Ambani said performance of the digital services segment has been boosted by accelerated expansion of subscriber base, supported by both mobility and fixed wireless services.
In an exclusive conversation with India Today, Anant spoke about the legacy and said that he doesn’t feel the pressure at all. “No pressure at all. I think I am privileged to be born into such a family."
Mukesh Ambani, Asia s richest person and chairman of Reliance Industries, is expected to guide his children - Akash, Isha, and Anant Ambani - as they take on leadership roles in the company. This move is part of a succession plan to prevent disputes among the siblings. Additionally, it is believed that Reliance Industries may eventually transition into a holding company structure, which would provide clearer distinctions between divisions and enhance shareholder value. However, this could make Reliance more reliant on dividends from its subsidiaries to service its debts.
Mukesh Ambani, Asia s richest person and chairman of Reliance Industries, is expected to guide his children - Akash, Isha, and Anant Ambani - as they take on leadership roles in the company. This move is part of a succession plan to prevent disputes among the siblings. Additionally, it is believed that Reliance Industries may eventually transition into a holding company structure, which would provide clearer distinctions between divisions and enhance shareholder value.
With a net worth of Rs 1.2 lakh crore, Ambani is keen to leverage his balance sheet and draw on Reliance’s huge footprint across telecom and retail to leapfrog into the financial services space - Issue Date: Oct 01, 2023