Tag: Reliance Industries Ltd

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

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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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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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