Industrialist Mukesh Ambani announced an unconditional grant of Rs 151 crore to the Institute of Chemical Technology (ICT), Mumbai, on Friday. It is the same institute from where Ambani had completed his graduation in the 1970s.

The Chairman and Managing Director of Reliance Industries spent over three hours at the institute for an event to launch Professor M.M. Sharma's biography titled 'Divine Scientist’.

At ICT, which was previously called the University Department of Chemical Technology (UDCT), he recalled how the first lecture he attended by Prof Sharma motivated him, further stressing on the latter’s role as a quiet architect of India's economic reforms.