Even as India’s richest man gave away "unlimited" 4G internet access to more than 100 million subscribers for six months, his personal wealth is far from taking a dent.
Mukesh Ambani, the chairman and managing director of India’s largest industrial house Reliance Industries Limited, added $6 billion to his personal wealth last year, according to Bloomberg Billionaires Index.
With 40 percent stake in Reliance Industries Limited, Ambani is the largest shareholder at the conglomerate.
Reliance Jio began commercial operations in India on Sept. 5. The 4G-only network has been offering tons of free data and access to a plethora of content services for free to all its subscribers. Read more...
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