Wednesday October 18, 2017
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RIL splurges big moolah: Mukesh Ambani buys fortified Merc worth Rs 11 crore

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By NewsGram Staff Writer

India’s largest private company Reliance Industries has bought what is touted as the most sophisticated armoured vehicle for chairman Mukesh Ambani — a fortified Mercedes Benz mounted on an S600.

The base price, according to sources familiar with the development, is around Rs 1.5 crore. But with security features — at the top ‘Level-9’ in this case — and levies such as import duty, road tax and insurance, it works out to over Rs 11 crore, the sources added.

The vehicle was registered here on Saturday, the sources confirmed.

Reactions sought from the Reliance Industries spokesman did not elicit any response.

But sources said the valuable purchase was made in accordance with Ambani listed under the top ‘Z’ category in terms of security for the past couple of years.

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Forbes Rich List 2017: Acharya Balkrishna of Patanjali Named as 19th Richest Indian

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Acharya Balkrishna
Acharya Balkrishna. Wikimedia

Oct 05, 2017: Patanjali Ayurveda’s Acharya Balkrishna, the partner of yoga acharya Ramdev, has bagged the nineteenth position this year in the Forbes magazine’s Annual India Rich List 2017 with total assets of $6.55 billion (Rs. 43,000 crores).

Reliance Industries Ltd. foreman Mukesh Ambani managed India’s wealthiest position for the tenth straight year as his total assets swelled to $38 billion (Rs. 2.5 trillion), while Anil Ambani was positioned much lower at the 45th place with $3.15 billion.

Sun Pharma’s Dilip Shanghvi moved down from his previous second place to the ninth.

Also Read: British-Indian Actor Kunal Nayyar Ranks Fourth on Forbes Magazines List of World’s Highest-Paid TV Actors 

Wipro’s Azim Premji held the second position with total assets of $19 billion, climbing two spots from a year ago.

The Hinduja brothers are at the third position with $18.4 billion, while Lakshmi Mittal is presently positioned fourth ($16.5 billion) and Pallonji Mistry fifth ($16 billion).

Forbes said the rundown was arranged utilizing shareholding and budgetary data secured from the families and people, stock trades, investigators and administrative offices.

 

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Har Ek Ka Dil Hai Hindustani: Mukesh Ambani at India Today Conclave welcomes Trump’s H1-B visa policies

Mukesh Ambani has welcomed Trump's H1-B visa policies

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Indian Students (representational image) Wikimedia

Mumbai, Mar 18, 2017: Mukesh Ambani chairman of Reliance Industries while addressing at the India Today Conclave has welcomed Trump’s H1-B visa policies. He had said that it’s time that our brightest and best brains work for the benefits of India and Indians and that we would see an inevitably reverse brain drain.

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He had said that, some of India’s brightest people are working outside the country and if they are brought back to this country by whatever faith, and they work for India and her 1.3 billion people, to improve their lives and put together a new developmental model, there can not be a better blessing in disguise, mentioned IANS report.

He had also added that we are at the beginning of a fourth Industrial Revolution and this is the first technology-based revolution that will affect all of us as human beings.

“At the end of the day har ek ka dil hai hindustani. People wants to do thing for India, we have to give them an opportunity,” he had added.

– Prepared by Upama Bhattacharya. Twitter @Upama_myself

 

 

 

 

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“Reliance Jio crosses 100 million customer mark in just 170 days,” says Ambani

Ambani said by the end of 2017, 99 percent of the country's population will be covered by the network with its presence in nearly all cities, towns and villages

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Jio
Reliance Jio crosses 100 mn customer mark, image courtesy: reliancejio-sim.in

Mumbai, Feb 21, 2017: Reliance Industries (RIL) Chairman and Managing Director Mukesh Ambani on Tuesday said Reliance Jio has crossed the 100 million customer mark since its launch on September 5.

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“Jio was launched on September 5 last year. In only 170 days we have crossed the 100 million customer mark. This achievement is of India and Indians,” Ambani told the media.

He said that on an average Jio added seven customers on its network every second.

“This is an unprecedented level of acceptance of any technology company anywhere in the world.”

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Ambani said that prior to the launch of Reliance Jio, India was ranked 150th in terms of data penetration. It was now at number one.

“Last month Jio users have consumed 100 crore gigabytes of data. India is number one today in terms of mobile data usage.”

Ambani said by the end of 2017, 99 percent of the country’s population will be covered by the network with its presence in nearly all cities, towns and villages.

He pointed out that the company has doubled its 4G stations as compared to its competitors.

Announcing free user benefits for another 12 months under a cost-effective membership plan, Jio’s latest offerings are expected to stiffen the competition further in the telecom sector.

“Under Jio prime membership plan, the users can become members for a full year for a nominal one-time fee of Rs 99. Enrolment will start from March 1 and will remain open till March 31. They would continue enjoying the unlimited benefits for another 12 months,” he said.

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Post-March 2018, Jio prime members would be able to avail the same benefits for another year at Rs 303 per month tariff plan, he added.

Apart from that, he said the company will start offering tariff plans starting April 1 for people who do not opt for the prime membership plan.

“We will start offering tariff plans starting April 1. Calls to all networks, roaming will remain free after April 1,” he added.

Ambani also vowed to match the tariff data plans of its competitors with 20 percent more data. (IANS)

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