- LATEST
- WEBSTORY
- TRENDING
BUSINESS
Mukesh Ambani says his Rs 2004000 crore company is ready for...
He also outlined plans from net zero to the roll-out of True5G telecom network and retail.
Updated : Aug 07, 2024, 07:34 PM IST
 "Mukesh Ambani says his Rs 2004000 crore company is ready for...")
TRENDING NOW
)
Sudhanshu Pandey makes big statement on Anupamaa co-actor Rupali Ganguly's stepdaughter allegations: 'It's not good...'
)
Shweta Tiwari's wedding photos with Bigg Boss 13 contestant Vishal Aditya Singh go viral, here's the truth behind them
)
This Pakistani Influencer's private video leaked online, days after Minahil Malik and Insha Rehman's clips
)
No mention of Aaradhya Bachchan in Amitabh Bachchan's post on birthdays, it happened recently
)
Amitabh Bachchan opens up on Aishwarya Rai-Abhishek Bachchan divorce rumours
)
Meet richest footballer of 2024, not Cristiano Ronaldo, Lionel Messi, his net worth is...
)
Gautam Adani's BIG Rs 16877 crore plan to take on Mukesh Ambani, set to build Mumbai's largest...
)
'Good to be back': After breaking up with Malaika Arora, Arjun Kapoor reunites with his 'partner-in-crime after ages'
)
Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan tells Amitabh Bachchan: 'I hope people don't...'
)
Amitabh Bachchan praises Abhishek Bachchan's new film, netizens ask 'kash ye Aishwarya...'
)
Virat Kohli's tweet mistaken for 'divorce announcement' from Anushka Sharma, fans compare to AR Rahman's separation post
)
Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan says he'll do 'whatever it takes' to be there for Aaradhya
)
Samantha Ruth Prabhu shares inspirational poem ahead of Naga Chaitanya, Sobhita Dhulipala wedding: 'Force your heart...'
)
Model's bold dance in towel at India Gate raises eyebrows, netizens say arrest her, watch viral video
)
AR Rahman, Saira Banu to separate 29 years after marriage due to 'significant emotional strain': 'Couple has found...'
Mukesh Ambani is still the richest man in Asia with a real-time net worth of USD 113.4 billion or Rs 952070 crore, as per Forbes. He is the chairman of Reliance Industries which is India's most valuable firm. It is present in several sectors and has a market cap of Rs 2004000 crore, as of August 7. Now, the 67-year-old billionaire expressed confidence that Reliance is ready for the next level of growth.
Ambani said, "Reliance has consolidated its balance sheet after the previous round of capex and is ready for the next level of growth." He also outlined plans from net zero to the roll-out of True5G telecom network and retail. In the firm's latest annual report, he said in the world of volatility and uncertainty, India is shining as a beacon of stability and prosperity.
Reliance has over the past decade added telecom, retail and finance to its core business of oil and chemicals. It is now pivoting a green pathway, targeting net zero carbon emissions from its operations by 2035. Ambani said the launch of Jio 4G mobile telephony services in 2016 "turned a data dark India into a data rich nation, supplying every Indian home with affordable, high-speed 4G data".
"And this year, Jio has further enhanced the country's digital infrastructure by rolling out its True5G network across India in world-record time," he said. On retail, he said as India's largest retailer, Reliance Retail is perfectly positioned to serve the consumption needs of fast-growing economy. While its all-encompassing range of products gains traction, its new commerce initiative is not just home deliveries of groceries to electronics but also supporting small indigenous merchants and kirana shop owners, he said.
(With inputs from PTI)
READ | Mukesh Ambani's Reliance loses Rs 70195 crore in just 6 hrs after...
