inception reliance entertainment
Reliance Anil Dhirubhai Ambani Group ( Anil Dhirubhai Ambani Ventures Limited ) is an Indian conglomerate , headquartered in Navi Mumbai , India . The company , which was formed after Dhirubhai Ambani ' s business was divided up , is headed by his younger son Anil Ambani . It has a market capitalisation of and net assets worth . The Reliance Group operates in over ___MASK90___ , 000 towns and ___MASK46___ , 000 villages in India , and abroad . Dhirajlal Hirachand " Dhirubhai " Ambani ( 28 December ___MASK6___  6 July 2002 ) was an Indian business tycoon who founded Reliance Industries in Bombay with his cousin . He appeared in the " The Sunday Times " top ___MASK83___ businessmen in Asia . Ambani took Reliance Industries public in ___MASK29___ and by 2007 , the combined fortune of the family was $ 60 billion , making the Ambanis the third richest family in the world . Ambani died on 6 July 2002 . In 2016 , He was honored posthumously with the Padma Vibhushan , India ' s second highest civilian honor for his contributions in trade and industry . Navi Mumbai ( IPA : Nav Mumba '  ) is a planned township of Mumbai off the west coast of the Indian state of Maharashtra . The city is being divided into two parts North Navi Mumbai and South Navi Mumbai , for the individual development of Panvel Mega City , which includes area from Kharghar to Uran . The place was selected because of its strategic location near Panvel . The area around the proposed Navi Mumbai International Airport will be controlled and planned by CIDCO under SPECIAL PLANNING AUTHORITY  NAVI MUMBAI AIRPORT INFLUENCE NOTIFIED AREA ( SPA - NAINA ). NAINA will be responsible for avoiding any haphazard development around the airport in Panvel . It was mooted in ___MASK20___ to be a new urban township of Mumbai by the Government Of Maharashtra . For this purpose a new public sector undertaking was established that is CIDCO . Anil Dhirubhai Ambani is an Indian business magnate , and investor . He is the chairman of Reliance Group ( also referred to Reliance ADA Group ) which came into existence in June ___MASK49___ following a demerger from Reliance Industries Limited . He leads a large number of listed corporations including Reliance Capital , Reliance Infrastructure , Reliance Power and Reliance Communications . Ambani ' s net worth is $ 3 . 3 billion according to the Forbes billionaire list for 2016 . Reliance Entertainment ( formerly known as Reliance BIG Entertainment ) is a wholly owned subsidiary of the Reliance Anil Dhirubhai Ambani Group handling its media and entertainment business , across content and distribution platforms . The key content initiatives are across movies , music , sports , gaming , Internet & mobile portals , leading to direct opportunities in delivery across the emerging digital distribution platforms : digital cinema , IPTV , DTH and mobile TV .