Photo: Deccan Herald
Reliance To Invest Rs 75,000 Cr To Expand Petrochemical Capacity
Reliance Industries Ltd. (RIL) has announced to invest Rs 75,000 crore in the next five years to expand its petrochemical capacity, informed RIL chairman Mukesh Ambani on August 29. Ambani, while speaking at the company’s annual general meeting, said that the investments will be used in setting up a PTA plant. The money will also be used in expanding polyester capacity, tripling capacity of vinyl chain and a chemical unit.
Tags: Petrochemical, Reliance, Mukesh Ambani, PTA Plant, UAE
Courtesy: Press Trust Of India
Photo: First Post
Mumbai Court Sends Man Who Threatened Ambani Family To Judicial Custody
A Mumbai Court has sent the 56-year-old jeweller, who allegedly threatened to kill industrialist Mukesh Ambani and his family, to judicial custody till August 20. Notably, Mumbai police arrested the man for allegedly calling at the Reliance Hospital and threatening the Ambani family. After the arrest, DB Marg Police presented the accused before Police today. Furthermore, after an initial investigation, it was revealed that the man was… read-more
Tags: Mukesh Ambani, Judicial Custody, threat call, arrested, Mumbai
Courtesy: The Free Press Journal
Photo: Telangana Today
Man Detained For Threatening Mukesh Ambani And His Family
In Mumbai, the police detained a man, identified as Afzal, who is making threat calls to the business tycoon Mukesh Ambani and his family. Notably, the man called on the landline and threatened the family members, and informed the police, which launched an investigation and detained the person. The police also informed me that the caller was mentally unstable. Furthermore, an FIR has been registered and an investigation is underway.
Tags: Mukesh Ambani, threatened, police custody, Mentally Unstable, Business tycoon
Courtesy: The Free Press Journal
Photo: Yahoo Sports
Reliance Foundation's Harskisandas Hospital Recieve Threat Calls For Mukesh Ambani, Family
Mukesh Ambani and his family got three threat calls on August 15. The calls were made to the Harskisandas Hospital of the Reliance Foundation. The DB Marg police are attempting to get further information. Mumbai Police stated, "Reliance Foundation has filed a complaint about the threat calls to Reliance Industries chairman Mukesh Ambani and his family. More than three calls were received at the hospital. A probe is underway."
Tags: Mukesh Ambani, nita ambani, Threat Calls, Hospitals, Mumbai Police
Courtesy: India Today
Photo: Outlook India
SC Permits Centre to Retain Mukesh Ambani's Family's Security Cover In Mumbai
Supreme Court granted the Centre permission to continue providing protection to businessman Mukesh Ambani and his family in Mumbai on July 22. A bench accepted the Central Government's appeal against the Tripura High Court's decision on a PIL. Solicitor General Tushar Mehta, representing the Centre, stated that the PIL petitioner (Bikash Saha) in Tripura had nothing to do with Ambani's protection in Mumbai.
Tags: Supreme Court of India, Centre, Mukesh Ambani, security cover, Family
Courtesy: Free Press Journal
Photo: First Post
Isha Ambani Likely To Be Named As Reliance Retail Ventures Chairman
Isha Ambani, currently Director of Reliance Retail Ventures, could be named as Chairman of the unit. The speculations came a day after Mukesh Ambani, founder of Reliance Jio announced his son to be the chairman of the company, after resigning. Sources close to the development, wishing anonymity until the official announcement said, "Isha Ambani’s elevation could come as early as Wednesday". Notably, Isha (30) is an alumnus of Yale University… read-more
Tags: Reliance Retail Ventures, Mukesh Ambani, isha ambani, chairman, akash ambani
Courtesy: Business Standard
Photo: The Indian Express
Mukesh Ambani Resigns, Announces Akash Ambani As New Reliance Chairman
Mukesh Ambani, the Chairman of Reliance Jio resigned from his post and named Akash Ambani as the new Chief Executive Officer (CEO) of the company. On June 28, in an official statement, the company said, the board of directors, "approved the appointment of Akash M Ambani, non-executive director, as chairman of the board of directors of the company." In addition, Mohan Pawar has been appointed as Reliance MD.
Tags: Mukesh Ambani, akash ambani, Reliance Jio, chairman, MD
Courtesy: The Free Press Journal
Photo: The Economic Times
Reliance Ltd Seeks New Technology For PM Modi's Green-Hydrogen Energy In India
Reliance Limited MD Mukesh Ambani announced to assess new technologies for making electrolyzers to produce low-cost green hydrogen in India. The announcement to seek new technologies came after PM Narendra Modi launched the green-hydrogen policy in February 2022, aiming for renewable-energy. For this, Reliance Ltd said, it will bid for any production-linked incentives the government may offer to encourage the technology. Notably, green-… read-more
Tags: Reliance Ltd, Mukesh Ambani, business, Investment, Green-Hydrogen
Courtesy: Business Standard
Photo: Live Mint
Mukesh Ambani Regains 'Asia's Richest Man' Title With $99.7 Bn Net Worth, Surpasses Gautam Adani
The title of 'Asia's richest man' has gone back to its previous owner, Chairman and MD of Reliance Groups Ltd Mukesh Ambani. Ambani surpassed Gautam Adani, as his net worth rose to $99.7 billion, while Adani's net worth stands at $98.7 billion. According to Bloomberg Billionaire Index, Ambani in the international ranking, stands at the eight spot, while Adani at ninth. Elon Musk remains the richest man with $227 billion.
Tags: Bloomberg, Billionaire, Richest Man, Mukesh Ambani, Gautam Adani
Courtesy: ANI
Photo: Business Insider
Reliance Spent Rs 1,184.93 Crores For CSR During COVID-19 Wave
Reliance Industries Limited owned by billionaire Mukesh Ambani spent a record Rs. 1,184.93 crores for corporate social responsibility (CSR) initiatives. In Fiscal Year (FY) 2022, March 31, the company spanned oxygen delivery during the second Covid-19 wave. On May 29, Reliance company's latest annual CSR Report read, "Through FY 2021-22, Reliance put social responsibility initiatives, health and well-being of communities at the top of its… read-more
Tags: Reliance, Mukesh Ambani, business, CSR, Covid-19
Courtesy: Press Trust of India
