In the next two decades, I can confidently say that India shall be leading the world and shall contribute to the next wave of global economic growth, says Ambani
The tale of the two brothers' diverging fortunes began 16 years ago, when their rags-to-riches father Dhirubhai Ambani, whose life inspired a Bollywood film, died of a stroke without leaving a will
As per the 'Forbes India Rich List 2018', Wipro Chairman Azim Premji has retained the second spot
Mukesh Ambani has retained the top spot as the wealthiest Indian for the seventh consecutive year
The said fabric will be made from speciality engineered fibres for denim and other woven fabrics
Reliance Jio, which stormed the sector with free calls and data forcing rivals to merge or exit as revenues declined, has amassed 215 million subscribers since its 2016 launch
Ambani has added $4 billion to his fortune this year as Reliance doubled its petrochemicals capacity and investors cheered the success of his disruptive telecom upstart Reliance Jio Infocomm Ltd
The company put a resolution to re-appoint Ambani 'for a period of five years, on expiry of his present term of office, i e with effect from April 19, 2019' at the 41st Annual General Meeting
Helmed by India's richest man Mukesh Ambani, the company has struck at least 12 deals over 12 months with an estimated tab of about 289 billion rupees ($4.21 billion)
After Dhirubhai Ambani's demise on July 6, 2012, Mukesh was elected Chairman and Managing Director of RIL, while younger brother Anil was elected Vice Chairman and MD
Nita Ambani, the chairman's wife, who is a non-executive and non-independent director on the board saw her compensation rise Rs 15.6 mn
Ambani voluntarily capped his compensation at Rs 150 million in October 2009 amid a debate over right-sizing of CEO salaries
India is one of the world's biggest users of coal, and renewable energy such as solar power is a priority for Prime Minister Narendra Modi's government
Over 50,000 people also attended the celebrations at the Reliance Corporate Park, Navi Mumbai
At Rs 2.9 lakh crore, RIL's incremental capex is nearly 3 times the combined capex of the next 5 family-owned business groups
Mumbai's chief fire officer Prabhat Rahangdale said the intensity of the fire was very low
Half a dozen fire tenders were rushed to douse the flames, a civic official said
It's making huge losses as gas production from KG basin in the Bay of Bengal has declined
To a question as to what money means to him, the country's richest man said "nothing"
RIL is getting many Indians who have held leadership roles in other countries in the past