Mukesh Ambani

With an aim to produce clean energy, Mukesh Ambani announced Rs 75,000 crore investment for the set up of "Giga Factories", on June 24. The factories will be set to up produce solar photovoltaic cells, green hydrogen, batteries, and fuel cells over the next three years to bridge the "green energy divide in India and globally". In the company's shareholders' meeting, he stated that Reliance will be capable of generating 100GW of solar power.… read-more

Adani Group's owner Gautam Adani, with a net worth of $67 billion, has surpassed China's Zhong Shanshan ($63.6Bn) to become the second-richest Asian. With the feat, Adani has now bagged the 16th place globally, four behind richest Asian Mukesh Ambani ($76.5Bn). According to Bloomberg's report, Adani's rise began in 2020 since stocks of all his six companies rose, taking the market capitalisation from $20 billion to $115 billion.

Mukesh Ambani-owned Reliance Industries on April 17 extended its help to Madhya Pradesh's worst-hit city Indore by providing 60 tonnes of medical oxygen. The company sent the oxygen tankers from its Gujarat's Jamnagar plant, and has assured of supplying 100 tonnes of oxygen to Indore every day. Thanking RIL, BJP Indore chief Tulsi Silavat stated it "will be extremely useful for the city." Earlier, Reliance had sent oxygen to Maharashtra.

NIA sources on April 9 said Sachin Vaze was "planning another big act" after the Antilia bomb scare. The agency is also connecting the dots to decipher whether ex-cop Pradeep Sharma helped Vaze. Meanwhile, it stated Param Bir Singh was being questioned as a witness and not a suspect in the case. Earlier, a special NIA court sent Vaze to judicial custody and granted CBI an access to his diaries.

The NIA on April 1 searched a South Mumbai hotel and club during its probe in the Mukesh Ambani bomb scare case. Vacating the premise near Babulnath temple, the NIA officials questioned hotel staff for three hours. The NIA recently brought the prime suspect and suspended Mumbai top cop Sachin Waze for investigation. Reportedly, Waze is accused of killing businessman Mansukh Hiran and parking an explosive-laden SUV near Mukesh Ambani’s house… read-more