Mukesh Ambani on corporate values
From Mukesh Ambani's Virtual Address To Reliance Shareholders · · NDTV
“The one common unifying thread that runs through everything we have ever done at reliance is the spirit of care and empathy. We care for our employees and their families, we care for our customers, our shareholders and our partners, we care for the country and the community, we care for the planet and the people.”
On , Mukesh Ambani, Chairman & Managing Director at Reliance Industries, spoke about corporate values during Mukesh Ambani's Virtual Address To Reliance Shareholders on NDTV.
About Mukesh Ambani
During Reliance Industries' Q4 FY26 earnings conference call on April 29, 2026, Mukesh Ambani described the macroeconomic environment as "totally unprecedented," noting that Dubai crude surged to $168 per barrel and LNG prices rose to about $27 per mmBtu. He cited a supply shock impacting industry and consumer confidence, along with rupee depreciation of 11% for the year and 4% in March, as areas of concern. Ambani also mentioned that insurance premiums for shipping had risen from a few thousand dollars to as high as $65,000 or more due to the warlike situation. Ambani stated that Reliance had secured crude cargoes from diverse sources including Venezuela, Russia, Brazil, and Mexico, leveraging its ability to process over 200 grades of crude. He highlighted the signing of what he called "one of the world's largest green ammonia supply contracts" with Samsung CND, and said the government had formed a joint working group to ensure critical sectors are not starved of feedstocks, with exceptions being made from the LPG control order. For the company's telecom business, Ambani identified priority areas as gaining market share in mobility, home services, and enterprises, as well as scaling up recently launched digital services.
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