Akash Ambani takes charge at Reliance Jio
The Times of India Mumbai|June 29, 2022
In the first big announcement of succession planning at Reliance Industries-the country's leading industrial house-30-year-old Akash Ambani was appointed the chairman of Reliance Jio on Tuesday as his father Mukesh Ambani (65 years) stepped down from the board of the telecom behemoth, passing on the baton to the family's next generation.
Pankaj Doval
Akash Ambani takes charge at Reliance Jio

New Delhi: This is the first instance where one of Mukesh and wife Nita's three children-Akash, Isha (twins) and Anant (27 years) is assuming a leadership role in one of the group's key companies.

Akash and Isha are already on the board of the group's fastest-growing new-age units-Jio and Reliance Retail -while Anant (the youngest of the three) is on the board of Jio Platforms along with the other two children.

When it comes to the parent company, Reliance Industries, though, the three children are yet to join the board where only Mukesh and Nita represent the family.

Akash on telco's board since 2014, old-timer Pawar named Jio's MD

New Delhi: Even as industrialist Mukesh Ambani stepped down from the board of the telecom behemoth Reliance Jio, he continues to be the chairman of Jio Platforms and Reliance Retail Ventures, the companies that hold all the digital and retail assets of the group.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE TIMES OF INDIA MUMBAIView all
US soccer scrubs Islamic emblem from Iran flag
The Times of India Mumbai

US soccer scrubs Islamic emblem from Iran flag

The federation said in a statement Sunday that it decided to forego the official flag on social media accounts to show “support for the women in Iran fighting for basic human rights.”

time-read
2 mins  |
November 28, 2022
Pyar Ke Saat Vachan Dharam Patnii begins on TV tonight
The Times of India Mumbai

Pyar Ke Saat Vachan Dharam Patnii begins on TV tonight

What happens when kismet takes over the lives of two couples belonging to two different sections of society?

time-read
1 min  |
November 28, 2022
Arijit serenades music lovers in Mumbai
The Times of India Mumbai

Arijit serenades music lovers in Mumbai

Arijit Singh casts a spell with his voice

time-read
2 mins  |
November 28, 2022
ARGENTINA LIVE TO FIGHT ANOTHER DAY
The Times of India Mumbai

ARGENTINA LIVE TO FIGHT ANOTHER DAY

Messi's Strike Rattles Mexico And Lusail, Brings Team Back From The Brink

time-read
4 mins  |
November 28, 2022
Costa Rica come alive
The Times of India Mumbai

Costa Rica come alive

Los Ticos Stun Japan With Late Fuller Winner

time-read
1 min  |
November 28, 2022
Morocco's moment under the sun
The Times of India Mumbai

Morocco's moment under the sun

Inspired Atlas Lions Shock Belgium For First WC Win In 24 Years

time-read
3 mins  |
November 28, 2022
ON YOUR MARK, GET SET, SOAR
The Times of India Mumbai

ON YOUR MARK, GET SET, SOAR

Athletics Icon Usha Set To Become First Woman President Of IOA

time-read
2 mins  |
November 28, 2022
Industry body calls for slower rate hikes
The Times of India Mumbai

Industry body calls for slower rate hikes

CII Asks RBI To Moderate Pace Of Raising Repo As Global Woes May Impact Growth

time-read
2 mins  |
November 28, 2022
The Times of India Mumbai

Insurance reforms may see PE funding surge in sector

Irdai Raises Investment Cap, Allows PEs To Be Promoters

time-read
1 min  |
November 28, 2022
Cut ties with child-killing regime, Khamenei's niece tells world, held
The Times of India Mumbai

Cut ties with child-killing regime, Khamenei's niece tells world, held

Iranian authorities have arrested a niece of supreme leader Ayatollah Ali Khamenei after she recorded a video describing the authorities led by her uncle as a “murderous and child-killing regime”.

time-read
1 min  |
November 28, 2022