Mukesh Ambani tops India's richest list
New Delhi: After Reliance Industries emerged as India's most valued firm, its chairman and MD Mukesh Ambani has climbed to the top of the country's richest list.
RIL's market cap has grown to over Rs1,65,000 crore taking Mukesh Ambani's net worth based on his shareholding in group companies to more than Rs70,000 crore.

Ambani's elevation to the top of the country's richie-rich club has pushed Wipro's Azim Premji to the second position with a net worth of about Rs64,700 crore.

The younger Ambani brother Anil's net worth has also soared after the recent record breaking rally in the stock market.

Anil Ambani maintains his position as the country's third richest person with a net worth of over Rs61,000 crore based on his shareholding in group companies.
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Skoda India may get new MD
Mumbai: Auto major Skoda India could soon have a new managing director to replace Lukas Folc, who had taken over as managing director from Imran Hassen.

Folc was earlier the finance chief of the Indian operations. The move is being considered as part of the efforts to revamp the top management of the Indian operation of the Czech auto company.

Skoda India had in November last year, doubled production capacity at its Aurangabad facility to 30,000 units.
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