Dhirubhai Ambani was an Indian business tycoon who founded Reliance Industries in 1958. Ambani took Reliance public in 1977. In 2016, he was honoured posthumously with the Padma Vibhushan, India's second-highest civilian honour for his contributions to trade and industry. Ambani faced numerous accusations of market manipulation, tax evasion, and cronyism.
Ambani on an Indian postal stamp issued in 2002
The President, Shri Pranab Mukherjee presenting the Padma Vibhushan Award to Smt. Kokilaben Ambani, widow of Late Shri Dhirubhai Hirachand Ambani (posthumous), at a Civil Investiture ceremony, at Rashtrapati Bhavan, New Delhi
Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation and revenue, and the 100th largest company worldwide. It is India's largest private tax payer and largest exporter, accounting for 7% of India's total merchandise exports. The company has relatively little free cash flow and high corporate debt.
Stamp released in 2002 to honor company founder Dhirubhai Ambani
