Mukesh Ambani owes Reliance Jio for becoming Asia's second richest

Mukesh Ambani owes Reliance Jio for becoming Asia's second richest

Nevin John | August 02,2017

The chairman of Reliance Industries has , according to reports, added $12.1 billion to his wealth this year.

Reliance Industries chairman Mukesh Ambani has overtaken Hong Kong business magnate Li Ka-shing to become Asia's second-richest man. According to the Bloomberg Billionaires Index, Ambani's wealth has seen a rise of $12.1 billion with the oil-to telecom conglomerate's shares seeing a surge with investors rallying behind his decision to launch the cheapest 4G phone.

Recent Videos



 |  1.67 minutes watch

China media wars: What should be India's fitting response?

It is difficult to escape the feeling that the high-pitched campaign from the Chinese media is at the behest of the government.


 |  1.17 minutes watch

What does Steve Bannon's exit mean for Trump administration?

Now we will have to see how the president will consolidate his nationalistic domestic agenda under the new adviser.


 |  2.43 minutes watch

Why Akshay Kumar is the new King of Bollywood

Khiladi Kumar has the range and profitability that the Khans have found difficult to match.


 |  2.97 minutes watch

India at 70: Are we becoming a Hindu Rashtra?

The idea of India as conceived by our freedom fighters was never to let it become a Hindu Pakistan.


 |  5.12 minutes watch

Why Raymond's Vijaypat Singhania and his son are fighting

Both father and son are fighting in court over a flat in a redeveloped 36-storey house in Mumbai's posh Malabar Hill.


 |  1.12 minutes watch

Why Toilet: Ek Prem Katha is a poor ad for PM Modi's Swachh Bharat campaign

The first half of the movie is all about successfully stalking and demeaning women.


 |  1.68 minutes watch

6 beauty and national grooming mistakes Narendra Modi must avoid

As India turns 70, stand-up comic Sanjay Rajoura offers his Mann Ki Baat.


 |  1.68 minutes watch

Chandigarh stalking case: Tough questions for BJP chief Subhash Barala

Varnika Kundu has exposed the ugly politics of power and influence.


 |  1.2 minutes watch

Why Supreme Court's verdict on privacy will resonate far beyond Aadhaar

We need to watch if data protection is brought under the domain of privacy or not.


 |  2.62 minutes watch

What is Blue Whale Challenge, responsible for teen suicides?

It started in Russia and has attained mass popularity, especially among the youth.


 |  1.67 minutes watch

Tougher times ahead: Key takeaways from RBI monetary policy review

The central bank has warned of a further slowdown in manufacturing sector.


 |  4.08 minutes watch

Women's hair getting chopped off: Fact or fiction?

This news story is exactly what urban legends like the 'monkey man' menace are made of.


 |  1.07 minutes watch

RBI cuts repo rate: Why central bank is in a spot

With demonetisation and GST, this has been a difficult year for monetary policy committee.


 |  2.92 minutes watch

How security forces finally got LeT chief Abu Dujana

The Lashkar militant, who was operating in Kashmir valley since 2010, had managed to slip away many times in the past.


 |  1.95 minutes watch

Why have tomatoes suddenly become so expensive?

Tomato prices have gone as high as Rs 120 per kg.


 |  1.4 minutes watch

Designer reveals how Bollywood and fashion industry body-shame women

Masaba Gupta was once told she looked like the 'man in Lakme commercials'.