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Mukesh Ambani, Chairman of Reliance Industries Ltd; Senior BJP leader L K Advani and President of I Love Mumbai Nana Chudasama during the release of book ‘History on a Banner’ in Mumbai on Thursday, 17 June 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd shakes hand with President of I Love Mumbai Nana Chudasama as Journalist & Author M J Akbar looks on during the release of book ‘History on a Banner’ in Mumbai on Thursday, 17 June 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd; Munira Chudasama; Senior BJP leader L K Advani; President of I Love Mumbai Nana Chudasama and Journalist & Author M J Akbar release the book ‘History on a Banner’ in Mumbai on Thursday, 17 June 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd and Senior BJP leader L K Advani during the release of book ‘History on a Banner’ in Mumbai on Thursday, 17 June 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani and mother Kokilaben Ambani arrive for the company’s 36th AGM (annual general meeting) in Mumbai on Friday, 18 June 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani and mother Kokilaben Ambani pose for the photographers during the company’s 36th AGM (annual general meeting) in Mumbai on Friday, 18 June 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd with mother Kokilaben Ambani arrive for the company’s 36th AGM (annual general meeting) in Mumbai on Friday, 18 June 2010.

Senior BJP leader L K Advani greets while Mukesh Ambani, Chairman of Reliance Industries Ltd looks on during a release of book ‘History on a Banner’ in Mumbai on Thursday, 17 June 2010.

Fashion Designer Shaina NC; Mukesh Ambani, Chairman of Reliance Industries Ltd; Munira Chudasama; Senior BJP leader L K Advani and President of I Love Mumbai Nana Chudasama releasing the book ‘History on a Banner’ in Mumbai on Thursday, 17 June 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd shakes hand with Adi Godrej, Chairman of Godrej Group as President of I Love Mumbai Nana Chudasama looks on during a release of book ‘History on a Banner’ in Mumbai on Thursday, 17 June 2010.

Dr Ashok S Ganguly, Padma Vibhushan, Member of Parliament presents IMC Juran Quality Award to Mukesh Ambani, Chairman of Reliance Industries Ltd as Director of Baja Group Niraj Baja looks on during Ramkrishna Bajaj National Quality Award Trust in Mumbai on Friday,19 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd during Ramkrishna Bajaj National Quality Award Trust in Mumbai on Friday, 19 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd during Ramkrishna Bajaj National Quality Award Trust in Mumbai on Friday, 19 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd during Ramkrishna Bajaj National Quality Award Trust in Mumbai on Friday, 19 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd during Ramkrishna Bajaj National Quality Award Trust in Mumbai on Friday, 19 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd visits renowned photographer Dilip Banerjee"s Photo -exhibition ‘Song of the road’ at the Piramal Gallery, NCPA in Mumbai on Sunday, 02 May 2010. Calling it "An artistic wave" Mr.Ambani appreciated Banerjee"s work over three decades.

Mukesh Ambani, Chairman of Reliance Industries Ltd visits renowned photographer Dilip Banerjee"s Photo -exhibition ‘Song of the road’ at the Piramal Gallery, NCPA in Mumbai on Sunday, 02 May 2010. Calling it "An artistic wave" Mr.Ambani appreciated Banerjee"s work over three decades.

Mukesh Ambani, Chairman of Reliance Industries Ltd visits renowned photographer Dilip Banerjee"s Photo -exhibition ‘Song of the road’ at the Piramal Gallery, NCPA in Mumbai on Sunday, 02 May 2010. Calling it "An artistic wave" Mr.Ambani appreciated Banerjee"s work over three decades.

Ted Fortsmann, Chairman & CEO- IMG Worldwide and Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani at a press conference to announce the alliance between Reliance Industries Limited and IMG Worldwide to develop, market and manage sports and entertainment in India in Mumbai on Sunday,14 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani at a press conference to announce the alliance between Reliance Industries Limited and IMG Worldwide to develop, market and manage sports and entertainment in India in Mumbai on Sunday,14 March 2010.

Ted Fortsmann, Chairman & CEO- IMG Worldwide and Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani at a press conference to announce the alliance between Reliance Industries Limited and IMG Worldwide to develop, market and manage sports and entertainment in India in Mumbai on Sunday,14 March 2010.

Ted Fortsmann, Chairman & CEO- IMG Worldwide and Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani at a press conference to announce the alliance between Reliance Industries Limited and IMG Worldwide to develop, market and manage sports and entertainment in India in Mumbai on Sunday,14 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani at a press conference to announce the alliance between Reliance Industries Limited and IMG Worldwide to develop, market and manage sports and entertainment in India in Mumbai on Sunday,14 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani at a press conference to announce the alliance between Reliance Industries Limited and IMG Worldwide to develop, market and manage sports and entertainment in India in Mumbai on Sunday,14 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd with daughter Isha Ambani during an award function ‘Real Heroes Awards’ organized by CNN-IBN and Reliance Industries Ltd in Mumbai on Wednesday, 10 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani during an award function ‘Real Heroes Awards’ organized by CNN-IBN and Reliance Industries Ltd in Mumbai on Wednesday, 10 March 2010.

Chandi Prasad Bhatt shares words after receiving Lifetime Achievement Award while Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani; Bollywood Director Yash Chopra; Indian Cricketer Sachin Tendulkar and Actor Aamir Khan look on during an award function ‘Real Heroes Awards’ organized by CNN-IBN and Reliance Industries Ltd in Mumbai on Wednesday, 10 March 2010.

Indian Cricketer Sachin Tendulkar with wife Anjali and Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani during an award function ‘Real Heroes Awards’ organized by CNN-IBN and Reliance Industries Ltd in Mumbai on Wednesday, 10 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani and Award Winner during an award function ‘Real Heroes Awards’ organized by CNN-IBN and Reliance Industries Ltd in Mumbai on Wednesday, 10 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani during an award function ‘Real Heroes Awards’ organized by CNN-IBN and Reliance Industries Ltd in Mumbai on Wednesday, 10 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd during Ramkrishna Bajaj National Quality Award Trust in Mumbai on Friday,19 March 2010.

Dr Ashok S Ganguly, Padma Vibhushan, Member of Parliament presents IMC Juran Quality Award to Mukesh Ambani, Chairman of Reliance Industries Ltd as Director of Baja Group Niraj Baja looks on during Ramkrishna Bajaj National Quality Award Trust in Mumbai on Friday,19 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd during Ramkrishna Bajaj National Quality Award Trust in Mumbai on Friday,19 March 2010.

President of IMC Gul Kriplani; Dr Ashok S Ganguly, Padma Vibhushan, Member of Parliament with IMC Juran Quality Award to Mukesh Ambani, Chairman of Reliance Industries Ltd and Director of Baja Group Niraj Baja looks on during Ramkrishna Bajaj National Quality Award Trust in Mumbai on Friday,19 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd during Ramkrishna Bajaj National Quality Award Trust in Mumbai on Friday,19 March 2010.

Ted Fortsmann, Chairman & CEO- IMG Worldwide and Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani at a press conference to announce the alliance between Reliance Industries Limited and IMG Worldwide to develop, market and manage sports and entertainment in India in Mumbai on Sunday,14 March 2010.

Ted Fortsmann, Chairman & CEO- IMG Worldwide having a word with Neeta Ambani as Mukesh Ambani, Chairman of Reliance Industries Ltd looks on at a press conference to announce the alliance between Reliance Industries Limited and IMG Worldwide to develop, market and manage sports and entertainment in India in Mumbai on Sunday,14 March 2010.

Ted Fortsmann, Chairman & CEO- IMG Worldwide and Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani at a press conference to announce the alliance between Reliance Industries Limited and IMG Worldwide to develop, market and manage sports and entertainment in India in Mumbai on Sunday,14 March 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani at a press conference to announce the alliance between Reliance Industries Limited and IMG Worldwide to develop, market and manage sports and entertainment in India in Mumbai on Sunday,14 March 2010.

Ted Fortsmann, Chairman & CEO- IMG Worldwide and Mukesh Ambani, Chairman of Reliance Industries Ltd with wife Neeta Ambani at a press conference to announce the alliance between Reliance Industries Limited and IMG Worldwide to develop, market and manage sports and entertainment in India in Mumbai on Sunday,14 March 2010.