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Claim Text
The company, started by Mukesh Ambani’s father in Bombay (now Mumbai) in 1965 as a trading house for polyester, is the nation’s biggest conglomerate, composed of dominant players in energy, data and mobile networks, retail, finance, and more.
Simplified Text
Reliance Industries started in 1965 as a polyester trading house and is now India's biggest conglomerate.
Confidence Score
1.000
Claim Maker
Alex Travelli
Context Type
News Article
Context Details
{
    "year": "1965",
    "person": "Mukesh Ambani's father",
    "company": "Reliance Industries",
    "business": "polyester trading house",
    "location": "Bombay (now Mumbai)"
}
UUID
9fdae230-b026-46b1-9f86-0fada8887bf7
Vector Index
✗ No vector
Created
September 11, 2025 at 9:01 PM (3 days ago)
Last Updated
September 11, 2025 at 9:01 PM (3 days ago)

Original Sources for this Claim (1)

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Screenshot of https://www.nytimes.com/2025/08/09/business/india-russian-oil-ambani.html
https://www.nytimes.com/2025/08/09/business/india-russian-oil-ambani.html

US President Trump imposed tariffs on India due to its reliance on Russian oil, impacting major Indian companies like Reliance Industries, owned by Mukesh Ambani. This action strains US-India relations and highlights India's energy dependence.

International Trade
Geopolitics
Energy
India
Russia
US Sanctions
Oil Industry
Mukesh Ambani

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