Mumbai, June 7 -- Mukesh Ambani, Chairman and Managing Director, Reliance Industries announced an unconditional grant of Rs 151 crore to the Institute of Chemical Technology, Mumbai, from where he graduated in the 1970s.

Ambani spent over three hours on Friday at the institute (ICT), which back then was called the University Department of Chemical Technology (UDCT). He was there to attend the function to publish Professor MM Sharma's biography titled 'Divine Scientist'.

He also reminisced how the first lecture he attended at UDCT by Professor Sharma motivated him and how Prof. Sharma later played a role of quiet architect of India's economic reforms.

Prof. Sharma impressed upon the policymakers that the only way for India to grow was t...