Asia's richest man won't be taking home a salary until the impact of the coronavirus pandemic eases, he says. Mukesh Ambani announced his decision as Reliance Industries, the sprawling conglomerate he runs, posted dismal earnings.
Hong Kong Asia's richest man said Thursday that he won't be taking home a salary until the impact of the coronavirus pandemic eases.
Mukesh Ambani announced his decision as Reliance Industries — the sprawling oil refining, manufacturing and telecom conglomerate he runs — posted dismal earnings. Net profit slid more than 37% to 65 billion rupees in the three months ended March compared to a year earlier as the firm grappled with the impact of the pandemic.Facebook is spending $5.7 billion to capitalize on India's internet boomOil prices fell to historic lows last month as demand evaporated.
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