Facebook investment helps India's richest man Mukesh Ambani shed dependence on oil
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Mukesh Ambani's empire has been supported by the energy flank for decades. But when Ambani face shareholders at Reliance Industries annual meeting on Wednesday, he will be speaking on behalf of an empire that is increasingly breaking free from oil-price fortunes. Ambani's string of deals with Facebook and other Silicon Valley players this year have propelled Reliance into the e-commerce and technology space like never before.