Hurun India Rich List 2019: Mukesh Ambani richest Indian

Reliance Industries’ Chairman Mukesh Ambani is India’s richest man as mentioned in the IIFL Wealth-Hurun India Rich List 2019. He has topped the list of richest Indians for the 8th consecutive year. He currently has a net worth of Rs ..

Month: Current Affairs - September, 2019

What is behind RIL plans to become a zero-net debt company?

The Reliance Industries group, currently lead by Mukesh Ambani is one of the largest companies in India. This gargantuan conglomerate, which has wide-ranging interests in the hydrocarbon sector to the telecommunications space and the retail market, is looking to reduce ..

Mukesh Ambani rolls out JioFiber, offering minimum 100 Mpbs internet speed for Rs.699/month

Reliance Jio Infocomm has commercially launched its fiber-based wired broadband service called JioFiber, which offers a bundle of services such as high-speed internet, landline phone and High Definition (HD) television. Key Features of JioFiber Broadband services offer a minimum internet ..

Month: Current Affairs - September, 2019

Time 100 Most Influential People 2019

The Time 100 Most Influential People 2019 list named the world’s most influential pioneers, leaders, titans, artists and icons of the year. The list includes Indian-American comedian and TV host Hasan Minhaj, US President Donald Trump, Pope Francis, Chinese President ..

Mukesh Ambani became World’s Richest Sports team owner

Asia’s richest man and Reliance Industries chairman man, Mukesh Ambani has recently topped Forbes’ “The World’s Richest Sports Team Owners 2019” list. With a total net worth of about $50 billion, Ambani topped the list. He bought the IPL team ..

Reliance Industries become first Indian company to cross Rs. 8 trillion market cap

Mukesh Ambani-led oil-to-telecom behemoth Reliance Industries Ltd (RIL) became first Indian company to cross Rs 8 lakh crore ($114 billion) market capitalisation. This record m-cap of RIL also bumped up Mukesh Ambani’s (India’s richest man) wealth to over $48 billion ..

Month: Current Affairs - August, 2018

15th edition of Hindustan Times Leadership Summit (HTLS)

Prime Minister Narendra Modi has inaugurated the 15th edition of the Hindustan Times Leadership Summit (HTLS) in New Delhi on November 30, 2017. The 2-day summit is based on the theme ‘The Irreversible Rise of India’ to bring up ‘revolutionary ..

Mukesh Ambani becomes 2nd richest man in Asia

Mukesh Ambani has become the Asia’s second richest man according to the 2017 Bloomberg Billionaires Index (BBI). According to the 2017 index, Ambani’s net worth has risen to $35.8 billion (around Rs 2.2 lakh crore), making him the 19th richest ..

Reliance Industries market capitalisation hits Rs 5 lakh crore mark

Mukesh Ambani-led Reliance Industries Limited (RIL) for the first time in its trading history has crossed Rs 5 lakh crore in market capitalisation. The market cap of RIL stood at Rs 5,04,458.09 on BSE (Bombay Stock Exchange. RIL is second ..

Month: Current Affairs - July, 2017

Mukesh Ambani, Tata join Bill Gates for $1 billion clean energy fund

The Breakthrough Energy Coalition (BEC) with members like Reliance Industries Chairman Mukesh Ambani, Tata Sons Chairman Emeritus Ratan Tata, Alibaba’s Jack Ma and other billionaires will invest more than $1 billion in clean energy called the Breakthrough Energy Ventures (BEV). ..