<p>Mumbai: Asia's richest man Mukesh Ambani on Thursday said his oil-to-telecom conglomerate is not in the business of making short-term profit and hoarding wealth and instead focused on wealth creation for the nation.</p>.<p>Speaking at the annual shareholder meeting of Reliance Industries Ltd, he said the company is working for the energy security of the country.</p>.<p>Reliance, he said, has now become a net producer of technology, transforming into a deep tech company.</p>.RIL shareholders rewarded with one share for every share they hold.<p>The birth of AI has opened up opportunities to address complex problems facing humans, said Ambani, chairman and managing director of RIL.</p>.<p>Painting a rosy picture of the country's economy, he said India is one of the biggest growth engines in the world and no longer just a carriage. </p>
<p>Mumbai: Asia's richest man Mukesh Ambani on Thursday said his oil-to-telecom conglomerate is not in the business of making short-term profit and hoarding wealth and instead focused on wealth creation for the nation.</p>.<p>Speaking at the annual shareholder meeting of Reliance Industries Ltd, he said the company is working for the energy security of the country.</p>.<p>Reliance, he said, has now become a net producer of technology, transforming into a deep tech company.</p>.RIL shareholders rewarded with one share for every share they hold.<p>The birth of AI has opened up opportunities to address complex problems facing humans, said Ambani, chairman and managing director of RIL.</p>.<p>Painting a rosy picture of the country's economy, he said India is one of the biggest growth engines in the world and no longer just a carriage. </p>