Ambani’s $75 billion plan aims to make India a hydrogen hub

Billionaire Mukesh Ambani’s ambitious effort to pivot his conglomerate Reliance Industries Ltd. toward green energy could transform India into a clean-hydrogen juggernaut. Ambani, Asia’s richest man who’s built his fortune on fossil fuels, announced plans earlier this month to invest $75 billion in renewables infrastructure including generation plants, solar panels and electrolyzers. There is growing…Continue Reading

Ambanis have no plan to relocate to London: RIL

MUMBAI: Reliance Industries Ltd on Friday issued a statement clarifying that chairman Mukesh Ambani and his family have “no plans whatsoever to relocate or reside in London or anywhere else in the world”. This followed media reports that Asia’s richest man and his family members were going to divide time between India and the UK.…Continue Reading