Mukesh Ambani keeps salary capped at Rs 15 crore in FY20; forgoes remuneration from current year
4 years, 9 months ago

Mukesh Ambani keeps salary capped at Rs 15 crore in FY20; forgoes remuneration from current year

India TV News  

Richest Indian Mukesh Ambani kept his annual salary from his flagship firm Reliance Industries capped at Rs 15 crore for 12th year on the trot in the fiscal ended March 31 and has decided to forego the entire remuneration from the current year in view of the COVID-19 pandemic. Ambani's remuneration for 2019-20 included Rs 4.36 crore as salary and allowances, which is marginally lower than Rs 4.45 crore he got in the previous 2018-19 fiscal. Ambani's cousins Nikhil R Meswani and Hital R Meswani saw their compensation rise to Rs 24 crore each from Rs 20.57 crore a year back. RIL's non-executive directors, including Nita Ambani, got Rs 1.15 crore each as commission, besides sitting fees.

Salary Director Company Crore Rs 15 Crore Covid Nikhil Directors Ambani Nita Ambani Mukesh Ambani Remuneration His Salary Current Year His Remuneration  forgoes  capped  director  keeps  crore  remuneration  ambani  company  saw  mukesh  rs  salary  fy20  directors  current  15

History of this topic

Mukesh Ambani remains India's richest person despite losing $15 billion last year: Hurun
4 days, 21 hours ago

Mukesh Ambani remains India's richest person despite losing $15 billion last year: Hurun

Hindustan Times  

Reliance Industries Chairman Mukesh Ambani, with a net worth of ₹8.6 lakh crore, retained the title of India's richest person despite his wealth declining by about $15 billion since last year. Reliance Industries head Mukesh Ambani and Gautam Adani This is also despite India's second-richest person Gautam Adani's fortune growing by 13% and inching ever closer to that of Ambani, …

Mukesh Ambani announces fresh investment of ₹50,000 crore in West Bengal by 2030
1 month, 3 weeks ago

Mukesh Ambani announces fresh investment of ₹50,000 crore in West Bengal by 2030

Live Mint  

Reliance Industries Chairman Mukesh Ambani on February 5 announced a fresh investment commitment of ₹50,000 crore in West Bengal by the end of this decade, reported PTI. Speaking at the 8th Bengal Global Business Summit 2025, Ambani said the investment would generate one lakh jobs in the state. Speaking at the summit, Reliance Industries Chairman Mukesh Ambani said, as quoted …

Here's how much Mukesh Ambani's driver allegedly earns: It's more than some executives
5 months, 1 week ago

Here's how much Mukesh Ambani's driver allegedly earns: It's more than some executives

Hindustan Times  

Mukesh Ambani, the chairman and managing director of Reliance Industries Limited, the conglomerate spanning sectors including energy, petrochemicals, textiles, retail, and telecommunications is known to compensate his personal staff like drivers and household employees quite handsomely with allowances, insurance benefits, and competitive wages, according to a report by India.com Reliance Industries Chairman, and Managing Director Mukesh Ambani. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} …

ITC Chairman Sanjiv Puri's Salary Hiked By 54% to Rs 25.28 Crore In FY24; Details Here
9 months ago

ITC Chairman Sanjiv Puri's Salary Hiked By 54% to Rs 25.28 Crore In FY24; Details Here

News 18  

ITC Chairman and Managing Director Sanjiv Puri received a total remuneration of Rs 25.18 crore during the financial year 2023-24, according to the company’s annual report 2024. It is 54.38 per cent higher than the total remuneration of Rs 16.31 crore he got in the previous year 2022-23. Puri’s salary includes a basic salary of Rs 3.12 crore, perquisites and …

Mukesh Ambani-led Reliance Industries achieves market cap of ₹20 lakh crore
1 year, 1 month ago

Mukesh Ambani-led Reliance Industries achieves market cap of ₹20 lakh crore

Hindustan Times  

Mukesh Ambani-led Reliance Industries Limited became the first Indian company to achieve a market capitalisation of ₹20 lakh crore. Mukesh Ambani, chairman of Reliance Industries Limited, The market valuation of the company surged to ₹20,01,279.72 crore during the intra-day session and at close, the market capitalisation stood at ₹19,81,635.72 crore. On the NSE, shares of Reliance Industries rose nearly 1.89 …

Mukesh Ambani donates ₹5 crore to Badrinath-Kedarnath Temple Committee
1 year, 5 months ago

Mukesh Ambani donates ₹5 crore to Badrinath-Kedarnath Temple Committee

Hindustan Times  

Reliance Industries chairman Mukesh Ambani on Thursday donated ₹5 crore to the Badrinath-Kedarnath Temple Committee after offering prayers at the Badrinath temple in Chamoli district and Kedarnath temple in Rudraprayag district. In September this year, Anant Ambani donated ₹25 crore to the chief minister’s relief fund. Anant Ambani has been a director on the board of Jio Platforms, Reliance Retail …

Forbes India rich list: Mukesh Ambani back as No 1, Adani drops as Polycab’s Jaisinghani gains
1 year, 5 months ago

Forbes India rich list: Mukesh Ambani back as No 1, Adani drops as Polycab’s Jaisinghani gains

Hindustan Times  

Reliance chairperson Mukesh Ambani has reclaimed the top spot on the Forbes list of 100 richest Indians this year. The magazine estimated Mukesh Ambani's net worth to be $92 billion. The net worth of Gautam Adani, who had surpassed Ambani last year to be the richest Indian, plummeted by a whopping $82 billion to $68 billion because of the Hindenburg …

Mukesh Ambani reclaims India's richest man spot from Gautam Adani
1 year, 5 months ago

Mukesh Ambani reclaims India's richest man spot from Gautam Adani

Deccan Chronicle  

Mumbai: Mukesh Ambani, the 66 year old chairman of Reliance Industries Limited has reclaimed the title of India's richest individual on the 360 One Wealth Hurun India Rich List 2023 overtaking Adani Group chairman Gautam Adani, who had occupied the top spot in 2022 list. Mukesh Ambani’s net worth stood at Rs 8.08 lakh crore in 2023 up 2 per …

RIL AGM 2023: Reliance added 2.6 lakh jobs in FY23, says Mukesh Ambani
1 year, 7 months ago

RIL AGM 2023: Reliance added 2.6 lakh jobs in FY23, says Mukesh Ambani

Live Mint  

RIL AGM 2023: Reliance Industries Limited Chairman Mukesh Ambani, stated that Reliance had created 2.6 lakh new employment in the previous year. Reliance Industries has cumulatively invested more than $150 billion in the last 10 years, said Chairman Mukesh Ambani. Reliance Industries Chairman Mukesh Ambani congratulated all the scientists of ISRO on the success of the Chandrayaan 3 mission. The …

Reliance seeks shareholder nod to appoint Mukesh Ambani as head for 5 more years
1 year, 7 months ago

Reliance seeks shareholder nod to appoint Mukesh Ambani as head for 5 more years

Hindustan Times  

Reliance Industries Ltd, India's most valuable company, has sought shareholder's approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 -- a period during which he has opted to draw nil salary. In the special resolution posted to shareholders, Reliance said its Board of Directors on July 21, 2023 approved "re-appointed Mukesh …

Reliance seeks shareholder nod to appoint Mukesh Ambani as head for another 5 years at nil salary
1 year, 7 months ago

Reliance seeks shareholder nod to appoint Mukesh Ambani as head for another 5 years at nil salary

The Hindu  

Reliance Industries Ltd, India's most valuable company, has sought shareholder's approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 — a period during which he has opted to draw nil salary. In a special resolution, Reliance sought the nod of shareholders to appoint Mr. Ambani as the head of the company …

Reliance seeks to extend Mukesh Ambani's term as chairman for 5 more years
1 year, 7 months ago

Reliance seeks to extend Mukesh Ambani's term as chairman for 5 more years

India TV News  

Reliance Industries Ltd has sought shareholders' nod to give Mukesh Ambani another five years as the Chairman and Managing Director of the company extending his tenure until 2029. Reliance sought nod of shareholders In the special resolution posted to shareholders, Reliance said its Board of Directors on July 21, 2023, approved "re-appointed Mukesh D. Ambani as Managing Director, for a …

Mukesh Ambani Reliance Industries Q1 Results Net Profit Falls Jio Reliance’s Oil To Chemical Reliance Retail Oil And Gas Segment
1 year, 8 months ago

Mukesh Ambani Reliance Industries Q1 Results Net Profit Falls Jio Reliance’s Oil To Chemical Reliance Retail Oil And Gas Segment

ABP News  

Reliance Industries on Friday reported an 11 per cent drop in consolidated net profit for the quarter ended June 30, 2023. Mukesh Ambani-led Reliance reported a consolidated net profit of Rs 16,011 crore for the first quarter of FY24 down from Rs 17,955 crore reported in the same period last year. On Friday, Reliance Industries' stock fell 2.57 per cent …

This Mumbai Indians boss earns more than Mukesh Ambani
1 year, 11 months ago

This Mumbai Indians boss earns more than Mukesh Ambani

Live Mint  

He takes care of the everyday affairs of Mukesh Ambani’s IPL cricket franchise Mumbai Indians. Nikhil Meswani's father, Rasiklal Meswani, is Dhirubhai Ambani's first cousin and one of the founder directors of Reliance Industries. Meswani is one of the executive directors at Reliance Industries and played a crucial role in the company's success. Meswani is credited with playing a key …

Reliance to invest ₹75,000 crore in Uttar Pradesh in 4 years: Mukesh Ambani
2 years, 1 month ago

Reliance to invest ₹75,000 crore in Uttar Pradesh in 4 years: Mukesh Ambani

The Hindu  

Reliance Industries Ltd will invest ₹75,000 crore in rolling out 5G mobile telephone services, expanding retail network and setting up renewable energy capacity in Uttar Pradesh in the next four years, its chairman Mukesh Ambani said on February 10. Speaking at the Uttar Pradesh Global Investors Summit 2023 here, Mr. Ambani said his group will set up 10 GigaWatts of …

Mukesh Ambani completes 20 years at helm of Reliance
2 years, 3 months ago

Mukesh Ambani completes 20 years at helm of Reliance

The Hindu  

Mukesh Ambani, who took over the reins of Reliance Industries Ltd after the sudden demise of his legendary industrialist father Dhirubhai Ambani, completes 20 years at the helm during which the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global conglomerate. In 20 years that Stanford University-drop out Mr. Mukesh, 65, has been …

Mukesh Ambani Draws No Salary In 2021-22, 2nd Such Year In A Row
2 years, 7 months ago

Mukesh Ambani Draws No Salary In 2021-22, 2nd Such Year In A Row

News 18  

Reliance Industries Ltd CMD Mukesh Ambani did not draw any salary from the company in the last financial year 2021-22, the second such year in a row. Earlier, Ambani has also his salary capped at Rs 15 crore since 2008-09, to set a personal example of moderation in managerial compensation levels. Ambani has kept salary, perquisites, allowances and commission together …

Mukesh Ambani’s Reliance Industries will hold AGM on August 29: Check details
2 years, 7 months ago

Mukesh Ambani’s Reliance Industries will hold AGM on August 29: Check details

Live Mint  

The 44th Annual General Meeting of Reliance Industries will take place on August 29, 2022. Billionaire Mukesh Ambani's RIL announced a 46% increase in net profit for the June quarter in July, thanks to record oil refining earnings as well as booming telecom and retail operations. According to a statement from the company, the oil, retail, and telecom conglomerate's consolidated …

Mukesh Ambani not relocating to London: Reliance
3 years, 4 months ago

Mukesh Ambani not relocating to London: Reliance

India TV News  

Mukesh Ambani not relocating to London: Reliance Post Reliance acquiring the London property for Rs 592 crore, Ambani and his family's visit abroad have been linked to them making Stoke Park their second home. Reliance Industries Limited on Friday dismissed all 'baseless' rumors claiming that the Ambani family are likely to move to London, following their acquisition of Stoke Park …

RIL AGM 2021 highlights: 7 major takeaways from Mukesh Ambani’s speech
3 years, 9 months ago

RIL AGM 2021 highlights: 7 major takeaways from Mukesh Ambani’s speech

Live Mint  

Reliance Industries Limited, India’s most valuable company, apprised its investors of developments including its 5G rollout plan, a cheaper smartphone being developed with Google, and other initiatives for a greener future at its 44th Annual General Meeting. RIL AGM 2021: These are the major highlights Saudi Aramco deal to formalise this year Reliance Industries Ltd said on Thursday it hopes …

Mukesh Ambani draws nil salary
3 years, 9 months ago

Mukesh Ambani draws nil salary

The Hindu  

Richest Indian Mukesh Ambani drew no salary from his flagship firm Reliance Industries Ltd in the fiscal year ended March 31 as he voluntarily gave up remuneration in light of the pandemic hitting the business and the economy. In its latest annual report, Reliance said Mr. Ambani's remuneration for financial year 2020-21 was "nil." Mr. Ambani has kept salary, perquisites, …

Mukesh Ambani earned Rs 90 crore per hour during pandemic: Oxfam report
4 years, 2 months ago

Mukesh Ambani earned Rs 90 crore per hour during pandemic: Oxfam report

India Today  

It would have taken 10,000 years for an unskilled worker to make what Reliance Industries Limited chairman Mukesh Ambani made in an hour during the coronavirus pandemic, according to a recent Oxfam report. According to the Oxfam report, Ambani earned Rs 90 crore per hour during the coronavirus pandemic. Read | Your salaries remain stagnant, but companies are making a …

Reliance rolls back salary cuts, offers bonus
4 years, 5 months ago

Reliance rolls back salary cuts, offers bonus

India TV News  

Billionaire Mukesh Ambani-led Reliance Industries is rolling back salary cuts for the employees of its hydrocarbons division and is also giving out performance bonus that had been deferred after business was hit by coronavirus lockdown. Reliance in April had cut the salary of employees of its hydrocarbons division by 10 per cent to 50 per cent with the firm's chairman …

Mukesh Ambani tops Forbes India richest list for 13th year with net worth of $88 billion
4 years, 5 months ago

Mukesh Ambani tops Forbes India richest list for 13th year with net worth of $88 billion

India Today  

Reliance Industries Chairman Mukesh Ambani has once again topped the Forbes India richest list of 2020. Mukesh Ambani has been reigning on the top of Forbes India richest list for the past decade and this is his 13th year on Rank 1. According to the Forbes India report, Mukesh Ambani has added a net worth of $37.5 billion to his …

Mukesh Ambani earned ₹90 cr every hour since lockdown, tops Hurun India Rich list 2020 for 9th year
4 years, 6 months ago

Mukesh Ambani earned ₹90 cr every hour since lockdown, tops Hurun India Rich list 2020 for 9th year

Live Mint  

India's richest man Mukesh Ambani, who surged past Silicon Valley tech titan Elon Musk and Alphabet co-founders Sergey Brin and Larry Page to become the world's fourth-richest person, has earned ₹90 crore every hour since the March lockdown this year, according to IIFL Wealth Hurun India Rich List 2020. Mukesh Ambani’s personal wealth rose by ₹2,77,700 crore to ₹6,58,400 crore …

Mukesh Ambani becomes the 5th richest man in the world
4 years, 8 months ago

Mukesh Ambani becomes the 5th richest man in the world

Op India  

Reliance Industries chairperson Mukesh Ambani has become the fifth richest man in the world with a net worth of Rs 5.702 lakh crore, according to Forbes. With the shares of the oil-to-telecom conglomerate Reliance Industries hit an all-time high of Rs 2,010 per share on July 22, billionaire Mukesh Ambani added $2.9 billion to his net worth in a single …

Mukesh Ambani's Reliance Industries becomes first Indian firm to hit USD 150 bn m-cap
4 years, 9 months ago

Mukesh Ambani's Reliance Industries becomes first Indian firm to hit USD 150 bn m-cap

India TV News  

Reliance Industries on Monday became the first Indian firm to hit a market valuation of USD 150 billion helped by a continuous rally in its share price. Reliance Industries on Friday became the first Indian company to cross the Rs 11 lakh crore market valuation mark. Its market valuation crossed Rs 11 lakh crore in the previous session as its …

FY20 saw remuneration growth for top IT chief executives, barring TCS
4 years, 10 months ago

FY20 saw remuneration growth for top IT chief executives, barring TCS

Live Mint  

MUMBAI: Among chief executives of India's top information technology companies, Salil Parekh of Infosys drew a pay package of around ₹40 crore in the last fiscal, up 27% year-on-year. COO UB Pravin Rao’s compensation rose 29% to $2.2 million, while the two presidents, Ravi Kumar and Mohit Joshi, saw their remuneration rise to $3 million and $3.2 million, jumps of …

COVID-19 impact: TCS CEO Rajesh Gopinathan's pay package reduces 16% to Rs 13 cr in FY20 from Rs 16 cr in FY19
4 years, 10 months ago

COVID-19 impact: TCS CEO Rajesh Gopinathan's pay package reduces 16% to Rs 13 cr in FY20 from Rs 16 cr in FY19

Firstpost  

Pay package of Tata Consultancy Services CEO and MD Rajesh Gopinathan shrank more than 16 percent to Rs 13.3 crore in 2019-20 compared to the previous fiscal, according to the company’s annual report New Delhi: Pay package of Tata Consultancy Services CEO and MD Rajesh Gopinathan shrank more than 16 percent to Rs 13.3 crore in 2019-20 compared to the …

Reliance Chairman Mukesh Ambani to forego entire salary
4 years, 11 months ago

Reliance Chairman Mukesh Ambani to forego entire salary

India TV News  

Mukesh Ambani, chairman of the Reliance Industries, has decided to forego all his remuneration. According to an employee communique quoted by news agency PTI, the company has also deferred annual cash bonus and performance-linked incentives that are normally paid in the first quarter. The report said Ambani will forgo his entire Rs 15 crore compensation. Reliance board of directors including …

Coronavirus Pandemic: RIL chairman Mukesh Ambani to forego salary, board members to take pay cut
4 years, 11 months ago

Coronavirus Pandemic: RIL chairman Mukesh Ambani to forego salary, board members to take pay cut

Firstpost  

Reliance Industries chairman Mukesh Ambani will forego his salary in the wake of the coronavirus pandemic that has gripped the nation and forced a lockdown in the country until 3 May New Delhi: With coronavirus lockdown hitting businesses hard, India’’s largest company Reliance Industries has decided to cut the salary of most of its employees by 10 to 50 percent …

Coronavirus Outbreak: ONGC, IOC, other oil companies contribute over Rs 1,031 cr to PM CARES fund
5 years ago

Coronavirus Outbreak: ONGC, IOC, other oil companies contribute over Rs 1,031 cr to PM CARES fund

Firstpost  

Oil and Natural Gas Corp, Indian Oil Corp and other public sector oil companies have contributed over Rs 1,000 crore to the Prime Minister CARES Fund to help in the fight against COVID-19 pandemic New Delhi: Oil and Natural Gas Corp, Indian Oil Corp and other public sector oil companies have contributed over Rs 1,000 crore to the Prime Minister …

Mukesh Ambani becomes 9th richest in world with net worth of $60.6 bn after RIL's m-cap crosses Rs 10 lakh cr
5 years, 4 months ago

Mukesh Ambani becomes 9th richest in world with net worth of $60.6 bn after RIL's m-cap crosses Rs 10 lakh cr

Firstpost  

Reliance Industries chairman, Mukesh Ambani now ranks as the 9th richest Indian across the globe, with a net worth of $60.6 billion, according to Forbes Reliance Industries chairman Mukesh Ambani now ranks as the 9th richest person across the globe, with a net worth of $60.6 billion, according to ‘The Real-Time Billionaires List’ of Forbes. On Thursday, Reliance Industries, the …

Mukesh Ambani's Reliance Industries creates history, hits ₹ 9 lakh crore m-cap
5 years, 5 months ago

Mukesh Ambani's Reliance Industries creates history, hits ₹ 9 lakh crore m-cap

India TV News  

Billionaire Mukesh Ambani's Reliance Industries on Friday added another feather to its cap and became the first Indian firm to hit the Rs 9 lakh crore market valuation mark. Meanwhile, on the National Stock Exchange, Reliance Industries shares jumped up by 2.25 per cent to Rs. In August 2018, RIL became the first domestic firm to cross the Rs 8 …

Mukesh Ambani says ongoing slowdown 'temporary'
5 years, 7 months ago

Mukesh Ambani says ongoing slowdown 'temporary'

India TV News  

Describing the fundamentals of the Indian economy as strong, Reliance Industries Ltd Chairman Mukesh Ambani on Monday said that the ongoing slowdown in some sectors of the economy is temporary. Addressing RIL shareholders at the 42nd Annual General Meeting, he said that the opportunities will grow further with structural reforms and noted that India has the required political stability. Ambani …

How Mukesh Ambani plans to make Reliance a zero net-debt company in 2020-21
5 years, 7 months ago

How Mukesh Ambani plans to make Reliance a zero net-debt company in 2020-21

Live Mint  

Having ended the last year with a net debt of ₹154,478 crore, Reliance Industries chairman and managing director Mukesh Ambani has laid out a roadmap to make the conglomerate a zero net-debt company in just 18 months. Mukesh Ambani said RIL is now coming to the end of its largest capital expenditure cycle after having invested ₹5.4 lakh crore in …

Mukesh Ambani keeps salary capped at Rs 15 crore for 11th year in a row
5 years, 8 months ago

Mukesh Ambani keeps salary capped at Rs 15 crore for 11th year in a row

India TV News  

Richest Indian Mukesh Ambani has kept his annual salary from his flagship firm Reliance Industries capped at Rs 15 crore for the eleventh year on the trot. Ambani has kept salary, perquisites, allowances and commission together at Rs 15 crore since 2008-09, forgoing over Rs 24 crore per annum. Ambani's cousins Nikhil R Meswani and Hital R Meswani saw their …

Media finally asks Rahul Gandhi to explain his ’30k cr to Ambani’ lie, he says ‘Chidambaram has calculations’
5 years, 10 months ago

Media finally asks Rahul Gandhi to explain his ’30k cr to Ambani’ lie, he says ‘Chidambaram has calculations’

Op India  

Mainstream media has finally woken up and questioned Rahul Gandhi’s ‘Modi gave Rs 30,000 crore to Anil Ambani’ lie. Rahul Gandhi, in his interview to Indian Express, was cornered on the specific figure he keeps on throwing around to allege that Prime Minister Modi gave away Rs 30,000 crore in the Rafale deal. The Indian Expressed asked Rahul Gandhi that …

Mukesh Ambani 10th richest person in the world with net worth of $54 billion
6 years, 1 month ago

Mukesh Ambani 10th richest person in the world with net worth of $54 billion

Live Mint  

Mumbai: Reliance Industries Ltd chairman Mukesh Ambani is now among the Top 10 richest persons in the world with a net worth of $54 billion even as younger brother Anil Ambani paled into the oblivion having lost over 65% of his net worth, according to a report. The Hurun Global Rich List 2019 is topped by Amazon chief executive Jeff …

Mukesh Ambani tops Hurun India Rich List for 7th year
6 years, 6 months ago

Mukesh Ambani tops Hurun India Rich List for 7th year

Live Mint  

Mumbai: Mukesh Ambani, chairman, Reliance Industries Ltd, topped the ‘Barclays Hurun India Rich List 2018’ with a total net worth of ₹ 3.71 trillion. This is the seventh consecutive year that Ambani has topped the rich list, which is a compilation of the richest individuals in India having a net worth of ₹ 1,000 crore or more. The cumulative wealth …

Mukesh Ambani tops 'BHI Rich List' 7th time in row
6 years, 6 months ago

Mukesh Ambani tops 'BHI Rich List' 7th time in row

India TV News  

For the seventh consecutive year, Industrialist and Reliance Industries Ltd Chairman Mukesh Ambani has topped the "Barclays Hurun India Rich List-2018", His wealth is estimated at Rs 371,000 crore. Mittal with an estimated wealth of Rs 159,000 crore and Rs 114,500 crore, respectively. Following them are: Wipro's Azim Premji at Rs 96,100 crore, Sun Pharmaceuticals Ltd's Dilip Shanghvi at Rs.89,700 …

No Limits to Greed
6 years, 6 months ago

No Limits to Greed

Deccan Chronicle  

In this world, everything is not perfect. Reliance Industries chief Mukesh Ambani has capped his annual salary at Rs 15 crore for the last 10 years but his wealth increased by Rs 165.24 crore every day between 2015 and 2018. The other top paid executives are Om Prakash Manchanda of Dr Lal Path Labs and N. Chandrasekharan of TCS, each …

Reliance Industries chairman Mukesh Ambani now world's 11th richest person
6 years, 7 months ago

Reliance Industries chairman Mukesh Ambani now world's 11th richest person

India TV News  

Reliance Industries Ltd chairman Mukesh Ambani has now become the 11th richest man in the world with a total wealth of about 50 billion dollar or approx Rs 3.40 lakh crore. On Thursday, the value of share of Reliance Industries Ltd touched Rs 1231 which increased the total worth of the refinery-to-telecom conglomerate to Rs 7.80 lakh crore. At July's …

Mukesh Ambani re-appointed Managing Director of Reliance Industries
6 years, 8 months ago

Mukesh Ambani re-appointed Managing Director of Reliance Industries

India TV News  

Mukesh Ambani has been re-appointed as the Managing Director of Reliance Industries by the shareholders of the company. The shareholders have also approved RIL’s plan to offer or invitation to subscribe to redeemable non-convertible debentures on private placement, of an aggregate nominal value up to Rs 20,000 crore. Mukesh Ambani, who is India’s richest man, has kept his annual compensation …

Mukesh Ambani gets another 5 years as Reliance Industries chairman
6 years, 8 months ago

Mukesh Ambani gets another 5 years as Reliance Industries chairman

Live Mint  

New Delhi: Shareholders of Reliance Industries have approved giving Mukesh Ambani another five years as the chairman and managing director of the company. Ambani, 61, has been on the board of Reliance Industries Ltd since 1977 and was elevated as chairman of the company after the death of his father and group patriarch Dhirubhai Ambani in July 2002. Also, “the …

Wipro CEO Abidali Neemuchwala’s pay package up over 34% to Rs18.23 crore in FY18
6 years, 9 months ago

Wipro CEO Abidali Neemuchwala’s pay package up over 34% to Rs18.23 crore in FY18

Live Mint  

New Delhi: Wipro chief executive Abidali Z. Neemuchwala saw his pay package growing over 34% to Rs18.23 crore during FY2017-18 compared to the previous fiscal, as per the company’s annual report. Chief strategy officer Rishad A. Premji’s compensation also grew by more than 250% to Rs5.8 crore in the said fiscal. According to the report, Neemuchwala—who was paid in US …

RIL seeks extending Mukesh Ambani’s term by 5 years
6 years, 9 months ago

RIL seeks extending Mukesh Ambani’s term by 5 years

The Hindu  

Reliance Industries has sought shareholders’ nod to give Mukesh Ambani another five years as the Chairman and Managing Director of the company. Also, “the expenses, as may be borne by the company for providing security to Shri Mukesh D Ambani and his family members shall not be considered as perquisites and accordingly, not to be included for the purpose of …

Richest Indian Mukesh Ambani keeps salary unchanged at Rs 15 crore for 10th year in a row
6 years, 9 months ago

Richest Indian Mukesh Ambani keeps salary unchanged at Rs 15 crore for 10th year in a row

India TV News  

Reliance Industries Chairman Mukesh D. Ambani, who keeps his standing as the richest Indian, has kept his annual compensation unchanged at Rs 15 crore for the 10th consecutive year. According to the company's annual report released on Thursday, Ambani's decision reflects "his desire to continue to set a personal example for moderation in managerial compensation levels". "Compensation of Shri Mukesh …

Will complete investment of Rs 1.25 lakh crore in Gujarat by March: Mukesh Ambani
8 years, 2 months ago

Will complete investment of Rs 1.25 lakh crore in Gujarat by March: Mukesh Ambani

Deccan Chronicle  

Gandhinagar: Mukesh Ambani, India's richest person, today said his Reliance Industries will complete investment of Rs 1.25 lakh crore in refinery and petrochemical expansion projects in Gujarat by March, exceeding commitments made by Rs 10,000 crore. Speaking at the 8th Vibrant Gujarat Global Summit, he described Prime Minister Narendra Modi as "a great transformative leader" who first transformed Gujarat and …

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