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  • Dec 18, 2014
  • Updated: 5:39pm

Mukesh Ambani

India's richest man, Mukesh Ambani, to be guarded by armed commandos

Mukesh Ambani

The Indian government is to provide the country's richest man, Mukesh Ambani, head of energy giant Reliance Industries, with full-time security from armed commandos. India's home ministry approved the move two months after a letter threatening to harm Ambani was hand-delivered to his office in Mumbai.

Tuesday, 23 April, 2013, 2:25am

India’s billionaire club slow to share riches

Indian pedestrians walk past a beggar sitting on the steps leading to a railway station in Mumbai. Photo: AFP

They may build skyscraper mansions, travel by private jet and throw sumptuous wedding parties, but it seems India’s super-rich are much slower at opening their wallets for charity.

India now has 55 dollar billionaires, the fifth-biggest number in the world, according to a Forbes ranking this month.

20 Mar 2013 - 4:01pm

Castles in the sky

Even India's richest man, Mukesh Ambani, CMD of Reliance Industries, could not find a large area of land in Mumbai to build himself a new home. The tiny strip that constitutes Mumbai has so little land left that it is close to imploding.

23 Mar 2012 - 12:00am

If you've got it, don't flaunt it amid the poverty

The fact that one of India's best-known tycoons, Ratan Tata - head of the country's oldest business house, the Tatas - has weighed in on how the rich should live, amid distressing poverty, has caused quite a stir.

30 May 2011 - 12:00am

Indian tycoon's 60-storey home stirs passions

India's richest man, Mukesh Ambani, has aroused strong feelings in his home city of Mumbai with his plans to build a tower equal to 60 storeys in the heart of the city's most expensive neighbourhood, Malabar Hill.

15 Jul 2007 - 12:00am

Reliance seeks airport job

India's Reliance Industries, which is building a port at Jamnagar capable of handling 30 million tonnes of cargo a year, is bidding for construction of a HK$5.7 billion airport at Panvel, Bombay.

30 Jul 1997 - 12:00am