the Ambanis, the richest family in Asia, who live in a $1 billion skyscraper and mingle with royals, politicians, and Bollywood stars

<ul class="summary-list"><li>The <keyword id="42108" type="COMPANY" weightage="60" keywordseo="Ambanis">Ambanis</keyword>, <keyword id="3658" type="COUNTRY" weightage="60" keywordseo="India">India</keyword>'s richest family, plan to build <a href="https://www.theweek.in/news/biz-tech/2021/02/20/ambanis-to-build-the-worlds-largest-zoo-in-gujarats-jamnagar.html">the world's largest zoo</a> and animal rescue center in western India.</li><li>The zoo is reportedly a "pet project" of <keyword id="6374020" type="UNKNOWN" weightage="60" keywordseo="Anant-Ambani">Anant Ambani</keyword>, the youngest son of billionaire <keyword id="3820" type="PERSON" weightage="60" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword>.</li><li>On Sunday, activists <a href="https://www.telegraphindia.com/north-east/privatisation-of-two-black-panthers-kicks-up-a-storm-in-guwahati/cid/1807414">protested the transfer of two black panthers</a> from a state-run zoo to Reliance's planned private zoo. </li></ul>India's richest family, known for its lavish lifestyle and control of India's most valuable company, has a new venture: building the world's largest zoo. The Ambanis, the billionaire family that owns the <a href="https://www.businessinsider.in/business/news/top-ten-most-valued-indian-companies-according-to-hurun-list/slidelist/80250905.cms">$168 billion conglomerate Reliance Industries</a>, plan to build <a href="https://www.theweek.in/news/biz-tech/2021/02/20/ambanis-to-build-the-worlds-largest-zoo-in-gujarats-jamnagar.html">a 280-acre zoo and animal rescue sanctuary</a> called "Greens Zoological Rescue and Rehabilitation Kingdom" in Jamnagar, a city in western India, The Week Magazine reports. Mukesh Ambani, Reliance's owner and majority shareholder, <a href="https://www.bloomberg.com/billionaires/profiles/mukesh-d-ambani/"> is worth $78.3 billion</a>, making him the 12th-richest person in the world.The zoo is the "pet project" of Anant Ambani, Mukesh Ambani's 25-year-old son, per The Week. <a href="https://www.businesstoday.in/current/corporate/what-are-business-responsibilities-of-mukesh-ambani-children/story/416851.html">Anant is a board member at Jio</a>, Reliance's telecom arm. The zoo will be built near the company's refinery in Jamnagar, per The Week. <div type="image" title="anant ambani" height="1263" width="1684" msid="81168716" hostid="261"></div>Anant Ambani's zoo is slated to be home to <a href="https://news.abplive.com/news/mukesh-ambani-s-son-anant-s-pet-project-greens-zoological-rescue-and-rehabilitation-kingdom-will-sit-on-250-acres-1445080">nearly 100 species of animals</a>, birds, and reptiles from India and around the world, including African lions, pygmy hippo, Bengal tigers, and Komodo dragons, according to local media reports. The animals will be housed in various areas with names like Frog House, Dragon's Land, Aquatic Kingdom, Indian Desert, and Exotic Island.<h2>Drawing criticism after striking a deal for two rare black panthers</h2>The Greens Zoological Rescue and Rehabilitation Kingdom, which is expected to open in 2023, has already stirred up some controversy.In January, <keyword id="6355199" type="ORGANIZATION" weightage="60" keywordseo="reliance-industries">Reliance Industries</keyword> struck a deal to <a href="https://timesofindia.indiatimes.com/city/guwahati/assam-zoo-black-panthers-for-ambanis-jamnagar-zoo/articleshow/80884971.cms">obtain two rare black panthers</a> from the the Assam State Zoo in Guwahati, the Times of India reported. In exchange, Reliance agreed to ship the Guwahati zoo two pairs of zebra from Israel. But activists and a local political party have <a href="https://nenow.in/north-east-news/assam/assam-congress-condemns-transfer-of-black-panthers-from-state-zoo-to-mukesh-ambanis-jamnagar-zoo.html">criticized the transfer of the panthers</a> from the state-run Guwahati zoo to the Ambanis' private zoo, according to Northeast Now <keyword id="6355005" type="UNKNOWN" weightage="100" keywordseo="news">News</keyword>."It seems that even wild animals kept in captivity in zoos cannot escape from the tentacles of big corporate houses as the recent 'hush-hush' transfer of two black panthers from the State Zoo in Guwahati to a zoo in Gujarat being set up by the Reliance group of the Ambanis has proved," Bobbeeta Sharma, leader of the Assam Pradesh Congress Committee, said in a statement, according to the publication.<div type="image" title="black panthers" height="1852" width="2470" msid="81168717" hostid="261"></div>Around <a href="https://www.telegraphindia.com/north-east/privatisation-of-two-black-panthers-kicks-up-a-storm-in-guwahati/cid/1807414">100 activists gathered</a> in front of the Guwahati zoo to protest the transfer of the panthers on Sunday, per Telegraph India.It's unclear whether Reliance purchased the 280 acres in Jamnagar for the purpose of developing the zoo or whether the company already owned the land. A Reliance spokesperson did not immediately respond to Insider's request for comment for this story.<h2>A family that mingles with celebrities and tech CEOs</h2>Mukesh Ambani, 63, was Asia's richest man for about two years before being dethroned in December by Chinese <a href="https://www.businessinsider.com/asias-richest-man-zhong-shanshan-lifestyle-wealth-2021-1">bottled water and vaccine billionaire Zhong Shanshan</a>. Still, he's Asia's second-richest man and the richest man in India by far - the next richest is Gautam Adani, who has a <a href="https://www.bloomberg.com/billionaires/profiles/gautam-s-adani/?sref=BLKWHazc">$45 billion fortune</a> as compared to <a href="https://www.bloomberg.com/billionaires/profiles/mukesh-d-ambani/">Ambani's $78 billion.</a>The Ambani family is known for its lavish lifestyle. They live in <a href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">a 27-story skyscraper in Mumbai</a> that has three helipads and cost a reported $1 billion to build. The 2018 wedding of <a href="https://www.insider.com/who-is-isha-ambani-2018-12">Ambani's daughter, Isha Ambani</a>, was attended by the likes of Hillary Clinton, Google CEO Sundar Pichai, and <a href="https://www.insider.com/nick-jonas-priyanka-chopra-relationship-timeline-2018-6">Priyanka Chopra and Nick Jonas.</a> And perhaps most impressively, <a href="https://www.insider.com/beyonce-performs-at-wedding-of-indian-billionaire-families-isha-ambani-2018-12">Beyoncé gave a private performance</a>. <div type="image" title="ambani" height="1809" width="2412" msid="81168720" hostid="261"></div><a href="https://www.ril.com/">Reliance Industries</a> - which was founded by Mukesh Ambani's father - is <a href="https://www.businessinsider.in/business/news/top-ten-most-valued-indian-companies-according-to-hurun-list/slidelist/80250905.cms">the most valuable company in India</a>, with arms in energy, telecom, retail, petrochemicals, and more. Ambani's other two children, 29-year-old twins Isha Ambani and Akash Ambani, also hold roles at the company. According to Business Today, <a href="https://www.businesstoday.in/current/corporate/what-are-business-responsibilities-of-mukesh-ambani-children/story/416851.html">Isha holds two board and advisory roles at Jio</a>, Reliance's lucrative telecom arm that secured <a href="https://www.businessinsider.com/facebook-invests-in-jio-india-mobile-internet-service-2020-4">a $5.7 billion investment from Facebook</a> last year. Akash also works at Jio as part of the executive committee. He's involved in the company's product development, messaging, and chat services.

India's richest family is planning to build the world's largest zoo, and the 280-acre project has already sparked a protest by animal activists

Asia's richest man Mukesh Ambani's company, Reliance Industries, will buy the iconic British toy-maker Hamleys for £67.96 million ($88 million, or ₹620 crore) in an all-cash deal. This is an interesting addition to Ambani's retail bouquet, which includes the likes of <keyword id="117076" type="COMPANY" weightage="20" keywordseo="Burberry">Burberry</keyword>, Canali, Paul Smith, <keyword id="6703349" type="COMPANY" weightage="20" keywordseo="Armani">Armani</keyword>, Just Cavalli, <keyword id="157707" type="PERSON" weightage="20" keywordseo="Jimmy-Choo">Jimmy Choo</keyword>, among many more that Reliance Brands has global partnerships with. Even before the deal on May 9, <keyword id="58448" type="COMPANY" weightage="20" keywordseo="Reliance-Retail">Reliance Retail</keyword> had a pan-India franchise agreement with Hamleys to merchandise its famous toys through 88 outlets in 29 cities. 
 
 
 
 
 
 
 
 
 
 
 
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 "Over the last few years, we have built a very significant and profitable business in toy retailing under the Hamleys brand in India. This 250-year-old English toy retailer pioneered the concept of experiential retailing, decades before the concept of creating unique experiences in brick and mortar retailing became the new global norm," Mehta said. Reliance Retail includes Reliance Fresh, <keyword id="3874907" type="ORGANIZATION" weightage="20" keywordseo="reliance-smart">Reliance Smart</keyword>, Reliance Market, Reliance Digital, Jio Stores,Reliance Trends, Project Eve, Reliance Footprint, Reliance Jewels, AJIO and other partner brands. Globally, however, Hamleys has been struggling. Its current owner, the Chinese fashion major C Banner International, which sells <keyword id="578384" type="PERSON" weightage="20" keywordseo="Steve-Madden">Steve Madden</keyword> products in China, is cashing out of Hamleys less than five years after it bought the toy maker-- more than 30% below the cost of purchase. For Mukesh Ambani, whose personal net worth is above $50 billion according to Forbes, this is the 27th deal in the last 26 months that is redefining Reliance Industries. The company has been a predominantly an oil refiner and a petrochemicals major for over a couple of decades. However, in the last few years, Ambani has been in a shopping spree, buying companies from a media production house to a music streaming app, to cable networks to telecom software and hardware units. 
	
	
 
 
 
 
 
 
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 This, aside from the mammoth investment in Jio, the country's youngest telecom service provider that has taken the country by storm from the moment it was born. The rerating of the company, as a technology and consumer play, though on the cards, will be a gradual process that will happen over the next few years, Vinod Sharma, head of capital markets strategy and the private clients group at HDFC Securities <a target="_blank" href="https://economictimes.indiatimes.com/industry/energy/oil-gas/why-mukesh-ambani-led-ril-needs-to-be-viewed-as-a-tech-and-consumer-player/articleshow/66395674.cms">told</a> the Economic Times. SEE ALSO: <a href="https://www.businessinsider.in/15-deals-have-given-mukesh-ambanis-8-5-trillion-reliance-industries-a-distinct-makeover/articleshow/68422829.cms" data-type="tilCustomLink" target="_blank">15 deals have given Mukesh Ambani’s ₹8.5 trillion Reliance Industries a distinct makeover</a>

Mukesh Ambani's new  $88 million toys from Hamleys are the talk of the town

<ul><li><keyword id="8372" type="General" weightage="100" keywordseo="akash" source="Orion">Akash</keyword> <keyword id="10924" type="General" weightage="80" keywordseo="ambani" source="Orion">Ambani</keyword> is the elder son of one of India’s richest businessmen Mukesh Ambani; and the only Indian to debut on Time Magazine’s Next 100 List. </li><li>During the 2022 Reliance Industries’ annual general meeting, he announced the launch of Jiofibre and virtual PCs. </li><li>Akash Ambani will head India’s largest telecom operator and is one of the heirs of <keyword id="3820" type="General" weightage="50" keywordseo="mukesh-ambani" source="Orion">Mukesh Ambani</keyword>’s<a href="https://www.bloomberg.com/billionaires/profiles/mukesh-d-ambani/"> $80.5 billion empire</a>. </li></ul>He may have become the new boss of <keyword id="6354504" type="General" weightage="50" keywordseo="reliance-jio" source="Orion">Reliance Jio</keyword> – India’s largest telecom operator – recently, but Akash Ambani has been prepping for the top job from birth. As the grandson of <keyword id="6418409" type="General" weightage="50" keywordseo="dhirubhai-ambani" source="Orion">Dhirubhai Ambani</keyword> and son of Mukesh Ambani, the Junior Ambani has always had big shoes to fill, but he seems to be stepping into them quite effortlessly. He is also keeping the family tradition of breaking into lists by becoming the only Indian to enter the Time Magazine’s Next 100 list. Time’s Next 100 list essentially puts the spotlight on emerging leaders who are shaping the world of business, sports, finance, entertainment, politics, science, health, and activism. The list also features the likes of American singer SZA, actress Sydney Sweeney, basketball player Ja Morant, Spanish tennis player Carlos Alcaraz, actor and television personality <keyword id="945810" type="General" weightage="50" keywordseo="keke-palmer" source="Orion">Keke Palmer</keyword>, and environment activist Farwiza Farhan. Not surprisingly, the scion of the Ambani family has made it as an A-lister, given the mantle he holds as the Chairman of Reliance <keyword id="2003276" type="General" weightage="50" keywordseo="jio" source="Orion">Jio</keyword> with 426 million users. One of the heirs of <a href="https://www.bloomberg.com/billionaires/profiles/mukesh-d-ambani/">Mukesh Ambani’s $80.5 billion empire</a>, the 30-year-old has his work cut out, as the company looks to launch 5G services later this year. Akash is married to <keyword id="6296629" type="General" weightage="50" keywordseo="shloka-mehta" source="Orion">Shloka Mehta</keyword>, who hails from one of the richest diamond families of India. The Ambani family welcomed their first grandchild, <keyword id="10488859" type="General" weightage="50" keywordseo="prithvi-ambani" source="Orion">Prithvi Ambani</keyword>, in 2020. Reliance Jio has been touted as one of the fastest growing companies in the world and Akash has reportedly played a key role in bringing marquee investors and global giants like Facebook, Catterton, Silver Lake and General Atlantic to the company. Akash Ambani’s journey of becoming one of the most influential next-gen leaders began only four years ago, when he gave his first public address at the India Digital Open Summit. “Our chairman believes India is on a path to be a technology innovation leader and technology superpower. We are fortunate to be living in India, where we have a vision for Digital India. At Jio we believe AR/VR will grow at 50% CAGR for next 5 years,” said Akash Ambani, who was 26 years old at the time. On June 27 2022, Reliance Chairman Mukesh Ambani handed over the reins of the empire to his eldest son <a href="https://www.businessinsider.in/business/corporates/news/mukesh-ambani-steps-down-as-director-of-reliance-jio-akash-ambani-appointed-chairman/articleshow/92521472.cms">Akash Ambani</a>. Referring to the next generation Ambanis — Isha, Akash and Anant — Mukesh Ambani said at the company’s 45th annual general meeting, “All three have fully inherited our founder's mindset. They are first among equals in a young team of leaders and professionals who are already doing amazing things at Reliance.” Akash Ambani’s ambitious plan to launch virtual PCs in India Reliance Jio Infocomm (RJIL), a subsidiary of RIL, is the largest telecom operator in India. From less than 700 professionals a few years ago, the RJIL team has grown rapidly to over 10,000 professionals today. “With 5G being rolled out in India, the current 800 million connected internet devices will double to 1.5 billion connected internet devices in just a year,” said Akash Ambani at the latest annual general meeting. The 30-year-old also announced the launch of ‘<a href="https://www.businessinsider.in/tech/enterprise/news/jio-airfiber-to-offer-cloud-pc-services-soon/articleshow/93857295.cms">virtual PC</a>’ through the launch of Jio AirFiber giving a boost to AI-enabled services in India. “5G gives ultra-high fibre-like speed over the air without any wires. We are calling it JioAirFiber. With JioAirFiber, it will be really easy to quickly connect your home or office to Gigabit-speed Internet,” he said. Investing ₹2 lakh crore, the next-generation Ambani will also head the implementation of 5G services in India – the latest version called standalone 5G sans dependence on 4G network. Challenges for Ambani junior while heading Reliance Reliance Jio offers its services at affordable tariffs, a dream that the founder of Reliance Industries had of offering telecom services at the rate of a postcard. While Akash Ambani’s father delivered on that promise, the 30-year old scion will have his job cut out as the company looks to launch its ambitious 5G services this Diwali. The company faces competition from the Sunil Mittal-helmed Airtel. Interestingly, Airtel is a professionally run company and both of Mittal’s sons pursue their own business interests. An avid sports nut Apart from heading the most ambitious projects in the world, Akash is known to have a keen interest in sports and premium cars. Akash’s first public appearance was at a Mumbai Indians cricket match as the company bought the team <a href="https://www.republicworld.com/sports-news/cricket-news/ipl-mega-auction-which-teams-were-sold-in-the-2008-inaugural-edition-and-at-what-prices.html">for $111.9 million back in 2008</a>. He is an avid cricket fan and can be seen regularly leading auctions to filter through the players for the Mumbai Indians IPL league. Ambani Junior is also a fan of the Arsenal football club. In 2016, he got to play in his private football area with Arsenal’s former forward Thierry Henry. Alongside sports, Akash has a legion of premium cars like Bentley Bentayga, Range <keyword id="5160615" type="General" weightage="50" keywordseo="rover-vogue" source="Orion">Rover Vogue</keyword>, BMW 5-Series, Lamborghini Urus, Rolls Royce Phantom Drophead Coupe and Maybach 62 to list a few. The passion for fancy wheels comes from both his parents. The road to living up to the name of “industry royalist” is long but Akash Ambani’s blueprint for Reliance is being closely watched by the world. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/9-in-10-indian-leaders-question-employees-productivity-in-hybrid-work/articleshow/94529650.cms">9 in 10 Indian leaders question employees' productivity in hybrid work</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/adani-greens-54-rally-tempts-totalenergies-to-book-profits/articleshow/94529227.cms">Adani Green’s 54% rally this year tempts TotalEnergies to book profits</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/people-want-bigger-homes-and-reopening-offices-schools-hasnt-altered-this-trend/articleshow/94512938.cms">People want bigger homes and reopening offices, schools hasn’t altered this trend</a>

Akash Ambani’s keeping up the family tradition of breaking into global lists

<ul><li>Reliance will use <keyword id="691847" type="PERSON" weightage="20" keywordseo="Google-Cloud">Google Cloud</keyword> to power Jio’s 5G services, after announcing a co-developed Android smartphone, the JioPhone Next.</li><li>As part of this collaboration, Reliance will also move some of its core businesses like <keyword id="58448" type="COMPANY" weightage="20" keywordseo="Reliance-Retail">Reliance Retail</keyword>, JioMart among others to Google Cloud.</li><li>The announcement was made by <keyword id="164502" type="PERSON" weightage="20" keywordseo="Sundar-Pichai">Sundar Pichai</keyword> and <keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword> during <keyword id="6355199" type="COMPANY" weightage="20" keywordseo="reliance-industries">Reliance Industries</keyword>’ annual general meeting.</li></ul>Mukesh Ambani-led Reliance Jio and tech giant Google have come together to power the telecom giant’s 5G telecom services. This comes after both the companies co-developed the JioPhone Next, the first Android smartphone from the Indian telecom giant. At the Reliance Industries’ annual general meeting (AGM) today, June 24, Google’s Chief Executive Officer (CEO) Sundar Pichai announced that the two companies are taking their collaboration further with a new 5G partnership. <div type="Article" hostid="261" msid="83806398" title="Reliance announces JioPhone Next smartphone in partnership with Google – available from September 10" mstype="2" mssubtype="0"></div> This, Pichai said, will “allow users to connect to a faster internet, support businesses in their digital transformation, and help Jio build new services in sectors like healthcare, education, and more.” <cmsannotation type="cmsannotation" annotationid="Reliance to shift its core retail businesses to Google Cloud" comment="subhead" text="Reliance to shift its core retail businesses to Google Cloud">Reliance to shift its core retail businesses to Google Cloud</cmsannotation> Pichai made another important announcement, stating that Reliance will move its retail businesses to Google Cloud, in what will be a major win for the company against its rivals Microsoft and Amazon, who offer cloud infrastructure, too. Reliance Industries’ Chairman Mukesh Ambani said that the company will use Google Cloud to “power Jio’s 5G solutions and Reliance’s key businesses like Reliance Retail, JioMart, JioSaavn, JioHealth, and more. SEE ALSO: <a href="https://www.businessinsider.in/business/news/rils-mukesh-ambani-addresses-shareholders-at-agm/articleshow/83806120.cms">Reliance Industries’ AGM — Mukesh Ambani officially announces Saudi Aramco as strategic partner</a> <a href="https://www.businessinsider.in/tech/mobile/news/jiophone-next-smartphone-announced-check-out-features-launch-date/articleshow/83806398.cms">Reliance announces JioPhone Next smartphone in partnership with Google – available from September 10</a>

Jio and Google come together for 5G, leveraging Google’s cloud expertise and Jio’s networking prowess

<ul><li>After the 42nd <keyword id="6355199" type="ORGANIZATION" weightage="20" keywordseo="reliance-industries">Reliance Industries</keyword> Limited (RIL) Annual General meeting yesterday, the company's stocks at trading at an 11% high today.</li><li>Chairman of RIL, <keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword>, announced the upcoming launch of <keyword id="4056036" type="PERSON" weightage="20" keywordseo="Jio-Fiber">Jio Fiber</keyword> and its many features which has left its competitors in a lurch.</li><li>As a result, companies like Airtel, Tata Communications, PVR cinemas and Vodafone Idea are trading in the red.</li></ul>Reliance Industries Limited (RIL) saw the biggest intraday rise in its share price today driving shares up by 12% and taking the benchmark indices like Sensex and Nifty along with it. Nearly half of all stocks on these indices are in red but heavyweight Reliance alone has managed to keep mood afloat. The spike in RIL's share price has put it back in the race of becoming the highest valued Indian company trailing behind Tata Consultancy Services (TCS) by $1 billion. However, RIL's gains have come at a huge loss for many of its competitors in many different sectors. <a href="https://www.businessinsider.in/highlights-of-mukesh-ambani-speech-at-reliance-industries-agm/articleshow/70638299.cms">Chairman Mukesh Ambani's speech</a> laid out his vision for the company and <a href="https://www.businessinsider.in/reliance-jio-fired-up-as-mukesh-ambani-joins-hands-with-satya-nadellas-microsoft-to-challenge-jeff-bezos-in-india/articleshow/70641754.cms">every plan</a> of his came as a threat to one existing company or the other. Given its size, scale, its pile of cash and Ambani's deep pockets, anyone competing with Reliance Industries is expected to have a tough time. Jio Fibre, the frontier Ambani announced that <a href="https://www.businessinsider.in/reliance-jio-gigafiber-launch-heres-what-it-will-offer-consumers/articleshow/70630655.cms">Jio Fiber</a> will be launching commercially starting 5 September 2019 with plans that start at ₹700 with a minimum speed of 100 Mbps. Jio's competitors, Airtel and Vodafone Idea, are already feeling the pressure with their stocks taking a dip when the markets opened today morning. But both Airtel and Vodafone Idea have more to fear than just Jio Fibre. The Aramco energy Jio's mobile phone services has about 340 million subscribers as of now. Ambani is targeting to take this number to over 500 million over the next few months. That would mean Jio will remain an aggressive player in the market and that's bad news for other players like Airtel and Vodafone Idea. Given that RIL is getting additional cash from Aramco and BP, and if it becomes a zero net debt company by March 2021, the company of its size and scale will only have more money to muscle out other players with its aggressive pricing. Other telcos are already in deep trouble after having fought Jio in the market for nearly three years with higher discounts, funded by higher debt. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Stock </td><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Impact </td></tr><tr><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Airtel </td><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">-5.28% </td></tr><tr><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Vodafone Idea </td><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">-6.54% </td></tr></tbody></table> Movie theaters feel the heat Ambani also announced that the Jio Fiber service will also include a feature called ‘<a href="https://www.businessinsider.in/reliance-jio-fired-up-as-mukesh-ambani-joins-hands-with-satya-nadellas-microsoft-to-challenge-jeff-bezos-in-india/articleshow/70641754.cms">First Day First Show</a>'. Essentially, you'll be able to watch a film at home, the same time as it releases in theaters. <a href="https://twitter.com/INOXMovies/status/1161139021994758145">Inox</a>, responded to Ambani's announcement by stating that multiplex owners have exclusive theatrical window of eight weeks before a movie can be released on any other platform. Something, they point out, that is followed internationally. "We strongly believe that Indian move watchers' love for cinema on giant screen is deep rooted and unshakeable," the company said. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Stock </td><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Impact </td></tr><tr><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">PVR </td><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">-4.10% </td></tr><tr><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Inox Leisure Limited </td><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">-4.11% </td></tr></tbody></table> And, then there's television The Jio Fiber service will come bundled with a 4K LED television and a set top box for premium customers. Ambani also said that he will throw in OTT subscriptions at no additional cost. So, it's your OTT services, cable services and broadband along with new devices — all wrapped into one. That would dwarf the current offerings from companies like Tata Communications, the company behind Tata Sky, and Dish TV. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Stock </td><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Impact </td></tr><tr><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Tata Communications </td><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">-4.3% </td></tr><tr><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Dish TV </td><td style="border-left:solid #cccccc 0.7470705000000001pt;border-right:solid #cccccc 0.7470705000000001pt;border-bottom:solid #cccccc 0.7470705000000001pt;border-top:solid #cccccc 0.7470705000000001pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">-3.21% </td></tr></tbody></table> See also: <a href="https://www.businessinsider.in/The-Indian-rupee-is-falling-fast-and-there-are-both-winners-and-losers/articleshow/70652166.cms" style="">The Indian rupee is falling fast-- and there are both winners and losers</a> <a href="https://www.businessinsider.in/tech/mukesh-ambani-plans-to-connect-a-billion-devices-on-his-iot-platform-and-hes-not-only-talking-about-light-bulbs/articleshow/70643115.cms">Mukesh Ambani plans to connect a billion devices on his IoT platform — and he isn't only talking about light bulbs</a> <a href="https://www.businessinsider.in/highlights-of-mukesh-ambani-speech-at-reliance-industries-agm/articleshow/70638299.cms">Mukesh Ambani's speech at the Reliance Industries AGM had ten big takeaways</a> <a href="https://www.businessinsider.in/reliance-jio-fired-up-as-mukesh-ambani-joins-hands-with-satya-nadellas-microsoft-to-challenge-jeff-bezos-in-india/articleshow/70641754.cms">Reliance Jio fired up as Mukesh Ambani joins hands with Satya Nadella’s Microsoft to challenge Jeff Bezos in India</a>

The best day for Mukesh Ambani's Reliance Industries in a decade was a bad one for its rivals

<keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword>, the richest man in the country, can teach a lesson or two to everyone, especially budding entrepreneurs. But since, he is busy raking in the moolah, BI India decided to pick up five lessons that he can teach all. 

	Dream big!
 The man inherited his father and India’s iconic business leader <keyword id="6418409" type="PERSON" weightage="20" keywordseo="Dhirubhai-Ambani">Dhirubhai Ambani</keyword>’s genes when it comes to dreaming big. In 90s, Ambani, then in his 30s, had dreamt of becoming the largest producer of polyester fibre and yarn in the world and he actually did it. Today, RIL is the largest producer of polyester fibre and yarn in the world, with a capacity of 2.5 million tonnes per annum, beating the traditional producers from South Korea and Taiwan, who had dominated the business since 1970s. 

	Do more, say less!
 The quote by Israelmore Ayivor is apt for Mukesh Ambani. The 57 year old likes to keep a low profile. He isn’t keen on social dos and neither is he voicing opinions on important economic issues at events such as the World Economic Forum. But still, he is one of the most talked about personalities in the country. Ambani’s focus has always been his business and this entrepreneur is credited for the creation of the world’s largest <keyword id="84980" type="ORGANIZATION" weightage="20" keywordseo="petroleum">petroleum</keyword> refinery at Jamnagar in Gujarat besides other successful ventures. Need we say more? 

	Depend on no one!
 

	A feudal style of management is not the mantra today. And Mukesh Ambani realised it even before feudalism was out of the system. Ambani in an interview had said that he did not want “people carrying their wisdom in notebooks as if it some kind of secretive operations”. While he has a trusted team of a few people, who have played a pivotal role in the growth of his empire , Ambani has always emphasized on the importance of being involved in one’s own business. Well, no wonder he managed to create an empire with net worth of Rs1,76,766 crore in 2012-13.
 

	Don’t panic, stay strong!
 

	Mukesh Ambani joined his father’s business at a very young age. While he was still learning the nuances of the business, he lost his uncle and his father’s business partner Rasikbhai in 1986. This was followed by Dhirubhai Ambani’s stroke within five months of his uncle’s death. Ambani then had to take his father’s place and steered the company forward at a time when India still had Licence Raj.
 

	Keep your eyes open
 

	Mukesh Ambani keeps his eyes wide open when it comes to hunting for new ventures. During the announcement of Reliance Jio initiative, Ambani had clearly said, “Today I see a billion people as a billion potential consumers, an opportunity to generate value for them and to make a return for myself”. With start-ups mushrooming in the country, Ambani has now turned his eye at it and will soon be seen mentoring technology start-ups that spawn billion-dollar businesses in the country.

You Searched For "mukesh ambani companies" and got 11 results

Here's a look at all the companies that Mukesh Ambani owns

BI India Bureau

Reliance Industries' shares worth over Rs 9,145 cr change hands

PTI

Mukesh Ambani gets his ‘richest Indian’ crown back with a wealth of $104.4 billion

Rounak Jain

The creditors of Anil Ambani’s cash-strapped Reliance Communications are finally making it undergo bankruptcy proceedings

Dilsher Dhillon

Meet the Ambanis, the richest family in Asia, who live in a $1 billion skyscraper and mingle with royals, politicians, and Bollywood stars

Katie Warren

India's richest family is planning to build the world's largest zoo, and the 280-acre project has already sparked a protest by animal activists

Katie Warren

Mukesh Ambani's new $88 million toys from Hamleys are the talk of the town

Sriram Iyer

Akash Ambani’s keeping up the family tradition of breaking into global lists

Eetika Kapoor

Jio and Google come together for 5G, leveraging Google’s cloud expertise and Jio’s networking prowess

Rounak Jain

The best day for Mukesh Ambani's Reliance Industries in a decade was a bad one for its rivals

Prabhjote Gill

5 Lessons Entrepreneurs Should Learn From Mukesh Ambani

Purba Das

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