Photo: Times Now News
Mukesh Ambani to Form "Family Council" for Succession Planning
Reliance Industries Ltd chairman Mukesh Ambani is planning to set up a "family council" as part of the succession planning. The council will implement a governance structure to hand over the reins of Reliance Industries. Reportedly, the council will consist of Ambani's three children - Akash, Isha and Anant, an adult member of the family and external members to act as "mentors and advisors".
Tags: Mukesh Ambani, Reliance Industries
Courtesy: Hindustan Times
Photo: Telegraph India
TikTok in Talks with Reliance, Plans to Come Back to India
Mukesh Ambani's Reliance Industries Limited (RIL) has been approached for investing in Tik-Tok's Indian market. Reportedly, the CEO of Tik-Tok, Kevin A Mayer is in talks with the RIL officials. On the other hand in the United States, Microsoft is also negotiating with the Chinese brand. The deadline set by Donald Trump for this deal is September 15. TikTok was banned citing security threats.
TikTok in Talks with Reliance, Plans to… read-more
Tags: Mukesh Ambani, Reliance Industries, Donald Trump, TikTok, Microsoft
Courtesy: Economic Times
Photo: India TV News
Mukesh Ambani Becomes World's 4th Richest Person Ousting France's Richest
According to the Bloomberg Billionaires Index, Mukesh Ambani became the world’s fourth-richest person, taking the place of France’s Bernard Arnault of LVMH Moet Hennessy Louis Vuitton SE. Ambani's Reliance Industries is now worth 80.6 billion USD after amassing 22 billion USD this year in its digital unit. He also recently surpassed not just the Alphabet Inc co-founders, but even Elon Musk and Warren Buffett.
Tags: Bloomberg Billionaire Index, Reliance Industries, Mukesh Ambani, Elon Musk
Courtesy: Livemint
