NEW DELHI: Mukesh Ambani reveals leaderships roles for his children. Speaking at India’s telecom leader Reliance’s annual general meeting, Reliance Chairman Mukesh Ambani said he has been training his children on a daily basis. As they begin to take the reins at the company, they need to be trained.
In addition, with a market value of $220 billion, Ambani’s business empire spans telecoms, retail, oil-and-gas and new energy.
He said he was among those mentoring his children as they begin to take the reins at the company. With Akash and Isha assuming leadership roles in Jio digital and retail respectively, and Anant joining the new energy business.
Ambani senior added that he would provide an update next year on IPO plans for Reliance’s digital and retail units, which raised around $22 billion from global investors such as KKR & Co Inc and Silver Lake in 2020.
Also, Isha Ambani said Reliance will launch a new consumer goods company this year, without giving details.
Reuters exclusively reported in May that Reliance has plans to acquire dozens of grocery. And non-food brands to build a $6.5 billion business to challenge foreign giants like Unilever.
A district and sessions court in Islamabad Thursday rejected the pleas seeking suspension of the…
Lahore High Court (LHC) Chief Justice (CJ) Shahid Karim on Thursday remarked that Prime Minister…
Supreme Court's Justice Athar Minallah said Thursday that the Election Commission of Pakistan (ECP) lacks…
The Pakistani government is mulling a tit-for-tat response to the US House of Representatives resolution…
The United States has once again stressed Pakistan to fulfill its "constitutional and International responsibilities…
The Khyber-Pakhtunkhwa government (K-P) has decided to establish a judicial commission to investigate the incidents…
Leave a Comment