Mukesh Ambani is the chairman and managing director of Reliance Industries, India's largest company by market value. Some key facts:
- He took over Reliance Industries in 1980 to help his father Dhirubhai Ambani build the company.
- Under his leadership, Reliance Industries has become a diversified conglomerate with interests in energy, petrochemicals, retail, telecommunications, and more.
- The company employs over 342,000 people and generated $120 billion in revenue in 2023, making Ambani the richest person in Asia and one of the richest in the world.
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While the group companies of the Reliance Group have been developing chronic fault lines, Anil Ambani, has come a long way, developing and nurturing the conglomerate before he had to walk the tight ropes of debt. The not-so media shy business tycoon, is credited with introducing business innovations that once proved to be breakthroughs for the Indian economy. Here’s a comprehensive look as to how he took up the herculean task of building the Reliance Group.
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How did anil ambani build reliance groupNagmaKhan54
While the group companies of the Reliance Group have been developing chronic fault lines, Anil Ambani, has come a long way, developing and nurturing the conglomerate before he had to walk the tight ropes of debt. The not-so media shy business tycoon, is credited with introducing business innovations that once proved to be breakthroughs for the Indian economy. Here’s a comprehensive look as to how he took up the herculean task of building the Reliance Group.
Explore Sarasota Collection's exquisite and long-lasting dining table sets and chairs in Sarasota. Elevate your dining experience with our high-quality collection!
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2. MUKESH DHIRUBHAI AMBANI
Born on 19 April 1957, YEMAN .
He’s an Indian Billionaire Businessman.
He’s the Chairman and Managing Director of RELIANCE
INDUSTRIES.
Completed Bachelor of Engineering in Chemical Engineering -
Institute of Chemical Technology .
Then he enrolled for MBA at Stanford University but he dropped in
1980 to help his father to build Reliance.
3. HISTORY OF MUKESH AMBANI
• Father – Dhirubhai Ambani.
• India’s most valuable company by it’s market value.
• Net worth 87.2 billion dollars as of May 2023.
• Richest person in Asia.
• 13 th Richest in the world.
• Spouse – Nita Ambani.
• Younger Brother – Anil Ambani.
4. RELIANCE INDUSTRIES
• 1958 , Dhirubhai Ambani (65 years ago ).
• Indian Multinational Conglomerate.
• Headquarters – Mumbai, Maharashtra.
• Largest company in India.
• India’s largest private tax payer.
• Serving worldwide.
5. RELIANCE INDUSTRIES
• Business includes
Energy, Petrochemical, natural gas, retail, telecommunication,
mass media , textiles,etc..,
• Employees – 3,42,982 (2022).
• Revenue - US 120 billion dollar (2023).
• No.of.shares approximately 6.44 billion.
6. • 1958 – RELIANCE COMMERCIAL CORPORATION – DHIRUBHAI
AMBANI
• Trading commodities – Polyester.
• 1985 – Reliance Textile Industries Limited to RELIANCE
INDUSTRIES Limited.
• 1995/96 – Entered into Telecom Industry. Joint venture with
NYNEX, USA and promoted Reliance Telecom Private Limited in
India.
7. • 1996 – Rated by International Credit Rating Agencies ( 1st private
sector company ).
• 1998/99 – RIL introduced packaged LPG in 15 kg cylinders.
• 1998/2000- Construction of integrated petrochemical complex at
Jamnagar, Gujarat. ( largest refinery in the world ).
• 2001 – RIL & Reliance Petroleum Limited - India’s two largest
companies.
• 2002 – Both RIL & RPL merged.
8. • 2000 – Reliance announced India’s biggest gas discovery at Krishna Godavari
basin.
• 2000 – 2003 RIL purchased majority stake in INDIAN PETROCHEMICALS CORP
LTD.
• 2006 – Entered organised retail market in India ( RELIANCE FRESH ).
• 2009 – NOVEMBER RIL issued bonus shares to its shareholders.
• 2010 – Entered in broadband services.
• 2017 – RIL setup a joint venture with Russian Company for setting up a Butyl
Rubber Plant in Jamnagar, Gujarat.
• 2022 – Number of shares are approximately 6.44 billion.
