RIL contributes Rs 500 crore to PM CARES Fund

Reliance Industries’ chief Mukesh Ambani on Monday committed Rs 500 crore to the Prime Minister’s COVID-19 fund, topping up over the multi-crore initiative of India’s first coronavirus hospital, meals to the needy, and fuel to emergency vehicles. Reliance Industries has also provided a contribution of Rs 5 crore each to Maharashtra and Gujarat governments.

Mukesh Ambani loses Asia’s richest tag to Jack Ma in $5.8 billion rout

Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks. The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased $5.8 billion from Ambani’s net worth on Monday and pushed him to