MUKESH DHIRUBHAI AMBANI

MUKESH DHIRUBHAI AMBANI

Parents: Dhirubhai Ambani, Kokilaben Ambani

Sibling: Anil Ambani,Nina Bhadrashyam Kothari (Sister),Dipti Dattaraj Salgaocar (Sister)

Born: 19 April 1957

Age: 63 years

Wife: Nita Ambani

Children:Anant Ambani (Son),Akash Ambani (Son),Isha Ambani (Daughter).

Net Worth:US$72.2 billion as of 13 July 2020

Nationality:Indian

How was Mukesh Ambani in studies

He got admitted in St. Xavier’s College, Mumbai to complete Senior Secondary Education. Mukesh Ambani holds a Bachelor’s degree in Chemical Engineering from the Institute of Chemical Technology. He got admitted at Stanford University to pursue an MBA but drops out to help his father build Reliance.

How was Reliance started?

Reliance Commercial Corporation was founded by Dhirubhai Ambani in 1966 as a polyester firm. It got renamed as Reliance Industries on 8 May 1973. Reliance later entered into financial services, petroleum refining, power sector. By 2002 Reliance had grown into a U$15 billion conglomerate.

Mukesh Ambani’s textile punch: Reliance’s innovative fabric R|Elan made from used plastic bottles,fibre

Mukesh Ambani’s textile punch: RIL has announced a range of products in partnership with Vardhman Textiles, including R|Elan GreenGold, made of greenest fibres in the world, manufactured by recycling used plastic bottles.

Reliance Industries’ new-age fabric R|Elan GreenGold has one of the lowest carbon footprints globally.

Mukesh Ambani’s textile punch: In what could provide a major fillip to Reliance Industries’ new-age fabric R|Elan, billionaire Mukesh Ambani-led Reliance Industries has partnered with Vardhman Textiles, to produce innovative fabric including R|Elan GreenGold– manufactured by recycling used PET bottles, and used in trousers and denim. R|Elan GreenGold has one of the lowest carbon footprints globally due to its eco-friendly manufacturing attributes such as using biofuels instead of fossil fuels and a zero waste concept– where all the material is either used in process or sold in market according to the company’s website. Interestingly, maximum water is recycled and all the water is used in manufacturing and horticulture.

According to Reliance Industries’ press release, the innovative high-quality fabric collection will straddle across the performance and sustainable themes in formals casuals and other women wear segments. “R|Elan technical team will provide the technical knowhow specifications and parameters to ensure the best quality fabric is produced” said the firm.

IPCL set to merge with Reliance Industries

Reliance Industries today said it is considering merging group firm Indian Petrochemicals Corporation Ltd with itself.

The boards of both the companies will meet on March 10 to consider the plan, the companies said in a statement to the Bombay Stock Exchange after the markets closed for the day.

Reliance Chairman Mukesh Ambani and his associates will hold nearly 53 per cent stake in the merged entity after the conversion of preferential warrants. The promoters are in the process of subscribing to preferential warrants to scale up their stake by 4 per cent from 50.4 per cent.

“This merger was long overdue,” said Kenin Jain, an analyst with ASK Raymond James. “It will complete the entire value chain of petrochemical products for Reliance. This augurs well for both the companies,” he added.Over the last few years, Reliance has been integrating its petrochemical business with IPCL, Nocil and SM Dyechem. In the process, it managed to take on competition from West Asian countries which enjoyed highly subsidised feedstocks and financial concessions. By 2008, Reliance has targeted to become the world’s fourth largest producer of polypropylene.Petrochemicals production accounts for 31 per cent of Reliance’s revenue for the fiscal year ended March 31 2006

What are the companies under Mukesh Ambani

7 companies owned by Mukesh Ambani’s Reliance Industries Limited

Reliance Retail. …
Reliance Life Sciences. …
Reliance Jio Infocomm Limited. …
Reliance Petroleum. …
Network 18. …
Football Sports Development Limited. …
Reliance Industrial Infrastructure Limited.

How is Ambani so rich

Ambani’s Jio network has fuelled huge growth in India’s mobile ownership – making his family fabulously wealthy and attracting cultlike social media worship. … – above all an Indian man by the name of Mukesh Ambani. In the space of eight months, Ambani’s wealth has increased by around US$22 billion.

Which Ambani owns Jio

Mukesh Ambani

It operates a national LTE network with coverage across all 22 telecom circles. It does not offer 2G or 3G service, and instead uses only voice over LTE to provide voice service on its 4G networK.

HOW RELIANCE JIO PLATFORMS BECAME INDIA’S BIGGEST TELECOM NETWORK

India’s Reliance Jio Platforms is the world’s most ambitious tech company. Founder Mukesh Ambani has made it his dream to provide every Indian with access to affordable and comprehensive telecommunications services, and Jio has so far proven successful, attracting nearly 400 million subscribers in just a few years.

The unparalleled growth of Reliance Jio Platforms, a subsidiary of India’s most-valued firm (Reliance Industries), has shocked rivals and spooked foreign tech companies such as Google and Amazon, both of which are now reportedly eyeing a slice of one of the world’s largest telecom markets.

What can we learn from Reliance Jio Platforms’s growth? What does the future hold for Jio and for India’s tech startup ecosystem in general?

Through a series of reports, Extra Crunch is going to investigate those questions. We previously profiled Mukesh Ambani himself, and in today’s installment, we are going to look at how Reliance Jio went from a telco upstart to the dominant tech company in four years.

What can we learn from Reliance Jio Platforms’s growth? What does the future hold for Jio and for India’s tech startup ecosystem in general?

Here are 9 rules to success from India’s richest man Mukesh Ambani

Be Courageous
Find And Solve Problems
Work Hard
Work Hard
Serve A Higher Purpose
Accept Failure
Ignore The Naysayers
Feel Empathy
Make memories
Always Be An Optimist.

Mukesh Ambani Quotes

1. Opportunity

Everybody has equal opportunity and I think that is true for everything.”

2. Frowth

“The organizational architecture is really that a centipede walks on hundred legs and one or two don’t counts. So, if I lose one or two legs, the process will go on, the organization will go on, the growth will go on”

3. First Generation

My big advantage was to have my father accept me as first generation”

4. Internet and Technology

Mahatma Gandhi’s dream of self-reliance can be attained by making use of Internet and technology”

5. Technology

I am a big believer that technology shapes mankind”

6. Success

“Essentially, whoever is successful, whoever is going to do things that make a difference, is going to be talked about”

7. Broadband and Digital Services

“Broadband and digital services will no longer be a luxury item – a scarce commodity – to be rationed amongst the privileged few”

8. Sense

All of us, in a sense, struggle continuously all the time, because we never get what we want. The important thing which I’ve really learned is how do you not give up, because you never succeed in the first attempt”

9. Entrepreneurship

A third track running at that time, apart from academics and the fun stiff, was that my father shared with me his passion for business and entrepreneurship form very early on. Even when I was in high school, I used to spend long hours at office on weekend”

10. About Money

You have to manage money. Particularly with market economies. You may have a great product, but if your bottom line bustm then that’s it”

11. Potential Consumers

“Today I see a billion people as a billion potential consumers, an opportunity to generate value for them and to make a return for myself”

12. Relationships and Trust

“Relationships and trust. This is the bedrock of life.”