{"id":101284,"date":"2017-08-01T10:57:17","date_gmt":"2017-08-01T05:27:17","guid":{"rendered":"http:\/\/greattelangaana.com\/english\/?p=101284"},"modified":"2017-08-01T10:57:17","modified_gmt":"2017-08-01T05:27:17","slug":"ambani-is-asias-2nd-richest","status":"publish","type":"post","link":"https:\/\/greattelangaana.com\/english\/ambani-is-asias-2nd-richest\/","title":{"rendered":"Ambani is Asias 2nd richest"},"content":{"rendered":"<p style=\"text-align: justify;\">Mukesh Ambani has crossed Li Ka-shing to become Asia&#8217;s second-richest man as investors rallied behind his efforts to arm India&#8217;s poor with cheap data-loaded phones. Some analysts are beginning to focus on the costs of his ambition.<\/p>\n<p style=\"text-align: justify;\">The chairman of Reliance Industries Ltd. has added $12.1 billion (around Rs. 77,000 crore) to his wealth this year, according to the Bloomberg Billionaires Index, as shares of his refining-to-telecom company surged to a record.<\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-101286 aligncenter\" src=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/08\/mukesh.jpg\" alt=\"mukesh\" width=\"638\" height=\"359\" srcset=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/08\/mukesh.jpg 638w, https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/08\/mukesh-500x280.jpg 500w\" sizes=\"auto, (max-width: 638px) 100vw, 638px\" \/><\/p>\n<p style=\"text-align: justify;\">Spurring the rally on is optimism that a new $23 phone (Rs. 1,500) launched last month will expand the market for Ambani&#8217;s fourth-generation mobile network into India&#8217;s hinterland. The whistles and applause that greeted the JioPhone obscured the fact that by one measure the company&#8217;s debt has climbed to at least a 15-year high.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mukesh Ambani has crossed Li Ka-shing to become Asia&#8217;s second-richest man as investors rallied behind his efforts to arm India&#8217;s poor with cheap data-loaded phones. Some analysts are beginning to focus on the costs of his ambition. The chairman of Reliance Industries Ltd. has added $12.1 billion (around Rs. 77,000 crore) to his wealth this [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":101285,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[50911,50912,35905,615,50910,236,233],"class_list":["post-101284","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-stories","tag-asias-second-richest-man","tag-cheap-data-loaded-phones","tag-investors","tag-jio","tag-li-ka-shing","tag-mukesh-ambani","tag-reliance-industries"],"jetpack_featured_media_url":"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/08\/Drama-Mukesh-Ambani.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/101284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/comments?post=101284"}],"version-history":[{"count":0,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/101284\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media\/101285"}],"wp:attachment":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media?parent=101284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/categories?post=101284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/tags?post=101284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}