Tag: Mukesh Ambani

All About The Scions Who Will Take Charge Of Reliance Business Empire

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All About The Scions Who Will Take Charge Of Reliance Business Empire

Each child owns a $236 million direct ownership stake in Reliance. Asia’s richest man Mukesh Ambani took another step on Monday to lay out a succession plan at Reliance Industries Ltd. The 66-year-old elevated his three children as non-executive directors to Reliance’s board and said he will spend the next five years of his chairmanship…

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Nation

Jio 5G on track to cover entire country by Dec; JioAirFiber to be launched on Ganesh Chaturthi: Mukesh Ambani

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Jio 5G on track to cover entire country by Dec; JioAirFiber to be launched on Ganesh Chaturthi: Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani speaks during the 46th Annual General Meeting of Reliance Industries Limited, on August 28, 2023. | Photo Credit: PTI Reliance Jio’s 5G services marks the fastest-ever rollout of this scale anywhere in the world, and the company is “on track” to cover the entire country with the ultra high-speed network…

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Business

In Mega Push, Mukesh Ambani’s Jio Guarantees “AI To Everyone, Everywhere”

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In Mega Push, Mukesh Ambani’s Jio Guarantees “AI To Everyone, Everywhere”

Unutilized Delhi: Jio Platforms is raring to manage efforts in creating Republic of India-specific AI fashions and AI-powered answers throughout domain names, handing over the good thing about this new-age era to Indian voters, companies and executive, RIL Chairman Mukesh Ambani mentioned on Monday promising “AI to everyone, everwhere”. Terming Synthetic Perception (AI) as probably…

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Business

Mukesh Ambani’s children join Reliance Board; Nita Ambani to step down

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Mukesh Ambani’s children join Reliance Board; Nita Ambani to step down

Reliance Industries chairman Mukesh Ambani Chairman poses with (from 2nd R to L) wife Nita Ambani, children Isha Ambani, Anant Ambani, and Akash Ambani. File | Photo Credit: Reuters The Board of Directors of Reliance Industries Limited (RIL), at its meeting held on August 28 on the recommendation of the Human Resources, Nomination and Remuneration…

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Business

Jio Financial Services Shares Hit Lower Circuit In Debut Trade

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Jio Financial Services Shares Hit Lower Circuit In Debut Trade

Jio Financial Services Ltd (JFSL) demerged from Reliance last month. (File) New Delhi: Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, listed on the bourses on Monday, with the stock falling nearly 5 per cent on the NSE later in the trade. On the BSE, shares of the company began…

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Business

Reliance seeks shareholder nod to appoint Mukesh Ambani as head for another 5 years at nil salary

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Reliance seeks shareholder nod to appoint Mukesh Ambani as head for another 5 years at nil salary

Reliance Industries Ltd, India’s most valuable company, has sought shareholder’s approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 — a period during which he has opted to draw nil salary. Mr. Ambani, 66, will cross the company law-mandated 70 years age for the chief executive…

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Business