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Tag: Reliance Industries Ltd

RIL to acquire additional 13% stake in Viacom 18 from Paramount Global

Posted on March 14, 2024 By admin
RIL to acquire additional 13% stake in Viacom 18 from Paramount Global

A man walks past a Reliance Industries Limited signboard in Gandhinagar. | Photo Credit: REUTERS The Reliance Industries Ltd. on Thursday, March 14, 2024, informed stock exchanges that it had agreed to acquire 13.01% equity stake (on a fully diluted basis) of Viacom 18 Media Private Ltd. from two subsidiaries of Paramount Global for an…

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Business

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

Posted on August 30, 2023 By admin
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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